Recent content by rohann09

Yes if someone has good directional strategy can add more return with open delta. But will have more mtm swings also.

There is slippage sometimes which can cost you few more points of loss than planned, when sudden spikes happen. Many algo can optimize that , they wait for a sec or two compare market price and then execute to minimise slippages. The market is really deep and enough liquidity to get out...

Most days realized vol is lower than implied vol.and people who are long such options make money once in a while when sudden rallies or crash happen. If you have a system defined loss limit for such days overall you will be net positive in long run

So each strike we sell we have preset stop loss levels . If the move is not large enough to hit portfolio stop loss, we sell further straddle, and strangle. For instance, say straddle is 1 percent start of day. If market moves 0.5 percent then you create a new straddle at 100.5, Sometime you...

Also do note we trade on nse and currently it has world's highest volume on weekly options , so liquidity is not an issue. https://m.economictimes.com/markets/stocks/news/nse-largest-derivatives-exchange-for-3rd-year-nifty-bank-most-traded-index-option/articleshow/88994125.cms

In 2020 and 2021 we made 10 and 12 percent unleveraged , in 2022 it's approx 8, so we target mostly 6-10 percent. Like I mentioned say if 100 is the spot , we sell 100 straddle, the next strangle and next and so on until we are getting meaningful premium. We don't like to cluster on one strike...

So in India we get 5x leverage on margin . Say I use a margin of 500k usd, so max loss will be 1-2 percent of margin depending on premium at opening. Now I open the trade when market opens , 9.15 here, I will sell straddle plus strangles .to reduce gamma on one strike. Say now market start...

So we have a highly liquid weekly market .when our portfolio losses touch percent we unwind everything and book losses. We have been doing for last 7 years profitably including covid.we keep mostly intraday position Here is a video of a similar strategy for your reference .

So of the 52 expiry you end up making 2 percent around 60-65 percent time and lose 2 percent other 40 percent ..hard system stop loss at 2 percent

I personally know a trader who does 20 million with a semi automatic setup using a software which can adjust trade based on delta

I meant +20 to +40 , depending on iv regime .

I have been trading short gamma through strangle and straddle on index options on expiry day .I manage the position actively, to avoid gamma losses. I know traders who doing it in large sizes . Annual return -20 to 40 percent with max one day loss of 2-3 percent on any given expiry What has...

I try to be as delta neutral as possible unless I have a strong reason to keep some delta open . Also you need to sell option at multiple strike to avoid having too much gamma around one strike Some things you need to consider even if you are delta neutral a sudden downside move can increase iv...

Hi, I have been selling straddles /strangles on weeklies for couple of years on retail and prop book. Min overnight .idea is to keep delta neutral by adjusting the calls puts.max loss is always preset and you get out at that loss. Most weeks you make money some weeks you get out with...