Recent content by derivstradaa

tripleogstar is an idiot. You do not hedge gamma with stock, I dont know where you got that from but it sounds like you need to reread Hull. You hedge your delta with stock. And even though your argument of "delta is the derivative of a derivative" is technically correct, anyone spending 5...

Yea depending on your system, your vega will be amount you make/lose for a fall/rise in implied vol per vol point.

that doesnt look like great trade management. This trade has a horrible risk/reward ratio.