Recent content by RubiconTrading

  1. R

    Spitznagel / Delta question...

    am thinking the disconnect is you are speaking to the evaluation process prior to purchase whereas I'm trying to get an idea of post purchase price movement of different delta's IF the underlying moves in direction of bet made (i.e. down 15% in underlying after OTM puts are bought)
  2. R

    Spitznagel / Delta question...

    well that is pretty friggin cool, thanks guess i just need to track real time prices to see how different deltas respond to moves in the underlying...
  3. R

    Spitznagel / Delta question...

    well i meant IF i owned two 30% OTM Put options, one w/ a Delta of -.05 and the other -.02, and after purchase the underlying dropped by 15% - would there be a material difference in how the two acted or no?
  4. R

    Spitznagel / Delta question...

    I missed that too. So then the real question, since I am not experienced in options, what is the real world difference of a 30% OTM Put option w/ Delta of -.05 (2013) vs -.02 (2022) ??
  5. R

    Spitznagel / Delta question...

    great response. the next line in the book is "in the case of a 40 percent implied volatility" so looked up current stats for put, 30% OTM and got this: IV is consistent w/ Spitz's example, but how come the delta is SO massively different then decade ago (.02 vs .50)???
  6. R

    Spitznagel / Delta question...

    can anyone here possibly help me out with this? In Spitz's first book, Dao of Capital, he gives the following example of risk mitigation: "2-month 0.5 delta puts on the S&P Composite Index (approximately 30 percent out of the money" When I look up option chains in Schwab, options such as the...
  7. R

    Using Level 2 and T&S in day trading

    ill piss on your face tim...
  8. R

    Using Level 2 and T&S in day trading

    you are a drama queen who goes to the bathroom sitting down. wear your skinny jeans, tuck your sack, and worry not about how or what I reply too. your parents probably think they got a daughter...
  9. R

    Using Level 2 and T&S in day trading

    lame avatar but a good reply, thanks...
  10. R

    Using Level 2 and T&S in day trading

    In the PA course, how would you rate the section on trading the open?
  11. R

    Kamala wants a 0.2% transaction tax

    Someone else made a comment, that was part of my rebuttal I do not tailor my responses with the expectation of your approval, tang...
  12. R

    Kamala wants a 0.2% transaction tax

    empty sarcasm isn't a response boomer...blocked
  13. R

    Kamala wants a 0.2% transaction tax

    If you have to ask what a welfare space chimp is, you are one Back to FTT. Under Dems its possible, not probable. More possible than its ever been. If implemented, would be date in the future until enforceable - like Reg NMS...
  14. R

    Kamala wants a 0.2% transaction tax

    That means you are the same side of the welfare space chimps, regardless of your rationale. Which is exactly what I said, am 100% anti-welfare space chimps. PS - Foreign govt's not liking Trump was one of the benefits of him in 2016. White people in the US don't want any more foreigners...
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