OK so what about shorting the combo to fly. With the vols so low on CME I BOUGHT 2 strangles (cme was at 125) thinking that the IV will increase like 500 BP in the next 2-3 weeks. Is this my 4th stupid play this year? I can take it I have 2 vodka tonic's in me
Update: Magna has banned my riskarb and highfreq handles as of this morning. I'll post one final update to chat as well, but this is my official, final-post on any ET trading forum. Email to my riskarb at gmail account is read daily for those that want to keep in touch. It's been fun and I've actually learned a lot as well. riskarb
No, Magna did not ban your highfreq alias. And, yes, it was banned this morning. I don't know the exact reasons as I didn't do the banning, but it might have something to do with the violation of ET policy against multiple aliases, the flaunting of the recent riskarb ban (by signing riskarb at the bottom of many highfreq posts), the fact that it makes little sense to ban a user and immediately allow him to post under another alias, etc. At riskarb's request his other journal has been closed and this one has been left open for on-topic discussions.
Thanks Magna -- I was wondering why this had been closed as well. I appreciate ET leaving it open. Signing off.