Of course you're a betting man we all are that's why we're traders! I did understand what you said. But in your post you imply that the SPX/VIX...
Thanks Maverick, but I already signed up for the InvestTools seminar, starts tomorrow, best $12,000 I will spend : ) Seriously though, I respect...
And ins co also re-insure their risk by buying insurance on their own policies that they issued...typically at Lloyd's. Which is basically a hedge...
Huh? Why would you use % change in Vix? Vix is already a % (being IV). I thought you had a volatility "model". If it's any good it should very...
Isotope, can you share more about what you look for in the relationship. I mean obviously there is backwardation/contango in the vix futures...
Mav, cmon man your smarter than this. Of course the model itself does not predict price, its just a mathematical construct that describes a...
I think Smart Beta is BS. It's a transparent strategy so why pay extra fee for them to do it when you can just replicate it. Btw you don't have to...
I think the problem is you're looking at positions as static and not active. I.e you enter and then exit at expiration or some profit/loss amount....
Because (unlike Maverick's model ; ) mine is not 100% accurate. It's % based so I know at certain volatility what is likelyhood of vol going down...
My entry and exit criteria are also based on a volatility model. So are we then trading with the same edge? Why do you assume I'm blindly selling...
Huh? My one off story was an example of when this strategy can be risky not when it's successful....point was to show OP that it looks like a good...
Ah but my friend I DO know what 2 and 20 is. VN being rich absolutely does matter. Who on ET is trading to prove to the world they are the best...
Consistently doesn't mean 100% of the time. But to generate meaningful returns if they key to them is being correct, you have to be correct much...
Ok let me get this straight: 1) Standard oil's edge was he "bought up all the railroads". How is that elusive? Pretty obvious oil is not going to...
Yes risk management alone is not an edge. But it certainly can be part of an edge specifically: 1) position sizing at entry to balance risk vs...
Sure it's a good strategy, but don't underestimate the risk!! About 10 years ago when I first started trading volatility that was one of the...
Maverick, you are truly an asset to ET and your patience taking time to answer questions and educate the newbies is awesome and very appreciated....
Simple is usually the best. I hate to roll, only if I have to. This year only had to in January (watch me say that and the market tanks next week...
I am talking about real numbers. I don't use excel with random number generator because that has never been a good model of the market. I'd much...
True, except I never sell straddles. I do of course end up with straddle positions but leg in puts and calls individually. I completely agree with...
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