I thought 7/4/2007 was a holiday and all US markets closed. But the historical data on Yahoo Finance showed the following trading results for DIA...
3300% in 2 years by short vega/gamma is extremely unlikely. The more likely scenario is long far OTM and got lucky.
Mostly agree, but it takes money (sometimes lots) to hedge against other Greeks.
First, there is an idea call trust, i.e., credit. Second, the Fed can create credit out of thin air. Just call this Federal Reserve Note the...
Recently I sold a large number of contracts with a limit price that was equal to the bid. I used IB TraderWorkstation and the order was placed...
I have been trying to find convincing evidence that Chinese yuan is interest-free as you speak, and not a form of debt to enslave the Chinese...
Actually, volatility increases the downward drift of both inverse and leveraged ETFs. That being said, if the tendency of inverse and leveraged...
Can you trust international bankers? Can you trust Goldman Sachs? Can you trust the Fed, the IRS, your elected politicians? Can you trust your...
Precisely: (A) In random JUMP of extreme volatility (NOT random WALK), (sambian system) = (buy and hold with stop loss) = (huge easy profit)...
Guys, betting on a fair coin is not how the real market works. As I was trying to point out in my previous post, taking profit or loss on the...
The range from -a to +a is just an example. If you are concerned about 0 or negative numbers, just translate [-a, a] to [2a, 0]. Start your random...
I also replied in another thread: The problem here is your random walk model. I think you are mixing continuous processes with discreet ones....
The problem here is your random walk model. I think you are mixing continuous processes with discreet ones. In your model, each step of the random...
I had put quotation marks around the words "time decay" because inverse and leveraged ETFs behave as if they have time decay, even though the...
I had thought about synthetic sticks, but in IRA, short calls are not permitted either.
Inverse or leverage ETFs have undesirable "time decay" and is not suitable to be held for long time in IRA. Any substitutes that have (-1)...
I have read your article in its entirety. Your assertion that the odds are in your favor (2:1 with equal probability) seem unrealistic. Everybody...
I want to get some comments on the following: http://sambian.wordpress.com/2010/02/07/29/ To me, it is the same as saying: "Buy and hold;...
Excuse me for being in a hurry. Let me get this straight: if I want to wire $10,000 to my family in another country, then I have to pay $3,000 to...
ALWA has the highest Sharpe among all option-trading systems.
Separate names with a comma.