Thanks, Brighton. I'll check that out.
Thanks, panzerman. That clears it up.
It's as if you can't read. I received 2 very helpful tips: 1. average ATM call IV with ATM put IV 2. calculate the IV the way the VIX is...
Don't know about the ATM straddle, but 84% of not breaching 1 StDev down and 84% chance of not breaching 1 StDev up should lead to . . . 68%...
Thanks, longthewings. I just scanned a CBOE white paper on calculating VIX. Nothing too crazy in terms of the math, but plenty of room for...
It's a method for estimating spot price "x" standard deviations from current spot at some future time. Option pricing allows us to infer IV, and...
No, it doesn't help. Please stop responding to my threads with your crap. It's an equation, and I'm simply asking about one variable. It's a...
A while back, panzerman posted the following as a way to estimate future spot price as a function of volatility, deviation, and time: X =...
This is some heady stuff. Kudos to dealmaker for posting a bunch of random StockCharts claptrap.
So you buy the calendar when? Monday? Previous Friday? Then you buy long OTM put or call to pull delta towards zero when the underlying moves...
Ignore him. He has spouted this garbage for years and he still isn't right. Now he has taken an even more extreme position that there is ZERO...
What does "30% invested" mean when you've done nothing but sold puts? Just trying to get a bead on your math.
But intrinsic value cannot go negative.
What does this mean? Can you clarify?
Thanks. Why did you give the example of buying the 110, selling the 111, and delta hedging if you were non-committal on direction? In other...
You have no idea what my focus is, and I'd kindly discourage you from speculating on such. You're all noise and no signal -- we get it, you don't...
I'm new to the concept -- can you clarify something for me? Looking at AAPL, which is priced similarly to your example, if I sell the just OTM...
Well . . . OK? I'm not sure what you're trying to show. I'm still on board with the idea that a back month volatility explosion would possibly...
Looking at your example, I don't know why you would say AAPL is set to break out (presumably meaning break to the upside). Yeah, that's the trend...
Would you agree that verticals, diagonals, and long calendars don't suffer from the same "shit hits the fan" possibility as something like a short...
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