Not at a conputer,but wouldn't he have to be short ginormous size to acheive 20 percent?? Can't see how he could hold tge position on a 15 percent plus hiccup
Rolling 100 lot at $70K revenue/quarter. $280K at this vol-line. Nothing he's doing is going to have an impact on RegT, but improve PM a bit. His volga is so high that even under PM it's not going to be much of an improvement. Let's say $3MM a quarter in req. 10% drop and he'll need $4.5MM to carry it or compensate with hedge gains lol.
Cool story, Bro. If you're smart (wrong answer) you'll do what I stated and use the short single to make the Dec/Jan calendar revenue neutral. It's still degen but less r*tarded.
I lived through difficult times (aug 2015, feb 2018, dec 2018, feb/march 2020) and never had margin problems. I do manage my account on hourly base in these periods. I know what i am doing because its all backtested with my own software...
What good is monitoring your greeks if we open 15% lower after a halt? Please, stop mentioning your back-tests. Test 2007-2009.