This site helped me

there is. But it may not be enough to cover your cost of capital.

 

Other than IV typically priced above HV,not sure I see the edge,and if the edge exists it's really in one's ability to delta hedge better than most

 

i knew a guy who made 18 billion only selling options - he taught me that buying options is for fools.

it's logical if you think about it

 

Over what time frame..

 

I think that is the edge: The volatility risk premium.

On a philosophical note, With the financialization of our economy, so much of everyone’s earnings is the monetization of risk premium.

 

it is a joke

 

Most options decay without assignment so I guess there is, depending on how many ATR's out you go.

 

Wait, so you are saying the trader didn't make 1 bil selling cheap vol?

 

%%
LOL most likeley more like 80-20%
BUT even when 80% business fail/ for those cut out not wanting to wok for some one else,;
odds dont matter much.............................................

 

Yes there is lol... buying you have premium and time decay working against you.