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London bus bombing for me.

I hope we rally a bit as well. I'd like the opportunity to short higher.

Yeah, Bro, if you mention them here it's gonna move the mkts! We're already down 11 ES due to this thread!

So you write-off the puts and thank your for your trouble? Awesome sauce, Bro. A position, price, target, stop and time-stamp or this entire thread isn't worth the bandwidth.

So buy puts and dump them at cab. if we trade to 1747? Nice.

These threads are comical.

Ya, I stated that about three pages ago.

AAPL 470/480 call spread. All durations are >1. Virtually any spread slightly ITM. There are literally millions of spreads on listed share options that satisfy that criteria. I am not comfortable being the patsy. Eat like a mouse and shit like a dinosaur. I like tautologies so I'll leave...

I don't get this messianic stuff. Any intro book to vol would talk about position 101. A good book on trading would tell you to avoid positions that cannot be hedged. Dislike? I think he needs a haircut and miss a meal here and there. I think the guy is dishonest and doing a disservice by...

Agreed. My edge is quantifiable and yours is not. Yeah, I am an ass, but my intolerable personality is borne out of listening to guys like you who think they've found the theta grail. Like the entire street hasn't figured out the lack of utility in this shit you call a strategy. Don't take R/R >...

I stated that? My PF is better than 3 on a sample exceeding 5Y. I don't sell these moronic credit spreads because they cannot be hedged. Any hedge risk (pick a moment) will exceed the risk of the spread you're hedging. But since you ask; yeah, I've bought many verticals at small debits and...

Another tastytrade troll. There is no "trading them properly" when you sell a 5/1 risk and it gaps through your strikes. Tell them to "take it back; I traded that properly!" They taste like shit. "Using them properly" is fucking moronic. You should slap yourself. Delta1 (futures) are not...

Recommended by morons. Your last sentence is ebonical, and I cannot translate.

yeah, thanks. I just had an epiphany.... no, sorry, just gas.

You exhibit cognitive dissonance with your counter-party silliness. All addicts display similar behavior, regardless of mkt. It's not your problem, it's everyone else. Cannot find an edge so you throw what money you have at passive BS. The wing sellers are what offer trading opps to...

I think you're an old nick trolling, but no. All cs are limited risk, but a poor R/R. You're simply substituting R/R for prob of profit. The expectancy doesn't change. You will get killed trading vol into earnings, as the average issue loses 10bp on the vol-line and you'll not be able to hedge...

Credit spreads = death.

Lexitran, do not do this ^

To offer some trading insight on convexity. No, writing puts is for hobbyists at any level, or for institutional overlay. Don't trade anything if you can't reliably predict direction or the vol-line. Do not trade some passive garbage vertical strategy. Find someone that is qualified to do so...

No, not if scales to $20MM. They own your edge as soon as you start trading for them. Why take 10-20% on a sub-account if it only scales to $20MM? You're back where you started. Take the $1MM to Bright and you'll get >$10MM overnight. You DO need the leverage, but you want someone else to...