U
Ok Mam here's something more you can use ...
Tell him that you've been musing on this IV thing & arrived at a hypothesis that perhaps Delta balancing with Options can also be done by using Long & Short positions that have the same IV rank in an Option chain. And perhaps ranks based on variance of HV-IV ratio, with the HV skewed more to the recent series, could even be better.
(That's quite a mouthful of jargon - so make sure you memorize it & practice the delivery - with appropriate voice modulation, pauses etc. - well)
All the best (and do post the result of your effort
Regards,
Kalyan.
Tell him that you've been musing on this IV thing & arrived at a hypothesis that perhaps Delta balancing with Options can also be done by using Long & Short positions that have the same IV rank in an Option chain. And perhaps ranks based on variance of HV-IV ratio, with the HV skewed more to the recent series, could even be better.
(That's quite a mouthful of jargon - so make sure you memorize it & practice the delivery - with appropriate voice modulation, pauses etc. - well)
All the best (and do post the result of your effort
Regards,
Kalyan.