5. But not until 15th June. 2 weeks more of them being not-essential
#TheWeekInTory
1. The govt reduced the UK-wide coronavirus alert level on the advice of the “Joint Biosecurity Centre"
2. Matt Hancock revealed the “Joint Biosecurity Centre” doesn’t exist yet
3. Boris Johnson said he was “very proud” of the UK’s response
5. But not until 15th June. 2 weeks more of them being not-essential
7. The govt announced dentists were returning to work the following day
8. And then dentists said they also hadn’t been consulted about this, or even warned it was happening
10. Within 2 days the R level had risen back above 1 in much of Northern England, but the govt has not reintroduced local lockdowns
12. And then the next day, the head of the Test and Trace programme revealed it would not be operational until Sept
14. Boris Johnson announced he is personally taking charge of the coronavirus response, a mere 138 days since the first UK case
16. It was revealed advice was given to the govt on 24 Feb that there should be “no discharges to care or residential homes”
18. The govt and Boris Johnson continue to deny the policy has every been Herd Immunity, even though Boris Johnson went on TV and advocated it
21. Then Boris Johnson went on TV to say he wants to reduce the 2-metre distancing rule as soon as possible
23. The next day he said he was proud of a lower 171,000 tests
24. If you get a nasal, throat and antibody test, that counts as 3 tests, even if it’s 1 person
25. So 171,000 tests = 57000 people
27. And almost 75,000 tests had to be redone because of problems in UK labs
28. Boris Johnson repeated he was “very proud” of the UK government's response
30. The govt said it would reopen schools where - yes - children from different families meet
31. 44% of England’s schools did not trust the govt advice enough to re-open
32. The govt said homeless people should “move in with friends and family”
34. MP’s often vote 8 times per day. Under the new system, this means they will do nothing at all except stand in queues.
36. Within 24 hours a cabinet minister was ill and needed to be tested. He said he tested negative.
37. It was later reported around 1/3 of tests produce false-negative results.
39. The House Of Lords continues to vote using the digital system
41. And then it was revealed some time earlier, she had called people on Twitter “window-lickers”
43. All three of these defended Dominic Cummings, who is, incidentally, still not sacked
45. And then the govt voted to lower UK food standards, and refused to publish a report on excess coronavirus deaths
47. The govt said it would import chlorinated chicken and hormone-treated beef as part of a US trade deal
49. Boris Johnson, joint-leader of the Brexit campaign, announced he would start a “charm offensive” to get EU workers to return to the UK
51. Boris Johnson said for a 4th time he was “very proud” of the UK govt's response
52. We still have 24 hours of the week to go
Also, his band @gomeztheband is ace.
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A THREAD ON @SarangSood
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
