Recent content by hoop121

man, when that HJ decided there would be no winter for the weary, it really decided to deflate that premium

So is this convexity a fancy way of saying asymmetrical returns?

Jan $5 calls bid at .04

idk, HJ looks like a chop fest

That was freaking gold

"big gulps, huh? welp, see ya later." - QAu

after that tealeaves conference, i started loading up on dips. there was almost zero risk premium the last few weeks, imo

natty just ran straight up to the QAu. crude taking a rest here as it hit the MAu. late longs getting tested

0% return? So flat?

kind of an odd generalization. how about we generalize day traders. considering the old saying that "90% of them lose money", what would you say the returns of a "day" trader are?

Actually, the news today was bearish and probably trapped a lot of late longs from yesterday and Wednesday. The crude guys I talk to are still bullish, but Mav is right in that this is chopper mode right now. Cold winter predicted, potentially a historic winter. If that plays out, then nat gas...

lol. he was actually a plumber before he started trading. he's a brilliant trader and i follow his market calls closely. but he didn't apply proper risk management until after he made that huge run

does it mention how he ended up losing most of that 18m using the same patterns when the bubble burst?

at QAu as well

no, i mean like corn, wheat and soy beans. also, DE has been on fire as well