Search results

  1. T

    VXX - Vol of Vol Buyer; Will the VIX Pattern Continue

    Your post coincided with the morning top in the market, and today's bottom in the VIX. You had yet again only a tiny chance to be wrong, and you did not miss it! :) Anyone who faded your post is laughing on his way to the bank.
  2. T

    An Edge?

    Have you ever heard the word "average"? If you did, does it make sense to you to cherry pick in analyzing an average? If you have a on-purpose selective mind, I suggest you go somewhere else. If you are thinking drawdowns, it is an important aspect but the issue is whether the expected return...
  3. T

    An Edge?

    To get the question of naked clarified, instead of the ITM call terminology think, you can think in terms of shorting underlier and selling OTM puts---The other side of married puts. See it as a position in isolation.
  4. T

    Who can pick the best website trader domain?

    LOL! blowjobtraders.com?
  5. T

    An Edge?

    You ask for people to be open minded, and you forgot yourself? :) Tell me: how does the buyer of the put gets his premium from the underlier just to break even? I assume your answer would be something like "the return he would get from the underlier". Could you expand on it a bit more...
  6. T

    Elite Trader Journal

    You do not know of any trend in all financial markets? Many views, and not a single person has posted as of yet a trend they have spotted?
  7. T

    An Edge?

    I already understand what you wrote about IV. IV (the one buyer and seller are betting on) can be cheap in one trade, high in another trade. But overall, neither the buyer nor the seller has an edge on IV (as otherwise the market will not be a market). Therefore, neither the average buyer...
  8. T

    An Edge?

    You made a good post, and I am focusing on the quote above. The other side on the short ITM call trade is a buyer of the call, or the buyer of a married put for the regular people. Under the hypothesis of zero edge on market direction (which I think is a sound hypothesis), it seems to me...
  9. T

    An Edge?

    1. How to get an edge then? 2. I believe there are more gullible people (and much more money) who buy options than there are gullible people who buy misinformation. 3. Interestingly, the seller of misinformation and the winning sellers of options have something in common: they get paid...
  10. T

    Kudos to MMs

    What are the probs of being right for 7,14, and 24, and hold time particularly for 7?
  11. T

    how long does it take to become consistent

    Hey Jackass: Think about this before you write bullshit: a consistent winner needs a stream of consistent losers. So for a finite number of winners, you need an infinite number of losers to pay them. What is wrong with this? Give me half of the money you will lose, and I can teach you...
  12. T

    how long does it take to become consistent

    25 trade-days to become a consistent .... loser. To become consistent winner, it takes infinity in time and money.
  13. T

    An Edge?

    "Selling ITM call options on an equity index (QQQQ, IWM, SPY) has an edge"- says this expert. Why?
  14. T

    Elite Trader Journal

    First item on this Journal are trends. Most people like trends, when they are not at their ends. I would like to keep track of what trends. Elite traders can post what they see as trending currently. Let me give examples. From April 25 to May 25, Eur/USD was trending down. After that trend...
  15. T

    Poll Your Thoughts On Next Week Market Direction

    Your posts were bullish back at end of April (at the top), and then turned seller of naked calls recently on visit of the bottom, and now you recovered your short calls? Your posts seem to be a perfect timer of the opposite of what is good for you, which is not an easy achievement. If you have...
  16. T

    Poll Your Thoughts On Next Week Market Direction

    Have you ever seen a reverse V?:p
  17. T

    Poll Your Thoughts On Next Week Market Direction

    :) He had the naked call seller remorse after his (boasting?) post. Could we say you would have the buyers remorse soon?:D
  18. T

    Poll Your Thoughts On Next Week Market Direction

    On wall street, they clean the streets when they have been cleaned.
  19. T

    Poll Your Thoughts On Next Week Market Direction

    We had the gap down. The yesterday's EOD chicken buyers must have covered at the open, and possibly even shorted it. If they shorted it, it would explain the rise in the market resulting from the same chicken doing their short covering?
  20. T

    Keep shorting BP down to zero. Here come the lawsuits.

    You do not know about the rule of the first bottom? When applied to BP, the rule gives precisely 30.00.
Back
Top