Down to about $90k, where would you park it if your trading skills were trash?

It's only an 8 Sharpe.

 

Passive?

Put $85K in 1Y Bills -> short the Jan25 50/100 digital in calls on the NDX struck 500 over the Jan-synthetic (18500/600 cs). The bear call spread will run $5K in req and you'll earn that back on the RFR. Returns 10% (or more) inside a year below 18,500 NDX. Break-even above 18,600. Defer taxes to 2026.

Bear vert earns you nearly 6%. 1Y running 4.8%. 11% in a bear mkt. Trivial upside loss (1%) above 18,600 cash NDX and you'll be up MTM on everything (drop to synthetic, absent beta) if we get rate cuts.

The edge is actually juicy as it's a leveraged roll down on time and synthetic time (rates).

 

Can't go wrong betting with Bogle. Great recommendation sir.

 

I might sprinkle some money into data center REITS if there are any paying dividends.


They are the backbone of the economy now. They shouldn't have a problem if there is a commercial real estate crisis.

 

OK, I stand corrected.

Is he worth double digit millions?

 

@zghorner

Ever find yourself near Chicago or the East Coast - might be able to get you an interview as an associate desk trader. Might not be your ideal position, but it can be a great learning opportunity.

 

really appreciate that man but sort of locked into Oklahoma.

 

I do own you an apology.

Thank you.

A moment ago someone else also pointed that out to me.

I followed up, read his posts.

 

MGK, FNGS or XLG on pullbacks.

 

Earns 11% below 18,500. Loses 1% above 18,600, net.

The real value gigi is the roll down vs. market beta.