This looks like it's going to be a good one guys!! Did my homework on this one. Only regret is not sizing bigger but it's really a conviction...
I probably would. I’m finishing up F. Black’s Business Cycles & Equilibrium. He’s quite unimpressed with the idea of monetary policy in general....
Buying into rising IV is usually a winning trade but just keep in mind that theta will still be eroding the position as time passes. If we realize...
Sooner buy than sell. Seems like it has a sizeable Jump pretty consistently, which is a good backstop to buy vol against. Try to disseminate...
We lost on IBM. ISRG was the big winner today. Picked up BLK, which wasn't in my previous post and that was decent as well. Could've held them...
Bought the 103 GPC straddle for 3.6! Easier to press the long vol side since we have an absolute bound to the losses and I size as % of a max...
GPC brought it home for me! If IBM wasn’t a loser that would’ve been a perfect day. I was short AA, CCI, ADS, and NUE. Decent gains on all of...
With you on IBM for the long vol side. Almost pulled the trigger on EBAY as well but it didn’t look quite as good. I grabbed GPC but I was on...
Not a very good day for me either. CMA and ABT were the biggest losers. Still long TXT and a bit of BK so if they run a little I might close in...
He’s pretty active on Quora, sifting through there will yield a few gems. Got a few books and papers. I really enjoyed Red-Blooded Risk
To answer the original question then, I don't think you'll find anyone here holding treasuries and buying deep OTM options. Taleb's strategy...
I don't think you really grasp what Taleb was trying to say, albeit it's been a while since I read his barbell writings so maybe I don't have it...
I only had like 40 mins of time to pull away today and try to go through this huge list of earnings. Running numbers quickly and trying to...
I only sold vol at 212.5 instead of ratio. Was quite busy this morning and just closed it blind just after open. Bought the day’s high or really...
Glad you found some inspiration! We aren’t robots, and managing emotions / mental capital is necessary for consistency, at least for me. It gets...
The paper just says Day 0 is earnings announcement day. Are they just using calendar date? Unfortunately this would obfuscate a more precise...
As Wheezoo said the time value of an option is the benefit the user will receive from realizing the amount of volatility that is implied....
Theta is inverse of gamma is pretty straight forward. If you’re positive theta that means you’re short gamma. If you’re positive more theta that...
You’re selling vol regardless of expiration. Strip away vega changes and path dependency from imperfect hedging and you profit if you realize less...
Yeah, DAL was satisfying! Congrats on the 60 strike, depending when you got out that was nearly perfect. I ended up collecting $0.55 per
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