Search results

hah...funny....but true... :)

I find it...laughable (kind of...) when some people are brainwashed by the very recent media propaganda that "things are getting better and it's better than 2008" these last 2 months. The obvious question of course is: What are your arguments? And...here are my arguments that it's getting worse...

but...on a side note...mind you even a "neutral news"...such as...in the case of an FX option whereas the eur/usd would solely depend if the European Bank decides to cut the interest rates, left them unchanged or rise them - even so if the "left them unchanged" option turns to be the news, this...

Exactly...this too was one of my 'fears'...so to speak... It's hard to predict how much the price will change - given the news.

P.S. Yes, I misspelled the title...it should be "BUYing" and NOT "buing"...but I am sure most people here are intelligent enough to notice this. And here is what I mean explained in even clearer and brief terms: 1. Suppose the price of a stock is $100. 2. You know that a company XYZ will...

I am sure this has been tried to death...but is there any success? For instance...you buy deep otm call and deep otm put some time before the announcement of a major economic news related to the stock. Is the volatility then carefully adjusted...or it's close to the historical mean? It should...

heh....10x :cool: I promise to write again here with potential..."results", later these week... 10x for the other replies as well...

Exactly, otherwise it will be an oxymoron...that is, it won't make sense to price an option given the implied volatility - since the implied volatility will be the result of an option price. Then again, you have other types of volatility such as: stochastic most notably and hell these days...

Well, at least in my opinion, there is...for example: Today you buy a call option which costs $2. Now you're thinking...: "OK, the stock is now $10 and given the volatility....time and bla, bla, bla - the option ACCORDING to black-scholes should cost $2.2 tomorrow if the price of the stock...

Well? Basically, some time ago i was using black-scholes from online sources since i din't understand almost anything about black-scholes. Then...i started programming black-scholes on my own to be sure that the price is calculated as it has to. Today, I am using my own enhanced version of...

Seriously, it won't be an exaggeration to say that the vast majority of people associated with fx firms, cfds, option brokers, hedge fund managers and etc are just plain scammers in one way or another. And this leaves a very small part of real traders and...stupid geeks who price options, etc...

and on average every chelsea fan is better than any trader on wall street? i guess that's your stupid logic. Anyhow...

well delta is measured (quoted by memory...), say...N(j), whereas j= (log(s/x) + (r+0.5*q^2)*t)/(q*sqrt(t)) I believe the variables are selfevident to name them... There are at least a few things wrong here: 1. Assumption that volatility is normal and stock gravitates around a mean...

Still, can't let it go? Pathetic...anyway - i won't argue with you, it's kinda scary :(. And finally...Paris Hilton gets more money than me, is she a better trader??? Yeah...pathetic is really the word that describes you. Anyway...gotta go out now to watch a movie - good luck in your endevour to...

If it's not too bold to remind you that Scholes later started managing his own fund and...lost more money. Ever seen the movie trillion dollar bet? It's not a bad documentary, I've personally watched it like 10 times (though they say nothing about Scholes's last "great fund"). Plus, both Scholes...

Merton and Scholes heh...if that's not rough - nothing else is...

Well...i've written myself codes to test the "horrendous promise" of buying OTM due to the low delta...and...surprisingly or not - after many "trades" on historical data - the program finished with...zero money. It's just as they say: options are meant to be sold, as bad as the margin call...

seems ok to me...though i am way too lazy now and lack the time to test the c++ code myself. Basically...you have 2...or 3 options: 1. bisection 2. newton's method 3...just use the 2-3 available online calculators for implied volatility :). I have used my own c# code (and still use...

well given that already i got only 2 replies - one from citibank and one from the oldest swiss bank (or so they claim) - which option do you think is correct??: a ) - the job market currently is pathetic and only the biggest guys are still breathing. b) - i am not skilled enough. P.S...

Anyways...i don't want to sound as I am "braggin" or something, and quite frankly I don't have the time now - but since so far i got only 2 invitations to inteviews (out of 80 applications...) - one from Citibank and one from some institution that claims to be the oldest Swiss bank - this whole...