Dr.Vega

-Volatility Derivatives Strategist & Godfather
- AIAF Ordinary Associate

[Dr.Vega @HenryBowels]

The Entropy H(K) Implied in Options at a Strike K.

[Dr.Vega @HenryBowels]

Implied probability is a measure of the market's expectation of the likelihood that a specific event will occur. It is calculated using the implied volatility of the option and represents the market's consensus estimate of the probability of a particular outcome (Strike Hit).

[Dr.Vega @HenryBowels]

@Lorenzo32843904 La finezza della posa poi....

[Dr.Vega @HenryBowels]

@Lorenzo32843904 UAHUAHUAH

[Dr.Vega @HenryBowels]

So a Diagonal Spread could be the Real Alternative!

[Menthor Q @MenthorQpro]

12/ Conclusion:

An Iron Condor is not automatically a theta trade.
Sometimes it's a true premium-selling strategy.

Sometimes it's a directional trade wearing a theta costume.

Understanding the difference can completely change how you manage risk.

Not financial advice.

[Dr.Vega @HenryBowels]

At 4 dte, yesterday, vix volatility from variance is 196%, june Expiry. Strike 35 quote 21 bps. Probability Distribution implied is 98%. Now VIX mean reversion has started

[Dr.Vega @HenryBowels]

@SalvOasi Indagine su un cittadino al di sopra di ogni sospetto

[Dr.Vega @HenryBowels]

@blasi_dari61641 Si ma pari merito con 1996/97

[Dr.Vega @HenryBowels]

@DataFutebol Hann what a fucking goal vs italy

[Dr.Vega @HenryBowels]

@ThatG4m CASSANOOOOO

[Dr.Vega @HenryBowels]

@SalvOasi Era il 1969, Stanely Kubrick gira il suo capolavoro.
2001, Odissea Nello Spazio

[Dr.Vega @HenryBowels]

@LegacySiu Cassano

[Dr.Vega @HenryBowels]

VIX at 21.51. This is the ATM ($22 Strike) Gamma exposure

[Dr.Vega @HenryBowels]

VIX Volatility for June Expiry, Expected price at 25

[Dr.Vega @HenryBowels]

VIX Volatility for June Expiry, Expected price at 25

[Dr.Vega @HenryBowels]

@TedPillows A noi

[Dr.Vega @HenryBowels]

Infact!

[SpotGamma @spotgamma]

spicy...

COR1M

[Dr.Vega @HenryBowels]

@pickover Fa solo cagare

[Dr.Vega @HenryBowels]

@pickover Really? My God

[Dr.Vega @HenryBowels]

VIX Variance next Monday (11 days-to-exp) according to vix level, COR1M index and potential Gamma Squeeze could be this

[Dr.Vega @HenryBowels]

VIX Net GEX 17 June Expiry about -11.7 M.
VX1=17.59
Gamma Squeeze is possible if investors will begin to buy massive cheap vix futures.
MM should rebalance a huge negative Gamma buying underlying & OTM Options.

[Menthor Q @MenthorQpro]

1/ Most traders know delta.

Some know gamma. Very few understand vanna.

Yet when markets make moves that seem disconnected from price action, vanna is often part of the explanation.