We just wanted to post a response to an online "guru" who blasted out an email saying "Beware the Hype" and referred to our video, and after his worthy message, he then promoted selling his own course on Iron Condors for thousands of dollars. Well, adding a Put at the money, does not give your Condor a positive Vomma. Before bashing your competition, I'd highly recommend you to educate yourself on second-order Greeks to better understand what we are doing. Thank you.
The strategy we discuss in this video behaves as both positive and negative Vega at the same time. You would need to understand second order Greeks such as Vanna, Vomma, DvegaDtime and Charm to effectively explain this very interesting characteristic.
We just wanted to post a response to an online "guru" who blasted out an email saying "Beware the Hype" and referred to our video, and after his worthy message, he then promoted selling his own course on Iron Condors for thousands of dollars. Well, adding a Put at the money, does not give your Condor a positive Vomma. Before bashing your competition, I'd highly recommend you to educate yourself on second-order Greeks to better understand what we are doing. Thank you.
sjoptions 2 days ago
The strategy we discuss in this video behaves as both positive and negative Vega at the same time. You would need to understand second order Greeks such as Vanna, Vomma, DvegaDtime and Charm to effectively explain this very interesting characteristic.
sjoptions 2 days ago
Morris great video. Keep up the good work!
studentpilotfsx62 2 days ago