Recent content by dojiboy007

Look up at the top of your screen......right between "Books" and "Chat"

RUT IV is RVX

Did coach just buy some call hedges?

So this is a directional trade (ie put on when short signal is generated)? Or is it put on when IV is low?

I've often wondered the same thing myself. I know of a $400M-$500M long/short utility fund that shut down because the head guy woke up one day and decided that oil above $40/barrel was not sustainable. Lost enough $ making bad directional bets that the big investors pulled out and the fund had...

Try switching from "Single Symbol - NOT WEIGHTED" to "Portfolio - BETA WEIGHTED" on the analysis page of tos. You can model SPX with SPY, and anything else you want, on the same P/L graph.

any idea where in that 10-15 pt spread you could get filled?

I too have modelled the effect a 10% drop and a huge vix spike on a double (or single) diagonal. The question I have is how wide will the option b/a spreads be in the event of a black swan, and how far from the mid will you be able to get filled. Thanks Pete

Coach bought put hedge!:eek:

http://www.elitetrader.com/vb/showthread.php?threadid=49586

You might also experiment with wider strikes. Haven't looked into this as much as I would like, but wider strikes on the diagonals seem to lessen the effects of a drop in IV.

Has anyone addressed whether or not options on futures are subject to pattern daytrader rule?

Coach; I seem to recall your mentioning a long while back that you knew someone at a hedge fund who was trading very wide credit spreads, ie 10x100pt spreads instead of 100x10pt spreads. I am curious to know how his positions have fared these last few weeks what steps he has taken to...