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Taps? I cower in anticipation of your response!

Your post reminds me of a conversation I heard at a Portland, OR truck-stop. One person was in the process of undergoing “Gender reassignment”. My impression was he was doing this “Radical move” for approval, as seemingly “Egged on” in the media. For example, look at Time Magazine’s article...

Barr is beholden to Bush, not Trump. Barr’s, or more accurately, the deep state’s goal was to contain Trump. I suspect one does not get to be in a position of power under Bush unless you have more to lose than they do, such as Barr. In other words, they had something on him and could “Pull...

Hey, be more careful of ET’s inheritance money!

Thank you for the kind words. While Destriero’s posts can be hard to decipher, there’s “Gold in them there hills”, making the effort thinking about his posts worthwhile.

The structure was 2-3-1, with the wings equidistant from the body, thus allowing a payoff no matter how far ES might fall.

Most of my flies have been very directional and I’m quick to mange non-performers, especially if theta turns negative. Basically my flies are a cheap or even “Subsidized” theta version of a call or put where I hope price reaches the body a day or two before expiration. I am looking at making...

NQ is about 50 bp stronger than ES right now. I consider this bullish relative strength as part of my risk appetite indicator. Still, I’m not convinced the market indexes are “All systems go!” right now. Actually, I am net short 20 deltas if ES right now on a recent order. Edit: Now 10...

I like to see what the relative difference in vola for each strike for selection purposes. I might think something like, “Damn, I can get 50 basis points more vola for moving my the body one more strike ATM and it is only costing “X” vola more on the single DOTM leg, deal!”. I’ll see the...

There is a sign you are doing something wrong when both sides call your posts crap or garbage. I’m a Trump supporter and you are not. However, we both agree Trump supporter FortuneTeller’s posts are crap. We have both called him out on it on more than one occasion. Yet he persists. If...

I’ll give you my opinion. Hopefully a real trader will give his or her take. Basically, I look to buy relatively cheap volatility(vola) and sell relatively expensive vola if I have an opinion on the underlying and volatility. Usually the smile, if there is one, is further out than my...

Looking to buy ES at 3775 to 3780. Not in love with the idea because of concerns of “Buyer exhaustion” and unconvincing money flows towards other risk assets, but maybe Janet’s statements will be enough.

I believe the market has priced in a Biden win by now. Wall Street can handle a regulation or two, especially if liquidity continues to remain free flowing. However, if Wall Street starts seeing a pattern of onerous regulations coming out of the Biden Administration and or a hefty transaction...

I’ll be shorting TSLA soon again. As soon as I am able to turn in my bags of recyclable cans and bottles for cash, that is. Seriously, TSLA, like any other underlying, reaches a level of interest where short term momentum is all you need for positive expectation trades from either the long...

What is interesting is FortuneTeller and smalfil express outrage with big tech censorship while putting you on ignore and posting a snide comment in a thread you created. Seems hypocritical and disingenuous at best. I’d use stronger words to describe my contempt for their behavior, but if it...

Fortuneteller has me on super-block as well, along with smallfil and a few snowflake Leftist posters. I don’t know if I can go on. Oh well, I guess my remaining years will be spent watching reruns of Leftest reactions of Trump winning in 2016, alone. Sniff.

Attached are three articles related to sticky delta. Some of the links below are to websites that contain additional, advanced option related subjects. http://deltaquants.com/volatility-sticky-strike-vs-sticky-delta https://www.globalcapital.com/article/k6b934dyqnjd/the-sticky-delta-model...

It looks like roughly once per quarter we get a wide red bar. It has been 12 weeks since the last big red bar. Maybe we are due.

We know what the Left wants with open borders: Voters, paid for by US Taxpayers. However, what would be the incentive for Joe and the Democrats to bow down to China and other countries? Distribution of US Taxpayer funds to Leftist causes and their power structure globally? As far as Iran is...

Obama did give Biden a medal and Biden is going to dedicate a statue or something to Obama. I would relay my true feelings about that, but Biden is what we have to work with now. Biden has the bucket and we will know, for better or worse, what Joe really feels about the United States and her...