Granted I have been trading options since the old Major Market index of the 80's but I really don't see the difficulty deciphering what NM trades. Or maybe I am just as screwed up. Keep posting NM always give me food for thought.
All he really seems to be saying is that markets go up and down...duh... try to play the middle..like straddles and leg out. His forte is trying to know when the swings are perpetrated. Not sure I can completely grasp the whole OEPM idea but he seems to make money.