That's why Brian blew up. Sure he had his analysis, etc, but betting on weather is what it essentially was. He was betting on a strong hurricane season the first time, which worked and Brian made something to the tune of 9 figures clean sweep after netting his firm Amaranth several billion...
hmm.. not quite... it was a spread across different months... So while Brian's spread widened and got to the point where he had to start liquidating it, our hero here was on the other side of the trade.
Had John instead been in Brian's spot, Brian would have seemed the apparent winner and a...
I knew professors who taught Brian. Had Brian made billioms from that hurricane season bet, we would be lauding him today not John Arnold
Sure these guys are talented... Way more than you or I, but let's not give them too much credit. Someone mentioned Monte Carlo. A simple Monte Carlo...
And how many people post their losses? I bet you don't follow the losses I post? In fact I.post more losses than I do gains.
And of the two trades mentioned , neither seem stellar at the moment. So if my goal was to brag, it'd be counter productive.
As for gmcr, I did turn $190 into...
I had a 110 120 vertical on lnkd... I just hope it goes higher tomorrow.. but should still break even at the worst
Have a strangle on MTD... Will see how that plays out...
AIG seems good on the upside.
HAIN has mostly gone up after earnings so long the stock would be good
KFT nearing almost a decade long high here...
MTD has been on a range for a while, might break out? This might be a good trade for you falcon, the vol is priced right and a straddle...
Yeah, you're right. I lost sight of the number of positions I had and only realized the difficulty of closing them in the morning later on...
Another rule added to my book..
I took some losses from my WTW trade (max loss on the Calendar was $500 something, but somehow I managed a $800 loss... dunno how... )... also Visa I closed with a $200 loss...
But GMCR came to the rescue with a $1300 profit.
So sort of broke even.
Took a loss on a number of my other...
At university, I go the library, use the browser based version, and lo and behold all my settings are saved.
I also have my settings file emailed to myself in case i forget to check the "Use/Store setting in server" check-box on the login box
And voila!
Other times, I just use the one I...
Anyone using TOS or any platform that shows risk graph needs to know that while the expiration date graph that those platforms produce are accurate to the bone, what's important to us retail customers is what happens between now and expiration (i.e., that white line in TOS)
I don't consider...
Oops!!
Yes, my bad, the $45 weekly... I just hope it continues the slide tomorrow...
I was nervous too... it got filled literally 3 seconds before markets closed no kidding! I should have put in 3 more ...
oh well, WOULDA, COULDA, SHOULDA....
LOL.. I have a calendar on WTW... flippin mother#@#!!!
I think ill take a small loss... I say -$100...
It's time you paid attention to Ganesh... he's not happy...
GMCR cuts guidance... betting $195 here on ONE HUGE PUT option... $40 May weekly...
So V might be a profit tomorrow- the weekly fly at 125 should be a nice payoff but as you say Ryan, it's gotta hold...