@michaellistman When you roll, do you always/usually wait until EOD? How close to the close are you willing to wait without fear of assignment? Thanks!
@selling_theta By Wed’s close there wasn’t much in vols that was screaming, “we’re exhausted and ready to collapse.” I’d play it the same again even though the 15% loss I booked Wed would have only been ~3% had I held to today. Continuation felt more likely than full throttle reversal.
@marketplunger1 Well, damn - I had no idea. I still go back from time to time. I'll definitely reach out when I do. Kulok and I already have "plans" to grab a beer next time I'm in town.
@marketplunger1@PeterLBrandt@TechCharts@the_chart_life ...he brought his family to one of the restaurants for dinner and invited @the_chart_life, who joined as well. Such great people and so generous with sharing knowledge. As terrible as FinTwit can be, there are also folks out there like Ian from whom anyone can learn so much.
@marketplunger1@PeterLBrandt@TechCharts@the_chart_life When I first was getting into trading more seriously a few years back but still owned my restaurants, a FinTwit fellow named Edward Riley said he was coming to DC and looking for recommendations, so I reached out and shared some ideas (I lived in DC at the time)...
@EchoParkTrader @selling_theta I think he's saying it's not a great setup to be short vol, but I could be wrong.
With spot already so close to March VX w/two full weeks before March expiration, there's a lot of time but not much downside pull that spot can inflict upon March when they're already so close.
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A quick primer.
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