What do you do if the stock drops once you open your long stock plus long LEAPs plus short near month calls position? Then you lose more on the...
I agree. db
Use the following formula for all your synthetic calculations: long underlying + long put = long call You can rearrange this to: long put =...
atm short straddle is short gamma, short vega, long theta. In layman's terms the short straddle benefits from the passage of time, a fall in...
1. we're all bad at cutting losses - it's our nature as humans. But it's critical, if you want to be successful over the long term. 2. turn calls...
First, short strangles/straddles make money if underlying stays in range (but you know this already). Second, short strangles/straddles start to...
Lol, I can't wait :) ! db
I must be getting sick, I'm already beginning to miss derivman's eloquent off topic nonsense :( . derivman where are you? Please come back to...
What exactly do you mean? And why do you keep posting google search results every time you join a thread? db
Ah what the heck. This is a waste of time. "Aye" from me too. db
Thanks for the reply derivman. So when will you answer my question? db
[B] Good to see that you're now willing to post some answers to questions. So let's start with your answer to the 'number one skill a new...
I say 'naye' because we'd lose aah's most excellent post below, so far the best bit in this topic: db
All Taleb is getting at is that a lot of what we perceive as 'skill' may, more often than not, be really just luck. But it's hard to prove one way...
Well I'm watching some of my IC's, may need to roll some short puts since they're getting to my delta triggers :). Cheers db
Thanks opt789, I appreciate the time you took and your feedback and the formula. Cheers db
Nicely put AAH/DJM :). db
Looks like it's just me and you now derivman - we can have ourselves a nice little dialogue here :D. I would guess the number one skill is to...
opt789 Don't be sorry, we're all here to learn. Appreciate your feedback. Now, what practical method would you thus recommend, to a retail...
My dearest derivman, you seem like a nice chap but you must learn not to keep responding to posts that aren't directed toward you. Be a good boy...
Separate names with a comma.