I never hold till expiration. Why You Should Not Ignore Negative Gamma articles explains why.
All trades were straddles held through earnings? Same position sizing for all trades? Would you mind to share the details of NTNX trade (which...
There are a LOT of factors to consider when trading earnings. IV will increase for all stocks, but for some it will increase more than others....
Historically a put write ETF outperformas the relevant index with lower volatility. Of course it will not outperform every year. In strong up...
Track record shows all winners in 500-100% range and no losers. Still believe in fairy tales?
It's all about backtesting. We check what stocks have worked in the previous cycles and what are the current prices and find only the high...
Take a look at this page on his website - http://www.chuckhughesonline.com/options-trading-advisory-service/reward-to-risk-ratio/ This...
Do I have stats? Yes - our 6 years track record. Straddles are among our bread and butter strategies. Change in earnings dates (or...
It's a simple logic: if the fund was profitable, why would she need to do all those tricks of rolling? Rolling is simply a way to hide losses....
Karen story always looked suspicious to me, long before the SEC complaint. The numbers just didn't add up. The only way make 25-30% annually with...
No matter how much you know (or think you know) about the stock or the industry - market reaction to earnings is unpredictable. If you trade any...
Are you comparing a gain from one position to gains in the index?? To do that, it means you had to place your whole account into that single...
Regarding AMBA straddle: AMBA moved 22%. This is a biggest post-earnings move in their history. Of course straddle was a winner - but it was pure...
Well, this is exactly what people tried to warn you against. IV was 92% before earnings and collapsed to 52% after earnings. The stock did not...
Holding straddles through earnings is on average a losing proposition. You might have few occasional winners if the stock moves more than...
Obviously no strategy will work 100% under all market conditions. You might need to reoposition the long puts on a sharp move up, and you might be...
Maybe an example will help. Lets say you want to fully protect a 100k portfolio. SPY at 245. Scenario #1: You buy 4 long term (say Sep2019) 245...
Of course we did a stress test. Both IV explode. But the delta of short term puts becomes almost 1 once they become deep ITM with very little...
Not simulated. Real results. Real trades. Real live portfolio.
Well, I think our results speak for themselves. In case the markets go down, we are fully hedged and can still produce positive results. In case...
Separate names with a comma.