So what gives? We had about 5 active posters all over this trade giving play by play and suddenly everyone disappeared faster then a Malaysian 777 airliner. Dave, are you still in this? You are a no nonsense type of guy that usually lays it all out there. Just curious if you are still in this.
Wow, I had a look at that @LH chart & reviewing your stated record of 25 wins 1 loss, 2 pushes... Not hard to figure out what your edge is... Shorting a contracting because it's high or buying 'cause it's low ain't no edge ...Many small wins, few catastrophic losses.
Some unmerited hate there, I don't agree with your observation, I feel it has been the opposite. Unfortunately, it's a hateful world.
+ 1 however possibility of limit up/down days in a row - risk cant be controlled so you have to have smaller size and then why bother with this market. Just 1 limit up day in this case so that is nothing special.
Do you remember what was the size of the limit bid? Hogs algo is split FIFO/pro-rata with TOP and LMM if I am right. Depending on the number of ( stupid )prints and the size of Rearden order, it is possible he got out. I wasn't in that market so I don't know.
OK, but those prints occurred before his post stating he would be out "no matter what". So I don't really get how this was possible as the synthetic went to 50-100 over lmt shortly after it hit (limit), and then limit up the following day. If he was somehow able, then great.
Yeah I saw that post, I just wasn't sure if you got filled or not. My back of the napkin math had you short a lot of contracts and I didn't see much fill after your post.