| 00:00 - 00:05 | Step 1: Subscribe to Option Omega. |
| 00:05 - 00:07 | The ultimate backtesting tool. they say |
| 00:07 - 00:10 | Use SPX data. Feel like a genius. |
| 00:11 - 00:16 | Choose iron condors. Obviously. |
| 00:17 - 00:21 | 99% win rate? Easy money. |
| 00:21 - 00:24 | No need for fancy settings. |
| 00:29 - 00:31 | Double tap PT? Nah, too complicated. |
| 00:31 - 00:34 | IMSL? What's that, a cheat code? |
| 00:38 - 00:40 | Slippage? Never happens to me. |
| 00:41 - 00:47 | Commissions? Peanuts. |
| 00:47 - 00:50 | Fees? Robinhood is free! |
| 00:50 - 00:56 | Run the backtest. Eyes widen. |
| 00:58 - 00:59 | BILLIONS in profit. Zero drawdown. |
| 00:59 - 01:01 | Maximum MAR. No losing months. |
| 01:04 - 01:06 | Risk? I laugh in its face. |
| 01:06 - 01:08 | Screenshot the results. Flex online. |
| 01:13 - 01:14 | Get 500 likes. Twitter thinks I'm a guru. |
| 01:14 - 01:16 | Decide to go all-in live trading. |
| 01:16 - 01:20 | First month: $10k profit! |
| 01:21 - 01:27 | Friends call me the next Warren Buffett. |
| 01:35 - 01:36 | Second month: $25k profit! |
| 01:36 - 01:39 | I start drafting my trading book. |
| 01:41 - 01:44 | Third month: $50k! Forget diversification. |
| 01:44 - 01:47 | What could possibly go wrong? |
| 01:47 - 01:49 | What colour lambo? |
| 01:50 - 01:53 | Iron condors are safe, right? |
| 01:54 - 01:56 | Volatility explodes. My PnL implodes. |
| 01:56 - 01:58 | First margin call: 'Just bad luck.' |
| 01:58 - 02:02 | Second margin call: 'This is temporary.' |
| 02:05 - 02:07 | Third margin call: 'This can't be real!' |
| 02:10 - 02:11 | SPX drops 3%. My account drops 90%. |
| 02:11 - 02:13 | Suddenly remember slippage exists. |
| 02:15 - 02:17 | Oh, and commissions AREN'T peanuts. |
| 02:17 - 02:20 | Revisit the backtest: forgot IMSL. |
| 02:21 - 02:28 | Recalculate. No more billions. |
| 02:29 - 02:30 | Add 'double tap PT.' Oh! |
| 02:30 - 02:32 | Still losing, but slower now. |
| 02:36 - 02:39 | What's this feature? 'The Punisher.' |
| 02:40 - 02:42 | 'What's The Punisher do?' |
| 02:50 - 02:55 | 'Prevents total account annihilation.' |
| 02:56 - 02:58 | Realize I ignored it completely. |
| 02:58 - 03:04 | Re-run backtest WITH The Punisher. |
| 03:04 - 03:09 | Results: No billions, but no blow-up either. |
| 03:09 - 03:11 | Account ruined, but lesson learned. |
| 03:16 - 03:20 | Moral of the story: Use The Punisher. |
| 03:23 - 03:26 | Or become trading meme history. |
| 03:31 - 03:36 | Option Omega: Where dreams meet reality. |
