Brent options

Discussion in 'Commodity Futures' started by heech, Mar 22, 2011.

  1. You mean the way IB blew up?

    These guys are 100% automated with low latency...
    I'm sure they capture a piece of the spread most of the time...
    And then when you lock it in with a synthetic...
    You are working 2 other spreads to lock in a tick or two or half...
    And you are scalping futures all day long...
    (As I write this, I'm injecting crack every 5 minutes while Don Bright does shots)...
    And those 1000s of options all net out to zero (or close) at expiration.

    Randomness is your friend, baby.

    If you MM/scalp futures...
    All you need is a break-even options hedging operation.
    To slash your variance...
    So you'd have to turn a Swan Counter into a full-time Options Trader.
     
    #21     Mar 26, 2011