No idea on the RUT calls -- I assume it's simply a matter of paper. My guess is that it was paper selling garbage calls into a bear-reversal....
We're getting a reprieve, but this thing will rocket higher if my guess is correct that we trade to SPX 1370 next week. I bought the DNT on a vol...
I'm not using either at the moment, but both are good.
Good points, thanks. Certainly the correlation is very, very poor. So trade it as an HSI proxy.
Shanghai was lower by 5.4% overnight. So he's got a point.
The stimulant is what improves focus. Most have caffeine USP or the caffeine is simply masked by adding guarana. Either way, it's the caffeine....
I am in the US. I use Thomson and superderivatives for vol.
Typo, otm implieds. I priced the fairval based upon the proximal strike-vol [1600], and not the prevailing DNT March smile valuation.
My apologies to blackjack007. I realize now that the thread-starter mentioned the 90% probability in his initial post, but not thread title....
IIRC the top-mark on the DNT was $38,000 from a initial debit of $8,500.
I never mentioned that I owned the position, so why would I post the offset? My second reply to blackjack was follow-up with the mark to...
I stated it would never touch $40 again. Please quote the "win" for which you speak and I will happily congratulate him. You making reference to...
Yes, the vanilla analog to the DNT is a condor. European range trades are far more costly due to path-dependence, but are a greater debit risk as...
Nice trade. I think we chop on index, so I chose to short gamma in EURJPY over a similar position in SPX. FX barrier option markets are far...
I traded the following today via UBS: EURJPY 4/2/08 expiration; NY fix 152//160 double no touch 45/100 payout Trade is neutral to 156.00...
It was Chibondking.
That story should be attributed to Ron Adams; a financial advisor who writes a column for the Lakeshore News.
I've got something similar computed from figarch. Thanks.
I'd suggest some form of volatility-target on exits.
Yup, won't be the first time for IBM.
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