Recent content by CashDelivery

The power of options is mainly in leverage and cash flows. It is a very powerful concept if mastered but grossly misused by dilettantes. Options can be used for income, but it usually means for ever 10k you make in "income" you miss something like 40k if you simply traded the underlier, or you...

I have a short dated option that I would like to turn into a long term synthetic forward. I'd like to do that now rather than wait until the contract expires so I don't expose myself to forward vol. I want to do at t0 (present), option contract sep + forward start option = option contract dec...

Thanks, I also did some research since this is burning in my head right now. It's a CBOE shakedown. https://www.cboe.org/publish/RuleFilingsSEC/SR-CBOE-2009-009.pdf I feel I can take the trade bid/offer and only quoting one side just reduces my fills by potentially 50%. Tagging orders sounds...

So I saw some things in the market and was able to reconcile one of my old NY4 strategies to retail. Not even using a computer algo, doing it by hand! To my dismay, I find if I try to make markets on options I get an error from my broker: "Order Reject: This account cannot have open orders on...

I work in the biz, I've seen bad technologies from other trading firms, aggregator/brokers are even worse. Even if they have good intention, their hardware and use case won't permit them. One product moves everything else moves at the same time. You need to pay big $$ up front to see what you...

most likely its your broker. Then it's your ISP and the internet. if you want speed get a cable direct to exchange port. or at least run it on AWS near the broker.

Your strategy is constructing a free option for yourself as the losses are financed by the traders.

I think I am offering a pretty unique opportunity. I am a professional developer with many years of experience working in HFT. My experience is basically full stack from UI down to strategy and gateway. I recently received some crypto currency, a product that I have longed viewed as a scam...

The SABR model looks very interesting and S&P is an appealing product. For single names, I don't understand what you mean by fixed strike, beta seepage. Can you clarify? Thanks.

what you have said thus far is fairly generic and obvious. lets get into the meat of the matter. what kind of vol dynamics are you using.

what are the features that define selling vol high and buying vol low?

Assume I have this, what is the strategy?