Poor Man's Covered Call vs traditional long stock portfolio

Nevermind I got it!, microstructure

 

I said interesting..Havent run the backtest

 

lol no, sle is actually successful.

 

It allows you to overwrite. There is zero advantage in shorting the natural.

 

I thought you were the "Natural"

 

True and true.

 

In all ways the synth is better. Microstructure (no ITM), OWs, reduce/increase size on equity signals. Ability to alter the position w/o taking short-term gain treatment. Shares take a shit and you close a portion of the underlying in 2021 against a 2022 vol-position.

 

Mark went from 28.44 to 26.97.

 

why 20 delta?

 

It's arbitrary. I was using that as a standard for which to base the 40D net on the 3x1.