would love to know how the average TastyTrader has done in this

[NewTraderAdventure]

under the EXPERT guidance of Tom

 

[jamesbp]

under the EXPERT guidance of Tom

Sossy was essentially short strangles across 80+ different tickers
... and by his own admission ... his short delta was good for the first 3% drop

When the tide rolled out
... Sossy was found completely stark bollock naked ... except for his beret !

 

[zdreg]

Sossy was essentially short strangles across 80+ different tickers
... and by his own admission ... his short delta was good for the first 3% drop

When the tide rolled out
... Sossy was found completely stark bollock naked ... except for his beret !

Picture please! "when the tide rolls out we know who the naked king is."

 

[NewTraderAdventure]

Sossy was essentially short strangles across 80+ different tickers
... and by his own admission ... his short delta was good for the first 3% drop

When the tide rolled out
... Sossy was found completely stark bollock naked ... except for his beret !

3% ???

That gets wiped out on the bid/ask now

 

[ironchef]

under the EXPERT guidance of Tom

Must be printing $ writing calls, all expired worthless.

 

[zghorner]

could you imagine selling a bunch of puts a month ago because stonks only go up?

 

[ET180]

Must be printing $ writing calls, all expired worthless.

That's what I did. Started selling calls aggressively once the drop started. Certainly did not offset the loss from my existing longs and I wish I closed more positions earlier. But it helped.

 

[ironchef]

That's what I did. Started selling calls aggressively once the drop started. Certainly did not offset the loss from my existing longs and I wish I closed more positions earlier. But it helped.

I should have follow you. Where were you when I needed you?

 

[Pekelo]

Like most traders, they are losing money FASTER due to volatility.

This morning most put holders on reddit got caught by the fed's money printing and futures being limit up. Very few people can hold, thus they will sell with a loss.

 

[themickey]

Like most traders, they are losing money FASTER due to volatility.

This morning most put holders on reddit got caught by the fed's money printing and futures being limit up. Very few people can hold, thus they will sell with a loss.

When the market looks too obvious, gtfo!