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I'm sure you know how many people are looking for work these days (especially in this line of work), so your bargaining power is smaller that it could/should be. If you're getting any benefits, and a paycheck, pat yourself on the back. One route to consider may be to ask about a bonus/raise...

Just something to keep some money coming in, nothing even remotely glamourous. Working at a large company that has some trading operations, and should be transferring into their trading dept. in a short time. Right now tho, it's a bunch of bs accounting and financial analysis crap. Don't want...

Had to take a "real" job cuz I haven't been able to find the right gig (I don't have any desire to be back on the floor) trading upstairs. However I probably spend more time trading while at work than actually working:p . Works out OK cuz I don't have enough capital to trade full time, so this...

I used to be at the CBOE also, left last July, what pit did you trade ? A site/firm you may want to check is brokerageconsultants.com--NO AFFILIATION--but they do cater to our field. Don't really have any market-making type jobs, but they seem to be somewhat along the lines of trading. Hope...

Obviously whoever bought those puts made a killing, but at the same time drew a lot of attention to themselves. Had they bought the deep in the money call, and sold the stock against it (synthetic put,same risk-reward profile) and possibly even collected a dividend depending on how long they...

I'm sure that it is much trickier to do now with all of the watchdogs out there, but I GUARANTEE it used to be done quite often. From my floor days I remember seeing the oh-so admirable Salomon buying large amounts of puts/calls late in the afternoon, only to have Citi, Smith Barney, or Salomon...

I'm sure you've heard about the big out of the money put positions that were opened not that long before 9/11 in the individual airline stocks UAL and AMR. When the gov finally tracked down the guy who bought the puts and asked him to state why he made the trade he responded with "what's a put...

....of the CBOE. I was sitting in the members lounge when the first plane hit, and remember thinking what the f*ck just happened. At 8:30 CST, about 60% of the people on the floor were still there, pending news updates and still not knowing if we would be open that day. A lot of firms had...

Thanks for the heads up banker--just looking at that site and seems there are a lot of possibilities. Don't know if it will ever make me any money, but it seems kinda cool, especially the pattern matching function. Vega:D

I hear ya, up here in Chicago we had the pleasure (um, I mean pain) of watching good ole Wanny work his magic here for a few years !!!!!!! Enjoy !!!! He's all yours !!! If you're nice amigo, we'll let you have Jauron in a year or two !!!!! Vega

Call your broker and tell them you want a 1000-up market, if that size is too big to be accomodated at the current ask, when you ask for a 1000-up market it is expected to be wider than what is quoted normally, and that is the price you pay for doing that much size. I don't know why I didn't...

I was just thinking it could be the bastard option that no one trades, for example if the 35s,40s, and 50s have decent open interest but the 45s dont--that kind of thing. I know that it is unlikely that it would be a company of that kind of size, but I would think that even if it is a small...

If your talking about a stock that people are familiar with, say a GE, MSFT, INTC, there shouldn't be a problem getting off most (if not all) of the order the first time, but something that doesn't really trade will force you to pay up and break up your position into several different trades to...

I don't really follow adbe at all, and have no idea (but who really does) where the stock is going, just keep in mind that the 35 puts you own (im assuming there SEP) which are trading about 75-90 cents will be trading 60-75 tommorow if the earnings come out in line with expectations due to the...

Is the open interest bigger in another other strikes close to the strike that you are looking at ? If for example, the Jan 05 40 call has open interest of 1000, the 45 call has 40, and the 50 call has 2000, there shouldn't be that big of a problem as the MM will lay off the risk from selling...

You forgot the cigars..........:D We've already "liberated" most of their baseball players !!! Vega:D

I looked thru every page on the website, and didn't find anything regarding trading for/at this firm. To me it looked more like a brokerage firm with some fancy software. Could you please point me to the spot on your website where it talks about trading firm capital as opposed to opening an...

Ummmmm, I think that was sarcasm dude..........:eek:

Trading delta neutral can take SOME of the risk out of a trade, but not all. If you are long options, as you said you just need the market to move. If you are short options, you run the risk that even if you are "delta neutral" you can still lose a lot of money on a big move. Like Chris said...

American style options can be exercised at any point until expiration, while European style options can only be excercised on expiration, so the only real difference is the fact that you have the ability to excercise your options before expiration if they are American style options. Hope this...