How about DRW, CTC, and Wolverine? Those were all great "sheet monkey" sweatshops.
A good free site where you can track individual stock IV as well as historical vol is Market Chameleon:...
Extra credit: 1. When you buy two adjacent butterflies, what do you get? 2. At what point on the IV curve does a long butterfly position go...
"so if i have a butterfly a spike in IV will kill it to the downside" Depends how wide it its and how close the "guts" are to the ATM. The wider...
You must have bought the strangle 192.5p/230c just before earnings. You got murdered on the implosion in implied volatility, and to a lesser...
Depends on many factors: overall IV, steepness of skew (difference in IVs between the 50d and 25d points), time to maturity, and the 2nd order...
If you bought a 10 yr junk bond and sold a 10 yr US Treasury Note against it to lock in the credit spread, you have just as much risk or maybe...
Maybe that's what he meant to ask.
Credit Default Swaps are as risky as naked OTM put options....in many ways mirror images of each other. They are often spread against each other...
Interesting generalization you have concluded about who makes it and who doesn't in this business. You wouldn't happen to have any quantitative...
I have to laugh because I have those same awful memories...hardly remember my really good trades, only the really bad ones. And I couldn't stand...
Wheezooo explained it perfectly, and it's a sinking feeling you would never want to experience. Initially you felt great if you were the first one...
My guess is that the effect that covered call selling has on OTM call IVs would be nearly impossible to quantify. You would have to categorize...
You can do all the research and analysis you want to try and figure out why a particular condition or phenomena exists, but to truly believe in it...
I have not seen any quant research to back this up. It's simply one of the stylized facts of the industry. I forgot to mention that another...
Not aware of any service that monitors these opportunities. If you find something out there please share. i keep track of these combos on an...
"One more question re: long term maturities. Assuming the stock returns follow a more normal distribution, what would the IV curve look like in...
Need to point out something important to you. When you look at the IV skew of the strikes, the shortest months almost always look steeper and more...
For the most part you got it. Not sure I agree with your statement of "Equities are more normally distributed, index options are less negatively...
Adderall works amazing for trading and is a good substitute for cocaine. The problem, like any drug, is you become physically dependent on it and...
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