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  1. M

    I'm going nuts here!

    Honest to God. What is going on in this country. No, I really mean, what is going on because there is absolutely NO news being reported. It's all Trayvon all the time non stop 24/7 every god damn channel and I have like 500 of them. Seriously. Fuck me running. I have a question for...
  2. M

    Detroit files for bankruptcy

    Guys, don't let Martin see this. He thinks America's recovery is going just swell!
  3. M

    Bill Cosby: Don't Bring Race Into Discussions About George Zimmerman and Trayvon

    Bill Cosby is the one black guy that the black community does NOT listen to. Oy vey.
  4. M

    Fooled by Taleb

    I think you are confusing sales traders who make a nut on transactions with actual buy side risk takers. On the revenue line of most financial statements there is no distinguishable difference. It's lumped into one. Yes, the commission business is good, trading not so much.
  5. M

    Fooled by Taleb

    You need to find accounts with as little variance as possible in a sample which has a large degree of variance.
  6. M

    Fooled by Taleb

    Actually not true. You just got fooled. In their entire trading department among the thousands of traders they took all kinds of loss every single day of the quarter. But on the aggregate, their "firm wide" p&l was positive. If you had to go on their trading desk and select one trader and...
  7. M

    detroit files for bankruptcy

    Honestly, these events are usually positive. The markets like resolution and can't stand uncertainty. Bankruptcies create a certainty which are bullish. The only bear item is if the market believes there are more but isn't sure where they are yet.
  8. M

    Fooled by Taleb

    Huge difference comparing sports with trading. For example, if I played Andy Murray in tennis (and I use to be pretty good at tennis) and played him 100 times. I would probably, no, I would definitely lose 100 times out of 100. That is called skill. There is no variance in the results. It's...
  9. M

    No volatility crunch?

    I'll explain it for you. Here is what your synthetic position was. You were long 100 shares of stock at 26.88 on the close. You were long "two" puts. One actual and one synthetic. The actual put was .51 and the syn put you were long was .63. The stock is now 29.83. So you made 3 pts on...
  10. M

    Communists are morons.

    Obviously your reading skills are lacking as I already explained why you have the services you have over there without the need (taxes) to pay for them. And don't lecture me on our political system. I've spent a decade on this forum ripping it apart. I'll cut you some slack if this is your...
  11. M

    Communists are morons.

    Come again? Won the war? I never said anything about winning any damn war you tool. We paid for that damn war. We re-built that worthless pile of crap over there and for 70 years, you've been sleeping peacefully under our protection. And resistance? What fucking resistance are you talking...
  12. M

    Communists are morons.

    Let me give you something to ponder. That nice little European system you got over there. You like that do ya? Well sir, before you leave, do me a favor and stop by Arlington National Cemetery in VA. And make sure to thank all those dead men for saving Europe for you. If it wasn't for the...
  13. M

    Communists are morons.

    Whoa, whoa, whoa. I'm sorry Martin. I know I left you hanging on the last thread. In the middle of a lot of stuff right now so it's hard to have long detailed conversations with you. Have you moved off from defending central banking to now defending China? China, the most corrupt nation in...
  14. M

    Elitetarder attacks Elite Trader via twitter.

    Who the hell is that? Do you know what his original alias is? It's not that Bearice guy is it?
  15. M

    Disturbing delta discrepancy between TOS and OptionsVue

    They completely ignored futures options for two decades. Probably because most of their customers didn't understand them and there is basis risk in most futures options that most people don't have the faintest clue about so it probably was a good idea. The irony of course is the futures...
  16. M

    Disturbing delta discrepancy between TOS and OptionsVue

    No, they do that for equities and cash I'm positive. For futures options I think you are right. I should have been more clear. I'm only referring to options on cash and equity, not futures. I think for futures the problem always was the lack of data. You didn't have that problem for...
  17. M

    Disturbing delta discrepancy between TOS and OptionsVue

    No, I believe they track each month separately. And they have an option where you can actually customize how you want to track it. They actually do a decent job of modeling volatility. However, for 99% of the guys on ET who simply sell teeny options or put on flys, modeling vol is useless.
  18. M

    Disturbing delta discrepancy between TOS and OptionsVue

    What exactly are you trying to do? If you are just selling premium you can throw your deltas out the window, they are useless. Your delta estimate is dependent on your vol estimate. If TOS is using a different vol skew then their deltas will reflect that. From memory I believe Optionvue uses...
  19. M

    Jeantel Interview Bombshell

    Actually, that's not correct. She said Zimmerman could be a gay rapist, whatever the hell that is. Why put the word gay in front of rapist. Regardless, black people are not fond of gays and gay rapists probably less.
  20. M

    Jeantel Interview Bombshell

    Oh and one more, this one takes the cake on hypocrisy. So Piers Morgan last night was expressing outrage and concern because after "Precious" testified, she was attacked on the twitter and the blogosphere, you know, called bad names and had rude remarks made about her. Outrage! Meanwhile...
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