Recent content by cmukesh19

I have a typo in my original post - I meant selling .30 delta (i.e. roughly 70% probability of winning). I mentioned stops in my post - problem is the moment you introduce stops - the probabilities as stated by delta no longer work. For example a .30 delta strike won't be remain OTM 70% of time...

Lately I was working on credit spread strategy and saw many conflicts. The losers are far out-sized, and even with extremely high winning rates, can barely offset losses. * If we sell .70 delta credit spreads. Assuming 100 width spread, and if we could collect 25% of width as credit, and lot...