jsd501 12:52 pm on Monday, April 17, 2023

It looks like no trade…

It looks like no trade for me for tomorrow because there is not enough premium or volatility.

Theta4DimSum 1:02 pm on Monday, April 17, 2023

B/E was so narrow vs. put side.
- Theta4DimSum 1:03 pm on Monday, April 17, 2023
  
  NM, it got better towards close but you’re right, premiums is low…
Jeff 10:49 am on Tuesday, April 18, 2023

In periods of low volatility I try to get 0.85 at minimum. The first quarter this year was a rare period where an Upside Warning was in effect but 6-delta condors were giving some good premium. In the past we have gone through multi-week periods where it is tough to get more than a dollar for them.
- jsd501 11:35 am on Tuesday, April 18, 2023
  
  It seems like the 6 delta is not giving me enough cushion in case volatility jumps on a given day so I think I will sit and wait.

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