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You are defending short put positions as bearish when you came within a pubic hair of getting blown out on the downside

I know what the marjet deines then as but AI have my own definition. What it actually is comes down to perspective.
 
You are defending short put positions as bearish when you came within a pubic hair of getting blown out on the downside

Short positions are bearish...thus selling a put is bearish. I was bullish BITO in Jan this year which is why I bought a leap.

Within a pubic hair of getting blown out = Lambo usually...it means you have risked a substantial amount based on an expectation. Within a pubic hair of getting stopped out for a small loss not so much.
 
HotTip: MSOX_031524P4 gives 25% at exp for Sx >= K (when traded as CSP, maybe even more when traded as NakedPut).
T=MSOX S=5.53 PUT ED=2024-03-15(DTE=29) K=4 Pr=0.80 CB=3.20 BEP=3.20(-42.13% z=-0.92)
CB means CostBase, BEP means B/E point.
https://optioncreator.com/stsmyn0
Comments / opinions / confirmations? :)

Opportunity since 12:06 :) :
since_12h06m.png
 
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If you are serious,take a look at Orats. ImHO,they have the best backtester on the market...

There is NO inherent edge to selling options over buying them.

Yes there is lol... buying you have premium and time decay working against you.

If you think that you can profit simply from time passing, do you think that the person buying the option from you doesn't understand the concept of the passage of time?
 
If you think that you can profit simply from time passing, do you think that the person buying the option from you doesn't understand the concept of the passage of time?

The performance of an option doesn't depend on what the trader knows, thinks, or believes. It will simply decay over time. From my point of view all I care about is the premium. From the buyers point of view he has to factor in spread, premium, fees, and time decay. As mentioned there is only one way for him to make money and that is for the price to move substantially, in his direction, and in a timely manner...AND even if it does you can get a sticky strike scenario.
 
No,it may not necessarily decay over time...
Any and Everybody with an IQ over 70 cares about the "premium"..You arent special..
Sellers dont care about spread premium fees???

Sticky Strike Scenario ??? Stay in your lane Bro..You are the same guy who said selling put was a bearish play...
 
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