NEW - on @skynews shortly:
Reliable source tells me Withdrawal Deal text contains

- No unilateral exit from backstop

- Large annexe on level playing field

.... after reporting this on @SkyNews I get a call from a different senior source that this is “spot on” and further that the Attorney General Geoffrey Cox has not pulled his punches in confirming in legal advice there is “no unilateral exit” from backstop ...
... furthermore I’m told (and this chimes with excellent Times splash this morning re Weyand) that the future partnership then takes its starting point as the activated backstop - ie UK-wide customs union-style arrangement and level playing field.
Understand that a ministerial briefing on the draft Withdrawal Agreement meant to drum up support from some trade organisations due tonight has now been postponed

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.