@raVar said: For that matter, what's a Reduced Call/Put Ratio Back Spread Option, or how about some of my engineered derivative favorites such as the Reversible Iron Butterfly Option, or the Encapsulated Double Apex Option, or the Encapsulated Double Apex with Bleed Extensions Option. Or, while we are naming names, how do you unwind a Throughput Ratio Apex Option? Before you start preaching Option Greeks to me, realize that I almost wrote the book on them and have engineered some of the most timeless equity stock option derivative structures that you will ever see - or more to the point, that you will never see, LOL. Say it ain't so.
Let's unpack this sh!t as it's Friday and it's hilarious. That's a @raVar/veyron thread in which he promoted "grid trading" or simultaneous longs/shorts on OTC FX in the same pair. The shi!t that the NFA outlawed to protect the clients from themselves. We got past the Fibonacci sh*t and he admitted to the ridiculous long/short position. I don't know which post triggrd the guy, but he wrote the above option gibberish quoted by TBS. Backspread option? As an option. Reversible iron fly option... because the put or call fly isn't enough. It's an iron! Encapsulated. He should have used embedded. At least we would long for his OTC explanation. Piece de resistance: his bleeding extensions. This is a guy who has spent DECADES on here and has learned nothing. He could read Hull 10x over and the result would be the same. Immortalized here. He thinks a long six month call is short vega. THANK YOU Hosea Askew and your many nicks.
One more link: https://www.elitetrader.com/et/thre...de-6e-over-eurusd.172952/page-18#post-2549146 I would have liked to ask him what he thinks Euro-style represents...
Tough love, Bro. We know you're reading this thread. https://www.elitetrader.com/et/thre...de-6e-over-eurusd.172952/page-19#post-2549706
I told veyron that DBFX was simply a white-label of FXCM and he would find that FXCM and DBFX servers are the same; FXCM at Old Slip. He went ballistic and then called FXCM: https://www.elitetrader.com/et/threads/deutsche-bank-and-fxcm-connection.169495/ Seven years later, as a commercial vendor on forextfactory, he posts that I work for FXCM on post 9440: https://www.forexfactory.com/showthread.php?p=9125736 Now, in sh*head's defense--I did state that I work for FXCM bc well it was hilarious! I feel like Branagh retelling that story in the closing scene of "Conspiracy" .... what will I do without you, Hosea!
Here's where one of his sock puppets thanks him for asplaining why he's no longer mentoring. The sock puppet was also banned. https://www.forexfactory.com/showthread.php?t=606521 "Hosea Askew's nicks. Abridged: https://www.elitetrader.com/et/threads/whats-the-story-with-alpari.238736/page-6#post-3588009 Hosea, any long call short vol trades that you're looking at?
@raVar/veyron/"hosea askew" takes a $50K demo account to $9K. Just for the naysayers. https://www.elitetrader.com/et/threads/just-4-the-naysayers.173880/ Just read the thread.