Pairs Trading?

Discussion in 'Strategy Building' started by drobin, Feb 20, 2005.

  1. OK, just for fun, let's talk the naked put thing again. From Mav this time, I think, LOL. "both (naked puts and pairs) involve unlimited risk on the downside"....well, since we're short few GM puts at the $7.50 cent level, I think my risk is limited to $7.50 minus the premium I received for selling them..therefore, they are limited to the strike price minus premium. (again, I think).

    To Exodus, I will see if PairCo wants so share some of their results, as always, since regulators read this, I have to see how foolish my Compliance Officer thinks I am for being so open. If I show good, honest numbers for winners, then I'll be accused of "cherry picking" and if I show an "average" then I'm accused of skewing the numbers. Sometimes you just can't win, but I'll see what I can do.

    (Do me a favor, and ask another Broker Dealer to post their results, just for once I would like to see someone who is regulated share that info).


    Don
     
    #41     Jun 27, 2006
  2. Hey Mav, and others from "Chicagoland"...I'm thinking about bringing Rob from PairCo back to Chicago sometime in August. Maybe a get-together and/or a short, 1-2 hour workshop one night. I would like to make the most of my time, and since there are not many casinos close by, I thought I would see if you guys are going to be around, maybe dinner...??

    Let me know if you're going to be around...

    Don
     
    #42     Jun 27, 2006
  3. I was kind of hoping you guys were going to do some stuff at the traders expo in chicago.
     
    #43     Jun 28, 2006
  4. Maverick74

    Maverick74

    Don, I'm always around, but it's going to cost ya.......:D

    My time ain't cheap these days.
     
    #44     Jun 28, 2006
  5. Sorry, but those particular expo's have kind of "worn out" over the years...we're focusing more in serious trading workshops and retreats these days.

    Don
     
    #45     Jun 28, 2006
  6. ig0r

    ig0r

    Hey Don,

    I might come out and say hello. I trade for Gennady (if you remember him, heh) and traded with Barry and others at vegas Assent last summer.
     
    #46     Jun 28, 2006
  7. Exodus

    Exodus

    Don

    I have been toying with visiting Rob in Vancouver to learn equity arbs but If you guys ever get to Toronto, let me know.

    Dinner and a show is on me at Casino Niagara.

    I would love to share some of my Baccarat stratagies with you !!!
     
    #47     Jun 28, 2006
  8. Super, and of course I remember Gennady, he's still a Bright Trader...and (don't tell him, LOL)...one of the smartest traders that I know.

    Don
     
    #48     Jun 28, 2006
  9. You know, I sure wish Ontario would "lighten up" a bit with registration for GS and the trading firms, so that we could expand PairCo to your Province. I think Toronto is a cool place.

    Don
     
    #49     Jun 28, 2006
  10. How? I looked into it and every broker says it is impossible. They said you can't buy the emini S&P 500 between the .25 spread. They said you can only buy it at .25 of bid or ask. Is there something I don't know? Or a way to trade between the bid ask of emini?
     
    #50     Jul 21, 2006