Right, I meant time working with you -- positive or long theta. The point I wanted to make, was that debit verticals are not always long theta,...
long verts can be short theta if both strikes are ITM, e.g. a 85/90 call bull vert under AAPL at 92+ is short theta.
The big investment banks creating millions/billions in OTC derivatives poses far more systemic risk than Joe six-pack, who, IMO, should have every...
Let's face it, there's way too much poker on tv now. And now Cramer's show is being run three times each evening. BUT CRAMER PLAYING POKER ON...
I would consider just buying ITM calls on LQD with a decent delta (say .6-.7) and ITM puts on IEF with a similar delta. If the spread goes your...
Sound like you are asking for "expectation": This is the key formula in all of trading: (avg $ won x prob of a win) + (avg $ lost x (1-prob...
look at the posts on or around 11/12/03. the p.o.p. was a long near butterfly and a long back wrangle, i.e. 7 legs (insane). the essential...
i thought we drove a stake through the heart of this thread ages ago...... sell a near straddle and buy (more) far strangles-- it's the same...
btw i love the new charts. see attached. hehe.
what leveraging are you referring to? i have been with penson in at least one of my accounts for years. all the electronic brokers...
two-for-one split coming on TASR end of this week, so be careful-- open option positions will double in size while strikes will halve. wee
Cottle's book suffers from what I can only term as "intellectual masturbation." A very worthwhile read, but his brilliant mind actually...
let's see. target of 16 ticks = $250 per straddle? And your usual size of several hundred (lol) = $$$ good luck arb. we remember your EBAY...
Hull, fifth ed. for the math and the models.
turok, you can live like a GOD for 800k in many very nice areas in the US. that you would even consider a fixer-upper dump at that price is a...
ok, i understand about futures. how about the mortgage gse's as a liquid proxy, albeit imperfect, for the long end of the yield curve? good ole...
probably better to turn to the cbot for futures on the very 10yr notes you have an opinion on -- the TLT etf is for further out on the yield curve...
front month vols shot up to 123 on the plunge......
na, they'll send her to allenwood and she'll do her show from their soup kitchen. "it's a good thing"
We need to talk about Martha too fellas. IV crush when? After the conviction? MSO front month IV's 105%, apr 79%, jun 65%. wee
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