I think you're confusing brokers and market makers with exchanges.
Deribit is not a bucket shop. They're an exchange. Market makers will blow up but exchanges just fade into the void when volumes are not there
Things are a little more complicated than you think.
1. <20/month: You're self employed. No health insurance no retirement provisions, when you're ill you can't work and don't make anything. On top of that you trade financial instruments, which is one of the most competitive environments out...
Sorry...didn't think you were THAT (manic caps lock) stupid. So you were SERIOUS (manic caps lock) about this?
Not only are you short gamma and short vega. By diversifying short straddles (wtf) you're also short correlation meaning that when everything comes down and correlation shoots up to 1...
Are you guys still not done circle jerking over this trolls shitpost??
Selling naked gamma has never been like printing money. It's a bet against realized vol. If underlying moves less than IV you win. If it moves more you lose...and sometimes it moves a lot more and then you're broke.
And by...
You need a larger account (or portfolio margin) to get the ratios right, yes.
But honestly, if you just want to hedge out the overall market, you can just setup a long/short (e.g. SPY short/long DIS) portfolio.
I fully agree with you on this one, however, I would expand this to the factors that influence the markets as well. Statistics that cover just the ES would be to one dimensional for me.
Sure. As you might know, the market can be devided into three subcategories:
1. Liquidity Provider/Market...