Recent content by LucasX

I tried HG from Comex but there is no liquidity to trade. Any idea?

I am not sure if there is the right place to post this question. Pardon me if I am wrong. My question is where I can find a copper future option market with decent liquidity. I had checked out the leading month for HG option, but it looks dead to me. Without liquidity, no one can trade it...

Re Jim Rogers, the allocation of capital to each commodity is listed on his website. I suppose that the fund is mandated to disclose this info but it can and is used against them by the rest of the market. re spreads, cost of carry is made up of storage plus interest. Easily determined...

To local: I'm a newbie in spread trading. Thx for sharing your trading story. It's a genius play against Roger. Btw, just curious how do you know he had taken half of the open interest, pit gossip? I just started trading bean spread n1- x1 like you mentioned. Missed its 15s level couple...

I remember someone once posted a link to a website, which can show you the optimal underlying price on option expiration so the writers can maximize their profits. Dose anyone still has that link? Really appreciated! Cheers, Lucas

Thx man. I like your simple argument but there is a missing unspoken assumption you made - the appreciation yuan will cause rate go up(my guess ur talking about long term USG rate). Why is that? Can you explain further or correct me if my understanding your argument is wrong. Btw I think...

Seriously man, I am looking for the possible explanation.

I am wondering what's the possible reason for that argument.

Market right now is down and my straddle is ITM. What's the best way to exit tomorrow or protect this winning trade? Suppose I don't want to trade underlying and hence there is no gamma scalping. Any comments are welcome!

More time value in premium so does in theta. I got to that point but never went further to think about what if nothing happens and then option expires worthless. Also I was caught in my argument and don't know why my explanation doesn't work. Apparently I can't use IV equals time to...