to destriero (and all others that can help)

[JSOP]

Good question,and I come in peace..I don't know Des,but I do know he is extremely knowledgeable regarding option "math".. I have gained valuable insight from his posts,and FWIW I was the head trader of equity derivatives at a major I B..

With the increasing interest in options nowadays, I heard equity derivatives traders are highly sought after nowadays. Are you thinking of going back to the field working for those institutions or those "houses"?

 

[JSOP]

Why don’t you try being humble and nice to your fellow traders instead of belittling everyone .

That's cuz he's little himself. I often find that it's only the people who are little themselves that belittle others. So usually the best course of action is just to ignore them and then they will just disappear to oblivion.

 

[SammyJ]

P*ssy multinick, look at my avatar pic and ask yourself truthfully if you'd make it out of that alley breathing.

Bya!

Let’s just say you’d be using your supposed millions for new teeth that I assure. It’ll be like Logan Paul tonight . I’m a laid back guy but I’d love to here you crying like a little girl .By the way I’m much bigger than you .But I’m also a former NCAA division 1 wrestling elite and bench 485 .Try being nice to all for a month !!!

 

[JSOP]

Slow down my friend,you may get hurt

Read up on Delta hedging,which I do not believe Des focuses on

Yeah I know about delta hedging and that I can understand can be useful in profiting from volatility but gamma hedging? That does not help in maximizing profit from volatility at all.

 

[destriero]

Let’s just say you’d be using your supposed millions for new teeth that I assure. It’ll be like Logan Paul tonight . I’m a laid back guy but I’d love to here you crying like a little girl .By the way I’m much bigger than you .But I’m also a former NCAA division 1 wrestling elite and bench 485 .Try being nice to all for a month !!!

You had to edit that? Twice?

 

[themickey]

i have been reading your posts on et and am amazed by your knowledge of the options market. i myself have a basic understanding but nothing close to yours. how did you get to this level, and what would you recommend i read to take my knowledge to the next level?

In answer to your question, your best bet is from this thread, realize trading is an art form, trading is moulded to personalities, it's not like engineering or physics which has right and wrong rules.
Either get a mentor (difficult) or work it out yourself, no one is here to hold your hand. Trading in a way is a dog eat dog world, it just doesnt make sense to train for free your stranger competitors.

 

[destriero]

Yeah I know about delta hedging and that I can understand can be useful in profiting from volatility but gamma hedging? That does not help in maximizing profit from volatility at all.

 

[taowave]

@JSOP...Sure it does...Think about it

Realized vol vs Implied..

Delta hedging is gamma hedging...
What causes your Delta to change??

Would you say you are more comfortable when surrounded by yesmen/disciples or people challenging your line of thinking in the hope of helping you?

Yeah I know about delta hedging and that I can understand can be useful in profiting from volatility but gamma hedging? That does not help in maximizing profit from volatility at all.

 

[SammyJ]

You had to edit that? Twice?

Since I’m a nice guy harsh words come hard . But for you I make the exception. Seriously why do you belittle people all the time ?

 

[tonyf]

So much testosterone...chill everyone!

Here is my honest advice to the OP. Go away, get your 3 levels of CFA and obsess about understanding businesses.

Options are just a mean to invest or hedge and nothing else. Too many guys on this forum obsess about the wrong things like option voodoo stuff, the definition of a random walk.

Come back here to widen your horizons...

Edit: but then again, you did not ask for my advice and I don't feel entitled to just throw it at you.