More ammo for you option traders!! http://www.fooledbyrandomness.com/GIF.pdf Hope I don't get sued for this? How come anytime someone says delta, I wanna take a nap?
lol, no. I thought it a case of mistaken identity or a spoof, but the domain checked out. I posted it on here last year. He was in Italy at the time.
because it really hasnt happened Since Taleb started trading..... why do you think most dispersion guys who run long gamma books have gone the way of the dinosaur?
but what is the reason for it ? Why , in your opinion , long dispersion use to work , but not anymore ? What changed ?
www.nuclearphynance.com/User Files/2/ Dispersion%20-%20A%20guide%20for%20the%20clueless%201.1.pdf Good explanation here maybe
Received follow up e-mail. I had invited him to review this thread and comment on trading style etc. It was obviously a long shot. The polite response was: Thanks a lot for the email. My policy is not to follow the sites about my ideas, not to read, and not to respond. The only things someone monitors for me are statements that can be blatantly misleading or defamatory in nature. On the other hand, you are welcome to ask me a few theoretical question about a hypothetical trade and I will respond to you. You can quote me if you wish (including this letter). I will be on planes all day tomorrow and will not be able to reply until next week. Best regards, Nassim