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  1. Z

    Anatomy of a fun 2-day trade (AMC +$60k)

    Yes...but...but.. YNTO! ( You Never Trade Once) although i must say YOLO sounds beter.
  2. Z

    My approach to selling puts.

    I backtested this idea some time ago. Basically the difference between moving the long leg with the downside when price decreases, or let it stick. Moving the long leg down yielded - as expected - better returns, but the drawdown was relatively higher. So, from a (r/worst drawdown)-perspective...
  3. Z

    Cool option plays

    Fwiw, when i tested my option strategy (suitable more for long term investing) i tested both the march 2020 crash and the 2000 'crash' because the former had a high volatility spike and the latter not. This can have different effects on different legs. Maybe something to consider when testing...
  4. Z

    WSB has Degenerated into a huge PnD Forum. RIP.

    Some guys from reddit go to elitetrader to read about people working hard for returns over 10 years which they amass in 6-9 months. They read it for the giggles. No jokes aside, I think a lot of the 'lucky' birds will be parted quickly from most of their gains. If it isn't for the market taking...
  5. Z

    What do yall think about calendar or diagonal Spreads on Meme Stocks?

    I totally don't mind waiting longer for intelligent people ;) Understand your point about the distance. I don't understand what you mean with hedging the 6 month vol with the 2 week vol. The way i see it the iv on the short term is that relatively much more than iv on long term, such that...
  6. Z

    What do yall think about calendar or diagonal Spreads on Meme Stocks?

    Update: the 18/6 C 22 expired worthless, the 17/12 is worth 2.10. The result is a loss of 1.15. Larger vega for the far-dated had a greater impact and in the last 2 days the premium decay on the weekly was so low that it couldn't compare with the decrease in premium on the far-dated. I did not...
  7. Z

    Survey shows people no longer believe working hard will lead to a better life

    Obviously, you don't have kids, or hobby's ;p Innovation/robotics/AI should be used to free people from wasting time to activities which can be done much more efficient. Luckely excavators were invented, or we would still be digging holes all day long.
  8. Z

    What do yall think about calendar or diagonal Spreads on Meme Stocks?

    Why would you be in for less than 2?
  9. Z

    What do yall think about calendar or diagonal Spreads on Meme Stocks?

    Vol was indeed hit hard, good thinking. I’m experimenting with a variation of my normal ‘bread and butter’. For CLOV I bought the 17/12 C 20, sold the 18/6 C 22 for a debit of 3.25 ( 7.80 – 4.55). The plan is to sell short dated C around strike 20-22 till the debit is reduced to near zero. At...
  10. Z

    What do yall think about calendar or diagonal Spreads on Meme Stocks?

    Hi taowave, wouldn't your risk be less then .82? If AMC would crush and the puts go itm before 2/7, you could always sell another put 19/7 on 2/7 with strike 19 and collect some extra premium.
  11. Z

    Could it be this easy?

    OP probably feels uncomfortable taking responsibility for his own actions. When you want others to tell you what to do, there is always someone else to blame, and conviction in one owns intellect will never be challenched. It feels safe. In essence, he's running away from the one thing that...
  12. Z

    I'm new to the site. Who are the "real deal" handles here?

    You can read all you want about others till your eyes are red and glazy, but it will never substitute own research. Others can teach you 'certain methods', but you also have to research it by yourself. Otherwise you will never have the conviction to trade with size*, or you will bail when you...
  13. Z

    How to know whether I am overfitting?

    You can test all you want, and offcourse rigorous testing is a good thing to do. But there will always be a time when you have to test the water. What helped me in the past was just setting aside a small sum to test the water. I said goodbye to the money asuming my strategy would immediately...
  14. Z

    POLL: Big crash coming this week?

    Regarding the inflation trade, looking at the long term chart for TNX I see this. I am not really a trendline/chart guy, but a reversion at some point seems possible.
  15. Z

    Do you trade for an income or for a compound effect?

    Objectives change over time. Compounding is absolute key, you don't want to eat your 'children'. I personally always thought it is best to focus first on compounding, and when compounding results in larger amounts one can use for example 10% of yearly profits for 'fun'. Or, when having a job...
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