VolSwan Profile picture
"Positive Expectancy, Asymmetric Payoffs, Hedged Tail Risk, Is how a Swan Trades " - Vol Swan. We are all Underdogs, the sky Is not the limit my friend :)
Cray Profile picture 1 added to My Authors
May 21 5 tweets 3 min read
Resources for beginners Interested In options/vol trading.(1/n) Starters(2/n):






tastytrade.com/shows/geeks-on…
May 19 4 tweets 1 min read
I have answered both of Scammetrics questions, he didn't even answer my question once. What a fool. Calls me a larp, but this is a real question that real vol traders would know the answer too. As it's not theory(that I can read anywhere.) it's reality.
May 11 5 tweets 1 min read
An explanation for why put skew falls relative to ATM vol during crashes/intense fear. When Institutions buy 2-3 SD otm tail puts, they buy them to limit their drawdowns In the future in case we get sudden Intense tail move to the downside, key word future.
Apr 26 5 tweets 1 min read
If you want to change your life, start being real with yourself. If you’re a loser, admit it and ask why? and find solutions to change your current situation. The Cold Hard Truth Is what is needed, stop running from your demons and confront them. We live in a society that tells us It's ok to run away from our demons and chase instant gratification. No wonder why so many people nowadays are unfulfilled and not reaching their full potential. We are all underdogs my friend.
Mar 1 5 tweets 2 min read
Tail hedging alpha: If you want to structure almost a win, win tail hedging bet. Look for assets that are exhibiting higher relative momentum and place put ratio trades(short ATM, 2x long tails. in the backend of the curve) (1/n). 90 - 120 dte(seems the sweet spot, manage 30 - 60 days In.)
I have also noticed that equities that exhibit higher relative momentum not only breach the Implied move but often have much flatter put skew(thus causing the tails to be relatively cheaper.)(2/n)
Feb 5 10 tweets 3 min read
#ES #VIX #UVXY #SPX #SPY #VXX Basics of long IVOL scalping/gamma trading.
So you might have heard of a straddle(call + put, same strike.) You have probably heard of it being a pure vol play. (1) But what does that exactly mean, you might say it means an IV play. This is correct to a certain extent, however straddles aren't just a bet on IV. They're both a bet on IV and RV? You might be asking what Is RV? (2)