Mark Brown doesn't understand that it is about price not premium. Neiderhoffer went bust selling PREMIUM at 0.2c and exploded to price of $38.00. He made a lot of money, consistently, with all the odds in the world in his favor... yet he's gone. It's not about odds, it's not about premium, it's about survival. Naked tail risk "selling" risks survival. In general, tail risk selling is a non-ergodic strategy (time probabilities diverge against ensemble probabilities; it is a loser strategy). P.S. BofA just announced in their earnings report that they had zero loss days in trading business. (red flag!); i wonder what they're risking... oh yea, the entire firm and taxpayers $$. Strategies that give you an illusion of certainty and static income is subject to a blow up... think hidden risks.
Access to Autobun. http://www.markbrown.com/client_content/projects/research/trading_research/ccp/team.html
Clown college. He's been pulling the pages down, but now they're back up. Server overload from all the page requests lol.
I am considerink going with dese guys. They has Reutures, AutoBun, mutipal coLLocations and they will beat Citadel and all dese mofos at there own games!