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I haven't really done any research into the TASR options, but has anyone tried to get these things quoted tied to the stock delta neutral ? A lot of the business that gets done on the floor these days is done tied to stock/futures, enabling both sides to establish their hedge before trading...

Like out of the money puts in the SPX:p Vega

\ Waggie, who the hell knows, can't a guy have some fun around this place. Yes, I know if Uncle Sam was going to be short he wouldn't have initiated a position that close to the number, but it's fun thinking that he did.:p Vega:D

Why is it that whenever I think of the people that work at these fine government organizations when one of the snafus occurs I always think of Forrest Gump and his line "I'm not a smart man...............and stupid is as stupid does" or whatever the hell it is. These people are either total...

Government get honest ? Are you kidding, I bet the reason that we never hear about anyone getting busted on these type of things is that it's Unlce Sam that was selling bonds this morning. Not difficult for them to launder the money, seeing how's it's near impossible to track what they have and...

I try, but it's like seeing an accident on the highway, even though you know you shouldn't look, you just have to.:D Vega:D

Maybe you could actually post something that happened to you, a reason for the threads you start, and MAYBE someone may be able to help you, (although I don't know if there are any shrinks here on ET), but just saying CBOE stinks bunch-o-crooks is NOT going to help your profitability, learning...

Have you ever had a post that makes sense ? Do you work for the ISE ? And how much have you learned from the mistakes you have made previously trading options ? I'll make you a deal, I'll make YOU (not anyone else on ET) a market in any option you want. How can I do this -- because I know...

Are you saying we can't nuke them ???????:p :p :p Just kidding, I know. Nuking them would destroy the oil fields................:eek: Vega:D

Here's a better idea. Since Sodomy Hussein has been in our custody for a while now, it's safe to say that there has been some kind of monitoring device implanted in him, so tracking him now should not be that difficult if we needed to located him in the future. Let's just let him go, one-way...

The one who's already long 1M and is looking to dump it:eek: Vega:D

Left the floor 2 years ago, and to be honest haven't paid that close of attention to the SPX in terms of vol and skew. I assume that this is still the prime money maker for the MMs, just haven't been there in a while so I said "used to." Hope that answers your questions. Later, Vega:D

That's how our guys (MMs in the SPX at CBOE) used to make all of their money. Sell paper the put they HAD to have, buy some out of the money calls at cheaper vol to help deal with the negative gamma from selling the puts, put the extra premium in the bank, manage the risk, and call it a day:D...

I'm so happy that his/her first post here was so informative, it's great to see people adding value here instead of just trying to shamelessly peddle their product/scam.:mad: Vega:D

I like to make you think Risk--I can hear the wheels turning all the way out here in the western suburbs :p The wheels on the bus go round and round, round and round, round and round................................... Just kidding, have fun with your new toy. Vega:D

Here's something else to think about........... Do you think that vol will decrease in the out of the money puts with the addition of the new VIX. My thinking is that if there is now another contract that can provide some sort of a hedge (obviously isn't close to a perfect hedge, but can...

Just out of curiousity, are you guys executing your order electronically, or the old fashioned way calling a broker ? I don't want to beat a dead horse here, but as I mentioned in other threads about the SPX, you can get MUCH tighter spreads using a traditional floor broker. Just my two...

And to think, when this thread was originally started people were just coming up with funny hypotheticals, now it's turned into ANOTHER thread on religion. Any chance we can get back to some creative answers to the original meaning of this thread ??

If the Pentagon/Department of Defense set up the Terrorism futures, I think Osama would've been the specialist:p Vega:D

What would his acronym be if he traded on the floor -- I'm guessing GOD. Thought of this too -- think of the cash he could make trading weather derivatives !!!!!!!!!!!!!!! Vega:D