hits topic on point with best summation to date of range of policy solutions to harden US electric grids 1/

2/ Wind turbines can be equipped to operate in icy conditions
3/ Thermal natural gas plants can be built to store oil on-site to fuel switch during emergencies
Capacity market with adequacy payments encourage storage Eg Grid regulators “design markets that pay extra to keep a larger fleet of backup power plants in reserve in case of emergencies”
Integrate EVs into residential solar systems with inverters that can automatically island away from grid (inverters need extreme weather related equipment)
Building “virtual power plants” where homeowners and/or businesses install batteries and paid a fee to make % available to system operator or utility
Fast track offshore wind (less volatile) in US Gulf of Mexico and New England to diversify from onshore sources
Allow distribution companies to install battery storage near to end users
All these solutions linked above have been used successfully in other electricity markets= better designs @GovAbbott @JohnCornyn @WSJ @ERCOT_ISO @TexasTribune @HoustonChron kudos to @bradplumer for calling actual electricity experts @JesseJenkins @MichaelEWebber @cohan_ds
Read chapter 3 by Joan Ogden on cascading risks and then call @busbyj2 and get Texas-located military bases to focus in on solutions. TX State regulators get it wrong it threatens US national security @POTUS https://t.co/KMIMUXsHse

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MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


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


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


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