I have not heard her name mentioned before either, but the way the trades were executed today (on the screens, as opposed to by a broker in the pit) had people asking questions, and her name came up. This is not a customer the pit has seen before.
I wouldn't be surprised considering it is hard to get any decent premium on SPX these days. I don't like the trade if it is a bunch of naked VIX calls, October is a long time away.
+1 And what's her max DD , sharpe , how much she risks per trade , win rate , when she closes for a loss ... etc .... etc .
I think we can all agree selling directional betting premium in a defined trended market will make you money. Selling puts in a bull market. Selling calls in a bear market. But lets put it another way. Maybe she made a lot of money between 2008-present. But if she kept it simple and used all that margin room to just buy the S&P futures, she would have been up way more. Because lets face it, its been a 5 year bull market. Selling puts is profitable. But so was just being long the market. And if you slap leverage to this, then how can you go wrong? The question is how nimble are you in the market when market conditions change. The industry is old and full of smart and experienced people where all strategies have probably been explored already. And since we're talking money, nobody is out to make friends here. Nobody will share their money making secret, and if there is such a sure win strategy, everyone would have adopted it by now. And if everyone adopts a strategy, people will bet on the other end, and eventually the rug will be pulled from under you during the dump cycle.