Mmm. Scratches head. I drop in on Dough traders every so often to see what they're doing, see if they spot something I've missed etc.
With the addition of a couple of new traders, the follow page has gotten "funkier" with a movement away from simplicity (spreads, IC's, strangles for premium selling) to some of the more oddball stuff out there (seein' too many Jade Lizards ... ).
The other thing: wayyy too much trigger pulling on premium selling plays around earnings where the IV just isn't there to make the play worthwhile for my delicate tastes. If you like to pick up like $25/contract a play after fees and commissions (assuming all goes honkey dorey), then, by all means, copy those trades, but what happened to the Market Measures standard of IVR of >70% and IV>50%? Some of these earnings plays IVR's are sub-50, the IV even lower, for goodness sake, and they're still pulling the trigger. Lol.
Be picky. Stay picky.
With the addition of a couple of new traders, the follow page has gotten "funkier" with a movement away from simplicity (spreads, IC's, strangles for premium selling) to some of the more oddball stuff out there (seein' too many Jade Lizards ... ).
The other thing: wayyy too much trigger pulling on premium selling plays around earnings where the IV just isn't there to make the play worthwhile for my delicate tastes. If you like to pick up like $25/contract a play after fees and commissions (assuming all goes honkey dorey), then, by all means, copy those trades, but what happened to the Market Measures standard of IVR of >70% and IV>50%? Some of these earnings plays IVR's are sub-50, the IV even lower, for goodness sake, and they're still pulling the trigger. Lol.
Be picky. Stay picky.
Fireworks are fun ... as long as you don't blow your fingers off.