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Orats has my vote,I use it,but its not plug and play..Right 60 percent of the time? That's pretty dam good..Not sure I would be naked selling options if I was that good..Have you looked at your risk adjusted returns vs the underlying? And what do you mean by looking at the SPY at 300,but think...

Typically,it only becomes a beta of 5 overnight if I decide to get short upside vol:)

des writes in Hieroglyphs?? Never noticed that :)

Whats up with the hostility??

And look at Mr Muppets Likes to Posts ratio...

EI=Earth Imperator=not helpful= being kind You would need Orats and chart various maturity rolling vol.... I find praying to the Option Gods for square root of time to hold helpful when all else fails :) P.s. my suggestion was an eyeball test to see how various DTE vol behaves in a dislocation..

Dont you have an option pricing calculator?? Play around with OptionStrat..Free version is helpful Dont play around with EI..Not helpful

For any one calender month,you have to average less than 390 orders per day,filled or not. Being labeled a PRO is pure hell if you hope to sell close to the offer/buy close to the bid..And you will be in the penalty box for 90 days.. Sadly,I am the numnut who manually enters 390 trades per...

Good questions..Im an ex floor trader who used to make markets.That my be my one skill.. If the market is .95 bid,at 1.45,I may offer 100 at 1.40 while leaning against another option. I do that over and over,inputting as many as 400x orders per day,hopefully getting filled on 3-5 percent. The...

Its not too late to walk back... Commision structures go down with bigger size..yikes

Hmmm...Thread aging well

No RMM.... I pick and choose my spots in options typically less than a buck and improve the markets... Its an f-ing grind,and got put in the penalty box for 3 months due to placing/cancelling 390+ orders per day...Labeled a pro,and once that happens,you are basically hitting bids/taking...

Oh yeah.Try this one on for size...Ill bet you my commisions are a higher percentage of my P and L than yours.:)

Would you prefer to trade Flys and other 4 leg structures at 1.50 per option??Each Way?? Yes my main business is a form of market making..On a good trade,I make 5 F-n cents.Its gotten much more competitive and its down to 2 cents..Thats the life of what you would call a "market maker",one...

LOL!!!!! Welcome to to Des.... If you ask nicely,hes very helpful

I thought my strategy was proprietary.You trade it too? :)

Lol,Des is my guy,but that was good.. Let's go Des,first punch is free:)

Ist it always easier to blame others for their misfortune than take responsibility??

If the payment for order flow is outlawed,I am F=×ked,and back to square 1...nah,square 2...

Darc,I and several others are ex hedges, ex Investment bank traders,and from my perspective the biggest difference is trading OPM and customer flow. Another factor is Institutional guys are surrounded by really bright minds... Other than that,with zero commish,great "retail" software...