That's true, in BS terms, but expirationless does not necessarily mean exerciseless. An exerciseable, yet expirationless, put would be worth...
Now that I think about it more, I have to agree. It all comes down to this: Why would sellers take on infinite risk, both in time and in price?...
You mean his book BEAT THE MARKET?
The exact same conundrum faced with those who are long-term investors in American stocks. Simply replace volatility with earnings.
Over the past year there WERE spikes in vol in which one could have sold vol bought earlier and cheaper. When VIX gets to 10, I look to buy (and...
No, you aren't missing much, if anything (you don't miss much around here :-)) . For the most part, yes. The author uses SPX options and hedges...
I know how to construct synthetic straddles and other combinations and do so often, usually with index futures/options. I just didn't find the...
I read the article about the "Asian straddle" in Futures (which I get for free), and I don't know about the Asian straddles available in NJ, but...
The IV is not high, but deep OTM puts trade at a much higher IV than do ATM puts (negative skew). Optionetics has a table of IV for ES futures...
OTM index puts are "expensive" in that they have higher IV; OTM index calls are "cheap" in that they have a lower IV. I sometimes sell puts if I...
In an interview MA said that SOME of his accounts are hedged (credit spreads, iron butterflies).
Markets in general may not be predictable in that X market will be trading at X level within X amount of time. But does that mean that the...
Putting calendars on both sides (calls and puts) is simply doubling up.
A few months ago I interpreted a comment you made on another board as indicating that you lost a great deal of money trading, and were therefore...
I would imagine that if one sold premium indiscriminately and hedged continuously so the positions would remain delta neutral, the THEORETICAL...
Were these spreads legged into, or put on all at once?
This is not entirely correct. At IB one can write cash-secured puts in an IRA. I do it often.
There are so many, you can't slam just one. I consider these HIGHLY OVERRATED: 1. Daytrading into the Millenium, by Michael Turner. $60...
Positive theta, yes, but if the market continues to rally next week, that won't mean much. Btw, long Dec 1170p (ES); short Nov 1170p, from...
They do not necessarily have to be scalp trades, and one does not necessarily have to be an institutional investor to make them. But it sure helps!
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