ok no problem. sorry i just went a little defensive when you put it this way: "It is my believe most "Traders" would agree."
I think a better question is: How much will Exxon make in the next six months? What Riskarb makes is his business and has no effect on any of us.
I hope you really kick ass. You deserve it. Your dedication to this business is nothing short of spectacular.
30%+. Smart trader, good strategy, shouldnt have too much trouble beating s&p by 3 standard deviations.
his pissed off the mods again so I guess we'll never know (how much he'll make in the next 6 months) unless we check in on his blog
I think it was this post: quote from riskarb Magna, The premise centers on the probability of producing adequate #s of paired but opposing outlier component positions which may earn more on gamma than is lost to the premium paid on the vol-swap, component vol // index vol. Paired-opposing outlier positions will be offset and replaced with fresh atm gamma. Wonder if arb would call somebody that right to their face?
he will be back. one way or another. the riskarb saga with et is like some marriages i know. on again off again.