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enzo & Mag's

Thank's guy's.

First off IV crush on Call Options is counter-intuitive, and thus initially rather tended to spoil my valuations, which upset me tremendously. That they are intuitive with Put's mollified me slightly.

As per usual, it is simply working with the numbers [values] or greeks enough that you can read the story that they are telling, and more importantly, when the story is a barefaced fabrication.

This is exactly what I now calculate, from having my mini-epiphany, for my style, where I am trading on valuations, this is the critical step. So simple, yet so easy to overlook.

I believe them.

Simply because there are some howlers out there, both on overvaluation & undervaluation. In a completely different calculation, market inefficiency is as rife in the Options universe, as it is in the Stock universe.

Price action, as defined within the stockmarket, is responsible for market inefficiency, the exact same phenomena is present in the Options market, driven by price action............stunning!

jog on

d998