Re: How to trade Vomma

Discussion in 'Options' started by jesse0101, Apr 11, 2020.

  1. jesse0101

    jesse0101

    Just wonder how to profit from trading vomma? thanks
     
  2. ZBZB

    ZBZB

    TooEffingOld likes this.
  3. MKTrader

    MKTrader

    Know anything about them? They have some interesting material and make some pretty incredible (outrageous?) claims about their results...
     
  4. gaussian

    gaussian

    Yeah one of their plans claims a 99% profitability rate.
     
    jys78 likes this.
  5. tell us more about your trading. 99% of traders on this forum do not need to know about higher order greeks
     
  6. taowave

    taowave

    Ild fully agree with you if 50 percent of the 99 percent had a clue to the relationships of 1 st order Greeks...


     
  7. MKTrader

    MKTrader

    Yeah, I'll take them seriously when they start posting live trades on sites with 3rd-party auditing...or a CTA uses their approach and builds a track record on somewhere like Autumngold.com. Hypothetical results + claims of hedge fund managers doing great with their software doesn't cut it.
     
  8. ironchef

    ironchef

    As an amateur retail, whether buy or write, I only look at two numbers: The cost of setting up the trade (single leg cost of call/put), and the underlying at the end of the period.

    I am unsuccessful trading combinations like spread, fly, calendar, condor ... they require more complex reasonings which I have not mastered.
     
  9. ironchef

    ironchef

    Why you want to do that?
     
  10. David Jaffee says to ignore the Greeks and I agree with him.
     
    #10     Apr 12, 2020