Hmmm, I don't follow why you'd want put bias. Yes, a bear-delta time fly would earn a bit more due to ramping of strip vols, but it would lose a...
As expected -- the large % bull runs cause the most damage, from declining strip vols and gamma losses. Nice to see it bags >5% on average.
Yessss... I'd like to see the test of the time fly. I command thee!
Of course; I am an AUM-whore.
Better than most! :p
The reigning King of the iron fly. He carried tens of thousands of long[natural] flies at a risk-credit. IIRC he made 7mil in one month on his...
The pricing is only representative of the moment. Initial edge loss isn't a practical concern beyond "relative value". A 7day binary touch will...
The initial pricing is acceptable, but the market-made on the offset is horrible; i.e., paying $1000 on a hit or miss and the immediate market...
The pricing of the O+A BoxOptions is egregious.
It's a fixed payout. The price of the box can be conceived of as trading inverse to delta on the no touch, and trading = delta on a touch. IOW,...
Wow, that's suprising. I've never used click as the product is not approved for US clients. Check Hodley.net for online pricing.
I am Riskarb and Seven of Nine's illegitimate love child. [img] Yes, she was at my Uncle's [daddy-risk's brother] XMAS party in '03... and...
I replied to yours from my gmail address. :)
Sent you an email, CP. Being "known" is a problem, but only if you're successful. Best to have 2-3 wire brokers to hit in rapid-succession....
You're one sly-Devil!
He's standing in the drive-thru window. They don't allow a chair. Take a look at www.anthro.com Currently running a sale.
Your time spread is going to cause pain. The loss from gamma in the move to 10 outweighs the gains from skew. I'll never understand the need to...
The vega is a function of individual deltas on the put/call wing combo strikes... larger wing deltas[individually] = larger vegas. Vertical flies...
Short too many gammas in the time spread. Benefits of the time-fly are predictability and limited exposure to vol-implosions. Timing depends on...
Typical routine: 1) Awake to screaming 2yo at 6am PST. 2) Lock door the den and rub one out. 3) Remove porn downloads and boot trading...
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