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Option Question about Delta
- Thread starter the
- Start date
Quote from atticus:
I was referring to selling a call option on his ability to trade at a profit. I think you finally got the slur, but too late to let it slide. Now you're attempting to cover the queef by playing butch.
You went into a psychotic tangent about hit-rate. You're correct, lol, delta doesn't play a role, but your reply was so bizarrely out of place that it deserved a response. Ironically, if delta did play a role you would have to ack. the fact that it's *casually* interchangeable with prob. Within 5bp, right Champ?
Ask yourself why Marti is still crying in the corner.
Not 5bp's, 5 cents.
The tangent is the equivalent of taking atm call option trades with delta's of 0.5 or 50%. Casually, yes, it's within the range predicted by delta's previous value from the change in the underlying the following period.
Quote from bwolinsky:
Not 5bp's, 5 cents.
The tangent is the equivalent of taking atm call option trades with delta's of 0.5 or 50%. Casually, yes, it's within the range predicted by delta's previous value from the change in the underlying the following period.
Show some restraint. The upside is that you know that you can't possibly fuck this further sideways.
Quote from atticus:
Show some restraint. The upside is that you know that you can't possibly fuck this further sideways.
It's true, I can't, unless I bring in the binomial probability model!
Would you like to test 5 stocks, calculate their deltas, and track them to confirm the 5 cent rule?
Where are the answers to the good questions on this thread?
dvega/ddelta/dvamma/dfuckyou/etc are not answers.
dvega/ddelta/dvamma/dfuckyou/etc are not answers.
Quote from tradingjournals:
Where are the answers to the good questions on this thread?
dvega/ddelta/dvamma/dfuckyou/etc are not answers.
I think they might be in the first 25 pages somewhere, but, my answers, more specifically, whether you like the numerical example I tried to come up with, do provide the information required to know what delta is for, and I'm not going to repeat it here, because I said it more than 5 times.
Do some reading.
Quote from bwolinsky:
Do some reading.
Show me something that is of positive value.
BTW: what happened to your bearishness on the QQQ/market at the latest bottom. It is documented in my thread. I assume you have been reading it. Here is the link:
http://www.elitetrader.com/vb/showthread.php?threadid=232731