Recent content by DerivativesG

Hallelujah!

You are really funny, you know that? I have checked and read other threads from you. I often read that you love calling other people trolls. Is it because you like to be a troll yourself? I know who Joe Ross is.

Ok, do that. And here is an old post from you. You are suggesting Joe Ross that one can receive an education in spread trading by simply reading a couple of threads. If you were a real trader, you would know that you can't learn by simply reading few threads. You have to put on many trades...

:D Wow, I feel very special. You actually went through all my posts to dig out more information about me. Yes I posted that. And that same year I was offered a position at a hedge fund. I have traded for them ever since. So what exactly are you asking me? I trade equity options. Oh and in...

LMAO. I don't have to prove anything to you. Don't believe me. You think this strategy of not believing me will make me tell you all the details of my trading strategy? And have a great day.

Well you made me laugh, what can I say? :D

LOL :D Do fill us in. What is your market? Because straddles on the underlying which I chose work if I give it 60-80 days.

No need to insult anyone. Neither you or anyone is born with this knowledge, we all learned as we went along. He might barely know his stuff but he can still learn and educate himself.

If he puts in enough time and effort, he will succeed with this long straddle strategy. Do I need to say more?

LMAO. I trade this everyday and I got my excel sheet here showing my "delta" real time and you are telling me what to do? I have a total experience of 16 years at not ONE single investment bank but also a very famous MM and a hedge fund, I have one guy sitting across me who is one of the...

Not sure what you consider as "cute". As long as you don't chicken out like your did with credit spreads, gap trading and long call, and have balls of steel, it'll work.

You won't find this mechanical statistical system on the internet. Would you spill out the details of your successful trading system on the internet? The answer is no.

You calculate your own HV. You can alternatively use HV from IVolatility.com

You don't delta hedge frequently, you continually adjust your delta hedge real time during the trading day. Good for you. Obviously your one year of "market making" does not make you an expert in all kinds of options market making. Here you can learn from another (options) market maker...

Okay the logic behind that statement is this. One month is too short because long straddles suffer theta decay. So unless you are expecting a huge jump within a month, don't go into that trade. I go for 60-80 days while entering a straddle. Income as how MARKET MAKERS refer to it. I learned...