Biggest issues i had seen in option writer they fear with gapdown only. But in reality mkt nature atlast go up and iv construction such u can escape n manage easily in fall also downside limited loss. Only issue is u r taking high leverage position. Only God can save u. #option
Downside u can roll position without management until mkt recovery (only for index). But in other hand upside unlimited losses, low iv and very hard to roll bcoz no one can say mkt when crash or come down next time only range extension n stop work.
Thats why i hv seen ppl Trading reverse jade lizard (few say twisted sister) but mostly option writer trade normal jade lizard. Nowadays happy to see ppl started shorting put which is good investment plan.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
