limit to max spread?

Discussion in 'Options' started by loufah, Oct 21, 2002.

  1. Trying to figure out what island's telecommunications can support arbitrage trading.
     
    #11     Oct 22, 2002
  2. ...
     
    #12     Oct 22, 2002
  3. Not concerned about the offshore structure; just the countries infrastructure in regards to supporting our style of trading.
     
    #13     Oct 22, 2002
  4. Metooxx,

    Would you please elaborate on your statement: "missing parts of the game because you think you know the answer."

    Are you merely trying to state that he should keep it simple, or am I missing something?
     
    #14     Oct 22, 2002
  5. def

    def Sponsor

    My interpretation - opportunity can knock anywhere.

    Fiji - I may be well off base here but there might be serious concerns about the stability of the govt. They also get hit badly by hurricanes every now and then.

    Tahiti, no clue.
     
    #15     Oct 22, 2002
  6. prophet

    prophet

    I’ve successfully bought at the bid and sold at the offer on illiquid options with spreads like 0.15/0.35. It just takes patience, as in waiting a few hours.

    Metooxx,

    Do you guys make inside bids or offers on illiquid options to catch the unsophisticated traders? Or do you need lots of capital and computing power to compete with the MMs for these trades? Can you offer any tips or examples of situations where this works well?

    Thanks!
     
    #16     Oct 23, 2002
  7. Using as an example our esteemed colleague Aphexcoil remark, "Personally, if it doesn't trade more than a million shares a day, I wouldn't touch it."; he doesn't have a clue of what he speaks. He is with one sweep of his hand discounting all opportunities in 75,000 or so options because he thinks or has been told that you can not make money there.

    And then he wants to apply ever deep strategy ever published, that everyone else is looking at, without the capital or technological edge necessary to capitalize on it ...
     
    #17     Oct 23, 2002
  8. Def,

    To restate, on your side of the world, what island paridise is most appealing?

    Michael
     
    #18     Oct 23, 2002
  9. Yes; traders, MM, DPMs, etc.

    We try not to discriminate on who we pick off ...
     
    #19     Oct 23, 2002
  10. def

    def Sponsor

    Island Paradise in Asia.
    I'm not sure there are many that I'd be willing to live full time. Great places to visit but for me there is more to life than sitting on a beach. I guess I'm a city boy at heart.

    Bali - infrastructure and obvious other issues. However, it is really stunning to visit.
    Thailand/Phucket: very nice. know numerous people/friends who have built houses on the island. not sure about infrastructure.
    Hong Kong: great infrastructure and taxes but hardly a paradise.
    Singapore: ditto but family friendly and clean
    Philippines: some great islands but infrastructure wouldn't be in place yet alone you'll have security issues.

    Not an island but Sydney is beautiful. We have an office down there and if it were more central to Asia I'd be tempted to make it our Asian HQ's. Taxes will kill you though if not set up properly.

    I've known a few people who have done extremely well and have left the region to start up shop in Hawaii or even back in the states. Lifestyle is more important than money for many of them Ofcourse that gets you back to taxes. If that's your concern, consider Southern Europe.
     
    #20     Oct 23, 2002