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It was a simple question ... you reckon Sosnoff publishes his trading performance ... so where is it ? Or does this fall into your zero tolerance bucket ?

Different thread ...

"You people" ... classy answer from the Principal of Trading Firm You reckoned Sossnoff discloses his trading performance If so ... where is it disclosed

Listing trades without position size is NOT the same disclosing his trading performance. If you think my statement is "False" as you claim ... feel free to provide any evidence of Sossy's actual trading performance for any period

Whilst I admire Sossy's skills as an entrepreneur / entertainer ... I have a different view ... which might be worth considering before deciding whether TastyTrade is a good source for new retail traders #1 Sosnoff refuses to disclose his trading performance, or any of their so-called 'on-air'...

Sosnoff gives his stuff away free for a reason ... as he frequently says "there ain't anything more expensive than something that is given away free" It's just a little trading entertainment !

There is absolutely nothing original about TastyTrade's material ... most of the ideas they claim to 'discover' are already well know Can you name one concept they have developed that is in fact original ?

What program are you using that doesn't give you reliable data ... can you post an example to illustrate Not quite certain that I understand the problem yet ... the expected dividends are already priced into the options It would be easier ... mechanically and philosophically ... if you traded...

There is a danger of confusing IV and Option Prices, where IV can increase over time, but option prices remain the same. For example; ... with earnings, the expected move for a known binary event is priced in ahead of the event ... the ATM straddle price represents approximately the 1 standard...

Agreed There may be lots of good reasons ( poor data, dividends, liquidity, carry etc ) why IV might be slightly different for put-calls at the same strike, but unlikely to explain why calculates IV difference so large for GLD on TastyTrade platform ...

Sosnoff trying to explain IV skew to his latest newbie trader using the TastyWorks platform ... which somehow calculates significantly different IV's for same strike puts-calls 136 strike call / 14.36% 136 strike put / 11.61%

Andy There's also a discussion on aspects of trading OTM flies on the FTSE in the Siggops Group ... if you search for ... "FTSE Road Trip" ... "Think like a butterfly, trade like a bee" ... etc Cheers James

Strange how they have avoided mentioning any connection to Sosnoff ... as it is his "latest endeavour" to monetise the eyeballs on TastyTrade https://www.tastytrade.com/tt/shows/tasty-extras/episodes/introducing-the-small-exchange-01-02-2019

Yes, primarily embedded in a position as a financing tool Say, you trade ... backspread -1c 90 / +2c 100 You are effectively ... selling -1c 90 / +2c 100 / -1c 110 Fly ... to buy +1c 110 outright

No, they are equivalent strategies providing put/call at same strike

In addition to dissecting the position into embedded smaller flies ... the position can be dissected into a combination of verticals / straddles-strangles / outrights ... which opens up alternative adjustment possibilities

The long future / long OTM put combination is the equivalent to long ITM call The 'intrinsic' is the same for both strategies ... if you don't think this is the case ... pop both strategies into some form of analyser and check.

Andy Why bother with the combo long future / long put option ... when you could just buy the call ( at same strike / expiry as Put ) as equivalent trade Cheers James

Baozi ... might be interesting for you to compare #1 / your 123 Fly ... 275-285-290 against #2 / 121 Fly ... 275-285-290 #3 / 1111 Condor ... 275-280-285-290 What's the difference between the 3 strategies Why would you choose #1 over #2 #3

There is some real benefit in dissecting your positions into embedded flies-verticals-outrights ... particularly if you are intending to 'adjust' the position as Spot/Vol change over time