Hey @ondrej5301, I hope you’ve been well. Check out the new iron condor option trading strategy in Python here: th-cam.com/video/Nv9oz51_2p4/w-d-xo.htmlsi=Y4UXjLFGbjPeYKd4
@@Intrendias of course! i check it and it was awesome! i gave you like :) ! but it would be great if you can add the code for that in video description. Is it possible? Thank You so much and break a leg! ;)
Hey @johnsocs1, thank you for commenting and watching the video! For example, Robinhood does offer metrics per contract like the IV for the annualized expected move and Chance of Profit for the probability of profit. This coding tutorial can help or inspire in-house probability calculations to automate research or options trading. I hope this response helps!
Hey @spacecat2902 thank you for your input and watching the video! I agree that this large table has a small font and could be hard to see. I'll keep this in mind for next time and zoom in. Thank you!
Hey @wirelessholepuncher thank you for your comment and watching the video! Personally, I focus on building a moat for my portfolio. Buy long term stocks that I believe will go up in value over time. These stocks like AMZN and GOOGL can be stocks you sell covered calls against to make passive income with some added risk. This is my personal opinion and is not financial advice. As a beginner, what stock strategies are you interested in or exploring? I can potentially cover these topics in a future video! Thank you again and I hope this helps!
@@Intrendias maybe that full beginners topic is a good video in itself? Like, you can explain to us where can we start and how common investing knowledge can be applied to this mathematical and statistical calculation?
I agree! A beginner/where to start video can be helpful. We can also review how to combine investing knowledge with math and statistics to measure the risk of the trades. Thank you for your comment and insight!
Is it because the Spearman correlation is zero, that's why we can use Conditional Probability? if Spearman correlation is not zero, can we still use the Conditional Probability? thanks
Hey @jasonl2860 thank you for your question and watching the video! Short answer is yes: I use the conditional probability when there is some dependence between the two variables. Since the Spearman results show small dependence, I used conditional probability. If events A and B are independent of each other then knowing what happened to B to predict A will be fruitless since the two events don’t impact each other. Since the Spearman p-value is below 0.05 we can say with statistical significance that the two variables (last week return versus this weeks return) are indeed correlated. However this correlation has low impact because the rho value is near zero and slightly negative. This means that there is a small negative impact on this weeks returns based on last weeks returns.
Hey there! Thank you for the comment and I’m glad you enjoyed the video! I’m happy to look into the Short Strangle strategy and connect it to these conditional probabilities
What other options trading strategy coding videos would you like to see?
iron condors please!
Hey @@ondrej5301 thank you for the comment and watching the video! I'm happy to look into iron condors and code a potential strategy.
Hey @ondrej5301, I hope you’ve been well. Check out the new iron condor option trading strategy in Python here: th-cam.com/video/Nv9oz51_2p4/w-d-xo.htmlsi=Y4UXjLFGbjPeYKd4
@@Intrendias of course! i check it and it was awesome! i gave you like :) ! but it would be great if you can add the code for that in video description. Is it possible? Thank You so much and break a leg! ;)
Good video. Did you know that the expected moves for any date and probabilities of these events are provided by the trading platform already?
Hey @johnsocs1, thank you for commenting and watching the video! For example, Robinhood does offer metrics per contract like the IV for the annualized expected move and Chance of Profit for the probability of profit.
This coding tutorial can help or inspire in-house probability calculations to automate research or options trading.
I hope this response helps!
you should increase the font size
Hey @spacecat2902 thank you for your input and watching the video! I agree that this large table has a small font and could be hard to see. I'll keep this in mind for next time and zoom in. Thank you!
What should I do as an absolute beginner?
Hey @wirelessholepuncher thank you for your comment and watching the video!
Personally, I focus on building a moat for my portfolio. Buy long term stocks that I believe will go up in value over time. These stocks like AMZN and GOOGL can be stocks you sell covered calls against to make passive income with some added risk.
This is my personal opinion and is not financial advice.
As a beginner, what stock strategies are you interested in or exploring? I can potentially cover these topics in a future video! Thank you again and I hope this helps!
@@Intrendias maybe that full beginners topic is a good video in itself? Like, you can explain to us where can we start and how common investing knowledge can be applied to this mathematical and statistical calculation?
I agree! A beginner/where to start video can be helpful. We can also review how to combine investing knowledge with math and statistics to measure the risk of the trades. Thank you for your comment and insight!
Is it because the Spearman correlation is zero, that's why we can use Conditional Probability? if Spearman correlation is not zero, can we still use the Conditional Probability? thanks
Hey @jasonl2860 thank you for your question and watching the video!
Short answer is yes: I use the conditional probability when there is some dependence between the two variables.
Since the Spearman results show small dependence, I used conditional probability. If events A and B are independent of each other then knowing what happened to B to predict A will be fruitless since the two events don’t impact each other.
Since the Spearman p-value is below 0.05 we can say with statistical significance that the two variables (last week return versus this weeks return) are indeed correlated.
However this correlation has low impact because the rho value is near zero and slightly negative. This means that there is a small negative impact on this weeks returns based on last weeks returns.
Hey, that was a great video! Could you please create a similar video on the Short Strangle with the same weekly percentage change? Thanks!
Hey there! Thank you for the comment and I’m glad you enjoyed the video! I’m happy to look into the Short Strangle strategy and connect it to these conditional probabilities
Nice video
Thank you! I’m glad you enjoyed