Buying/Selling Options

Do a search on "gamma scalping" here on ET for info on the synthetic straddle you were refering to. People have claimed success with gamma scalping however, I've never had nor seen much profit with it. Probably just me...

Quote from exQQQQseme:

One of my favorite strategies, as I expressed often on the "Other Site" Boards is the combination of shorting the stock, buying calls, and occasionally selling puts. I have had little or no success generating any kind of discussion on this.

The other night on that Board, amidst all of the arguing, Maverick 74 and I were just starting to have a good discussion of the subject when they pulled the plug on him.

Hopefully, that could be continued here. No, I have not made "mooolions" doing this; however, I have had consistent success, albeit modestly.

4Q (I love that abbreviation.)
 
Quote from exQQQQseme:

No, I have not made "mooolions" doing this; however, I have had consistent success, albeit modestly.


of course you had , how could you NOT make money on bullish stratedy ( collars with atm puts and otm calls) on one directional market (up) for the last four years ? Did you outperform other bullish strategies such as verticals , naked puts , long stocks , ect ?
 
Hi Michael. I didn't know it was possible to search the Board here for a subject matter such as "gamma scalping." I guess the was to do it is by clicking the "search" button in the upper right of this frame. I'll give it a shot. Thanks again.
 
IV Trader, thanks for the response. No, I did not do a comparative analysis to other strategies. I've just been happy with the results.

If we experience a downward market, what I am doing can easily be adjusted in several ways to create a bearish bias. For sure, I'm no expert by any means.
 
I see the discussion over on the optionetics board has now moved on to the "magic rolling" of the short call. LOL. Of course I have yet to see an actual trade that one person has done demonstrating this magic roll and how they made money. All they talk about is how some guy named Peter turned 30k into 1.4 million with BBY and magically rolling his short calls. Not even this Peter guy wants to show his trade. LOL.
 
Quote from exQQQQseme:

One of my favorite strategies, as I expressed often on the "Other Site" Boards is the combination of shorting the stock, buying calls, and occasionally selling puts. I have had little or no success generating any kind of discussion on this.

The other night on that Board, amidst all of the arguing, Maverick 74 and I were just starting to have a good discussion of the subject when they pulled the plug on him.

Hopefully, that could be continued here. No, I have not made "mooolions" doing this; however, I have had consistent success, albeit modestly.

4Q (I love that abbreviation.)

4Q, yes, there is a lot of stuff in the ET archives on gamma scalping. Just type in gamma scalping under subject on the search function. I'll be happy to answer what I can here.
 
Quote from Maverick74:

I see the discussion over on the optionetics board has now moved on to the "magic rolling" of the short call. LOL. Of course I have yet to see an actual trade that one person has done demonstrating this magic roll and how they made money. All they talk about is how some guy named Peter turned 30k into 1.4 million with BBY and magically rolling his short calls. Not even this Peter guy wants to show his trade. LOL.

Stating the obvious, but it's impossible to sell enough pure alpha (synthetic atm premium) in BBY at reg-T, over 3 years with $30k, to earn $1.4 million. Apparently this is the standard of BS on optionetics.
 
Hey Borank, it is me..... spudbarge :).

welcome over to ET though you were dragged here in the middle of a "spirited" argument lol.

Happy New Year!
 
Quote from optioncoach:

Hey Borank, it is me..... spudbarge :).

welcome over to ET though you were dragged here in the middle of a "spirited" argument lol.

Happy New Year!

Spudbarge? Phil, is there something you want to tell us? :D
 
Quote from jimmyneutron:

Stating the obvious, but it's impossible to sell enough pure alpha (synthetic atm premium) in BBY at reg-T, over 3 years with $30k, to earn $1.4 million. Apparently this is the standard of BS on optionetics.

This is a >10% return per month compounded on average... with a collar? Hence my suspicion, rolling calls or not.

So it's not verifiied anywhere?
 
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