The IV risk with short strangles

Discussion in 'Options' started by MrAgi1, Sep 24, 2022.

  1. newwurldmn

    newwurldmn

    i think that’s exactly what these guys are doing.
     
    #11     Sep 25, 2022
    MrAgi1 likes this.
  2. taowave

    taowave

    Leverage is the not so silent killer...

    Exploding Vol is the kick in the balls after Gamma bites you in the ass


     
    #12     Sep 25, 2022
    MrAgi1 likes this.
  3. Overnight

    Overnight

    That is a gutsy guarantee by them. Do they wear a Rolex? Can't wait to see them in front of the camera taping their own eulogy.
     
    #13     Sep 25, 2022
    BlueWaterSailor likes this.
  4. Rolex is a dumb, unoriginal, cliche, boring watch....for guys....who are simple and unoriginal and insecure and status-seeking.
    I just bought this Citizen watch on eBay today. I highly doubt, I will ever randomly see this watch on another person's wrist.
    [​IMG]
     
    #14     Sep 25, 2022
  5. Overnight

    Overnight

    You do not understand what I was alluding to. It was a meme regarding James Cordier.
     
    #15     Sep 25, 2022
    MrAgi1 likes this.
  6. newwurldmn

    newwurldmn

    my experience has been that if you lose on gamma, you rarely have any vega left to lose on.

    But when you do, you might as wheel put your head in a plastic bag.
     
    #16     Sep 26, 2022
    MrAgi1 likes this.
  7. taowave

    taowave

    Lol @ putting your head in a plastic bag!!!!!!

    I think I blocked those wonderful moments from ever entering my thought process..That sheet was painful





     
    #17     Sep 26, 2022
  8. I used to calculate the Ansbacher index religiously for about 4 years-it didn't help. Options prices are as predictive as Tarot cards. FYI Do not trade strangles because =Vol will kill you and you will wake up one morning and see a margin call as prices blow through your safe zone. I've seen short OTM puts go from 3 to 35 to 120 to 300 in a week. At 35- it'll bounce back, at 120- thi sis just a blip, at 300 ....close out, sit in a corner and cry!
     
    #18     Oct 3, 2022
    MrAgi1 likes this.
  9. Frompal

    Frompal

    Tarot cards can also forecast future patterns or events. In a tarot reading, the cards reflect our secret dreams, plans, and objectives to help us get to our destination. We use Horoscope 2023 to get my goal
     
    #19     Oct 6, 2022
    Windlesham1 likes this.
  10. I don't make predictions and I never will
     
    #20     Oct 9, 2022
    fullautotrading likes this.