Remember this:
Options are curves, not 45-degree lines
A mindset shift that changes how you think about trading options.
If you're a long-short portfolio manager who just buys or sells shares, you're trading a bunch of 45 degree lines in terms of payoffs.
That's a delta-one style of trading. Those are delta-one payoffs.
What I want you to understand about options is that these are not delta-one linear payoffs. These are curved payoffs.
You are not trading 45 degree lines when you're trading options. You're trading curves.
And those curves are going to be different shapes. They'll be much more linear if they're long dated. If they're short dated, they're going to have much more curvature, and they're going to be collapsing into the hockey stick at expiry.
Once you understand this concept it becomes a lot easier to think about options.
21 fat loss tips I WISH I could go back in time and tell 18 year old me.
It would have saved me YEARS of frustration...
1. The BEST way to lose fat is 500 calorie deficit, plenty of protein, and a full body strength training plan
No need for crazy fasts
No need to starve yourself
No need to avoid certain foods
Nothing fancy
Stick to the basics, every single day
2. You WILL NOT lose fat if you're not in a calorie deficit.
3. You can eat carbs, just don't eat too many carbs. Donuts and Doritos are not "carbs", they're junk food.
4. Eat more protein - at LEAST 1 gram per pound of lean body mass, and even more is probably a good idea.
5. Get strategic with your calories. Eat less on some days and "save them" for other days you can scratch the "itch" of being able to eat more when you want to.
6. Skip breakfast. You won't die. And it's a simple way to eat bigger meals if you eat just 2 of them per day.
7. You don't need to jog or sprint to lose weight, but being on your feet and walking more is always a great idea. Aim for 8k steps per day, minimum.
8. Your diet is always your 1st step w/fat loss. You can run an hour every day; if your diet is shit, you won't lose weight.
9. If you have to snack, snack with high protein foods like beef jerky, deli meat, and Greek yogurt. It fills you up better.
10. Drink 20 ounces of cold water when you wake up, before you work out, after you workout, and before each meal. Thirst is often mistaken for hunger.
11. If looking good is one of your goals and you don't strength train with your full body, you're doing it wrong.
12. Don't worry about one day's scale weight, only worry about the trend over time.
13. Take body measurements once/week; they're more reliable than scales
14. Go to bed earlier, you don't need to watch that stupid show you're watching.
15. Get a food scale and use it; stop eyeballing your portion sizes.
16. Stop drinking booze and fat loss gets a million times easier (as does a LOT of other things as well).
17. Weekends make or break your diet...
18. Diet drinks are great tools, drink more of them.
19. ZERO foods cause fat loss, so stop putting coconut oil in your coffee to "hack your metabolism", dummy.
20. Eat the same things for the following meals:
- Weekday breakfasts
- Weekday lunches
- Weekend "brunches"
Dinner varies, but this way you only need to plan ONE meal each day instead of 3.
21. Never, ever, ever, ever give up. You'll be fit eventually. Everyone who puts in MAX effort daily gets the job done.
Fitness is the ONLY domain on earth where this is literally how it works.
And guess what?
It's worth it.
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I'm opening up 3 spots in my 1:1 coaching program for people who need help.
We've been churning out wild transformations since 2013.
If you want to chat about your situation and see if you qualify, check out the next tweet.
@conductr_ When you channel your energy into a higher cause, people can sense it. They can sense you don't need them; and there's something energetically powerful about a self-sufficient person on a mission.
when Carl Jung said “no matter how isolated you are and how lonely you feel, if you do your work truly and conscientiously, unknown allies will come and seek you out”
The world will misunderstand you if you want to be great.
That’s part of the deal.
Most people only understand goals that fit inside their own limitations.
https://t.co/jonpVZf2tW
Readiness is not a feeling. It's a decision.
The voice in your head that says you're not ready is not protecting you. It's just stopping you from finding out what you're actually capable of.