Tuesday, March 22, 2016

they never say "no"

DM : Even call writers feeling heat now in this rally....

Js : imo operators are 95% writers. they never feel the heat wherever the market goes. they write all strike prices unconditionally. they just charge (much) more premium for the strike prices where they are planning to take the market or expect it to go. they are great shopkeepers. they never say no to write any strike price, any kind of option when someone asks for or is willing to buy. options spread anaylses should be done with this in mind.

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