/biz/ - Business & Finance

>>57130523
A common catchphrase, although I don't think that it applies to someone who is always net short the market like am (even when I'm bullish) to blow up my account would require almost a 30% gain in the /es in one 30-60d monthly option expiration while I'm not paying attention to my Greeks.

>>57130680
The best resource if you literally know nothing is probably Tastytrade. I disagree with some of their methods, but their core strategy mirrors mine. In fact, I've never met a successful long-term net option seller which does not follow the core concept of +theta, -delta and selling into vol expansion. I think every other strategy is a net loss as this is the only way to take advantage of the fact that historically vol is too expensive.