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  1. N

    What's your preferred instrument for hedging against stock market crash?

    which go rebranded as risk parity today.
  2. N

    How did this fund lose so much money from losing money buying puts during Covid crash?

    you can’t be short vol biased and not take a few lumps.
  3. N

    GME up over 100%.... what is going on now?

    you might be right but the situation at GME is different than all the other short squeezes : there is real fundamental change on the horizon. It may or may not work but the stock should reprice from before there was that fundamental change.
  4. N

    Cancel culture has gone too far

    how about this news source: https://entertainment.theonion.com/eminem-terrified-as-daughter-begins-dating-man-raised-o-1819575196
  5. N

    GME is the best Portfolio Hedge of 2021

    and at one point down 2500percent. I wonder what the IRR on that is.
  6. N

    How did this fund lose so much money from losing money buying puts during Covid crash?

    In feb or in March? Did the uk markets sell off in feb or did they sell off with the us markets in March? Us markets started selling off in feb but it was not a vol event.
  7. N

    GME up over 100%.... what is going on now?

    while I am bearish on GME, the difference woth GME vs the other stocks is that if this Cohen guy can actually fix the company and the company gets the same valuation as Chewy, then the stock will be worth 400-600.
  8. N

    Allianz Covid Blow-Up and Risk Management

    When you are short vol in a situation like COVID, you can never be short enough futures when its selling off and you can never be long enough futures when it dead cat bounces.
  9. N

    Maverick still around?

    No one knows more than you however. Especially about IRR
  10. N

    How did this fund lose so much money from losing money buying puts during Covid crash?

    because they were actually short vol. the net buyer of puts is a red herring. you can be short 1 SPX 10000 strike put expiring a year from now and long 2 1 strike puts expiring tomorrow. You are net long puts but will still get clobbered in a sell off.
  11. N

    The best of CPAC

    The right doesn’t believe in nepotism.
  12. N

    A funny thing happens at $15 per hour...

    you literally said it was a problem that people who work have to get social benefits. Your point was that their wage is so low that they have to get benefits, so where’s the line then?
  13. N

    A funny thing happens at $15 per hour...

    Those parents should just get abortions in the first place. You're the one railing on about social benefits. are you saying the only people who should get social benefits are those who chose not to work?
  14. N

    A funny thing happens at $15 per hour...

    We should remove the government benefits and those people will work harder. Anyone can earn $20+ dollars/hour plus benefits. Its not that hard. Learn to drive a forklift and you will make that much. Learn to drive a tow truck or a Class B. Learn to run a CNC machine and you will start at $25.
  15. N

    TSLA is toast? <--- epic selloff

    Spoken like a true Market Master.
  16. N

    Max short gamma pain?

    900MM of QQQ gamma isn't that much for the overall market.
  17. N

    Disinformation Spreads Quicker When It’s Far Right

    you know it will be on Amazon prime!
  18. N

    Disinformation Spreads Quicker When It’s Far Right

    it’s gotta be higher than that. I would think the confusion of fake news as it relates to Covid cost us a trillion dollars of gdp.
  19. N

    A funny thing happens at $15 per hour...

    I have Tsing on ignore so I had to read his posts via incognito, but he purports to be a CFO of a 700MM company. None of my controllers nor my CFO would make such simple errors in an fictitious income statement.
  20. N

    Making a 2-way market with options

    why would you do this unless you are trying to be a market maker. That's a super competitive business and running your orders through IB would be like trying to win the Monaco GP with a Nissan Rogue. (the investment of the various competitors would be about on par with the analogy).
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