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40 ArticlesUncle Theta

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Uncle Theta: Introduction to LEAP Options, Part – II

Now that we have a fair understanding of the nuances of what options are and what are the factors that influence their pricing and movement, let’s move ahead ...
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Uncle Theta: Introduction to LEAP Options, Part – I

Long Term Options on the Nifty. These are Long-term Equity Anticipation Securities or simply called LEAP Options. They just have much more time to maturity ...
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[Uncle Theta] Profiting From Budgets Using Options: A Historical View

Remember that if the budget shows a big move, we expect to adjust positions, so keep some powder ...
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Uncle Theta Explores A High-Risk, High-Reward Result Strangle in TCS

Uncle Theta’s been doing some experimenting. And in the latest, he figured out something that’s been happening for years. A drop in the option ...
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Premium: Reflections on StratOptions 1.0 that earned us 27.26% in one year

In November 2015, we decided we wanted to showcase that market-neutral options strategies can deliver market-beating returns with very little volatility. We ...
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Using Ratio Spreads to trade earnings: A live-example on INFY

Result season is a challenging time for short-term trading. You never know what’s gonna hit you, how, and you wonder whether you should even bother messing ...
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StratOptions: IV spike post Surgical Strikes helps us score a quick 2.63%

We hope we've been able to show you that picking direction is not the only play in town, and that this has helped you learn not just about probability-based ...
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StratOptions: We learn about ratios, adjustments, and patience, while scoring 2% in returns

Another low-IV month and we continued to use ratio diagonals, as we did in August. A big gap down on 12th September rattled us. As we’ll see, the ratio ...
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Uncle Theta Goes Intraday, Just For One Day

Bank Nifty went mad today. It was up some 400 points and still climbing. Even then, there was a strategy. We noted this on Slack, and this is where Uncle Theta ...
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StratOptions scores a cheeky 2% in August, despite low IVs

August. That month when we celebrate our independence. In the options world though, Uncle Theta has been feeling trapped. With VIX struggling close to 52-week ...
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