Rick Selvala
5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Feb 26, 2018 by Rick Selvala · across every show →
On the record as a speaker too: Rick Selvala's record, appearances and statements → this page counts the times other people say the name.
Everything said about Rick Selvala, oldest first
Feb 26, 2018 negative
Selvala: Catastrophic losses happen when shorting volatility without guardrails
“So, I think where people really get hurt is when A, they're short, Val and B they don't have guardrails in place. And the simplest way to think about a guardrail is, is, is if you sell options to sell spreads or if you sell an option to own the underlying.”
Feb 26, 2018 positive
Selvala: Selling 25-delta covered calls realistically adds 2-3% in portfolio yield
“Generally speaking, you know, I think you can adding two to three percent, sort of doubling the yield is, is a reasonable expectation. If you're trying to do more than that, either you're selling calls on a really volatile stock, which in effect is giving you …”
Feb 26, 2018 positive
Selvala: One-to-three-month expiries are optimal for covered call decay
“The time decay doesn't really kick in until three months and in, and so that doesn't make a lot of sense. You know, and markets can move and change so much in a year. So I personally think sort of that one to three month window, you know, is really the optimal”
Feb 26, 2018 neutral
Feb 26, 2018
Selvala: Derivative blow-ups stem from leverage, shorting, and absent guardrails
“Spectacular blow-ups that we've heard over time are usually on that side. They've been short, they've been levered, they don't have guardrails, and probably a little arrogant, and not being able to You know, put in a stop loss and manage risk and thinking, you…”