Search results

Bob, nobody trades the majors on anything but HMUZ - in fact I didn't even know they had non-quarterlies. Change all of those to June (with the exception of BRL) and then look at volume and OI.

I'd think if you take VXX roll risk along for the ride with the short ITM VIX put you're now much more beholden to what VX M1M2 does and there's about 9 different ways things can go (M1 down/unchanged/up * M2 down/unchanged/up). VX M1M2 sitting unchanged may hurt your short VIX put if both...

Isn't this just optimizing? I mean there's nothing significant about running things in a loop here. It's natural and implied if you want to test different parameters on the same set of data. Store structured output of each run until the input choices are exhausted - post process from there.

Tight for the most part. FX futures are fine - it's just the cross issue.

FX futures aren't the best choice for people who trade a lot of non-USD crosses however. Sure you can make a synthetic but it's more hassle and margin.

What cal? You can do simple calendars on IB without an issue but beware most of these have significant front month correlation (however the spreads are better hedged against externalities to the instrument you're trading). You might want to think about choosing a broker now such that you'll be...

I'd imagine there's not much leg spreading going on either.

Which is why you should seriously be asking yourself why you're selling them. Know what what a unit put is? Do you really want to be the guy paying out for the other guy who's basically using you as insurance for his put spread closer to the money?

My issue is not with selling things naked puts or calls (although I think that's eventually asking for it and one should atleast consider hedging to the best of their account's ability if possible), it's entirely about selling *far OTM* puts and calls. Did you even look at the article I put in...

Ask yourself, if things really are so bullish, then why is the VX curve continuing to change it's curvature from something resembling contango to potential backwardation in the future? The VX JK17 spread has been pushing up the front relentlessly since 2017/03/15 and this doesn't jive with a...

I don't understand why volpunter just simply doesn't read the stuff. This is typical "change your world view to orient around mine" type stuff. The real question should be "I cannot understand why I'm unable to simply ignore that which makes me upset."

You're completely wrong here. Options against indexes is the norm. Options against individual stocks is not. You're basically advocating for more risk by choosing a small basket of "diverse" stocks.

If you're going to get involved in these strategies you need to not be selling far OTM puts due to the inherent convexity of their valuation as they go from being OTM->ATM. People keep thinking that if an option goes in the money somehow the trade has gone wrong and this is false - all that...

Don't even do this. Just trade the curve directly. VXX etc are simply retail products to give punters access to vol via equity ETFs. The majority of them aren't even using VX spreads but a proportion of front to back month contracts.

Pointless. Use the VX futures that VXX and UVXY are based off of.

You're at peak gamma ATM. When I said working for you I meant "not accelerating" in the adverse case. Sure, delta ain't working for you but delta != gamma.

The whole sell covered calls after being assigned thing is funny because it's just more put selling but this time with a synthetic short put (S = C - P => S - C = -P). The entire strategy is another bull market genius story of selling puts and basically everything going great until one day...

Gettin' a little bit of that 8/21-8/23 feeling, but then again I've felt that before only to have Janet Yellen and friends ride in with their TT platforms with buy buttons blazing.

Okay, so let's pretend. You sell 1 2035 put (~3% off 2100) the week before for 15 aka 750$ premium (15*50) on a 100000$ account - sweet 0.75% return in the best case. Market goes well beyond that and you get put at 2035, yet the market is now ~1915 on 9/1, so you're now out ((2035-1915) * 50 -...

Here were the ES 1900 puts on 8/24/2015: Wanna sell weeklies on 8/17?