Search results

  1. C

    SPX or SPY for options

    I enjoy condescension.. keep it coming.... everything is measurable...10 fly's in spy is 40 contracts....that equates to 28 dollars in commissions at IB..that's just to enter.... 56 round trip... 1 Spx fly 2.80 in. 5.60 roundtrip..... now your telling me your great fill in spy will offset...
  2. C

    VIX fly / spread journal

    Yea... need a cheap way to get long vol from here... new highs are here!
  3. C

    Delta hedging on teenies

    the strike space is really really wide on a stock like siri... imagine apple trading at 316 bucks.. and the strikes being at 300 and 350... you have very limited strikes to pick from.. i imagine you could derive your desired exposure through ratios and laying across the term structure.. but...
  4. C

    Delta hedging on teenies

    teenies are not called teenies because of there nominal price... just because its .20 cents doesn't mean its a teenie.. typically to me that means deep otm .. wings.. selling teenies means your short tail risk.. your short convexity at the highest level.. a teenie would be an option that...
  5. C

    Forex ebooks

    spammer
  6. C

    Implied Volatility vs. Real Volatility

    We live in florida. No big accounts here trading derivatives really... mostly retirees looking at under performing structured products.... because losing your money to inflation isn't as risky as equity to them.... maybe they are right... but those high paying prudential products are the...
  7. C

    Delta hedging on teenies

    Be more specific..... like bac or Alcoa ... like gnk or Renn .... What are your assumptions ... what do you think the advantages and or disadvantages of hedging a nominally smaller stock price ....
  8. C

    Implied Volatility vs. Real Volatility

    ironic and funny i was sitting down at a restaurant with my father who is a CPA and owns an accounting firm when you wrote this.. basically what your saying is.. the non linearity of returns benefits the short gamma/short skew trader.. The long vol trader sees large returns only only seldom...
  9. C

    Implied Volatility vs. Real Volatility

    Don't miss reality here... one huge vol spike puts short variance guys out of business if to exposed.... its that small percentage of the time that you get killed... saying implies are higher then realized "most" of the time means nothing if you lose more then your gains on that rare...
  10. C

    HD breakout watch

    you should join Jim Cramer.. cheerleader.. . alot of stocks look like they are about to break out... as the index is sitting right at its highs..
  11. C

    SPX or SPY for options

    +1 I put small size on and I don't delta hedge... the delta in my position is part of my desired expression.... there is an unknown cost to isolating volatility out of spreads with dynamic delta hedging.
  12. C

    SPX or SPY for options

    That is what I was thinking.... you can hedge smaller spx options spreads with spy.... Es is a big contract for just a few spx butterflys.... its an entire complex... vix spx spy es variance swaps.. you would asume any price discrepancies across the space are there for a reason...
  13. C

    Advice for a new futures trader

    i agree with this .. In that you should under position size.. to the point where it seems boring.. and don't scale up in size just because you have made traction for a short period of time.. your position size in CL is to big for your account size.. starting trading at any time to me is...
  14. C

    Is US equity market getting old (mature)?

    makes complete sense..
  15. C

    Is US equity market getting old (mature)?

    dude... Walmart is completely out of bullets you can kill people with.. they have rat shot.. thats about it ..
  16. C

    SPX or SPY for options

    they are exactly the same.. just different nominal amounts.. some people say they get better fills in the SPY.. idk.. but accouting for commissions i end up trading in the Spx... the spread is wider but you put on ten flys in the spy.. only 1 in the spx... so who cares about the fills when...
  17. C

    Is US equity market getting old (mature)?

    +1 on that..... inflation is above the return of treasuries.... they pay the bonds back with inflated dollars.. plus they are printing Money to support this relationship... I can't see it ending well... but chances are bad things are gonna happen regardless.... Markets sitting on highs at...
  18. C

    Is US equity market getting old (mature)?

    What's history gonna tell us about our current position... in your opinion
  19. C

    Is US equity market getting old (mature)?

    I'm typically a complete pessimist...I agree with you... Apple starts showing cracks and its a huge weight on the index .. we will take a shit...
Back
Top