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Does this have anything to do with the financial transactions tax or Tobin tax?

Thank you, MTE !!!

This question may have been asked before. I am looking for daily high/low/open/close data on S&P since April 26, 1973, the day CBOE started trading equity options. I am writing programs to do my own data analysis and need to data to be in comma-separated fields or similar ASCII codes. Thanks...

In order to capture price movement, you need delta close to one. Hard to with a spreads or with options, unless they are deep ITM. You can capture price movement "only" in hindsight, and best done with just stock or futures rather than with options. I have abandon this approach a while back as I...

Wasn't there an article on Yahoo that said a newly discovered reserve under the Ocean stretched from Africa to the Americas? I didn't read the article, just saw the headline.

Not quite sure about their proprietary models. But I think Merton and Scholes could have done better even with massive leverage had they not used standard normal. Nothing in the real world if quite "normal".

I was looking at charts of the past few year and trying to determine how strong the correlation is between interest rates and commodities. Higher interest rates mean stronger dollar and lower gold or silver. In the past decade when Fed raised or lowered interest rates, I just don't see a...

35% federal plus nearly 10% state in California. That is right, I am among the top 1% of the US population who pay 40% of the taxes of this country. http://finance.yahoo.com/career-work/article/108460/how-your-income-stacks-up?mod=career-salary_negotiation

Thank you all very much. I am always amazed at how little of everything I know and how awesome the collective minds of humanity are.

What is safe about investments in the US with apes and money changers running the country? What distinguished China from some other emerging markets which crumpled in past economic crises what that China took direct foreign investments (instead of foreign debt) into fixed assets and...

Thanks for the reply. It is clear once I added up the numbers. Looking at the historical numbers for silver, any idea why the produce/merchant category are always massively short? I have read somewhere that some of these massive shorts were passed from Lehman or Bear Stern to some foreign...

The new format includes entities such as swab dealers, managed money, producers, etc. It also includes the long and short interests. What is still unclear to me is whether under the long or short column more calls or puts are being long or short. Short put is actually a long position, for...

This was a reply to another thread, but I have decided to make it a new thread to see what others think. I concur. Peter Schiff has said that one major advantage of China is that China is not a democracy. There is no historic correlation between democracy and economic well being, nor is...

I concur. Peter Schiff has said that one major advantage of China is that China is not a democracy. There is no historic correlation between democracy and economic well being. In my opinion, we in the US are under an invisible or indirect slavery, not much different from the colonial times...

Emerging markets and economic success bring pride and nationalism. "We are a rising star and we will beat you at the game." Which country will over take India after 2020? What comes after that?

S&P was 1126 yesterday, and SPY would be about 112. I imagine you sold 102 ITM Jan 15 2010 call. You will be okay if S&P drops. Otherwise, you will lose or you will be exercised or both.

I want to get some feed backs if possible: "Perhaps the most striking example of the new demand dynamics for US Treasuries comes from Bill Gross, who is co-chief investment officer at PIMCO and arguably one of the world’s most powerful bond investors. Mr. Gross recently revealed that his...

Let's indeed hope it would be so. If you really think about it, you will see that the market makers will widen the bid/ask to cover their tax expenses, and everybody else will not only pay for the widened bid/ask and hence market makers' tax, but also their own tax as well. So, this is really a...

0.25% of $100K is $250. That means you have one tax-free trade per year.

It is amazing to me that people in Shanghai seem to have truck load of money. When I bought my condo few years ago, there was a long waiting list; I sold it 2 years later for nearly double the price. I have heard of stories of Chinese came to California to buy real estates in cash, some million...