Options Boot Camp 347: Heisenberg, Rogue AI and More Forgotten Terms

Options Boot Camp

In this episode, hosts Mark Longo and Dan Passarelli delve into a list of supposedly forgotten or underused options trading terms generated by Chat GPT. They evaluate and discuss each term, including box spreads, conversion reversals, put-call parity, skew, sticky strike versus sticky delta, jelly roll, gamma scalping, pin risk, synthetic positions, and more. The hosts determine whether these terms are truly forgotten or still relevant, sharing their opinions and personal experiences with each concept. The episode provides an insightful look at both historical and obscure options trading terminology. 03:27 Options Drills: Strategies and Techniques 04:15 Forgotten Options Terms: Listener Submissions 06:01 Evaluating ChatGPT's Forgotten Options Terms 20:56 Theta Gamma Trade-Off Discussion 23:01 Double No Touch Options 23:53 Jelly Roll and Forgotten Terms 24:27 Early Exercise Premium 25:11 Second Order Greeks 26:28 Zero Day Strategies and Back Testing 28:55 Put Ratio Back Spreads 30:36 Synthetic Positions and Volatility Smirk 31:35 Risk Reversal and Break Even Volatility 33:07 Dividend Risk and Sticky Vega 35:00 Calendar Butterfly and Forward Volatility 40:05 Vol Cones and Final Thoughts