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RUT 121 1300/1500/1700 OCT 19. This is long gamma and theta "the ultimate freebee"LOL. If there was more liquidity in the DOTM puts I could see you implementing this strategy. Would you say the more vega the merrier?

I have a few questions here about this long gamma long theta butterfly and about trading skew in butterflies in general. Below we can see that Russel is in the 84th percentile for the 3 month skew 90% 110%. You guys like to buy butterflys into skew for the long gamma long theta. Here is the...

Only the disciples saw Jesus turn water into wine. Just like only steady options members will see 86 % CAGR. No point in arguing about if it's true or not. We were not there to witness. You can beleive and go to church on Sundays, Or you can move on. Kim's track record should not be what bothers...

LOL Is getIdxSymsWeights a personal function? It's not in quantmod or PerformanceAnalytics. Thanks for the advice Kev. Dispersion trading is very interesting, I have read 2 decent papers on it published in early 2000's. But your saying that's somewhat mute now. Any good papers you have on it...

I'm sure he's cooking the books there as well. It looks like we got the last word in this time. Mention a trading contest and he's no where to be found.

Actually if you can demonstrate 25% on Debits I bet there would be 50 people on this site who would buy your membership. Theres only upside in doing this

This is a low maintence strategy so if you would like to start a trading competition with me I would be interested. If you can demonstrate even 25% on your debits I'll buy a whole year worth of steady options

LOL 86% CAGR. Here are some of my favourite qoutes from steadyoptions. " IV usually increases sharply a few days before earnings, and the increase should compensate for the negative theta". "The reason is that over time the options tend to overprice the potential move" "I usually select...

This is very wrong. I want to make it clear I am not ripping on you for selling courses as others on this thread have snarled at. In fact I think teaching is a noble job and it gets people at least interested in the industry or maybe even helps them realize trading is not for them. I am ripping...

No, I am asking you, do you understand why IV increases before earnings? If you did, you would not be implementing this strategy. Or at least from the way you approach it... I will ask again... Where is this extra IV coming from? You are yet to explain how your strategy even works that you sell...

Kim...where is this extra IV coming from? You are saying buy the IV ramp but can not explain whats actually happening. How do you say "hmmm... I think this IV will increase SO much that my "vega gains will offset my theta loss" ?

Actually Kim could you explain to the viewers how this "IV ramp" works? I have not seen you mention it in your previous posts on this thread

Kim you do not win 83% of the time with this strategy LOL. How is the market that inefficient.... I spend a lot of time looking for situations in which the events are not priced properly a week or 2 before and let me tell you the majority of them are OVER priced. The ones that are under priced...

Buying straddles/strangles into earnings is not how you want to look at this. Kim Klaiman does not understand the strategy he is selling. The way you want to look at the option is what is the earnings move priced into this option/what is the earnings moved priced into the options surrounding it...

231 Fly. @ 3.40 risk of 3.60

I have an order in right now for something simililar. I'll keep you posted on the fill, thanks for the idea

Must have been a pretty steep order to push it up $2 :). I hedged out some deltas so I'd actually prefer a pull back

Neww, I can create something similar by selling/buying atm vol and hedging. Am I missing something?

This is a dispersion question. I will also use a current real life example to make it more appropriate. SPX Jan 2019 100% moneyness vol = ~ 12.5% CBOE implied correlation Index (Jan 19 expiry) 28.92 (I want to mention that this is only the implied correlation for largest 50 stocks in SPX)...

hmmm, this looks interesting. With .50 a contract, this could get expensive tho. I enjoy your 132/231 flies. I have a couple on, but they are not from todays trades. I will post when I put a new one on.