I appreciate your encouragement. We don't all progress at the same speed. And there are a lot I don't know or don't understand. Don't get me wrong, I am good at trading directional but anything else is a struggle.
Yes, found all his aliases. Despite spending a lot of time on his journals, I think I only gained more insight lately when the subject was revisited few times in the last two years or so. I think I now have a decent understanding of one of the setups and will start a new thread on it tomorrow. Good night for now!
No. That is not the way 231 or 132 are traded by @destriero. What you are showing is directional and it is not bimodal as traded by @destriero
@Corto Do you have a link to your favorite thread that you came across regarding butterfly discussion by Destriero/ atticus/ riskarb ?
Can't say I have a favorite. Information is sprinkled all over. Here are the ones I have bookmarked. The last two are about calendars. https://www.elitetrader.com/et/threads/the-butterfly-megathread.325933/page-5 https://www.elitetrader.com/et/threads/pricing-butterfly-spreads.323503/ https://www.elitetrader.com/et/threads/profitable-options-traders-long-term.324460/page-3 https://www.elitetrader.com/et/threads/desterio-atticus-vol-journals.322139/page-8 https://www.elitetrader.com/et/threads/butterfly-option-trades.298445/ https://www.elitetrader.com/et/thre...me-vola-journal-riskarb-atticus-et-al.319977/ https://www.elitetrader.com/et/threads/atticus-single-name-delta-book.253092/ https://www.elitetrader.com/et/threads/trading-calendars.321249/ https://www.elitetrader.com/et/threads/calendars-how-to-not-lose-when-you-are-too-right.308886/