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Kitty is simply exploiting an "information" edge... He would be a fool to do otherwise..

No doubt the move was huge,but i believe you said he had a huge position and lost 50 K.. Too lazy to look,but if the move was 400 points,that's basically a 1 lot.... Not exactly a huge position:)

You dont lose 50k on a huge short position in GME when it goes parabolic..

Not a chance..Thats my sweet spot,and I never get that lucky :)

LOL...He goes from Black Scholes is BS,to Stops or for losers,and now he,s trying to protect his position..He obviously got legged higher,can not take a loss and is looking for garbage protection.. Hes on IGNORE,but it appears from BMK's post hes looking at the 7 strike...down close to 70% from...

Dawn,OP is a Troll...Dont feed him https://www.elitetrader.com/et/threads/i-told-you-bs-was-bs.378976/

Lol..IVE got him on heavy snooze,but saw the title and knew the gibberish was flowing

Thats High Praise considering the OP

Wait..Wut??? The troll who starts threads on Black Scholes is BS and claims all you need for Option pricing is ATR and Elliot Wave is now waking up to "Gamma Slip"?? Straight from the numnuts mouth Rule number 1 of "ET Club".. Dont feed the Trolls

This thread......

Lol..Ild start with a sanity check,and take it from there

Whooaaa.10x ??.In 2022 I spent apx 250k in commissions with really good rates and didn't come close to 10x..But I also didn't have a down day...:)

Dam,I was hoping for some more 14 point Spy rallies with the ATM puts going higher :)

Spy rallied 14 points and the 1 week 527 put rallied as well?? Really?????

Why not use TOS??

At a discount or fair value :)

How much commissions were you generating?? I got gifts :)

So far so good,and for the record,I have NEVER had a faster outgoing wire transfer in my life.. The wire was completed with minutes of hitting send..

Yup,good old Ivan.My old boss,John Mulheren,one of the best and colorful traders,literally tried to kill Ivan for accusing him of participating in his inside info scam.. Left his house in Rumsen with a car full of Uzis and lord knows what else. Fwiw,John was innocent and cleared..

Hes a troll, in a no harm,no foul sort of way..Hes always pretty respectful,but has zero interest in learning...or trading ..