Good call on the GOOG cash price and on the SPX cash price. I ended making back my loss. Unfortunately didn't cut it because I had to deal with my other job all day.
just a few quick questions for the guys wearing helmets and on training wheels (me) ... are you essentially pair trading? for example if you believe a single name is correlated to the index.. and you believe that single name is way ahead of where it should be in relation to the index.. are you finding ways to short delta in the single name against a long delta position in the index.. (or other member of a pair)..
No, I am betting on direction in vol (convexity to Px, vol, gamma/theta). I don't do any replication or disp in this account.