So what's the Bottom Line to all this technical talk and debating, What kind of % returns over what time frame does all this deliver to the wise trader?
Dude, you do NOT want to start with your malarkey in this thread, about hypothetical million-dollar years. Trust me.
Well, apparently tomorrow is going to be crazy on the quad-witching, so hang on for the ride! IV should shoot through the roof, so work your option majiks!
You are just saying the same what I already had said in my previous posting: And you are imprecise since you talk of IV generally, not distinguishing btw. the IV of the Short and Long leg. Even if you were implicitly meaning the combined "net volatility", it still would not be correct, IMO. Another fallacy of yours: your above 2nd statement says that at expiration IV matters with verticals. But it does not! B/c IV of any option does not matter at its expiration, as then only the price of the underlying matters.
Just do the math to get the answer, as it's dependent on the basis (ie. the vertical alternative to the calendar alternative, or vice-versa). The degree of the improvement depends also on whether it's a margin acct or a cash acct. I think margin acct is generally better. Later I'll try to compile some values in table...
Vols are expiration are zero with verticals. The vert is preferred if vols fall bc the calendar will suffer by comparison, moron.
Tell us more such BS! Idiot! Back to my ban file. This idiot really believes IV goes to 0 at expiration! What a sicko!
From my personal experiences and observations, the smartest people and talkers tend to deliver the least. Similar thing across teachers, porn/girls, food/restaurants, cars, movies, people, clothes, fashion, video games, books, shoes, learning, travel destinations, cities, homes, locations, watches, brands, pets, social media personalities, etc etc. etc You truly have to find and hunt for the hidden gems in life that have meaning and substance to you. They won't be things being advertised and talked about and presented in front of you constantly, loudly.