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A comment on Equifax IT staff had to rerun hackers' queries to work out what was nicked. Parent comment

Re:Equifax IT staff had to rerun hackers' queries to work ou... by paul_milovanov on Wednesday September 19, 2018 @10:41PM (#18029358)
That emphatically didn't work out for me with Valiant. Remember, options have expiries. And also it only makes sense if market implied volatility of your options contract is way below the upside move you expect.

I.e buying calls at 50% IV when you only expect a 30% move before expiry is... suboptimal.

In other words, there's no substitute for truly knowing what you're doing when trading options. (Learned this the hard way, AMA)

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Re:Equifax IT staff had to rerun hackers' queries to work ou... by paul_milovanov on Wednesday September 19, 2018 @10:43PM (#18029368)
It did work out for me with GEO (doubled my position on the sharp drop) but I bought stock because I had no idea when it might rebound.

Options are far less forgiving if you're wrong on timing.

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