Option replication and exotics journal

Discussion in 'Journals' started by riskarb, Jul 14, 2005.

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  1. Risk--do you post your trade as they happen? (it looks like).
    I don't doubt much your achievment, I traded exotics with IG and know their potential and if that's the case this journal might be of monumental value....
     
    #311     Sep 19, 2005
  2. When I can -- some of the overnight trades will be filled due to conditional orders tied to the barriers. I have someone executing the "not held" overnight stuff, but he's not working out.
     
    #312     Sep 19, 2005
  3. I've got just two question for you: if I will get back trading binaries I'd like to know if it would be a good idea to trade them on binexx, I know traders are competing against each other through it, but I heard they delay transactions as matter of policy (same with IG), especially on consistent winners.
    Is that the case with any broker specialised in these products or not?
    And do your brokers provide hourly deficits and hourlyup/down?

    THX in advance
     
    #313     Sep 19, 2005
  4. I trade in the primary, OTC dealer market. I don't have any specific-experience trading with retail/website offerings. I do compare model output with some of the websites to get a mean-vol estimate. I think IG has a decent reputation. SocGen's clickoptions are the standard in the industry, but have arbitrary conventions[strikes/tenors].
     
    #314     Sep 19, 2005
  5. Full payout; came within 100 points of hitting the upside barrier. :eek:

    Exotics blotter: +$374,000

    No open positions
     
    #315     Sep 20, 2005
  6. Nice work Risk


     
    #316     Sep 20, 2005
  7. Wow, insomnia loves company. I have an excuse, but you're on PDT! :eek:
     
    #317     Sep 20, 2005
  8. Money never sleeps my friend.

    :cool:

    BTW: Don't you find that you wipe the floor with the slackers in this business who claim that they "work hard?" I surely do......friends and foes alike.


     
    #318     Sep 20, 2005
  9. Absolutely. We'll soon be dividing-up the Universe between us while they're sleeping their lives-away... :p
     
    #319     Sep 20, 2005
  10. Going long delta in an index double no touch before the Fed meeting. Received a bull-signal at EOD yesterday. Don't relish the idea of fading the Fed, but I've got to take the directional signals when they come.

    I'll likely price a barrier with neutrality 5-10 handles above spot-index in SPX or possibly FTSE for indirect US exposure.

    I am also considering the possibility of trading a bull no touch/short futures hybrid in lieu of the 2x no touch. The resulting position resembles a short synthetic straddle:

    Long D
    Short futures
    No touch < spot
     
    #320     Sep 20, 2005
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