0dte

[BlueWaterSailor]

forget the 0dte... I am looking at 4 months now

JFYI: having non-equal wings reduces your total buying power by the larger spread - you could have more "for free" by selling a little more credit on the narrow side. But that's just me kibitzing; presumably, your strat represents your market view accurately, so - good luck with it!

 

[cesfx]

JFYI: having non-equal wings reduces your total buying power by the larger spread - you could have more "for free" by selling a little more credit on the narrow side. But that's just me kibitzing; presumably, your strat represents your market view accurately, so - good luck with it!

yes it does, although long overall in the portfolio, I am bearish for now... trades like this, deep otm verticals and some deep otm stock puts offer a bit of hedge. Thanks

 

[zdreg]

Nah, just basic troubleshooting ability. For your fleshlight, it's most likely the batteries. For your Kleenex box and Vaseline, it's the empty state that should be a clue.

Indulge me if you will... what is it about unarmed morons who just can't resist trying to enter a battle of wits? Is it just masochism on your part plus a lack of courage to find someone local dressed in black latex and wielding a whip and a dildo? I mean, I get the continuation - once I've stepped on your pitiful little ego, you just can't resist knee-jerking and piping up - but what's the initial impetus? Is it some mental disease that you all share? I'd be willing to write it up for the next version of the DSM. Don't worry, I'll just refer to you as "worthless slave" - that should add to the burn nicely.

Your obsession with lubes and dildos deserves further investigation.

 

[BlueWaterSailor]

Your obsession with lubes and dildos deserves further investigation.

I didn't realize you needed a screen for your activities - you seem like the type who's already well versed in high-speed reciprocating attachments, auto-erotic asphyxiation, and small animals bound with duct tape.

Unfortunately, I can't give you any advice - I like human women, which means you and I have nothing in common - but... perhaps a touch less crystal meth and a little less fiberglass wool to grease your insertional entertainment would decrease your hysteria? Just a guess; I really don't know how a thing like you operates.

 

[Gambit]

He is saying that it is binary- no stops. What stops would make sense here? I would assume win rate would drop below 50% (it’s already low based on the article) and the premium capture they quote is 4-8% of a pretty small value to begin with (tree to four legs commission not included) Sounds more like - let us churn your account to death strategy publishes by a biased source. Could you link a good article/video on this topic from Tastytrade?

Let me dig it up. Running it without stops really kills the strategy from what I've seen. Now if liquidity dries up, then crossing the spread on the stop order becomes even more expensive. This is a high risk strategy no doubt. One intraday gap move and max loss is hit quickly.