Long-scalping equity options against time decay and market drift

[fullautotrading]

The mirror of gamma-trading (long gamma/vega) also has the edge loss associated with friction/microstructure and commissions, but you're trading contra to the move and ostensibly earning from vol-corr. In index you're necessarily short skew, but vol-corr will more than make up for it.

Your thing simply cannot be hedged into event risk. A former MD at Nomura(head of eq-exotics) and P72 said today that, "you cannot sell tail strategies" and the same can be said for short tail strategies.

You would think that you would have learned after the sim-challenge before you went dark.

See, my TG-chat (owner) has 32 pros in it! Oh well. Talk soon.

View attachment 321170

Fuck off from my journal, cowardly retard, or identify yourself.

You are not capable to write 2 lines of code and you want to put your mouth on algorithmic trading?

Talk about something you know instead of coming here to fart your nonsense about things you do not have minimal knowledge of.

Fuck off, again. Do not make me repeat it.

 

[destriero]

Fuck off from my journal, cowardly retard, or identify yourself.

You are not capable to write 2 lines of code and you want to put your mouth on algorithmic trading?

Talk about something you know instead of coming here to fart your nonsense about things you do not have minimal knowledge of.

Fuck off, again. Do not make me repeat it.

What's the stress of your simulated trading if ES gaps 15% lower on a report of tactical nuke use in Ukraine? $1MM debit, $2MM? How would the sim-portfolio perform at a vol-shift of 60 handles? $3MM debit? 4?

 

[fullautotrading]

What's the stress of your simulated trading if ES gaps 15% lower on a report of tactical nuke use in Ukraine? $1MM debit, $2MM? How would the sim-portfolio perform at a vol-shift of 60 handles? $3MM debit? 4?

It's similar to the stress of your ass when your boyfriend pushes it in. I am sure you know how it is.

(ES has moved down more than 25% (25.85) with a max position of 603 contracts and 93 layers during this trading session, you cowardly retard; it did not make more than 5% in the red. But you are too busy shitting on anyone successful, instead of attempting to grasp the algo...)

 

[destriero]

A market session is generally considered to be a single trading day. You must be drunk.

it took the market 10 months to drop 25%.

You would go debit on as little as 15% drop in any single week.

Cash VIX never closed over 38 in the period you’ve had this journal. You’re delusional.

ciao!

 

[destriero]

First rule for option pros. Never short leveraged gamma (+dgamma) as you’ll earn on delta decay until you don’t. It’s analogous to underwriting re-insurance. The worst risk at the worst time and zero ability to lay off risk when it’s needed.

You’re the Italian James Cordier.

‘it’s why you waste your time on sim. There are no wealthy put sellers. Ask Corider. Ask Niederhoffer.

 

[fullautotrading]

I call "a trading session" a single run of 1 instance of my platform on a folio.

A single day is meaningless, you cowardly retard.

Compared to your jargon inventions to give presumption of likeliness to your farts, my nonnative efforts appear like naive "baby steps".

This is 564 days.

this happened (less than 5% in the red):

you cowardly retard.

Have you ever heard of circuit breakers, dear cowardly retard? Do you know how fast is the algo to respond and discharge? Have you heard of long legs? Do you know what a few million lines of code and strict logic are doing there: or do you think they are there just for fun? You poor cowardly retard, LOL

I am sorry to burst your bubble, but we are printing $$$. And apart from tax officers and the general public, for which anything is obviously always a "demo", we print real $$$, you cowardly retard. LOL

Why do you not return to your favorite activity, instead of pontificating here about things you have no clue about?

Go learn some C# and Js. Maybe you can do it too. But remember that the effort to learn to code is less than 1/100 of the effort to be profitable.

Since you do not have enough brains to even write 2 simple lines of code, I can consequently imagine your trading. LOL

 

[destriero]

I call "a trading session" a single run of 1 instance of my platform on a folio.

A single day single is meaningless, you cowardly retard.

Compared to your jargon inventions to give presumption of likeliness importance to your farts, my nonnative efforts appear like "baby steps".

This is 564 days.

View attachment 321175

this happened (less than 5% in the red):

View attachment 321176

you cowardly retard.

Have you ever heard of circuit breakers, dear cowardly retard? Do you know how fast is the algo to respond? LOL

I am sorry to burst your bubble, but we are printing $$$. And apart from tax officers and the general public, for which anything is always a "demo", we print real $$$, your cowardly retard. LOL

Why do you not return to your favorite activity, instead of pontificating here about things you have no clue about?

Go learn some C# and Js. Maybe you can do it too. But remember that the effort to learn to code is less than 1/100 of the effort to be profitable.

Since you do not know how to write 2 lines of code, I can consequently imagine your trading. LOL

lol so you think circuit breakers are going to save you? It’s a limit move. In commodity futures that trade at limits the vol continues to trade so you can price the synthetic futures off the options.

circuit breakers will simply delay your going debit!

what’s your TIMS haircut on your ES options? Durrrr

 

[fullautotrading]

lol so you think circuit breakers are going to save you? It’s a limit move. In commodity futures that trade at limits the vol continues to trade so you can price the synthetic futures off the options.

circuit breakers will simply delay your going debit!

what’s your TIMS haircut on your ES options? Durrrr

You are hopeless my dear anonymous cowardly retard.

I am happy. My investors are happy. The only one unhappy here is you. But it's the world that you are building around you in your narcissistic bubble.

Please, continue with your no-risk, no-DD trades.

I will continue instead to take some controlled risk and print $$$ and also build, with the help of my happy friends, a network of social media, so you can come and shit on them anonymously too, my dear cowardly retard.

Happy?

 

[destriero]

You are hopeless my dear cowardly retard.

I am happy. My investors are happy. The only one unhappy here is you. But it's the world that you are building around you in your narcissistic bubble.

Please, continue with your no-risk, no-DD trades.

I will continue instead to take some controlled risk and print $$$ and also build, with the help of my happy friends, a network of social media, so you can come and shit on them anonymously too, my dear cowardly retard.

Happy?

How is debit risk, controlled? You're net short hundreds of puts. Oh, simulated = control.

 

[destriero]

I call "a trading session" a single run of 1 instance of my platform on a folio.

A single day is meaningless, you cowardly retard.

Compared to your jargon inventions to give presumption of likeliness to your farts, my nonnative efforts appear like naive "baby steps".

This is 564 days.

View attachment 321175

this happened (less than 5% in the red):

View attachment 321176

you cowardly retard.

Have you ever heard of circuit breakers, dear cowardly retard? Do you know how fast is the algo to respond and discharge? Have you heard of long legs? Do you know what a few million lines of code and strict logic are doing there: or do you think they are there just for fun? You poor cowardly retard, LOL

I am sorry to burst your bubble, but we are printing $$$. And apart from tax officers and the general public, for which anything is obviously always a "demo", we print real $$$, you cowardly retard. LOL

Why do you not return to your favorite activity, instead of pontificating here about things you have no clue about?

Go learn some C# and Js. Maybe you can do it too. But remember that the effort to learn to code is less than 1/100 of the effort to be profitable.

Since you do not have enough brains to even write 2 simple lines of code, I can consequently imagine your trading. LOL

At 36 VIX (red arrow).

If we'd dropped another 10% you would have busted!