How many options strategies should you realistically master?

Discussion in 'Options' started by turkeyneck, Apr 26, 2023.

  1. taowave

    taowave

    Since when is selling puts not directional gambling???

    and how big are you going to get??

    Define "hedging",and every trade is directional gambling,with the exception of one off Arbs





     
    #61     May 13, 2023
    Flynrider likes this.
  2. mervyn

    mervyn

    when you don’t own existing assets or long stocks, any trades you entered is directional bets. if you are lucky, you make money to build upon.
     
    #62     May 13, 2023
  3. taowave

    taowave

    Yes,and directional can mean many things.Every trade,with the exception of one off Arbs are "directional",be it pure Delta,vol,skew etc...

    You are in the wrong business if you think success is pure luck...


     
    #63     May 13, 2023
    newwurldmn likes this.
  4. ‘Those are both the same strategy (iow non-leveraged long delta with a theta&Vega hedge).
     
    #64     May 13, 2023
    taowave likes this.