Broken Dreams, I appreciate this thread and I'm sure many have too. It's a contribution that's rare, and it's great you were willing to share. We all want to believe in better things and in more apealing imaginations. But sometimes hearing it from another way helps balance our senses.
Just ignore the stupid shit.
He's just a depressed 19 year old loser still living at home with mommy.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=69643
It comes from the skew. Short high-vol, hedge out with cheap-vol.
But do you really want to sell those OTM puts though? The high-vol may actually be the "cheap" one.
:)
People who piss a lot of money in the market and then display their inferiority complex on a message board ultimately get banned. Poor guy. Where will hopelessly battered egos like RiskArb go cry to now?? LOL :D