Recent content by KohPhiPhi

Thank you everybody for your responses, but the original question still remains: "How does “Yield To Maturity” actually materialize in an ETF that is constantly rolling bonds and therefore many won't ever reach maturity". Does anyone know?

Hello everyone, Right now, at the iShare’s official webpage, TLT is listed with a “Yield" of 2.90% and a "Yield To Maturity" of 4.00%. I understand that the difference is because many of the bonds currently held in TLT trade below par at the moment. However, I struggle to understand how that...

I am trying to find any website or charting platform where I can see the following data: Bloomberg US MBS Index OAS Agency MBS issuance Fed's MBS purchases Any suggestion on where I can get up to date info on any of those 3 items? Google is not helping. Thanks!

Remember that the dividends (and interest rates) are already baked into the prices. So, you will receieve less money from your short call and you will pay more for your long put, and that net debit will be equal to the sum of dividend plus interest rates. In short: no arbitrage possible... That...

Upon a bit more of research on the topic, it seems like the only difference between owning a stock downright vs owning its synthetic (long call + short put + bond) is the tax treatment. At first I thought that the synthetic would win out as it requires a lower capital outlay, but it's not quite...

Thank you BlueWaterSailor, I appreciate the contribution.

Thank you VERY much, super useful response. Do I understand, then, that the dividend part of the "basis" is repriced every quarter, thus adjusting the prices of the call and the put overnight on the date the dividend is paid out? Again, thank you for sharing your knowledge!

Thank you for the response, BlueWaterSailor. I am not aiming to exploit any arbitrage. I am simply looking to learn how exactly future dividend payments reflect into the prices of the put+call forming the synthetic long. Let me rephrase: when you own the stock, the dividends roll in every...

Hello all! There's a dividend-paying stock that I am looking to own, but I would rather own it via a synthetic long (buy a long-term ATM call and sell a long-term ATM pull). My question in particular is about the dividend itself: as you hold the synthetic long, does the dividend get somewhat...

Agreed. They are derivatives of #1, but they help me complete the picture from a visual point of view.

Hello all! Can anyone point out how to get ThinkOrSwim (or any other platform) to draw the different versions of the volatility skew chart for any ETF? In particular, I am looking for... 1) IV (Y axis) vs Strike (X axis) 2) Premium (Y axis) vs Strike (X axis) 3) Extrinsic value (Y axis) vs...