Two trading cultures meet on one desk. Selling volatility into an earnings print is the core of one approach, and at a proprietary firm it is the thing that gets you a visit from the boss, because the first rule there is that you never step in front of something moving.
They work through it politely, comparing a laddered calendar approach into earnings with straight premium selling, then get onto how new traders are actually developed: deliberately undersized for longer than feels necessary, purely to build habits before size. It ends on a golf analogy everyone will recognise.
š tastylive:
tastylive.com
š° Get Tom's pre-market analysis every morning:
tastylive.com/newsletters
š FREE Options Strategy Guide:
tinyurl.com/bp9ms763
š± Follow tastylive on X:
x.com/tastyliveshow
Chapters
0:00 The rule stated up front
0:34 How they build a playbook
1:07 Playing both sides of it
1:56 The ratio he always checks
2:38 What short cycles opened up
3:18 M...