Thank you! We appreciate your support!

Correct - puts are OTM when they are below the stock price. What timestamp are you referring to?

did you find any videos on this?

Short the underlying, buy calls, sell puts at same strike...(almost) zero risk. Only two risks: 1) a change to the dividend if stock goes ex-div within the option horizon and 2) the puts being exercised early.

This is actually the reason why selling naked calls is something I almost never do, unless it's paired with a short put or the skew isn't that bad - if the skew is really strong on the put side, I sell a put or a jade lizard, which maintains no risk to the upside.

tastytrade curios to know how selling a put hedges your sold naked call? Is it just because you’re collecting premium on the put side? Don’t you still have unlimited risk on the upside though?

@@harveybirdman593 @tastytrade i have the same question

Being short on a call is technically riskier than being short on a put because when you sell a call you take on the risk that the underlying asset could technically rise to an infinite amount resulting in an infinite potential loss while selling a put only takes on the risk that the underlying asset could technically only drop to 0

It really depends on how you perceive risk - see Holden's comment below - would you rather sell a put 10 points OTM for a higher premium than a call that is 10 points OTM for a much lower premium? Regardless of velocity prior to expiration (which there is merit to, but this should be accounted for upon trade entry by not trading too big), where would you rather place your risk? That's the question at hand. There's no right or wrong answer, but a short put does not have significantly more risk than selling a call. I've seen 50 point market rallies in a single day, so the notion that markets grind up slowly is not always true, and I've seen violent down days as well.

​@@holdencarkner8173 That is only true for a naked call. A covered call only can be a loss if the premium and strike equal less than the cost basis. Leaving money on the table is not a loss, it's a miss of more profit. A loss is when you finish with less than with what you started.

It means they are more expensive - if XYZ is at $100 and we compare the 80 strike put and the 120 strike call, if the 80 strike put is trading for $2.00 and the 120 strike call is trading for $1.00, that would be a normal volatility skew environment where OTM puts are trading "richer" than equidistant calls.

Led Zeppelin's "Bring it on home"

How did he get the rights ?

@@MrCpark probably not monetized

www.ascap.com/

volatility is a factor at the end of the day, but it's not an observable factor that you can input from the start, you have to back into the IV% given all the other inputs in the model. In other words, IV% is derived from option prices, not the other way around.