But the essay itself commits that sin. We can't observe *something*--problems in medicine--without expanding it to *everything*; & we can't observe *anything* without saying we can "fix it."
1/36 A thread on Alana Newhouse's Tablet essay. I'm sorry to criticize an essay framed around a writer's ill child.
But my dream for the 2020s is to read big, serious essays whose premises aren't "everything is broken," & that don't say "how to fix
But the essay itself commits that sin. We can't observe *something*--problems in medicine--without expanding it to *everything*; & we can't observe *anything* without saying we can "fix it."
I looked inside.
The cover was an ad, and the "thing" that changed everything turned out to be a Dolce & Gabbana-branded Smeg toaster.
This is a really bad problem, though, not just the minor price of admission to public life.
I say "philosophy, not "tactic," b/c if we use it enough, it becomes a mindset.
Is it different to claim “everything is broken” than it is to say “the world fell apart under Obama"?
This is a privileged fantasy.
Some SA friends gave me side-eye. They would move to the US.
"They don't look like they're suffering like my family is suffering," one said bluntly.
But then she backtracks--or forward-tracks and traces the bad things to the Obama administration.
Institutions on which we could depend?
I remember academia touting Communism for seven decades, and the NYT stating in 1954 that Ho Chi Minh was "over."
Honestly, this sounds like a description of the academy and the NYT 1946-2000 to me.
The US economic system retreats to being the elephant in the room.
Mandated by whom? Amazon is no less of a “cultural vehicle” than HBO.
There's a reason economics is avoided after halfway--investigating it would upend the advice.
Unless you're really careful and do an exceptional job, you have to erect a false world to describe "everything" about it in a few thousand words.
It's the known way to cut through noise. Most of my editors now title my articles "The Key to X" or "Everything Is Y." The more hyperbolic, alarmist, or sweeping magazine articles get, the better they do, financially--and they're struggling.
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
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• Plenty of Examples
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How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
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