Recent content by StocksnBlonds

I'm all over the place on this deal. I don't usually follow the futures markets, but I've found a few concise analyses of this fiasco that seem to illuminate the key issues involved. Rumble Over the CBOT What a Week at FIA! At the end of the day, though, you just have to hope that...

That day is rapidly approaching, probably sooner than you think.

:p Couldn't agree more....and it couldn't happen to a nicer group of guys. These CME execs need to get their comeuppance, and ICE is giving it to them. It is truly a pleasure to behold.

I'm curious myself as to how that firm did on Feb 27th. That is the type of day when options market makers traditionally make or lose their whole year, so I wonder how one of the largest liquidity providers in the business fared.

Sorry, Young, but you missed your chance. My husband used to be a floor trader on the CBOE, but those days are at an end. And that's in the multi-price world of options. In the single-price world of futures, things are headed electronic even faster. It is a Chicago heritage that is heading...

My friend, you need to review the basics. Pick up an options book or check out www.cboe.com, www.theoptionsinsider.com or www.888options.com. And I agree with the earlier posters, you shouldn't put on a position without understanding how to get out of it. That is a basic tenet of...

Your values for your Greeks will depend on the underlying assumptions of your model (volatility, interest rate, etc). As a result, it is common for the Greeks to differ from model to model. Hell, two traders standing next to each other in the same options pit frequently have different...

I have to agree. The SEC is just a joke. Greenspan even trashed them at the recent FIA Expo in Boca Raton. When someone asked him what he thought of the CFTC vs. the SEC, he turned to the audience and said "Are there any defenders of the SEC in the audience?" That got a nice chuckle...

Rumble Over the CBOT Escalates Intriguing.... ICE takes on the CME juggernaut and out bids them by over $1 Billion for CBOT.... CME, arrogant as ever, slams them and calls them an "upstart", says they can't hang with the big boys, but then refuses to raise their bid... ...CBOT...

Interesting. I never thought of it from a geographical perspective before. I doubt that geography really played much of a factor, especially in this age of the ISE and other online options markets. However, it's an interesting premise. The world's largest hedge fund decided to make...

Who digs up this stuff? I was at this meeting and it was a very obscure briefing with only a handful of people in the room. Is someone on this board surfing the Boca Raton papers for news about currency fraud? Wow...he must be very bored....

I was at that conference, and I actually found his remarks very interesting. Somewhat dry after an hour and a half, perhaps, but interesting. He was very careful not to answer any questions about Fed policy, nor did he really comment too much on the state of the economy (I guess he learned...

This is one of those good thing/bad thing scenarios. On the one hand, private equity can definitely be a boon for companies. On the other hand, no one is going to argue the fact that there are FAR too many private equity firms running around out there chasing too few deals. They are the new...

I have to laugh at this. Cramer is just saying what everyone in the hedge fund world already knows. Sure, he's an idiot and a blowhard, but he's right about this. Hedge funds do shady stuff all the time. As for his endorsing illegal activity, that's another matter. But I hardly think the SEC...