best length for selling a weekly option?

Using which values?
$ vs %?

 

Am I?

Maybe I am just a pretender, living out my fantasy on ET.

Your guess?

 

Ok, I will give my guess. You make money, and have fun, but don't necessarily do better than just holding VOO.

 

Good guess.

Benchmark is QQQ, some years better some years worse, overall better.

 

change the premium to std devs.

 

So, something like solving the BSM eq for z by using the Premium, and then applying some probabilistic calcs like p(z) and calcing GE (or LE) etc.
Yep, good idea. Thx.

 

Is there an equation you can provide where the variables are easy to find?

 

That's very impressive.

 

variables are
premium
volatility
underlying price

find what are the chances there will be a move beyond premium. scale for time. I am not referring to anything difficult. This is what a 14 or 15 year old learns in school

 

Is DTE not needed?