- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Wanna yolo? Buy some calls on volatility.
Posted on 3/14/24 at 6:26 pm
Posted on 3/14/24 at 6:26 pm
Are you a regard? Do you wanna yolo? Tomorrow is triple witching with nearly $1T notional in derivatives expiring and it’s 95% calls. Dealers been dumping their hedge all week. Grab some OTM calls on VIXY, UVXY, or other related VIX product. Delta 20-40 depending on how much of a regard you are. April 19 expiration is ideal. This is not financial advice.
Edit: I’m holding VIXY $15Cs for this Friday and also April. Plus calls on SQQQ and SOXS.
Edit: I’m holding VIXY $15Cs for this Friday and also April. Plus calls on SQQQ and SOXS.
This post was edited on 3/14/24 at 6:29 pm
6
Posted on 3/14/24 at 6:31 pm to BourbonDad
This board has no idea what you’re talking about.
Posted on 3/14/24 at 6:55 pm to CecilShortsHisPants
quote:
This board has no idea what you’re talking about.
I’d say that you’re largely correct. But his YOLO has more substance than 99% of the ones that get floated on here. I've been following his posts for awhile and he’s not a great pretender (although that is a cool song
). Learning about options is not as difficult as many make it out to be. There’s a learning curve, as with anything, but it can be a very lucrative and sustainable pursuit… if done with a serious, businesslike attitude.
Posted on 3/14/24 at 7:05 pm to Jag_Warrior
I was joking, sounds like a copy/paste from WSB
I just learned “regard” the other day.
I just learned “regard” the other day.
Posted on 3/14/24 at 7:23 pm to Jag_Warrior
Thanks Jag. I have a website/substack I post weekly on with my thoughts and views but I also have some good options 101 stuff. Not sure about the rules on linking or sharing third party stuff.
Posted on 3/14/24 at 7:39 pm to CecilShortsHisPants
Ok, so I’ll ask. What is a regard?
Posted on 3/14/24 at 7:45 pm to BourbonDad
delta 20-40 on the strike price? I'm very impressed but drop us some more hints in layman's terms
Posted on 3/14/24 at 7:45 pm to Mo Jeaux
“Regard” is an intentional mispelling of “retard”. Its used in nearly every post on wallstreetbets nowadays.
Posted on 3/14/24 at 7:54 pm to Jag_Warrior
quote:
Learning about options is not as difficult as many make it out to be.
Do you have any recommendations on resources for beginners to start learning?
Posted on 3/14/24 at 7:56 pm to barbapapa
Yeah, I prefer buying an option that’s a little out of the money. So I choose my strike based on delta then make sure the chart and everything else supports it reaching that strike plus more with plenty time left to expiration. It’s also a better way to communicate a trade regardless of product if that makes sense.
Posted on 3/14/24 at 7:58 pm to bobdylan
ProjectFinance on YouTube has a great in depth guide. He puts out good content for people new to options.
Posted on 3/14/24 at 7:59 pm to BourbonDad
Thank you, I will check it out.
Posted on 3/14/24 at 8:59 pm to bobdylan
Options is a zero sum game. Someone is going to lose. High risk, high rewards.
Posted on 3/14/24 at 9:19 pm to GAFF
No offense, but that’s a very popular myth.
Posted on 3/14/24 at 10:12 pm to BourbonDad
Looking at this!
Posted on 3/15/24 at 2:56 pm to Jag_Warrior
How is it a myth?
Someone sells the call or put. Someone buys it. It may be sold many more times until expiration but when it expires someone is holding it. Either it expires worthless and the holder is out of money or it is assigned and the seller takes a loss (from its current stock value). Unless I’m misunderstanding how options work.
Someone sells the call or put. Someone buys it. It may be sold many more times until expiration but when it expires someone is holding it. Either it expires worthless and the holder is out of money or it is assigned and the seller takes a loss (from its current stock value). Unless I’m misunderstanding how options work.
Posted on 3/15/24 at 3:10 pm to GAFF
Yes you do misunderstand options badly. 95%+ of volume isn’t between you and another person like me. It between you and a dealer who uses a hedging algo to buy and sell the underlying asset such that he has zero directional risk and simply collects the premium. Something Jag and I do. One side almost always wins (the dealer/market maker) but that doesn’t mean it’s a zero sum game either.
Posted on 3/15/24 at 3:47 pm to BourbonDad
quote:
BourbonDad
Would like to read your weekly post on your website. What is the link? If not can email to tgoat2004@gmail.com
Posted on 3/15/24 at 4:11 pm to BourbonDad
quote:Just chiming in to say you're full of shite and nobody should listen to you on any of this nonsense.
BourbonDad
Wanna yolo? Buy some calls on volatility.
Are you a regard? Do you wanna yolo? Tomorrow is triple witching with nearly $1T notional in derivatives expiring and it’s 95% calls. Dealers been dumping their hedge all week. Grab some OTM calls on VIXY, UVXY, or other related VIX product. Delta 20-40 depending on how much of a regard you are. April 19 expiration is ideal. This is not financial advice.
Edit: I’m holding VIXY $15Cs for this Friday and also April. Plus calls on SQQQ and SOXS.
If any of this was durably repeatable, you'd be a kajillionaire.
I'm not saying you don't understand the fundamentals of options. I'm saying you're ridiculous for thinking it's possible to be good at what you're talking about.
Posted on 3/15/24 at 4:17 pm to Big Scrub TX
lol alright buddy you’re right. There did that stroke your ego enough? Do you feel better getting that off your chest?
So to recap: I’m full of shite but you think I understand the fundamentals of options but it’s too complicated for your smooth brain to understand, therefore it can’t possibly work.
Got it thanks pal
So to recap: I’m full of shite but you think I understand the fundamentals of options but it’s too complicated for your smooth brain to understand, therefore it can’t possibly work.
Got it thanks pal
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News