Recent Content by what_hedge

  1. Vega Neutral Strategy

    Orderly sell-offs have not lately been met with IV explosions - it has been typically the opposite, so in the event of a slow drift downward over...
    Post by: what_hedge, Oct 21, 2008 in forum: Options

  2. what's going on with es options today?

    Given the actual volatility of futures lately, it is not surprising to see incredibly wide bid-ask spreads. As market makers, even if we have...
    Post by: what_hedge, Oct 9, 2008 in forum: Options

  3. option pricing question

    This is not always the case. At our firm we work back into an implied volatility, pricing options on a weighted-vega basis according to the prices...
    Post by: what_hedge, Oct 9, 2008 in forum: Options

  4. Best Way to Play the Volatility using Options and Futures in ES and SPY

    If you truly expect the market to reverse up then you may as well just put on a call spread or a call outright. If premium is an issue then put on...
    Post by: what_hedge, Oct 8, 2008 in forum: Options

  5. Newbie Option Question

    Just my two cents, from a market maker's perspective - In this environment, if you are short any call or put <10 pct out of the money I would...
    Post by: what_hedge, Oct 8, 2008 in forum: Options

  6. option pricing question

    Yes, short term volatility could definitely affect the price of an option, but perhaps not in the way you are thinking about it. When it all...
    Post by: what_hedge, Oct 8, 2008 in forum: Options