Recent Content by optstack

  1. Tax on a gift of stock

    The amount of a gift you receive is NOT considered income. The gift may seem as good as a paycheck, but you are not required to pay income tax on...
    Post by: optstack, Aug 14, 2014 in forum: Taxes and Accounting

  2. Compute vega at -1.0, -0.5, +0.5, +1.0, +1.5 moneyness

    Recall that a call price is a function CP(S, X, t, v, r), where S is the current stock price X is the strike price t is the time to expiration v...
    Post by: optstack, Jul 15, 2014 in forum: Options

  3. Collars

    If you already own a stock, especially highly appreciated stock, collars are a good way to protect your gains. You can create collars on...
    Post by: optstack, Jul 10, 2014 in forum: Options

  4. Vix

    Also take a look at the SKEW index. The CBOE SKEW Index is an index derived from the price of S&P 500 tail risk. Similar to VIX, the price of S&P...
    Post by: optstack, Jul 9, 2014 in forum: Trading

  5. Portfolio Hedging Suggestions...

    One possible hedging strategy is to use collars. A collar is a strategy where you buy an OTM put and sell a OTM call on the same underlying....
    Post by: optstack, Jul 3, 2014 in forum: Trading

  6. What degree/master/phd would be the best for a trader?

    In addition to the degrees you mentioned above, you may also want to consider financial certifications. For example, the CFA (Chartered...
    Post by: optstack, Jun 30, 2014 in forum: Professional Trading

  7. Need a portfolio math geniuses help.

    You can solve this as a "constrained optimization problem" using Excel Solver. You can setup Excel solver as follows: Objective Function:...
    Post by: optstack, Jun 23, 2014 in forum: Trading

  8. ideas of trading strategies from AlgoQuant

    Backtesting is definitely a great start to verifying whether these trading strategies are effective. However, even if the backtest results are...
    Post by: optstack, Jun 23, 2014 in forum: Trading

  9. Excel Position Calculator

    Can you elaborate on the types of calculations you want to perform? Are you trading stocks / futures / options / bonds / currencies / etc...?...
    Post by: optstack, Jun 19, 2014 in forum: Risk Management

  10. 30 min breakout ES mini/SPY strategy?

    Even if the system is right 80% of the time, you can still lose money using such a system. What's more important is how much you lose when the...
    Post by: optstack, Jun 19, 2014 in forum: Trading

  11. Risk measurement tool of options portfolio

    Here is an interesting article from a MIT Finance Professor that may address some of your questions: http://www.mit.edu/~junpan/ddjpb.pdf "This...
    Post by: optstack, Jun 18, 2014 in forum: Options

  12. trade repair on covered call

    Other possible adjustment strategies include adjusting the ratio's of the short call and / or rolling out to further months. For instance, as...
    Post by: optstack, Jun 12, 2014 in forum: Options

  13. Determing the fair price for SPX spreads

    Beyond the obvious different in contract sizes between SPY and SPX, there are other differences between SPY and SPX that make direct pricing...
    Post by: optstack, Jun 9, 2014 in forum: Options

  14. Portfolio neutralisation using options

    Based on your description, you have assumed a contract multiplier of 1. So using this 1x multiplier, your total portfolio greeks are as follow:...
    Post by: optstack, Jun 3, 2014 in forum: Options

  15. Option Adjustment & Buying Power

    Can you be more specific on the type of multi-legged spread you are trading and the types of adjustments you want to make? For instance, are...
    Post by: optstack, Jun 3, 2014 in forum: Options