Quote from cvds16:
I'd like to repeat myself: 'anything can happen'![]()
that's the reason I don't go overnight aymore with anything and as an option trader in the past was always deltahedged to the last 50 delta's and either long gamma or only very very slightly short gamma if I got compensated enough in my theta.
Personally I prefer silvers low beta and extremely excessive alpha which is why I just stay long in this trade.
