Perhaps but if you look at it like this. Look at what is in the book to what he talks about now, his trading has evolved. I quizzed Dest awhile...
Traders of the New Era by Fernando Oliveira chapter 13 ;-)
Lol doesn't the saying go "size matters"
Hey caroy unfortunately on the Aussie market no one is going to play ball on expiry day so if you are not out the afternoon before you are holding...
Forget about using options to scalp stocks on the Aussie market. The spread alone will kill you on a round trip. If you can successfully scalp...
LOL I remember that it was aimed at me "Some of you people amaze me... and not for good reasons lol...." Hope he got back on his meds!
@sigma newwurldmn said: Skew is a complicated trade. It takes a big notional position to make moderate dollars. My experience is that if I profit...
Gees you are good all hale the Dest :-)
Some good advice so far but no one has asked the question have you been profitable trading just the stock or future? The answer to this will be...
Options are just the vehicle to use to trade with. Unless you can predict with some certainty volatility or price movement then you are wasting...
That's not a condor it's a box spread that's why it is close to 1.5 which is the width of the box. Condor example would be buy $0.5 put sell $1...
Can't be the same price otherwise you could buy the 2 and sell the 3.5 for a risk free trade with a 1.5 max profit with no downside.
Depends on the broker but I would think you would need portfolio margin to get the haircut on the syn... But it wouldn't really matter if you are...
Yes that's right so on the stock/future part of the combo you can buy at the bid sell at the offer and then transact your option part of the combo...
Thanks for that. So the something else you use now is that cause it is better at isolating the skew than the pitchforks are?
Hey caroy you might be able to save yourself a few points on the exp straddle plays by going the synthetic route. One less option spread to cross.
Don't short that shit out on the wings :D
Hey Dest I have noticed you haven't mention trading pitchforks in any of your posts for awhile do you still trade these at all?
@caroy I think doing the opposite of what you said with turning condors into flys. The closer you get to expiry the faster those delta's will kick...
What do you do it for??
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