Just wanted to point out that new properties are going towards rent properties vs. the single family home (which is how every media outlet is spinning the #s).
Re: Housing-
From acrossthecurve.com, "Analysts note that 82 percent of the increase is in the volatile multi family category rather the single family category which only increased 1 percent."
F/H, J/V, X/Z are pretty popular. I've seen M/N/Q fly, V/X/Z fly, X/Z/F fly, and V/X vs. V/X condor. The condors I see are usually out a few years into cal 14, 15, and have seen as far out as 2020 on the H/J.
The physical trading is very much so "who you know." The phys/paper markets seem to be two different worlds, with the physical traders being more of the older crowd who have been in the industry for years, and established long term friends.
The paper markets tend to be younger guys who got...
If you were long calls from Feb 20, then you've lost on two fronts: vol and theta. Yea, this may be a temp bottom, but every intraday rally seems to get sold and the collapse in VIX on the 24th was way too premature to really hold water.
I think that dam is getting weaker by the tick.
People you have never heard of. He asks his analysts/consultants where they think the markets are going, pawns those ideas off as his own, bags the analyst and moves on to the next "lucky" underling looking to move up the ladder.
Boone was a mirror of the people he hired, and often times, fucked them out of the compensation they deserved for their ideas.
A charlatan and nothing more.