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lmao! Good one

like a loser. But sometimes when I realize a loss I feel like a winner, ain’t that sumthin?

For me, letting winners run is a myth. I've left so much dough on the table you'd think I was selling puts in $PZZA Psychologically, leaving money on the table makes me feel worse than realizing a loss.

well said!

wait, so if there’s no safety flight then maybe the cash will just cycle through equities until there is a flight to safety worth flowing to? Or?

What an oddity it was. Lets get some discussions going for 2021. Unfortunately I'm thinking 2020 was just the pre-cursor for 2021. We are one breath away from Kamala becoming prezzy. Markets are crashing up, about to correct again, and probably crash up even more. Implieds should be way...

thank you, friend!

Is there a way (specifically in tastyworks or thinkorswim) that allows you to create a watchlist but instead of stock prices it quotes option prices for a specific strike/expiration? For example lets say I wanted a live quote for the $AAPL 11 DEC 20 120/125 call vertical. Then under that...

Who knows, but whats evident is.... the more prices crash upwards, the more of a liklihood of prices crashing down even more vicious. Look at most of the volatile crashes.. prices literally were sky rocketing prior to the crash.

Whats your definition of value? If inflation hits, the price of the stock could sky rocket, but the paper quoting that price is declining even faster thus canceling out any appreciative worth.

Short vol is more of a natural phenomena within investment vehicles. Each tradeable instrument is either "short vol" or "long vol". Some instruments appreciate from being short volatility, others being long volatility. For example, buy a call in AAPL. This is inherently long vol. Now...

This is one of the better books on options out there. But there are various parts of the book where I get confused, and I've read much denser optionality books before.

Not sure what you're asking. The entire market is fractal in nature. So at any given moment risk is being transferred on all time levels. Your style matches your personality. Some people aren't built for trading weekly options in TSLA gamme scalping. Others are more comfortable buying DEEP ITM...

Jeez, I remember when this stock was 15cents on Halloween. Was going to buy a few shares too smfh!

My probability of success is 90% I GOOOD AT TRADERING

Just got the book yesterday. Started reading, I'll give a review once I'm done. But jeez, a lot of insecure "traders" in this thread. Its like successful traders can't exist. Jack writes books for entertainment purposes. But its also an educational tale with audited returns to back the...

I rode $RIG from .80 to 2.44. I feel like the greatest trader. But I'm just a one hit once in awhile wonder lol

Right, optionality works "better" with underlyings that have billions in capital flowing in and out of, rather than smaller entities with not as much liquid flow. Thus we can say options are an instrument of liquidity as well as volty

both.. why did you choose calls instead of shares?

Yup, Simons co-invented the "Chern-Simons 3 form", which is important in string theory. 1988-1998 (although prolly the strongest vector bull move in prices ever) his Medallion fund returned 2,478%. So yea, maybe physics has SOME merit lol