Loved this piece by , on the sorts of practice sessions he went through as a young trader.
I can totally see how this sort of thing leads to better practice outcomes: moontowermeta.com/mock-trading-o
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I just finished reading your latest tacit knowledge post like 5 min ago. Love the distinction of scientist vs practitioner bar. That whole series is dense but such a great topic. How do we acquire what look like superpowers. What's better than that!
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Noob here. “So the combo plus these 200 55 puts means you legged buying 200 55 calls for $1.95”. But there’re only 10,000 synthetic stock from the combo. How is 10k stock + long 200 puts = long 200 calls, everything ATM/0.5 delta?
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Absolutely great catch!
Almost 500 people have read this post including some that were in my training and nobody inc me noticed that. I will edit the post today to just double the number of combos to 200 on the 65 strike. This will also affect the final P/L but that's all. 👍
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