Gaus, I'm the king of stupid questions, so here goes. 1- Why do you say non-standard expiration? Is this OTC? 2- Options on futures always...
"Dividends are zero sum over an ex-date." That was the only part of your response that was relevant. 99%+ believe they come with 0 consequence....
Good lord, 99% of quants couldn't trade their way out of a paper bag. Most would shit their pants trading, and the ones that wouldn't are the ones...
Yeah, but even if we jump to M3 (which should pretty much include everything) that's 15 trillion. I never quite understood the cash on sidelines...
I don't understand. There is less than 2 trillion in cash in circulation, and the U.S. is about 20-25% of the global economy. How is he arriving...
Yes, such a powerful tool that the inflection points of the UK economy matches, within reason, the inflection points dozens of other countries,...
Every time I see a single variable linear determination drawn in an extremely complex multivariable environment, a small piece of whatever little...
"options are riskier than stocks" - Too vague. Which ones? How many? Under what scenario? The biggest losses I have seen involved linear...
"Feel free to check it out yourself if it's of interest. https://futures.io/traders-hideout/...ality-trading-profitability-2.html#post719630"...
I get it, wheezooo is what I called DdelV thirty years ago. Good lord that sounds terrible to say. 30 - ouch!
I believe it was volskewtrader that said it, people need to be careful comparing strike to strike when they should be thinking more delta to...
Cool, thanks for the image. Confirms what I said. The extreme wings exhibit no optionality - no extrinsic. Greeks are all move towards zero with...
Don't need to look. My bet is that the low vol OTM options no longer have optionality(premium) in them. Vol 0, gamma 0, theta 0. Anything else...
"A guy on futures.io recounted how, on his first day on the phone as the only trader for his firm (the one experienced guy they had took off on...
The term structure doesn't shift (1 for 1), it twists (1,.80,.65,.52....etc) between backwardation, flat, and contango. So you can be -1000 vega...
I giggle every time I see someone ask a trader a question and expects a nice answer. I still have nightmares about the hazing I was put through. I...
I'd add the word 'previous' between 'the' and 'relationship.'
Correlation is a dirty word.
"...he stops trading and do [sic] something else." I chose 18 year old girls and video games... :fistbump::rolleyes:
I've received higher than 1.8% compounded daily growth on my Venezuelan Peso account. :rolleyes:
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