Recent content by the learner

Hello, I didn't have time to do much trading in the past few months but was interested to know if anyone is trading the strategies discussed in the article I linked earlier. Given the higher volatility we have seen recently, it would be great to learn from the experience you had trading these...

This book is very practical, covering theory and practical examples of how to manage the strategies in trouble. Available here on Amazon.

Thank you, yes that's what they are suggesting here. But to calculate these butterflies with extremely small strike distance we should interpolate and I am not sure about 2 things: what interpolation to use (not sure it really makes a difference on such small grid) and, more importantly, how...

Hi, I have read the article below and trying to replicate the calculation of the implied distribution. Any suggestion about the interpolation and how to derive all the prices we need? The original article at https://tradingmatex.com/volatility-smiles-and-implied-distributions/

Hi guys, thanks for all the suggestions. It looks like none of these offers the ability to simulate an adjustment. For example, say I move vol and underlying to simulate an adverse move for my strategy and I want to simulate which adjustment to make to the strategy under the new simulated market...

Hi, do you know if there is any free software/website that offers scenario analysis for options? I am looking for something to help me understand how much my strategy would likely be worth under given scenarios for underlying and volatilities and also be able to see how adjustments to the...

Hi, sorry why you say that the strategy reduces theta losses at the expense of delta gains? Tha article actually shows the comparison between the strategy and a simple PUT ITM. They both have delta 80 (see the first strategy comparison here https://tradingmatex.com/options-as-stock-replacement/)

This article shows also a comparison with micro futures https://tradingmatex.com/leveraged-etfs/

Well I guess that assuming the move will realize over a longer period of time will add complications given delta will decay as well. So I was thinking a situation like this: each day I know my basic greeks and I want to be notified when the underlying reaches a point where my delta hits a given...

Thanks, that's a good suggestion. But what if I don't have access to the chain? I only know that my option is now delta 0.5 and want to put an alert when the market moves X points cause I expect that my new delta would be approx 0.6 at that point.

Hi, suppose that current delta is 0.5 and that I want to know how much should the underlying move approximately in order for the delta to move to 0.6. I know this will depend on many variables, including implied volatility, but is there a quick rule of thumb I can use to get this info based on...

Thank you, @jamesbp it is useful to see the strategy as core + financing. Btw, I have found interesting the strategy of the article because I have always found very frustrating when market doesn't move and you see your position losing money because of the time value. Having positive gamma and...