I think this approach only can be viable if the distribution of (future) expected trade outcomes is skewed to having a low probablity very high payoff, and high probability small losses. Mathematically - and perhaps logically - this would make sense
Suppose you are a directional trader who wants to be longer term invested, in my view one can use the longer expiration and convert the postion somewhat when you want to 'take tempory profits', or expect slower momentum* after a relatively large move. Or use t/g for creating spreads/calenders...
I still very vividly remember those few days in 2020 when VIX was hovering around 75-80 thinking this is a once in a 5/10 year opportunity staring you baldly in the face zwaen! (But did not act on it enough)
You should change your username to the most common day in index, instead of the one in ten years occurrences. Sounds simple, but works
Welcome grinding-up-day
And what a rocket it is…. had around 10 calls but sold at 196 :D:banghead: (happy with the profit!)
meanwhile, I thought the ZI was going up more, but it seems to make a pause
Suppose you are a directional trader who wants to be longer term invested, in my view one can use the longer expiration and convert the postion somewhat when you want to 'take tempory profits', or expect slower momentum* after a relatively large move. Or use t/g for creating spreads/calenders...
Am I the only one who thinks he's just not entitled to have an opinion about this? I don't have the background, the experience, the history, nor have acces to all available information to form an unbiased opinion.
It seems like nowadays most people read 3 random articles about a subject and...
Does a local install of Linux also do the trick, or are there backdoors? Something like dualboot, win and Linux. (I installed it once 10-15 years ago so it can be very outdated ) :D
I think/ thought this one is going to break out for a minimum test to around let’s say 330 somewhere next week. So a little squeeze up to get the shorts out who went for a trendline test.
Established a new long position Wednesday.Ofcourse immediately the day after down, but yesterday’s strong...
Nice story. In late 2017 I worked at a major bank and literally everyone was talking and investing in crypto. This was at the data department, so it wasn’t representative for everyone but the ‘data nerds’. Still, Jan 2018 was a major top back then
2% seems like a good number, I once tested for optimal buy write percentage which - for spy - was around 1.5% above closing price (weekly calls). Better to adjust the percentage based on expectations/drawdown market, but ofcourse difficult to achieve
No it was sarcastic, I would now rather expect slowing down more upwards/sideways for the next days
But I must learn not to trust too much on my expections (my personal biased randomness)