Are you still in this trade? If not, how did it all work out? Fascinating stuff. Thanks and good luck. I'll just stick to the low end noobie type stuff--long/short ES--nothing too complicated or exotic.
Yes I agree. Riskfree is a good guy and doesn't need his thread cluttered. Anyone wishing to continue the discussion re: allenhobbs' new job with BnB please do so at the link provided: http://www.elitetrader.com/vb/showthread.php?threadid=122932 Sorry for the disruption Riskfree, enjoying the thread so far buddy.
Yes, the exotic is marked to 65/100 based upon the move towards neutrality and a mark down in vol + decay. Hurting on the ES hedge but it's 20% of the debit at 1290 on ESM8.
Thanks. Fascinating strategy. Do you know of anyone who mentors beginners on this sort of trading (please don't say Reaver)?
From what I've seen on your journal, I doubt there's much that's over your head!!!! God bless! P.S. Glad to see atticus finally coming around to his senses and not trashing threads.
Yes, thank you Atticus for your civillity. Perhaps your little friend will listen to you, as you seem to have come around. Good day.