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  1. .sigma

    Separating randomness

    ohhhhhhkay gotcha I know what ya mean now. extracting the alpha from the beta the signal within the noise the calm within the chaos it’s out there man, probably hiding in plain sight. I think a lot of it comes down to the interpretation of data, having the right measurements, looking at the...
  2. .sigma

    BOOKZ

    we need a new thread on some books you guys are currently reading, and or suggest we read. Let’s go. Trading Systems and Money Management - Thomas Stridsman, very good book. He explains all the metrics used for evaluating your trading system/strategy. The Laws of Trading - Agustin Lebron - I...
  3. .sigma

    IV Smile and Firm Fundamentals

    I am far far from elite. But I know for a fact I don’t have as much humility as you lol
  4. .sigma

    IV Smile and Firm Fundamentals

    Conceptually, this chart is joined by a second one, but it illustrates how market makers delta hedge, and position combo trades, and profit regardless of directional risk
  5. .sigma

    IV Smile and Firm Fundamentals

    hey this is elite trader so let’s be elite, shall we?
  6. .sigma

    IV Smile and Firm Fundamentals

    how much? It depends on how their book is structured, but I would think theoretically a lot of greenbacks from wider bid asks
  7. .sigma

    IV Smile and Firm Fundamentals

    well as we all know ever since the late 80s, early 90s the market has been accelerating as an organism. What’s that law? Moore I think? Power laws are at work here my friends. a huge problem money markets had to deal with was the efficiency of liquidity in the past. Since the markets are ever...
  8. .sigma

    IV Smile and Firm Fundamentals

    A few things: First, register. SSN is an immensely helpful source for knowledge, especially academic papers on øptionality. Second, I suggest you read it before commenting. They suggest that the way the implied smile is shaped on an equity underlying can be analyzed using fudamental metrics...
  9. .sigma

    Randomness And Trading

    YUp, for years my bread and butter was scooping up cheap shares in cheap stocks at their lows establishing a base then ride the price up (mark up). But I noticed a lot of these companies were shit, and price didn’t move much. Once I started digging into the fundies my buying decisions changed...
  10. .sigma

    Separating randomness

    I follow that guy on tweet ah, he’s pretty entertaining and smart. as far as separating randomness, how would you accomplish this via technical analysis?
  11. .sigma

    Randomness And Trading

    backtesting is an art until your portrait gets splattered all over your white board lol
  12. .sigma

    Randomness And Trading

    dude, what? Lol
  13. .sigma

    Randomness And Trading

    I can smell the humor, of course fundamentals are important. For 10 years I didn’t study fundies, thought it was hogwash. Then I came across merger arb and earnings trades and never looked back, it’s definitely in the speculators best interest to become familiar with the fundamentals of the...
  14. .sigma

    Randomness And Trading

    I think you’re confusing fundamentals with position sizing.
  15. .sigma

    Randomness And Trading

    yeah a maybe misused “legend” I meant more of “infamous” dude definitely stirred a lot of controversy and got people talking. Shit we are speaking about the man rn
  16. .sigma

    The Best Trading Proverbs

    “When you bet on a sure thing—hedge!” - Robert Half
  17. .sigma

    Understanding Pin Risk

    isnt 35.01 out of the money if he bought the 35 calls? It would be ITM if it was the 35 put BOT edit: just saw your post.. So if your strike is ITM and you BOUGHT the call your broker automatically exercises your option? I thought the buyer had the “right” not the “obligation”
  18. .sigma

    Understanding Pin Risk

    wait, if he bought the 35 calls, isn’t 35.01 OTM? Also, why did the OP go long the shares if we wasn’t obligated?
  19. .sigma

    TSLA options

    OP, I only read the first few words of your post... “I am getting scared of trading options” you are doomed then.. trade smaller or don’t trade
  20. .sigma

    Randomness And Trading

    dude Hershey is a legend on et, even tho idk wtf he’s saying most of the time lol
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