Search results

  1. I

    Is it possible to backtest an gamma scalping strategy?

    OP , you are almost guaranteed to lose money if you scalp ( long) based on some comments on this thread. Good luck to you
  2. I

    Is it possible to backtest an gamma scalping strategy?

    Time frame is irrelevant (unless its based on user defined outlook of future volty) : greeks trade ofs. Same goes for strike selections ( otm=itm=atm)
  3. I

    Poker Question - What are the odds?

    ok...had few free minutes... Odds for everyone to get a pair : (52*51*50*49*48*47) / (6*2*13)*(6*2*12)*(6*2*11) = 1 in 4943 Flop odds : (46*45*44) / (4*3*2) = 1 in 3795 N , agree ?
  4. I

    Poker Question - What are the odds?

    yes , I think you are right. I should drop " divide by 1 thru 6 " from part A calcs
  5. I

    Negative Theta Options over Weekend

    Of course , but dmo asked for dollar to > dollar example ( ANY reason why)
  6. I

    Negative Theta Options over Weekend

    I am not sure if you are kidding or serious, dmo. I had call’s gains > 1$ with 1$ gain in equity options.
  7. I

    Is it possible to backtest an gamma scalping strategy?

    One can “improvise” scalping back testing without historical price action data (tick by tick). You need RV and historical IV. You need to break your PnL into 3 parts Scalping gains Vega gains (loses) Theta loses OP , I am not sure if the above task is for option’s beginners , imo
  8. I

    Poker Question - What are the odds?

    Part A calcs should match the max iterations for lottery ( 6 numbers out of 52). I’ve got 20mil or so ….sounds correct , no ?
  9. I

    Poker Question - What are the odds?

    Why you are using times TWO in part B ? The order is irrelevant. There are only 6 combinations of pairs for four “Kings”. Just like there are only 6 Exactas Box in the four horses race.
  10. I

    What Software for volatility dispersion strategy?

    Right on rosy , like always. The only time I put the skew trade ( long vertical) is on the day of report. And only if short (lower) strike volty is 1000 bp > long
  11. I

    Poker Question - What are the odds?

    The probability of 3 players to get a pair is 1.8% A. There is a [ 52*51*50*49*48*47] / [ 1*2*3*4*5*6] = 20,358,520 SIX cards combos . B. Pairs combos : (6*13) * (6*12) * (6*11) = 370,656 B/A = 0.018 Calling for all quants to complite the second part :)
  12. I

    Markets will correct 50% from today’s close

    True , I will try to post some reasons behind my call later. I am also not advocating taking a short position at today’s levels. Any bearish call is a non-tradable in current (fixed) environment. Similar to “ Perfume.Com will go to BK one day” in late 90th. The prediction was right, but...
  13. I

    Markets will correct 50% from today’s close

    lol , yes , me too
  14. I

    Put QCOM on your screen all day tomorrow

    So , which option position you are suggesting to enter/paper trade in the morning ?
  15. I

    Trading For Living - S&P 500 Market.

    Becky Biggs , I tried to Pm you , but looks like your box is full Dirk Digler
  16. I

    Markets will correct 50% from today’s close

    down
  17. I

    Markets will correct 50% from today’s close

    within 2 years . Mark today as a Black Bailout day . Nuff said.
  18. I

    An option with more IV has more time decay?

    LOL
  19. I

    Best options trading book?

    I bought my first two options books when I joined ET (being already into the fifth year of profitable trading)… McMillan and Natenberg , based on few poster’s recommendations. Didn’t finish reading either of them. Sure, few interesting nuances and staff , but what beyond it ? 500 + pages...
  20. I

    Best options trading book?

    Someone recommended Volatility Trading by Euan Sinclair to me
Back
Top