Oh yeah, that's right. I gave up on trying to remember the names of things with conversions/reversals. I preferred to refer to them as - "Do you...
Is there something such as a covered put similar to a covered call ? Yes, A covered call is nothing more than a synthetic put. So a synthetic...
I never thought much of Hull traders. O'Connor was funny as well. They had an enormous talent spread between their upstairs and floor traders,...
1- I'll continue to agree with Bum. 2- "the best answer may be that while both spreads and nakeds have their pluses and minuses, neither is...
Compare: Put spreads lost $80, which is 100% of $80 net margin. Naked put lost $6, which is 7% of $86 net margin. So would you rather lose $80...
I think back to the knowledge I was required to obtain and display before being allowed to do my first option trade...
I guess 3 days before expry when someone sells a deep in the money 100 delta call under intrinsic and you immediately hedge with the underlying...
"What's a real life example of #2 and #3?" #2 - Only if the Central Bank trades options. For anyone else, this does not exist. For large traders...
"You(sic) concern is touching, but no need to worry." I showed no such thing. :p
You don't get invited to a lot of parties, do you Sig?
It is why with option trading, or any trading for that matter, success can not be guaranteed from reading a book. If I could mind meld all...
1- Only you don't understand why. Everyone else accepts why. You just demand empirical proof. 2- I think four people agreed it is not really...
So low means he is shaking his head with how low they are 'relative' historically, or maybe even realtive to actual price movement. It's also a...
"It is a level of professionalism that most traders don't rise to, but based on the level of discussion on this thread I thought it was a...
At first I thought it was funny to say F'k quant support. But truth be told - at the end of the day it is irrelevant why it is there. All that...
F'k quant support. VST - I agree with everything you said. Alex, as well.
"Otherwise humility is in very short supply among economists, who unlike, say, physicists, almost never publicly admit that there may be gaps in...
I once did a curb trade before the opening. Other than that. A perfectly clean career. Compliance always frightened me. Anything that falls under...
Double down was meant figuratively more than literally. To suggest getting yourself deeper. Heck, maybe you triple downed. "it is really...
Either structure. Yes. (Assuming he/she/it bought, not sold, the fly)
Separate names with a comma.