Recent content by bh_prop

DB PHoenix was the author, brings back memories

XIV was a short vol etf. UVXY is a long vol etf that won't go to zero during an event. It will however trend down over time with the occasional large spikes that are fantastic selling opportunities

Huge year-round weather upgrade also!

Be cautious about focusing *too* much on delta. Other Greeks, namely vega and theta, have substantial impact in option pricing

higher margins still linger from covid crash

Only 2 possible explanations imo 1) You thought you placed the order but actually did not (it's happened to all of us) 2) You thought you placed market buy order but place a limit order by mistake Show us a screen shot of the order status, just black out any personal account info

Nobody really answered this. The reason you would not want to exercise your itm call is because you would be forfeiting all remaining extrinsic value of the option. You would make more $$ by selling the call vs exercising it.

You might very well be right about VIX long-term, but margin buying SVXY for the long haul? I can't think of a surer way to lose $$. One volatility "event" and you will find yourself in a completely unrecoverable situation.

Unless it settles between your 2 strikes. You really need to understand the products you trade. SPY options trade until 4:15pm

$0 commissions

Depends, buying a calendar spread is+vega, -theta(+$); in this case if the vega drop exceeds the theta gain the position will lose $. In general terms, if shorting the spread you need the vega drop to happen quickly to offset your theta losses otherwise it will lose

Barrons market timing suspect at best https://www.barrons.com/articles/investor-sentiment-cftc-futures-individual-investor-survey-bearish-bottoming-selloff-51585080098

You hoard it - you own it!

You're really on to something here - I'm sure the market isn't discounting job losses or slowing economy in any matter. Go all in short, what could go wrong

Be sure to pin this one