Recent content by benjjj6

Any resolution on this? Did you avoid making an international payment and incurring those bank fees?

Okay if you short an option, perfectly & continuously delta hedge it AND Volatility does not rise you pocket the whole premium, right? And even if Volatility does cause the option price to rise so long as your Option expires OTM you still pocked the whole premium right as Vol goes to 0 at...

But I think my question still stands: If you are short volatility and hedge all other risks don't you always win if you hold your short options to expiration since the extrinsic premium goes to 0?

My mistake. I was confusing Vega and Implied Volatility: http://www.volcube.com/resources/options-articles/the-relationship-between-vega-and-implied-volatility/

I am having trouble understanding what happens to Volatility at expiration. Can we say Volatility goes to 0 at expiration? My options chain certainly shows Vega as 0 on expired options. Is Vega considered extrinsic value? If so, as all options expire at intrinsic value why not short Vega...

OP mentioned that they are running a DELTA hedged SHORT PUT option strategy. Can someone explain how it is possible to blow up when you are delta hedged? Assuming you are Short Puts and Short Stock, I can only see 3 ways: - You are short Vol so if Vol very quickly goes through the roof you...

Hi What could cause the last trade to be within the Nation Best Bid/Offer, for example: National Best Bid 30 / Ask 30.10 How could the last trade be 30.05 within the spread without the NBBO changing? If someone placed a limit bid at 30.05 the NBBO would step up. If someone placed a...

Thank you, do you happen to know how to do this with Ninja and Zenfire?

Hi By looking at this chart can anyone tell what it is plotting? I believe it is something to do with the tape, maybe Bid/Ask? https://twitter.com/smbcapital/status/236112466176774144/photo/1/large Any do you know how I can recreate it in Ninjatrader? Many thanks, Ben

Hopefully not...

thank you, I will try that book, this afternoon I have been reading several research papers which all concluded that yes stops are run (because their placement is predictable) and yes they do serve to accelerate price. In fact I have learnt more about order flow from research papers than I...

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