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  1. T

    Wheel strategy un hedged

    Are you more capable because your "model" is better or are you a better "fundamental" analyst?
  2. T

    Wheel strategy un hedged

    You are missing the point...What percent of spot call do you sell to get .65 on a 1 day option?
  3. T

    Wheel strategy un hedged

    If the stock drops from 199 to 190,are you selling the 1 DTE 191 call for .65???
  4. T

    Wheel strategy un hedged

    so you sell a 1 DTE put and lose 9 minus the premium you took in.Keep in mind thats a 5% drop,not 20%..Stock is now at 190.. It appears that you are selling 1 day call for .65..Stock at 190,what strike are those calls you are selling?
  5. T

    Wheel strategy un hedged

    Depends how you define mechanically ... Depending on ones model/forecasts,there is certainly "theoretical edge".. That doesnt imply one should abandon prudent money management What do MM's have to do with anything??
  6. T

    Wheel strategy un hedged

    You really want to be short 1 deep put vs short 6 OTM calls? And how are you getting the same premium every day?? What strike,ho far out? And you didnt lose 1k..And how do you get called away at 100??
  7. T

    Wheel strategy un hedged

    And what happens when the stock is down 20 percent?? Which crap call do you sell and how far out?? And what edge do you have ?? Thats the best trade you can find??
  8. T

    Wheel strategy un hedged

    nah,its an illusion..QLAI is right... My buddy does this,and every other month he get mauled on some cheap put he sold,only to sell cheap calls to pick up some pennies in front of the freight train..And of course,he sells calls that locks in losses when the stock rips the other way... You...
  9. T

    Wheel strategy un hedged

    What were you trading/simulating??
  10. T

    Wheel strategy un hedged

    In a bull market and non levered
  11. T

    How is this strategy possibly sustainable?

    Stay in your lane Bruh.. :)
  12. T

    How is this strategy possibly sustainable?

    Are you suggesting that at some point a trader could buy the 5 point box for 4.75 or sell it at 5.25?? If the call spread goes to 3,what happens to the put spread??? If the call spread goes to 5,what happens to the put spread?? Neo,now do you beleive??
  13. T

    How is this strategy possibly sustainable?

    Lets make it super simple... 2 weelk Verticles,same strikes Stock at 100 95-100 call spread trading at 4 100 95 put spread trading at 1 Show me a scenario(stock price at expiration) where one "outperforms" the other.. Buy the CS vs sell the PS or Buy the PS vs sell the CS 2 nanoseconds and...
  14. T

    How is this strategy possibly sustainable?

    All joking aside,go over the 2 spreads in OptionStrat and look at Expiry.You will see that they are equivalent. For some odd reason,you seem to have a block. It's pretty simple.. P.S. when you talk about skew,talk percent of spot (some like delta),not put vs call.
  15. T

    How is this strategy possibly sustainable?

    The short call spread will be profitable if the stock price MOVES UP ALOT, up a little, nowhere, and down a little.... Ok... I think I see whats happening here... Quick questions Scenario 1; Are you trolling? Scenario 2; How F-N Dumb are you ??
  16. T

    How is this strategy possibly sustainable?

    Buy stock,buy put = synthetic long call..Thats not a box arb..Box Arb no longer exists,except for a few basis point here and there..If you sell the call at the same strike,its called a conversion.. You are going to get clipped trading/rolling 100 dollar + options.. Arent you a directional...
  17. T

    How is this strategy possibly sustainable?

    Dont you have OptionStrat??? Simulate both positions,i.e the call spread vs the put spread.. They will be slightly off due to bid ask spread (buying spread vs selling spread),but the graphs are identical as are the max risk vs return(adjusted for bid as spread).. Why are you trading options...
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    How is this strategy possibly sustainable?

    Oh boy...... You are confused.. Buy one vs sell the other.. Not buy vs buy
  19. T

    How is this strategy possibly sustainable?

    We went over this..Selling a spread vs buying the spread are the equivalent R/R, given the same expiry and strikes..(ignore divs). You need to understand early assignment risk bit better..Ignoring carry vs div and borrow,early assignment is a gift. Someone is giving you a free option. THINK...
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    How is this strategy possibly sustainable?

    Whats the big deal about closing at a loss?? No stops,no rolls,no delta hedging?? You shooting for 100% win rate?? Manage your risk...
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