Option Buying Strategies (Long Volatility Strategies)
These Strategies to be followed when you expect Big moves or increase in Volatility.

A Thread🧵:

Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited upside
Risk: Premium paid
POP: Low
Simple Long Put:

View: Very Bearish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited downside
Risk: Premium paid
POP: Low
Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited
Risk: Premium paid
POP: Low
Call Debit Spread:

View: Bullish
Strike: Should be selected such that max profit is at least 2x of max risk
Reward: Limited
Risk: Limited to the net premium paid
POP: higher than pure call buy
Margin: approx 18k per lot required
Put Debit Spread
View: Bearish
Strike: Should be selected such that max profit is at least 2x of max risk
Reward: Limited
Risk: Limited to the net premium paid
POP: higher than pure Put buy
Margin: approx 18k per lot required
Long Straddle:
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Limited to the net premium paid (high)
POP: high
Long Strangle:
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Limited to the net premium paid (Lower than Straddle)
POP: Lower than Straddle
Long Guts:
Similar to Strangle but buying ITM options
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Rwrd: Unlmtd
Risk: Lmtd to the net premium paid (< Straddle)
POP:
Strip:
Buy 2 lots of ATM Put and Buy 1 lot of ATM Call
View: Big move in either direction (Bearish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (high)
POP: high
Strap:
Buy 2 lots of ATM Calls & Buy 1 lot of ATM Put
View: Big move in either direction (Bullish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (high)
POP: high
Long Iron Fly

View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Call ButterFly (Same as Long ironfly but made only from Calls)
But sometimes better rewards
View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Put ButterFly (Same as Long ironfly but made only from Puts)
But sometimes better rewards
View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Iron Condor
View:, Big Move expected in either direction
When to make: When market is rangebound for long time & Big move is expected or an event is upcoming
Reward: Bigger
Risk: < IronFly
POP:
(also have Similar results for Long Call Condor & Long Put Condor)
Bullish Long Call Ratio Spread
Short ATM Call & Buy 2 OTM Calls less than half price of ATM Call
View: Bullish
When to make: When market is rangebound for long time & move is expected upside
Reward: Unlmtd upside & Limited downside
Risk: Lmtd if market is rangeboud
POP: Very High
Bearish Long Put Ratio Spread
Short ATM Put & Buy 2 OTM Put less than half price of ATM Put
View: Bearish
When to make: When market is rangebound for long time & move is expected upside
Reward: Unlmtd downside & Limited upside
Risk: Lmtd if market is rangeboud
POP: Very High
Strangled Strip
Buy 2lots of OTM Put & Buy 1lot of OTM Call
View: Big move in either direction (Bearish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (low)
POP: low
Strangled Strap
Buy 2lots of OTM Call & Buy 1lot of OTM Put
View: Big move in either direction (Bullish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (low)
POP: low

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Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.

He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...


... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:


Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.

Tweet: https://t.co/36FnYnsRT9


Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."

I wonder why...

Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x


Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.

Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq

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शमशान में जब महर्षि दधीचि के मांसपिंड का दाह संस्कार हो रहा था तो उनकी पत्नी अपने पति का वियोग सहन नहीं कर पायी और पास में ही स्थित विशाल पीपल वृक्ष के कोटर में अपने तीन वर्ष के बालक को रख के स्वयं चिता पे बैठ कर सती हो गयी ।इस प्रकार ऋषी दधीचि और उनकी पत्नी की मुक्ति हो गयी।


परन्तु पीपल के कोटर में रखा बालक भूख प्यास से तड़पने लगा। जब कुछ नहीं मिला तो वो कोटर में पड़े पीपल के गोदों (फल) को खाकर बड़ा होने लगा। कालान्तर में पीपल के फलों और पत्तों को खाकर बालक का जीवन किसी प्रकार सुरक्षित रहा।

एक दिन देवर्षि नारद वहां से गुजर रहे थे ।नारद ने पीपल के कोटर में बालक को देख कर उसका परिचय मांगा -
नारद बोले - बालक तुम कौन हो?
बालक - यही तो मैं भी जानना चहता हूँ ।
नारद - तुम्हारे जनक कौन हैं?
बालक - यही तो मैं भी जानना चाहता हूँ ।

तब नारद ने आँखें बन्द कर ध्यान लगाया ।


तत्पश्चात आश्चर्यचकित हो कर बालक को बताया कि 'हे बालक! तुम महान दानी महर्षि दधीचि के पुत्र हो । तुम्हारे पिता की अस्थियों का वज्रास्त्र बनाकर ही देवताओं ने असुरों पर विजय पायी थी।तुम्हारे पिता की मृत्यु मात्र 31 वर्ष की वय में ही हो गयी थी'।

बालक - मेरे पिता की अकाल मृत्यु का क्या कारण था?
नारद - तुम्हारे पिता पर शनिदेव की महादशा थी।
बालक - मेरे उपर आयी विपत्ति का कारण क्या था?
नारद - शनिदेव की महादशा।
इतना बताकर देवर्षि नारद ने पीपल के पत्तों और गोदों को खाकर बड़े हुए उस बालक का नाम पिप्पलाद रखा और उसे दीक्षित किया।