Actually, the claim is that BXM produces superior risk adjusted returns: same absolute return at lower risk. Here is the summary from the CBOE...
Best short term liquid investment? Beer!!
It's the same...it has to be or it will be arbitraged away.
Not only do they pay, the current rate is 4.313% (!), much higher than, say, thinkorswim.
I would be careful. Here is the IRS language: "A section 1256 contract is any: Regulated futures contract, Foreign currency contract,...
My reading of the IRS docs (#550 if memory serves) is that NONE of these qualify for 1256 treatment because they are not broad-based; they are...
From the CBOE website: PROPOSED SHORT-TERM S&P 500 INDEX OPTION PRODUCT SPECIFICATIONS Symbols: JXA, JXB, JXD, JXE (Weeks 1 through 4 root...
They're both Chicago guys in the derivatives market so it seemed plausible. Also, I have an OX account, so I hope Phil's stupidity isn't genetic.
Is Ned Bennett, COO of optionsXpress related to Phil Bennett of REFCO? ...just curious.
Is Ned Bennett, COO of optionsXpress related to Phil Bennett of REFCO?
AND the ES settles in the underlying (if its not expiring too) which greatly reduces expiration risk from quirky SOQs. Summary: SPX beats SPY...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=53071&perpage=6&pagenumber=9
I use TradeLog which accepts electronic input from most options brokers (IB, ToS, OX, etc.) and then reports back in a Schedule D compatible...
I'm looking forward to these. As a dedicated seller of theta I hate expiration week because the gamma gets to be too much for my risk adverse...
SPY went ex-div.
So...zero expectancy means that there is no edge, and zero sum means that there is nothing of value created; just a transfer of wealth from loser...
Not quite: there is no advantage if both buyer and seller hold until expiration. Of course in the real world position adjustments or...
Maybe not: there are many cases where both the buyer and the seller are happy with the outcome at expiration. E.g., say a large institution buys...
To understand B-S you need enough probability theory to know what "log-normal" means; and you need introductory differential calculus to...
I second the motion. I have traded options with IB, optionsXpress, thinkorswim, eTrade, and Ameritrade. Thinkorswim is the best. OptionsXpress...
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