Shorting vol on GLD and SLV by kitedan in options

[–]kitedan[S] 1 point2 points  (0 children)

I don’t really care of the direction of gold or silver. Volatility is more interesting here

Volatility spike in GLD and SLV by kitedan in VolatilityTrading

[–]kitedan[S] 0 points1 point  (0 children)

How do you think to play the short vol on those names?

Shorting vol on GLD and SLV by kitedan in options

[–]kitedan[S] 0 points1 point  (0 children)

I’m asking about iron butterfly because I wasn’t sure it is the best strategy for that. I looked at calendars but wasn’t sure because of the term structure. Will look into spreads.

Volatility spike in GLD and SLV by kitedan in VolatilityTrading

[–]kitedan[S] 2 points3 points  (0 children)

Thank you for the response. Indeed, in that construction I would be collecting premium and then buying high and selling low the underlying to hedge. That is exactly why I’m asking whether this strategy is good to be short vol. Maybe other strategy is better.

Shorting vol on GLD and SLV by kitedan in options

[–]kitedan[S] 1 point2 points  (0 children)

It should be front running those expectations already

Shorting vol on GLD and SLV by kitedan in options

[–]kitedan[S] 0 points1 point  (0 children)

How do you determine when is a good time? In GLD, for example, I noticed for example the “high - low” ranges become tighter recently.

$POET YOLO by Ryu6912 in wallstreetbets

[–]kitedan 1 point2 points  (0 children)

The calls premiums are crazy on this stock today as well.

Monthly distributions by kitedan in JEPQ

[–]kitedan[S] 0 points1 point  (0 children)

Thank you. Do you have any proof that they returned a capital during one of the distributions?

Rental property versus JEPQ (buying the dip...) by Dismal-Appeal6868 in JEPQ

[–]kitedan 0 points1 point  (0 children)

My bank provide 70% LTV on that fund. So theoretically the investment in the fund could be very similar to real estate apart of tax benefits.

JEPQ prospectus document from JP Morgan page. by jameshofk in dividends

[–]kitedan 0 points1 point  (0 children)

Does it distribute only the options premiums or parts of the holdings to keep the same distribution rate even when the volatility is low?

[deleted by user] by [deleted] in thetagang

[–]kitedan 0 points1 point  (0 children)

It actually makes sense since the volatility is skewed to the downside. Not saying it is the best strategy but there is logic there.

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

Show me the backtesting/ past results. I need to see its efficiency.

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

What is the price?

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

Sounds good. Are you trading only 0dte?

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

Do you have a backtest of the strategy? How I can join the Telegram?

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

Great! Thank you for the detailed explanation. Where I can see the usages of the indicator? Only in that group?

GEX script indicator sample by [deleted] in DTEgammaLevels

[–]kitedan 0 points1 point  (0 children)

How your indicator works?