How to short the S&P using options? Day & swing puts

Discussion in 'Options' started by KCalhoun, Sep 11, 2021.

  1. ondafringe

    ondafringe

    Exactly!! Only he claims options will give a better return, percent-wise, than futures, yet he also says he knows nothing about futures.

    From what I can tell, if the day trade margin requirements for ES are in the 400/500 dollar range, I don't think it's possible. However, if your broker requires 25% of initial, then maybe.
     
    #191     Sep 14, 2021
  2. destriero

    destriero

    High frequency trading of vol is not a thing on the buy-side. Sure, you can get an RMM and write a bot to babysit a bunch of SN and try your luck. You won't make any money.

    Yes, vol = leverage, but the spreads and microstructure is why it simply won't work. This has nothing to do with cynicism. Yes, SPX guy is a joke/fraud whatever. I've been in this business more than a week and it's obv to anyone but the rank vol-noob.

    Not to say you can't be profitable, but futures would dramatically outperform.
     
    #192     Sep 14, 2021
    BlueWaterSailor and KCalhoun like this.
  3. taowave

    taowave

    Until he tells us what sort of leverage hes taking via the ATM options,I call bullshit...
    The theory of ITM being "too expensive" is absurd..
     
    #193     Sep 14, 2021
    BlueWaterSailor likes this.
  4. What if I told you...I do what you do in a month, in a day. Would you think I'm full of stuff, a weirdo, psycho, a lier, or genius, a fantasy or something else. Think what you want. Let that sizzle in your head. I won't justify you with a reply to that.
     
    #194     Sep 14, 2021
  5. destriero

    destriero

    Dude, you're broke AF and you don't know a call from a put.
     
    #195     Sep 14, 2021
    luckyfnlou likes this.
  6. KCalhoun

    KCalhoun

    Quad witching fri = vol spike coming

    Good luck with it and thx again dest re bear nudge Saturday before last, you nailed it and I'm finally making progress daytrading UVXY like I used to with TVIX. But more size up to 1k+ shares on VIX spikes. :D
     
    #196     Sep 14, 2021
    destriero likes this.
  7. Overnight

    Overnight

    Will you please forget the stupid quad-witching? Dude, it's the Fed speak that will set the tone. Sep 22nd.

    I believe that is also the first day of Autumn. So there!
     
    #197     Sep 14, 2021
    KCalhoun likes this.
  8. :rolleyes:

    I see your desperate, frantic wish for someone to listen to you, but - nope, not interested. Since you've already explained your route to suckcess, I'll leave you to enjoy the full flavor of it. Have a nice day!
     
    Last edited: Sep 14, 2021
    #198     Sep 14, 2021
    ChipShotTrader and taowave like this.
  9. KCalhoun

    KCalhoun

    It's more sellers than buyers, or vice versa that sets the tone.... : o

    (insert video clip from 48 hours saying sell it all, Mortimer...... or caddyshack be the ball.... or risky business say what the fk lol).

    Gotta love making $ off volatility
     
    Last edited: Sep 14, 2021
    #199     Sep 14, 2021
  10. SUCKCESS

    I am so copying that, and using it!!!

    @SPX Options Trader said:
    "What if I told you...I do what you do in a month, in a day. Would you think I'm full of stuff, a weirdo, psycho, a lier, or genius, a fantasy or something else. Think what you want. Let that sizzle in your head. I won't justify you with a reply to that."

    @destriero This dude has earned it: to go "SaltyNuts" way...
     
    #200     Sep 14, 2021
    BlueWaterSailor likes this.