2017 FYRE Trades $100k

its not that much leverage when you look into it, there will be a future video on that.

 

So by 75% you mean 75% of your netliq is used for margin reqs?

So one large move and IV up shift and you are done my friend.... you will not be able to fulfill the margin call...

Your book will be on fyre... and you will be fyred...

 

toasteddd

 

While I hate going through videos, It is very important you address that. Tastytrade strategies are high-visibility and much folllowed by forum members. Thanks.

 

FYRETRADE INDICATOR


AVERAGE IV vs HV


input mode = { "histMinusImp", default "impMinusHist"};
input length = 252;
input displace = 0;

plot SMA = Average(ImpVolatility()-HistoricalVolatility()[-displace], length);
SMA.SetDefaultColor(GetColor(1));


---------------------------------------------------------------------------------
Other indicator green/red

IV VS HV



#sdi_hivdelta - difference between historical and implied volatility
#hint: plots the histogram of the difference between historical and implied volatility. the idea is that options are richly priced when iv exceeds hv and selling options is the more advantageous strategy.

declare lower;
input mode = { "histMinusImp", default "impMinusHist"};
#hint mode: select which way to perform the difference calculation.
input length = 20;
#hint length: number of bars to perform historicalVolatility calculation
def ihDelta = historicalVolatility(length)- impVolatility();
plot hid = if mode == mode.impMinusHist then -ihDelta else ihDelta;
hid.setPaintingStrategy(paintingStrategy.HISTOGRAM);
hid.setlineWeight(5);
hid.assignValueColor(
if hid < 0 and hid <= hid[1] then color.RED
else if hid < 0 and hid > hid[1] then color.DARK_RED
else if hid >= 0 and hid >= hid[1] then color.GREEN
else color.DARK_GREEN);