Search results

  1. D

    Global Macro Trading Journal

    if there is a danger that e.g. BAC goes down then don't worry - there will be a TARP2
  2. D

    Global Macro Trading Journal

    what do you guys think about buying some senior debt of large financials? e.g. BAC, JPM, C... one thing we learned in the past few years is that these institutions won't go under. they stock may get crushed in the worst case scenario (nationalization) but the debt should be made whole, i.e...
  3. D

    IB Margin Problem

    i am not sure about that. my example was for option priced at any price. Reg-T margin is always zero for long calls - and never zero with Portfolio margining...
  4. D

    IB Margin Problem

    Portfolio margining with IB has its own problems too. for instance when you simply buy a call option under Reg-T then the cost of this option is substracted from your cash and you are NOT using any margin. But with the portfolio margining there is a margin requirement for the call option even...
  5. D

    Global Macro Trading Journal

    use Chrome browser - it translates automatically... or use this: http://translate.google.com/#
  6. D

    Global Macro Trading Journal

    finally someone sensible. + there are many more advantages in options than that, e.g. leverage, timing etc. - just start to trade them and you will see.
  7. D

    Account Destruction.

    you have it messed up. vertical spreads with the same strikes HAS the same vega. wheather a vertical spread is positive or negative vega depends where the spot is - not if you build it from puts or calls... p.s. as i already mentioned, just use put-call parity and there you have the...
  8. D

    Account Destruction.

    i always viewed e.g. bull put spreads and bull call spreads as pretty much identical. there may be some margining differences (here favouring the use of calls) but other than that the performance is the same. in other words if you buy bull call spread at vol_60 and then sell it at vol_80 then...
  9. D

    USA: 142 $B debt increase in...2 days

    funny, isn't it. that's as much debt in 1 week as all Greek debt outstanding for the past many years...
  10. D

    Russia says better to save Greece from a default

    lol. i did not know this one. very good.
  11. D

    Sell Everything Else and Buy Silver

    yes. i understood that. but his statement still constitutes a call on silver...
  12. D

    Russia says better to save Greece from a default

    16 years of vodka and bread - i knew there is something wrong with you Martinghoul... :-)
  13. D

    £1.75 trillion deal to save the euro

    yeah sure. during my times on the desk the people there used to be smarter. this financial crisis really had an impact... somebody need 15 more hours to get it...
  14. D

    Russia says better to save Greece from a default

    not really, although Russia certainly is Mordor. stink of vodka and sweat everywhere. what i mind most on Russian geopolitics is a sense of fair play (kind of old gentlemen virtue). everything is dictated by the paranoid fear to guard their borders against invaders (plentifully justified by...
  15. D

    Russia says better to save Greece from a default

    i hear this bullshit quite often from Russians themselves - trying to put Russia on the same level as other countries and especially USA. of course every country cares about its interest - that's trivial and does not need to be stated like some "Eureka" discovery here. but the way USA and...
  16. D

    Russia says better to save Greece from a default

    they won't be. that's what leveraged EFSF means - it is for ringfencing the Greece default. other countries will be fine after that as the market pressure subsides and fiscal consolidation continues (as opposed to US).
  17. D

    Russia says better to save Greece from a default

    i agree. so you see - you answered your 2 questions from above...:-)
  18. D

    Russia says better to save Greece from a default

    1960? for instance this is 10 days old. http://www.youtube.com/watch?v=WtdM5u2dqGk&feature=player_embedded
  19. D

    Russia says better to save Greece from a default

    do you live in europe? or has direct experience with russians? have you ever been to russia? know russian history? understand how propaganda is used for domestic market vs strategic positioning in geopolitics? the weak europe is something russia would love to see. e.g to make bilateral energy...
  20. D

    £1.75 trillion deal to save the euro

    i did say none of that. my point is that you do not need 2trn when you have 2trn. even if we consider greece going out at 50 cent and every lost cent needs to be recapitalized then less than 75bn makes the trick for european banking sector (yeah that's how tiny the problem is...). on top of...
Back
Top