Winston, Yes, that makes sense. But if you short an "overpriced" ETF or buy and "underpriced" ETF, how do you lock in a gain? In other words,...
Winston, Thanks for taking the time to respond. Would you perhaps be able to give a specific example of how a retail guy might open and...
I typically enter into options positions such as spreads, condors, butterflies and strangles or combinations of the above. If the underlying is an...
Thanks guys for all of your input. Very insightful. This concept of price correlation dependent upon the "path" of the particular underlying...
So are you saying that the double short ETFs not only do NOT underperform on a daily basis, but they also do NOT underperform on a long-term...
If a double short ETF underperforms, wouldn't a strategy of shorting x shares of the short etf and 2x shares of the "underlying" be profitable?...
Hello Everyone. I was just wondering about the limited partnerships, USO and UNG. I often trade these animals in conjunction with various...
The decline is not as large as it appears. 12/29/08 (today) is the ex-dividend (.75) date. AZD
Folks: I don't think there is anything sinister going on with these funds. It looks like capital gains distributions. The QID alone has...
Spin, Good to see you are still around. How have you described these spreads in the past? "Grand Canyon" size spreads if my memory does...
Hi Mark, Yes, I've seen that happen from time to time. :D What was interesting today is how difficult it was to determine where the "true"...
Did anyone notice the huge spread on the SPX options this morning? Unbelievable. We're talking 40+ point spreads. For example, the Nov...
They made millions by intentionally loading up on OTMs? Or did they just let existing positions go to settlement and get a nice surprise? AZD
And this 72+ point gap up to 1279 is much higher than the actual high of the day to this point (1265). With the SPX at 1133 yesterday, who...
You can purchase a put spread. For example, if stock is $100, instead of just buying the 90 puts you can buy the 90 puts and sell the 80s or 70s,...
I believe you can make a request for the new strikes to be added. AZD
Yes. Not one of my best decisions of the year. LOL
Yes, I would be careful with this strategy. One look at an October 1987 VIX chart will give you nightmares. AZD
I was looking at the Decembers. You are probably not going to be able to arb anything with the spreads so wide. AZD
UPDATE: 6 months later and nothing has changed. Unless there is another retail order out there, it seems you almost have to sell at the bid and...
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