Alright I’m following, I think. Here’s what I did, if I’m wrong and you don’t feel like explaining further it’s all good. One of these other dudes will chime in I’m sure. Anyway. for sake of stress example; Idea: sept djx put condor 15/30/40/55: 2.22 debit vol 33.78 stress: 40/55/65/80: 5 debit stress is 2.78?
I had the best day of my career today (MRNA) and I am probably done with shitposting to blogs/boards. If I bother it will be to post here. Love you all and g-bye.
Dest, but why? You have way too much fun rubbing your massive gains in all the bashers faces so please don't leave us!
Since Dest is now off wall papering his house with $100 bills, would someone care to elaborate a bit on the stress thing? I was poking around in Natenberg and don't see this mentioned and the Google wasn't my friend. From his example, I get that you are constructing an equivalent of your desired position at the current spot price. From his description of all the things you ignore, is it correct to say this is just a quick approximation to ballpark how your position will do if nothing changes? Feel free to direct me to a source to investigate further...part of me is tempted to start my own thread: "The Atticus Stone" or "Atticus/Dest 101: What he really said" or something and dig back thru all his old threads so more knowledgeable folks can elaborate. From watching over the years, he seems to have been able to merge the theory and practice quite well, so I feel there's tons of good stuff buried in his other threads. Thanks
https://www.elitetrader.com/et/threads/mrna-getting-more-money.347454/#post-5155211 I'm not coming back, guys. I've consolidated my taxable into a single account and the IRA. MRNA was so good that you wouldn't believe it if I told you the figure. I have enough in taxable to ride on an IB's ISDA and that starts in Aug. I'd intended on posting daily vanilla-vol PNL to blow myself and demoralize the trolls and losers, but shitposting here doesn't move the needle. All that is accomplished is regulatory hassles. So this is my sign-off, legit. I'll be by occasionally to answer PMs but I will no longer comment on threads. Be well.