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Yes, mechanically sell options, particularly when Vol is high ... despite this being the point when greatest losses incurred

FTSE Options expire 3rd Friday of the month at 10.15am Option contract has nominal value of approx £70,000+ ($100,000) Open Interest 2.2 million contracts, typically trades 30-50,000 contracts per day Usually fairly liquid, tight spreads ...

... and expose Sossy's trading performance to public scrutiny ... no chance ... just look what happened to his protege ... Karen the Superfraud !

Except Sosnoff frequently claims that his approach to trading is profitable ... without ever providing any evidence Yet, at the same time, calling out the rest of the financial industry as idiots, charlatans and snake oil salesmen ... who may well be ... but at least they provide evidence of...

#1 ... Sosnoff provides details of every trade he makes ... but refuses to provide P/L ... Big Red Flag #2 ... every trader he has personally mentored under the "Where do we start" series has either blown up completely or lost money using the 'Tasty Trade' method he tries to teach ... even...

Why not just sell Puts as equivalent to Covered Call ?

Almost .. only 1 strike is calendarised The Jan +100c / -Dec 105c diagonal can be dissected into 2 component parts, say ... Dec +100c / Dec -105c vertical ... Dec -100c / Jan +100c calendar You can then evaluate component parts ... often reveals embedded risk that you don't particular like...

For calendar / time spreads you cannot simply add together the raw Vega for each expiry to calculate the total Vega Volatility changes by a different amount in each expiry ... say using an oversimplified example Expiry#1 / 30 DTE / Vol 16% / Position Vega ($1) Expiry#2 / 120 DTE / Vol 12% /...

Which category do vega buckets fall into ?

Yes you do ... you said ... "when dudes come out the woodworks with these type of statements I need to address it" Well address it then ...

This debate is easily resolved ... provide any evidence that Sosnoff makes a profit from trading Otherwise we can assume without evidence that ... to quote you ... "He has enough capital to trade forever EVEN if he loses consistently"

But that is exactly what you said when you stated "Bonds usually hedge his losses overall ..."

Are you saying #1 Sosnoff cannot trade a bull market #2 Sosnoff has been on the wrong side of a bull market for 7 years #3 Sosnoff has not adapted to market conditions as a decent trader might do

#1 the fact Sosnoff allows Karen the SuperFraud to appear as a speaker preaching to their flock shows poor judgement ... which might be ok if she acknowledged the fraud she committed ... and encouraged others not to pursue this approach ... but no way ... as she tells the flock "I have been...

Most of Sosnoff's massive losers over recent years is to 'scalp' futures badly ... take profit on tiny winners to satisfy his 'winners' ego ... but hang onto losing scalps as the market runs relentlessly against them until they become a real problem ... and then describes his losing futures...

#1 Karen is a fraud ... yet Sosnoff still uses her to promote his business #2 Sosnoff got people banned as members of ET for criticising him, TastyTrade and his love-fest with Karen #3 Sosnoff ( and TastyTrade generally ) claim to have 'discovered/invented' trades like the 'Jade Lizard' ...

Although raVar claims to be a principle of sorts at at least 3 trading firms ( no evidence ) ... he cannot trade OPM ... as he trades "Jade Lizards" ... straight from TastyTrade's dodgy playbook of made up names No professional option trader would call a ladder / xmas tree a Jade Lizard ...

raVar seems to have blocked me from reading his threads when I am logged in ... probably one of Sosnoff's fanboys In previous posts, raVar has stated #1 ... he likes facts and #2 ... he is very critical of data / backtesting that doesn't go back at least 11 years Well ... a couple of facts...

You can get 15 minute delayed quotes from the ICE website ... but there is almost no volume / open interest https://www.ice.if5.com/ViewData/EndOfDay/LdnOptions.aspx I primarily trade the FTSE Index Options and import prices from ICE into a Risk Illustrator ... same process can be used...

That would be really useful. I use the formula provided by Espen Haug's for European Options with Skew/Kurtosis to calibrate ... but he doesn't provide a similar formula for American Options