There is also the chance that June calls are paper trades, but I agree he would not have forgotten, just like the "guru"who was bullish at the top, and never responded even if he most likely reads the posts. PS: Expiration effect today or just summer?
I don't see why not, after all, it has absolutely no relevance or tradability and it is completely useless.
are you being sarcastic? NFV worked great for the last 2 months, the exception being the most recent drawdown. even during the drawdown you could have at least b/e depending until what spread you manged to pyramid (and if you chose to sit through the drawdown). to put it another way, if one had followed the rules nitro laid out, one would have made ton of money of the last ~2 months (despite being stopped out during the drawdown).
I agree. I've been paper trading futures using NFV for the past couple of months, to great success. I've come up with a bit of an expansion on nitro's rules, to use NFV to trade SPY options, and am hoping that NFV sticks around a while longer, as I would like to give this a try with real money.
No. There are always legal issues with this. For example, some of the backers I am talking to are FOFs. There is zero chance they would allow me to do this (I know since I was backed by one before and the legalese was daunting). If I get backed by an individual, it may be a different story.