Option charm is delta decay. I haven't heard this term in years. I was a former option market maker on an exchange.
Thanks, how does option charm help one to make money selling OOM puts? (I didn't find any explanation for how this might work from googling it.)
How much snow did you get thoreau? Holy cow over 2 feet in my neck of the woods. I woke up in NYC to a huge swelling in my knee it's an infected burrsac & I'm going to have a real bad night monitoring for septic or something. If the grapefruit starts moving up my leg I'm supposed to go immediately to a hospital. I'm real scared of merc infections at the hospital. I have White Coat Syndrome,none of this is good. I was hoping to get up to Ct Fri now it looks like late Sat. In the words of the great band THE EELS. I LIKE BIRDS!~stoney
"Limiting systemic risk is a key ingredient to successful trading." You need to tell Victor that. "Victor tests everything, and I mean everything." He may do, but he does it without a modicum of methodology. The fact that he keeps selling naked puts actually demonstrates this. The resulting blowups provide further evidence. "If you speak in high school "locker room" dialogue again, I will do something that you will regret." Such as? "I do intend to help you and others, even though you insulted me many times over without provocation." I have had plenty of provocation, you condescending sonofabitch. What, your help is going to consist of how to sell option premium profitably? You should advise Victor on that first. As Taleb says in his book, "...which i call the skewness issue, it does not matter how frequently something succeeds if failure is too costly to bear" We need your help as much as we need a bullet in the head.
Visaria, You are a detritivore of the human species. Clearly, you are a nobody who simply wishes to engage the ranks of those you could never touch or emulate. I highly doubt if you were an options market maker anywhere in your past as you claim. For instance, the CBOE, CBOT, and CME require a $1750 application fee alone for membership. Your kind has not seen that amount of money in even a yearly salary. I can see you now, with your $200.00 trading account, logging onto your E Trade site, buying your last shares of Netflix, hoping your trading will at permit you to purchase a cup of coffee and maybe a loaf of bread for your hungry family. I am starting to take your insults personally. I do not believe that I have ever been tested by a person (beast) such as yourself since my days in sports tournaments. And kindergarten spats.
And who are you , Victor ? Blowing up other's people money , taking crazy risks with other's people cashingo, takes a lot of cojones, you known... Defending yourself on some piker's forum ..LOL , under an alias , man up , buddy...