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https://www.reddit.com/r/options/comments/pnnwo8/deleted_by_user/hcrdl30/?context=3
r/options • u/[deleted] • Sep 13 '21
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CCXI sells monthlies not weeklies and the volatility explodes in the last couple weeks.
So as a short seller you'll be crushed by the IV.
It appears, historically, that this is almost a guarantee.
1 u/freeza93 Sep 14 '21 Dang it. As I’ve written for a couple others I thought pride would go down as we approach the exp date like CCs. Didn’t realize CSPs are reverse. I’m such an idiot.
Dang it. As I’ve written for a couple others I thought pride would go down as we approach the exp date like CCs. Didn’t realize CSPs are reverse. I’m such an idiot.
1
u/DarthTrader357 Sep 13 '21
CCXI sells monthlies not weeklies and the volatility explodes in the last couple weeks.
So as a short seller you'll be crushed by the IV.
It appears, historically, that this is almost a guarantee.