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Imran Lakha | Options Insight
@options_insight
Pro Options Trader & Educator Free Masterclass 👉
Joined September 2018
987 Following    29.6K Followers
Mark Anderson @multistratmark now runs a fund trading one of the more demanding corners of the options market. Before that he was doing construction in the Bay Area and fixing up rental properties. His explanation for leaving was one sentence and I have not been able to shake it. A good hourly career is a high floor with nothing on the upside. That is a fairly brutal summary of the trade most people accept without examining it. You buy safety and you pay for it by capping what the work can ever become. He wanted the shape of the payoff to be different, so he sold the rentals and went into markets full time. There was a nice piece of timing in it. He went properly full time in 2022, which is when 0DTE went to five days a week. His words were that the maths worked once you had five days of compounding. The bit that made me laugh was what happened next. He had met a group of maybe twenty people in various online communities, and between them they all started funds. He reckons that loose group of internet traders was doing more 0DTE volume than any pod shop or bank desk. I think a lot of us ex-bank traders could learn a thing or two from those guys.
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