dest's vol-arb and modeling journal

He's 19. An average day of sim and you only arrived at $460? Huh.

 

it is actually $462.50 from yesterday....how much is his trading account size?

 

lol, so true. I use BSM, not even binomial (I know they converge). How much have you made with your jump-diffusion BS? About what I thought. I had an arb in ES paying 30% more than haircut... in three days.

You have one of these? A raw stress a day before exp with vols in the bottom decile and long vega. No vol-shift. Both tails are convex.

 

lol I opened the account with $27K to give him a cushion above Reg-T. There is a hair over $40K in there. He booked 22% last week.

How much is in your sim-account?

 

so it isn't his money and his daddy money? u push the buy and sell button for him too?

 

He was funded with $27K, correct. He's up 50% on net liq since the first of the year. He will pay us back when he's comfortable that he can stay above PDT with organic gains. I didn't even know what he was trading until this morning when he asked me to go over his account. I've not touched the account other than to monitor his progress on weekends.

Perhaps you can schedule a Cameo call with Finn. It's $500.

 

haha yes it was an odd flex.

 

so what did he trades this week that he made $3k?

 

Closing in on 70%!

 

Real shit. Volatility on index, single-name vol and FOs (NQ, ES). lol he pays more in comms than you do bc Finn's trading isn't simulated.