Wait, so now that you work directly with making a market in options, you don't even use BS because you found another better inefficiency that is based on the data. I mean, dude, that is my very point. To be fair, I don't have a model. I don't do these things, it's going to take research. My point is simply that because BS violates all the properties of good modeling, I have confidence that given the opportunity I could beat it using sound stat modeling if I could get someone to present me a use case with benchmarks to beat. And if I can't beat it, then well, won't that feel like a small vindication for a few of you. If I was trading options, which I don't because I haven't finished my analysis yet, I would simply use them as a means to increase leverage and take short short side without having to sell anything. Simple, straight forward, easy to understand. Just the way I like it.
Concur. There seems to be a lot of African-Asians that are placing in the Putnam circa 2023. I hope that I did not offend anyone.
lol he's referring to synthetics, parity and arb-relationships. Solving for the price of the put(call) with the share price and the call(put).
thank you. i have offered to post trades from a personal account daily for the next month if somebody else will do the same. a gentleman's duel if you will. maybe, you sir are up for it?
I obviously don't give a crap what other's think about what I say. That at least should be obvious. I thank mr Kevin above for saying something real and giving me something to work with. Might take a few months, but we'll see what pops out of it all.
Will that prove that BSM is shit? I don't care about your trades any more than you care about mine. Personal account. Family office. Yes, my best run/year to date: https://www.elitetrader.com/et/threads/dests-everything-journal.332136/page-11#post-4859112
no, of course it will not, but it might keep you from making so many aggressively arrogant comments about how dumb a plebian like myself is compared your vastly superior understanding of markets.