Long-scalping equity options against time decay and market drift

Discussion in 'Journals' started by fullautotrading, Jan 31, 2022.

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  1. > And each one of those "legs" is 50 options?

    You are misunderstanding the meaning of the label. The 50 you refer to is the instrument multiplier. You could not possibly be short of that many options, obviously, I am not Warren Buffet, LOL

    Example:
    ES FOP 20231117 4200 P CME 50 E-mini S&P 500 [EW3X3 P4200, 593587272, mult: 50]

    (I always append the instrument multiplier in my labels, unless it is 1)


    > So the strategy is basically to collect premium

    No, the main idea is not to collect the premium. I have explained it many times. The idea is a continuous balance of long/short by modulating the position to collect those "scalps". Then there are additional sources contributing to the overall edge and causing that PNL slope of 570 days, as I have already explained many times. :)

    How you roll is quite arbitrary, simplistically said, the main purpose of the "rollover" (or more precisely "information transfer") is "stop-loss-order recovery" and transfer of the trading information, so that it can be used strategically for the next orders. Clearly, always with an eye to the global payoff scenario.
     
    Last edited: Aug 25, 2023
    #571     Aug 25, 2023
  2. Overnight

    Overnight

    Well, without going through 58 pages to find that, what else are you trading again? I assume it must be much more than the CME else you would not need a portfolio margin account.
     
    #572     Aug 25, 2023
  3. destriero

    destriero


    I replaced one post. You've deleted two on this page alone. Same number of posts for me.
     
    #573     Aug 25, 2023
  4. Please do not put all that empty blank space in your posts, it is very annoying.
    Why do you do that?

    Also, I have removed nothing. Why should I remove anything?
    Here you are the hysterical retard until proven otherwise :)
     
    #574     Aug 25, 2023
  5. destriero

    destriero


    It's sim, bro. Their sim-accounts default to PM. He doesn't need a PM-account to benefit from SPAN-treatment.
     
    #575     Aug 25, 2023
  6. My friends can trade anything they like. I just provide the technology, for free :) One just wishes to keep away thousands of mosquitos :) LOL
     
    #576     Aug 25, 2023
  7. destriero

    destriero


    You deleted the post in which you added your reply inside my quote and replaced it with post 569. Is there nothing you won't lie about?

















































































    The "Tommaso Gastaldi fraud" removed a wall of test from his scam-site. Must be concerned about regulators.

    https://www.datatime.eu/public/gbot/
     
    #577     Aug 25, 2023
  8. Overnight

    Overnight

    Well that's not totally true if a portfolio account is required. To need a PM account means that one cannot trade JUST instruments under SPAN, as dest mentioned.
     
    #578     Aug 25, 2023
  9. destriero

    destriero


    Dude, he thinks he needs PM to receive margin treatment on ES. He doesn't realize that PM doesn't apply to ES.
     
    #579     Aug 25, 2023
  10. It's good to finally find something that you realize and I don't LOL :)

    As said, my friends can trade anything they like. Even in this illustration, we used SPX, as shown in the tickers.

    I have obvious requirements to keep mosquitos away :) Otherwise, I am literally flooded by penniless plagiarizers or retards like you :)

    (I can only focus on relatively few selected "good friends" ($$$), I cannot and do not want to be after thousands of people. Also because my real final purpose is not that.)
     
    Last edited: Aug 25, 2023
    #580     Aug 25, 2023
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