I had hundreds of coins at under $200 BTCUSD. I sold one third at 18,xxx; another third at 29,xxx and the remainder at 36,xxx.
Dude, an equity analogy. I bought AMZN under $200/share and sold it at $36,000/share.
The screenshot shows a buy of >110 bitcoin at $325 BTCUSD. Those 110 coins are currently valued at $16MM.
I was an (somewhat) early adopter and my DCA is under $200 BTCUSD. I had to sell $1.8MM in 2019 to cover 2018 cap gains. FU cbase. One of the worst trading decisions I've ever made.
I was up 2.3% at the close, but at 2:59 Citadel jacked the marks on AMZN bc they are long wing vol. Ended the day up 1.6, but marks will reset at the open.
You want to limit the discussion to CC to prove a point that there is adequate empirical data from BW-funds. I get that you're more interested in proving a point than making money.
I have no problem posting a real-time model portfolio (real, confirmed trades) of SPY overwrites against the SPY...
bc we've been in a runaway bull mkt. I can name ppl with huge buy-write portfolios that know how to pick stocks and time vol and have dramatically outperformed the return of the SPX over the last 20Y.
"Any variations of it" I don't think so.
You know that I trade a ton of diagonals but he's long vol when he's looking to short vol. He's better off trading a long cs(short ps), ATM short wing.
This makes more sense. A true vert so you're not needlessly adding vega. Skew is meaningless as the deep is an 85D.
OPs trade has better...