Episode #48: Former floor trader & professional options trader gives his favorite options strategies, talks time on the CBOE & partying in VIP next to Jay-Z
Confessions Of A Market Maker
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Option Trading
Volatility is the only price model that we don't understand in the option pricing. We have to know the future volatility, which we will never know until expiration. If you're holding them into earnings or something like that, always remember that there will be volatility about a week and a half or so prior to an event.
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