- By Praful Kulkarni Option Seller Interview with
- Our job is risk management, not making profit. Market gives profit.
- ==Neutral Strategy gives 70%-75% Probability to Profit, 25% Loss will be very large, but what matters is the ability cutting short losses of that 25%. ==
- One question one should ask is that “Theta” or “Delta”
- One should be clear if they have to capture “Theta” or “Delta”.
- Delta then sell “ITM” or buy “ITM”, “short future”.
- Theta capture then “OTM” but then risky.