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Yeah,good luck with deterring the evil that lurks within...Until then,save those that can't save themselves

Good thread TS.... Except for a few chosen ones, I think advanced math/quant skills is overrated... That is coming from someone who was the head trader of Equity Derivatives at 2 major IB's,and started under a brilliant mathematician... And FWIW,I look back now and realize I was a very good...

LMFAO...that was really f-i ng funny

Your PnL...

Generally speaking that's what I have found( from backtesting portfolios)...

If you are performing a backtest on which strike performs the best,you really shouldnt compare the returns of ITM vs ATM vs OTM....A better backtest would be the buy of equivalant deltas for each strike,or an equal fixed dollar amount....Apples to apples

Buy and hold based 9n fundamentals,no rebalancing and you want to account for survivorship bias??? Portfolio 123 is my best guess

If anyone is interested in this style of trading,I highly recommend the book "Momentum Masters"....

He's a modified Canslim guy,likes to see vol contraction and solid EPS growth with other fundamental metrics.Lightening fast on stops... I have backtester it before,nothing special,but his guys typically place very high in Norm Zadehs trading challenge.... So it is a framework to work within...

Read the thread...It was sarcasm

I see says the blind man.... you are welcome :)

Holy Mother's of Black Scholes,I had no idea what we are up against

WTF are you talking about??? Next time you are right will be your first:)

Dude,you dont understand box arbitrage.. Read what I wrote above.. Any questions? :)

Thats not a straddle,its the guts of a short box..Its the risk equivalant of shorting Strangles,not straddles.... Any more questions????

How does one sell a straddle with both legs deep in the money??

Total guess,somewhere in the 40's..

I left IB for the very reasons you mentioned... They were charging me upwards of 6 bucks per fly,and their fills are no better than TOS..In fact,I would say they are worse..

I see nothing wrong with that statement..He doesnt mention probability or expected return,timing,nor does he get into IV...IMHO,it's a fair statement

Gill bought another 50,000 shares?? https://www.benzinga.com/node/19762501