1/n How come we still have academics sustaining narratives of #obesity rather than of how real people find value & meaning in everyday lives? Revisit @whatsthepont on @tobyjlowe / @snowded & accept criticising "neoliberal" does not make things

THREAD ON IRONFLY

These days the most preferred strategy for option sellers due to improved margins is IRONFLY. It's essentially a short straddle with long strangle. Long strangle acting as 'WINGS', which help in capping the unlimited risk associated with a short straddle.(1/n)

You can also view the position as a combination of Cal & Put credit spreads, if that makes it more easy for you.

There are 3 important things to understand while trading this strategy:

1) Initial size of the Wings
2) Risk Management
3) Adjustments

(2/n)

Since we are selling an ATM straddle, the 1st question is how far our wings should be? Ideally i sell .50 delta straddle & buy .20 or .10 OTM strangle, depending on my view on volatility. So the distance of wings depends on the IV setup. Higher the IVs, greater the distance.(3/n)

If you don't understand greeks, then ideally with 30 days to expiry (dte), wings should be around 300pts either side. If your trading in weekly then it should be not more than 200pts. Higher the premiums, higher the distance as we have more cushion of theta. (4/n)

It is important to understand that we need to reduce the distance of wings with time so as to manage our RISK in gap openings or sudden volatile move. So for eg. if you started with 300pt wings with 30dte, the wings wouldn't give the same protection when there is 7dte. (5/n)

@jeffreyatucker In the end, it is all a natural consequence of a very human foible, namely that we all do everything we can to blame anybody or anything else for our problems, if we can get away with it. It's the reason why rulers start wars to squelch domestic dissent - macro and micro the same

The very notion of the germ theory of disease revolves around this and while it is good for selling medical interventions, treatments and pharmaceuticals, it is no good for either personal health, or public health in any way. We need to start looking at health on a holistic level

More of a systems approach to health would get us to see that the whole instinct to stamp out viruses, like the very counter-factual notion of "zero Covid," and other nonsense, are driven by this need to blame somebody or something else for our problems, so we can have our cake

and eat it too, i.e. we can pass the blame to others and go and kill them, be they bugs or other people (lockdowns???). The results are disastrous for health on both a personal and a public level, and we continue on a path of assured self-destruction. But times are changing, now.

Lifestyle Medicine @aclifemed provides the new paradigm, more of a systems approach to health, in which personal responsibility for our habits comes first, starting with nutrition. Immune systems become depressed by fatigue, stress, inner conflict, malnutrition and so on. Change

#ubuloyiJourney😈😈👺👺👹👺

Many people are surprised how their lives got messed up but the reality is, it's started right where you don't suspect

#pilotsoftwitter
First, pilots are black spiritual diviners who can travel at the speed of light using astral frequency to locate

a patient or fight evil

2nd. Best pilots are witches who mostly learn & master flying whereas diviners mostly don't need to learn, they just scream (password)& fly

3rd. Best flyers are whites with their aeroplanes but they are still regarded as amateurs in flight intelligence

since they have to learn from blacks how to ride the sky.

#witchUbuloyiScience

Did you know your suffering was created by your blood family with the aid of outsiders🤔🤔🤔

100% of ubuloyi starts at home

100% of curses on children starts at home

,,100% of struggles by children starts at home

,,100% of infertility is created at home

,,100% of inability to get work & prosper is masterminded at home

#didYouKnow
,,Parents & aunts are some of the causes of your sufferings

,,Uncles are some of the causes of your struggles

Yur sisters & brothers are some of the jelas witches fighting yur progress

🤔🤔🤔🤔Very true,,,it starts at home

,,,,Then it's those who came into the family by social arrangements like marriage or adoption,,,,,,abomakoti & adopted people in yur family.