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  1. destriero

    The Hard Questions

    Why are Christians delusional? What DSM-designation should be given?
  2. destriero

    thanks destriero

    I told you... sweep the leg.
  3. destriero

    thanks destriero

    He's still anxiously awaiting a reply.
  4. destriero

    Short strangle legs were assigned even though price of underlying stayed within the price bounds?

    I've taught my older kids how to trade. Their introduction to complex spreads/combos was always via the synthetics (not the assumed naturals). The intro to flies was via the synthetic short (gamma) fly in half size. Long 50 XYZ shares; short (1) XYZ 100 call; long (1) 50P/100C strangle. Now...
  5. destriero

    Short strangle legs were assigned even though price of underlying stayed within the price bounds?

    Honestly, no. I've yet to find any text that deals with spread-arb. Most cover the maths related to dynamic hedging and replication/strip-arbitrage. IOW, arbing BSM vol-output via underlying or vol at edge (-skew). Calls are puts. Puts are calls. Stock + put = long synthetic call. Short stock +...
  6. destriero

    Why everyone thinks you can only lose in Forex?

    I'd bet anything that you cannot prove that you are profitable ove n-period (year, five years, etc).
  7. destriero

    thanks destriero

    My detractors scour my journal posts to find the opening or closing trade without context. I don't leave trades hanging. To assume that I went long or short and that trade is somewhat immortalized is retarded. You people hang on that out of jealousy or whatever. @Real Money opened this thread...
  8. destriero

    Why everyone thinks you can only lose in Forex?

    1. Leverage. The stat-vol is so low (6-7% annual) that you clowns feel the need for 400x leverage. 2. The dealer-mkt/decentralized nature makes it ripe for fraud and counter-party risk. So even if you are the 10% that is net profitable, they will probably not let you wire out. 3. The lure of...
  9. destriero

    Short strangle legs were assigned even though price of underlying stayed within the price bounds?

    I know, but taking a loss roughly equal to the prem in the outside strangle is absurd. I am trying to implore you learn synthetics/arbs. It takes a few hours.
  10. destriero

    Short strangle legs were assigned even though price of underlying stayed within the price bounds?

    There is no mkt depth on COB so it's essentially treated as bespoke. You could absolutely have gotten the trade busted with the fills as you've reported. Obv you placed a mkt order. Don't do that. Place a marketable limit order even if it's for a large edge loss. You gotta understand...
  11. destriero

    Entered my first deep ITM credit spread on apple today.

    Some remedial options 099. A short put vertical is = a long call vertical. It's the box arbitrage. Long one and short the other is a rates-arb on the strike diff. Moron doesn't know this so he went DITM with the puts as he thinks he's gaming the system. Ra's trade is identical to buying the...
  12. destriero

    Sweet Bobby's Journal

    What's this week's "income trade"? How do you pay your bills on a $22K net liq?
  13. destriero

    Entered my first deep ITM credit spread on apple today.

    Or the idiot could have bought the 155/160 call spread. Don't trade DITM spreads.
  14. destriero

    Fake Pastors Arrested in $28 Million Church Ponzi Scheme

    lol. It's Aladdin. The live action version.
  15. destriero

    People who traded during 9/11...what happened to weekly options that week the market was shut?

    I was long futures and long delta in vol into the weekend.
  16. destriero

    Tesla 2020

    TSLA down 5% AH. Tech down 0.5% on average. wheeeeee!
  17. destriero

    Trump Said Americans Who Died in War Are ‘Losers’

    More FAKE NEWS like the Axios interview.
  18. destriero

    ES Journal - 2019/2020

    Two weeks away and SoftBank was 100% behind the manipulation. I feel a prop-bet is needed here.
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