Search results

Curious, what’s the best R:R for a fly?

3:7 OTM 4:6, 5:5 ATM depends on many a factor, but that’s what I’m eyeing. ratio’s are illusory. Manage the fly at a predetermined profit/stop in relation to a percentage of the total terminal P/L.

very rare forever

@Matt_ORATS is wicked smart

#UGLY

@caroy is a smart man, take notes my friends.

The water is too wet lmaoooo

sell a put, puss - sigma

I’m in the ABNB 135/145/150 BWB, up big today! Good luck Caroy

godamnnit ex, I wish you’d rather of said “1 1/2 years later, and I finally grossed a Millie in trading profits via envelopes, waves, and cyclicality.

Personally I choose strikes via voluminousity and liquidity. rarely do I trade ITM strikes, usually always OTM (unless I’m opening a ATM natural fly). If you have a systematic system (non discretionary) why is this a question? Doesn’t your system trade the strikes that the system deems worthy...

sounds all very cool and I’m interested in stuff like this. but at the same time, with already a myriad of metrics, data, numbers, etc of market stuff, I’m wondering if all this shit is just noise and it’s better to keep it extremely simplex. once you start looking for dark pool flows I’d say...

Wow I’m impressed by Tradytics simplicity yet clean app on iOS, very nice

its possible you don’t even need any of those aforementioned entities (spotgamma, quantdata, and Tradytics) at all. never heard of quantdata and tradytics, downloading TT now

im interested in hearing more of this post? What’s this test that took 3-4 years about?

Sell in May and go away.. The same reason why many a more cyclical aspects are forever unfolding within the markets. you might want to get your hands on the infamous Stock Traders Almanac, they have many studies (especially cyclically of seasons) in their publishing’s, very interesting stuff.

What does open interest signify for you? Open interest doesn’t make much sense to me in highly liquid underlyings. But in less liquid UI’s where let’s say the $100 strike has 50,000 open contracts and the $90 strike has 3k, then that peaks my interest. As far as it’s use, I just gauge where...

youre giving this advice to a guy who’s had 11 of the last 12 years in the green.

the virtuous man has spoken I wish I could lose on two flies and retire lol

if you posted this 11 years ago it would have more merit lol