Recent content by Sampas

“If I go bust, the bank goes bust. Not my problem.” Nice. It seems, that threshold for 'too big to fail' is not that high :D.

Sorry, of course I meant short strangles, not straddles (stupid Inglese, so many similar worlds :D).

When you sell straddle do you sell same deltas from both sides? What if sell call side based on premium received, not delta, so premium would be the same on both sides. Idea is, that you would be more hedged against crashes? Anyone tried it?

This is the same as ask do I have to sell stock who drops and I have loss on in it, or can I keep it as "paper" (unrealized) loss. The same is with rolling options, except you close your loosing position and realize loss, then you "revenge" your loss and open another position further in time...

I tried to be ironical, but whatever...

Theta is not linear number. It is non-existent if you are option seller and hits like truck if you are buyer.

They must use this situation and issue new shares immediately and take real money from paper value. Learn from the best (TSLA).

Absolutely :D:

Sometimes I sell very far out the money options, like 5 delta, but very rarely, usually I wait for some earnings which rise volatility for everyone else, like last ZM 40% move on earnings raised other bubble (sorry, I mean growth) stocks so much that 10-5 delta calls, which strike was 30% out of...

If author would not mind I will ask newbie question too. Those of you who prefer strategies of selling options. When IV is very high how do you decide when selling naked call/put and when selling ratio (1:2) spread with the same delta is better? What are + and - of both strategies? With ratios I...

Hello, may I ask what fees do you pay? I pay 1$ per leg in Interactive Brokers and such tinny spreads would cost me too much to win anything after commissions. Good luck on your trades!