Long-scalping equity options against time decay and market drift

[fullautotrading]

Couple of bits that stand out that I don't get, like the above...And this below...

View attachment 321824

So the strategy is basically to collect premium by selling farOTM puts on ES, yes? And each one of those "legs" is 50 options?

Who the hell is buying them? At what point did you sell those?

Above, you are showing a roll I guess from Sep 2022 puts to Jun 2023 puts...When did you roll that?

My main point is how can there be people buying such far OTM puts, (much less 50 of them?!?) you write today for the ES to be below 3000, and as low as 2550? That is some real damned pessimistic market outlook.

> And each one of those "legs" is 50 options?

You are misunderstanding the meaning of the label. The 50 you refer to is the instrument multiplier. You could not possibly be short of that many options, obviously, I am not Warren Buffet, LOL

Example:
ES FOP 20231117 4200 P CME 50 E-mini S&P 500 [EW3X3 P4200, 593587272, mult: 50]

(I always append the instrument multiplier in my labels, unless it is 1)


> So the strategy is basically to collect premium

No, the main idea is not to collect the premium. I have explained it many times. The idea is a continuous balance of long/short by modulating the position to collect those "scalps". Then there are additional sources contributing to the overall edge and causing that PNL slope of 570 days, as I have already explained many times.

How you roll is quite arbitrary, simplistically said, the main purpose of the "rollover" (or more precisely "information transfer") is "stop-loss-order recovery" and transfer of the trading information, so that it can be used strategically for the next orders. Clearly, always with an eye to the global payoff scenario.

 

[Overnight]

Then there are additional sources contributing to the overall edge and causing that PNL slope of 570 days,..

Well, without going through 58 pages to find that, what else are you trading again? I assume it must be much more than the CME else you would not need a portfolio margin account.

 

[destriero]

Haha, you deleted the 4 highly

I replaced one post. You've deleted two on this page alone. Same number of posts for me.

 

[fullautotrading]

Why did you delete your last? Searching?
https://www.datatime.eu/public/gbot/

Please do not put all that empty blank space in your posts, it is very annoying.
Why do you do that?

Also, I have removed nothing. Why should I remove anything?
Here you are the hysterical retard until proven otherwise

 

[destriero]

Well, without going through 58 pages to find that, what else are you trading again? I assume it must be much more than the CME else you would not need a portfolio margin account.

It's sim, bro. Their sim-accounts default to PM. He doesn't need a PM-account to benefit from SPAN-treatment.

 

[fullautotrading]

Well, without going through 58 pages to find that, what else are you trading again? I assume it must be much more than the CME else you would not need a portfolio margin account.

My friends can trade anything they like. I just provide the technology, for free One just wishes to keep away thousands of mosquitos LOL

 

[destriero]

Please do not put all that empty blank space in your posts, it is very annoying.
Why do you do that?

Also, I have removed nothing. Why should I remove anything?
Here you are the hysterical retard until proven otherwise

You deleted the post in which you added your reply inside my quote and replaced it with post 569. Is there nothing you won't lie about?

















































































The "Tommaso Gastaldi fraud" removed a wall of test from his scam-site. Must be concerned about regulators.

https://www.datatime.eu/public/gbot/

 

[Overnight]

My friends can trade anything they like...

Well that's not totally true if a portfolio account is required. To need a PM account means that one cannot trade JUST instruments under SPAN, as dest mentioned.

 

[destriero]

Well that's not totally true if a portfolio account is required. To need a PM account means that one cannot trade JUST instruments under SPAN, as dest mentioned.

Dude, he thinks he needs PM to receive margin treatment on ES. He doesn't realize that PM doesn't apply to ES.

 

[fullautotrading]

Dude, he thinks he needs PM to receive margin treatment on ES. He doesn't realize that PM doesn't apply to ES.

It's good to finally find something that you realize and I don't LOL

As said, my friends can trade anything they like. Even in this illustration, we used SPX, as shown in the tickers.

I have obvious requirements to keep mosquitos away Otherwise, I am literally flooded by penniless plagiarizers or retards like you

(I can only focus on relatively few selected "good friends" ($$$), I cannot and do not want to be after thousands of people. Also because my real final purpose is not that.)