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Who conducted the study? What is the sample size? How did they exit? Stop loss, on market bid? There are a lot of nuances. Aot of research is meant to push a certain narrative... That why research and backtesting is so key (especially your own stats)

Properly managed is the key flaw here. If you're gonna test and confirm, then your exit rules need to be more precise than 'properly managed' What defines properly managed, and by whose criteria? You need better stats if you're gonna trade on those stats. Otherwise you will just become...

How do you implement and exit your trades? Lmt? At the ask to buy and bid to sell? Market? At the mid? At the mid and wait for it to fill? Or via a spread? And on a side note, are spread-credit orders implemented as buy at ask and sell at the bid by default? Or do systems like IB constantly...

I've often thought a short strangle can be a very profitable strategy. Ppl freak out about the unlimited risk but that is the theoretical side and does not include active monitoring. The ic is great for the brokerage because of all the transactions. Likewise good for the mm cuz they profit...

I've had friends mention the futures options markets but I have no experience in them. Do they have the same expiries as spx/spy? Are margin rules significantly different? As well, how do the Greeks operate? Could one transfer their strats from spy to SPX to ES? For qqq vs ndx options.. I've...

Agree on your premise of doing them one leg at a time. I think the idea of doing them as a one commission order is a case of saving here but costing more there. What do you mean by rolling up long and in?

Hi, I've read a bunch of stuff on rolling options forward. Seems to be all positive (which raises red flags). What am I missing? What are the cons? Why doesn't everybody just keep rolling forward until they are 'right'? Does it eventually blow up somewhere?

Could you expand? Why would the wide spreads affect SPX? Eventually the spreads get back to reasonable amounts...

So... With all these nuances is there somewhere to learn about them? Seems there's a bunch of stuff that one would only learn from working in the industry. But for those if who trade individually, it seems we are in a knowledge gap... Any thoughts or suggestions?

I've heard that cash settled is an advantage.... but if something is cash settled, don't you lose the power of your margin? it seems that a cash settled spx contract would be very expensive. from a risk management perspective, that seems harsh. i.e. being required to buy spy (if assigned) would...

Mentoring is great but the student needs to do the work (and most don't put in the hours) . Plus as mentioned many times in those books, building a trading plan that fits the traders personality and temperament is key. I would say choosing a mentor that has a similar style (or is open to...

Thanks Bob. I'm happy to do my own backtesting but would like the bid-ask-mid price (and various greeks) at my particular the entry point. Likewise, the same for my exit point. I use different pieces of software for my system. I didn't think it would be *that* hard to find a good solution...

Hmmm.. Was hoping for a software version where I can plot and graph things, run strats etc... The cboe looks like raw data that would then need to be manipulated by a programmer... Any other options out there?

Hi, any recommendations? I've tried ONE but find it a bit clunky. Was looking at optionvue but not sure if they have intraday (and if so, at what interval) pricing. Any other suggestioins for software that has intra-day data?

No vix products. More for earnings plays. Also trade some indexes which also can have an iv spike, but not the same typical iv crush effect.

And your intention is....?

Yeah. I'm not even looking for someone to do the backtest for me. I just want access to the data in a functional and efficient format. Surprised how few options there are that have even that data (B-A, Greeks, iv, etc...) And that is the likes of LTCM, some quants-math types and more recently...

Price patterns are expressions of buying and selling behaviour. Past behaviour is not indicative of future behaviour. In a very simplified analogy just because the ball falls on red 3 times, does not mean its going to fall on red again. That is not a sound trading strategy. I also think having...

Options pricing is quite variable intraday. This is especially true for early morning pricing and end of day pricing. How are you accounting for your percentages without this data? Win rates and roi are very deceiving, especially in a bull market . Likewise a stock option price can have very...

Trying to figure how to play the IV crush in a registered acct. Is there any way to play the IV crush without using an option selling strategy? thanks