The account is up 4.38% since inception on February 2, 2020. Not too bad for 12 days! Have a great weekend.
Sweet Bobby the Super Trader
- Thread starter Sweet Bobby
- Start date
It's a shame there's a couple of tossers on this thread spoiling what may turn out to be a very useful journal for those of us who like to sell options.
@Sweet Bobby , as you already know, you don't need to prove yourself to anyone, esp a guy who calls himself Poop Dick (a very appropriate handle if ever there was one), or whatever. He's actually desterio in re-incarnation. Even if he didn't confess it another thread (https://www.elitetrader.com/et/threads/short-strangles-via-tastytrade.340490/page-2#post-5014314), his cryptic, autistic, socially-retarded manner gave it away pretty quick.
Pls carry on posting your trades, and outcomes.
@Sweet Bobby , as you already know, you don't need to prove yourself to anyone, esp a guy who calls himself Poop Dick (a very appropriate handle if ever there was one), or whatever. He's actually desterio in re-incarnation. Even if he didn't confess it another thread (https://www.elitetrader.com/et/threads/short-strangles-via-tastytrade.340490/page-2#post-5014314), his cryptic, autistic, socially-retarded manner gave it away pretty quick.
Pls carry on posting your trades, and outcomes.
This is exactly the kind of pointless comment that's spoilt many a journal here - if you don't like selling options, then stay away from this thread. Simple. Let the rest of us have a meaningful conversation.
Chill bro, bit of fun won't kill the thread.
Slow holiday market, but I do like /ES because it was open until 1 PM today. The small account is up 8.8% since inception on February 3, 2020. Happy Trading!
As a short premium seller, I have to develop various methods to hedge the portfolio. Here's the risk profile of my current hedges. I never know when the black swan event will happen, so I have to maintain the hedge at all times.
The main question is how much expense should I allocate to my hedging? I use skew to help me decide when to enter the various legs of the hedge. Some of my hedges I actually expect them to make money and I put them on when I anticipate market conditions to move in the direction of the hedge.
What are some of the ways that you hedge your portfolio?
The main question is how much expense should I allocate to my hedging? I use skew to help me decide when to enter the various legs of the hedge. Some of my hedges I actually expect them to make money and I put them on when I anticipate market conditions to move in the direction of the hedge.
What are some of the ways that you hedge your portfolio?
I fade @Sweet Bobby
I'm not sure why the sudden drop in the market. I'm sure someone, somewhere just made a comment that shook things up. I used the opportunity to add to my hedge by selling a few naked puts. I hedged the naked puts with a few long puts in a different expiration. \
Check out the lift power with a market drop and an increase in volatility:
Check out the lift power with a market drop and an increase in volatility: