Are you intimidated by the calculation for skew and do you think kurtosis is some kind of tropical disease?, well if so, this explanation on why professional traders are almost always short delta should teach you something. Dr. Jim may not dress like a stuffy college professor but looks can be deceiving.
Dr. James Schultz explains how he found tastytrade and what he thought of Tom and Tony. He explains his problem with their shorting habits. He goes through the math to explain why it makes sense.
Watch this segment of tasty extras with Dr. James Schultz to learn why being short isn't un-American and why carrying some negative deltas may be a wise choice.