Options on Futures Building a More Complete Portfolio | Tom Sosnoff

[@CanadianOptionsTrader]

Another amazing talk by Tom Sosnoff! This is by far the best talk I've ever seen Tom give!

[@surfcruzer]

Pure gold, way ahead of his time.

[@dannytetreault]

Thank-you, Tom!

[@gregkeen4907]

This has been the biggest eye opener I've encountered since I started trading years ago. Thank you so much for posting this!

[@gavnonadoroge3092]

thank you

[@pamericafields1903]

*The ASH strategy is a win win method for traders* 💪😎

[@headlibrarian1996]

ASH strategy?

[@esta1177]

Thanks Tom, is this strategy still working? and is there a way to bake in a black swan strategy into it?

[@jasonpermanna308]

I dindnt know option for future is capital efficiency

[@DavidKerrison-z4p]

There should have been big warnings about the massive delta risk that goes along with trading futures. If the direction of the futures contract goes against you it can cost a fortune and sink your account and it is always unfortunate that Sosnoff does not include this in his analysis. Young people always get fooled by his partial analysis that never includes the risk assessment.

[@markbaugh6083]

“Trade small trade often” ? LOL... you bet, Tom makes money on all Tasty Trade commissions!

[@1_nS1d3]

you really think he needs that money? He sold TOS...

[@headlibrarian1996]

What’s the actual notional risk of these trades? The /6E slide implies you’re taking $32,000 of risk for your $1,200 in BPR. 7 such trades means you’re taking about $200k of risk in your $25k account. That’s scary.

[@volkerblume238]

Is this true? You have the option on a future. You’ll get the future in case of assignment which you can still sell on a liquid market. That is my understanding.

[@KC-nb3mm]

It doesn’t matter what your notional is

[@headlibrarian1996]

@@KC-nb3mm It does when evaluating risk. A mere 10% loss I totally wipes you out at this level of leverage.

[@KC-nb3mm]

@@headlibrarian1996 10% loss on 200k of notional? If you sell to open an Iron condor on SPX and your max loss is $1500, why does it matter what your notional is? The same logic applies for ES

[@TooDaft]

@@headlibrarian1996 10% loss on these commodities and etfs would be scary for everyone. Highly doubt you'd see that unless you get covid 2.0. Point is manage your risk even if the potential loss is unlimited, follow the strategy and cut when you need to cut.

[@123-f6j8h]

Shill for Tastyworks

[@headlibrarian1996]

The owner of TastyWorks is by definition not a shill.

[@123-f6j8h]

@@headlibrarian1996 Let's not get too technical about this! He encourages people to trade with misleading studies for a few years, and then opens a brokerage firm to take advantage of all the people he's fooled! He's an absolute disgrace!

[@rongrace6324]

@@123-f6j8h yea he only makes a few million a year trading ! nothing disgraceful about that.

[@J123G]

He is on a mission to help people trade their accounts with more diversification and be less exposed to wild market swings. He is already crazy wealthy (since selling Think or Swim to TD Ameritrade for $700m). He is a brilliant person who can’t sit still and enjoys his work, he isn’t on a mission to scam people into churning their accounts at Tastyworks brokerage.

[@jiti5034]

half cooked and half finished stuides