Search results

  1. destriero

    ethics enforcement international

    As if you have any money
  2. destriero

    Get long

    Now I am ISO-certified.
  3. destriero

    3 lesser known Satoshi Nakamoto candidates

    Those addresses are inactive.
  4. destriero

    3 lesser known Satoshi Nakamoto candidates

    Craig Wright?! lolol.
  5. destriero

    Get long

  6. destriero

    Liquid options with low spread

    And ofc you wouldn't do it in unlinked accounts as you would not benefit from the arb-haircut. Ostensibly you would be long in one account and short in another with full margin treatment required for both components which blows it up. You can leverage tremendous tax-arb in this thing due to the...
  7. destriero

    Liquid options with low spread

    Dude, he stated it. Who cares why? He was explicit about taking a loss in a tax domicile and gains in the tax haven.
  8. destriero

    Liquid options with low spread

    omg. stop.
  9. destriero

    Liquid options with low spread

    You don’t need two accounts, but you can. Buy MSFT -> short synthetic in n-2025 at 260 strike. You are now in the conversion. You are simultaneously long spot and short synthetic spot. No risk outside assignment but it doesn’t matter for illustration. Some rho as well but you’re not covering...
  10. destriero

    Liquid options with low spread

    Because you pull the profitable leg in the tax haven year and replicate. Or you pull the losing leg in the taxable domicile and replicate. You’re not getting this. Someone I know did this for someone I know on $30MM notional. They both died in a boating accident in 1909.
  11. destriero

    Liquid options with low spread

    it’s an arb. WTF are you showing independent payoff diagrams? I told the OP on page 2. I knew it was a tax strategy and there are only two people on this thread that know what they are talking about.
  12. destriero

    Liquid options with low spread

    Dude, he’s not going to fck you. He’s trading purely for tax avoidance. The two week series does nothing for him. Whoosh. You’re in the BOX, BRO. You’re long(short) the guts and short(long) the outside strangle. Trading the inside strangle against the equivalent (risk) outside is long at x and...
  13. destriero

    Liquid options with low spread

    A conversion and roll, dude. You buy underlying and sell the forward synthetic. Buy XYZ at 100 and short the 110 synthetic in n-tenor 2025. Market rallies and you cover shares and take the gains on shares in Panama in 2023. You immediately buy the synthetic for n-tenor 2025 (effecting the box)...
  14. destriero

    Liquid options with low spread

    Skyfleet S570?
  15. destriero

    Calendar Spread Basic Setup Question

    You guys need to get out of the weeds here,
  16. destriero

    Liquid options with low spread

    You may not be the first person in this thread to try this.
  17. destriero

    Liquid options with low spread

    Sounds like he does? In a euro-convention series a year out at 30% ITM. I’m not going to waste the time to look, but this is beyond dumb.
  18. destriero

    Liquid options with low spread

    I don’t think he’s tax-arbing with two accounts. It’s the deep credit in one account and he doesn’t know what he’s doing. There are a million ways to do it effectively. Single name rolls in as many tickers as you like.
  19. destriero

    Liquid options with low spread

    would only work if he’s got some contractual thing which states he’s only paid on closed transactions. I think he’s attempting some tax arb and happens to be impaired.
Back
Top