Recent content by sellvol

What makes you think they are going to sit on their hands and pray that their position is positive in 2019? Whoever bet against Buffett is up huge on vol and deltas and is likely locking in profits as we speak while Buffett eats shit. LOL I know hindsight is 20/20 but his trade was a train...

Come on now. That's just silly talk. Would you rather feed the poor through your tax bill or via them coming inside your house and taking your shit directly? I am no fan of entitlements but the alternative is scary and i love my peace and comfort.

Yes, up two handles at unbound risk after two months of waiting. Some trade. Would you be here posting if the vix sat at 50 today?

Can you use the search button or are you as thick as you appear? OP -> Why are you short may vols in December? Any particular reason you chose that duration? There is no theta to speak of, only convergence. This far out there is none of that either. Having said that, I second the line of...

Agree. Let the guy speak. The craziest stuff he comes up with the better. We havent seen so much vol in years. Sooner or later though, the effect all this government air time has on the market would lessen.

What you refer to "out of line" isnt necessarily a divergence from fairval. VIX curvature isnt always linear whether in backwardation or contango. I've seen \_/ curves, /\/\ curves, \/\/ curves, \_ curves, you name it. Even if we assume that "fairval" is model independent, many factors influence...

How exactly is this arb going to work? Can you enlighten us?

I second that. OP - sell/buy the implied distro in vix derivs into a declining/rising HV signal. When trading pure vol, I'd take corr risk(implied over stat) over strike dependence(delta hedging) any day of the week.

At least you still have your account. http://elitetrader.com/vb/showthread.php?s=&threadid=101274

Well, it's amazing the things people get to say on TV or in a book for that matter. I am having a hard time believing that someone who trades in their bathrobe and slippers doesnt get out of phase when they are up or down $50k in a day. Perhaps, the book has some good revelations.

...back in the day, i'd make $50,000 a day and i'd be all pumped up, i'd run laps around campus, now i am up $50,000 a day and its like so what, it's just a day. I admire this detachment from $$. Any insights on that in your book?

Enough said. Time to move on.

Yes. Hypothetical example: $100,001 account with $100,001 cash balance. GOOG at $500. Sell 2 July GOOG EFPs(100k worth). Yield 5.40%. Total commission $1. Available buying power after the trade will be $80k. You can daytrade stock or swing futures up to that 80k limit w/o incurring debit...

phil, stop acting like your legal assistant was better looking. You'd still hit it when your wife isnt looking. :D