Search results

Like I said in this thread and in your previous ones, IT IS FAIR TO RUN A STORY ABOUT HOW THE CARLYLE GROUP HAS EXTRORDINARY INFLUNECE. The story with the JEWS is that the women who appears at the 15 minute mark is a well known anti-semetic nut. She claims in there that Carlyle conspired to...

Sold 40 of the csco 20c for .85 bought 1000 shares at .22 and 1000 at .20. Shit, 10000 of the 20c went across at .80. Doh, bought stock too soon.

and, it is pretty juicy since I'll be selling the 20p for over the ask synthetically

also, the csco 20c will get me short gamma.

This morning I sold 40 of the msq 30c for .40 which I subsequently bid on as the stock took off and I didn't get a hedge. I just covered that for even plus a four lot which I'm going to offer back out for .05 higher. Also, I'm offering out the csco 20c for .85. I want to replace stock with...

Also, as far as classes go, one of them I can blow if needed; it is math for economics which I have mostly covered in the classes I took over the past year. The stuff I don't know doesn't come until the late in the second half.

I am going to Claremont Graduate University working towards a PHD in Econ. It really did end up just as I described; after the July expiration, I was bored. I had taken a bunch of math, going back to the previous summer, in preparation for it as well, but this also helped me, as I started...

I agree, interest for me always comes and goes with these; normally I end up reading them all the way through in one sitting rather following day by day. It is also why I could never sustain one more than a week or two. This is all about me and the need to work through this period profitably...

first off, it says that private equity groups buy companies for less than they are worth and sell them at an absurd profit. Whoever said that is ignorant. It says that they are what? the 10th or 11th largets defense contracter? After fifteen years that wouldn't be unusual. You could easily...

I just realized I told a bunch of people in the options forum to go fuck themselves. Doh!

I almost forgot the main reason for starting the journal. As a MM, Iwould always start off great. My P/L would look like a mountain range where it started off rising sharply with a peak followed by a slow bleed. Looking back, I had a definite case of self-sabotage, success was followed by...

Here is my current position: MSFT: long 10 Oct 27c short 5 oct 30c short 800 msft CSCO: short 10 oct20c short 20 oct20p long 80 nov22c short 2300 csco My position isn't short gamma right now, but probably will be over the next couple of days. Right now for csco it is...

I have done two other journal's, this will be the third. My first one was started the day I started trading full time again. It lasted for about a week or two and was focused on really getting my feet wet again(for those who may not know, I was a former MM who blew out twice). CSCO was the...

If we don't think we have some sort edge, than what are we doing trying to make a living at this. The edge MMs had went away in the late nineties; these rules are just a reaction to that. There is currently tight spreads and ample liquidity in the big optionable stocks. MMs and CSs are...

Def, Vega(probably) and I would disagree in that both CS and MM maybe handed a similar piece of rope with the BOX, but that doesn't mean the CS was handed a different one than before. To be honest, I am kind of worried about this. In my mind, I think this benefits Timberhill and the quant...

I'm with you on this bet. The BOX is, to some people here, some sort of utopian exchange where the customers finally have the opportunity to get an edge. You are delusional, if in an absolute free-for-all you think you can make money when you coudn't make it in the current structure. If you...

Very interesting. Does anybody trade this? What are spreads like? I was reading through the Wilmott book over this past summer and found these types of instruments fascinating. It seams like they could very easily be traded as a listed product. I assumed they were out of my league because...

What are you going to cry about when you can't make money trading with the BOX either?

I've noticed this happening this past week in IBM. Haven't been able to figure out how to game it, although I havn't really tried as my position is really just a long swing trade.

Interesting thought.