Search results

  1. B

    Bill Miller on Suicide Watch

    I don't think he could have done worse if he tried.
  2. B

    Real estate is a bargin in Canada

    I'm sure the price has to be a typo along with the size of the building, which is stated at 4200 sq kilometers.
  3. B

    How should I invest $10k?

    Never mind, I found some info. A simplification - they take the proceeds of $10 buy a $5 bond which will mature to $10 at expiry (thereby guaranteeing the $10 initial cost) and using options with the other $5 to create a synthetic long position in the underlying index. "Investment firms are...
  4. B

    How should I invest $10k?

    Would like to hear a bit more about the MITTS. Heard about them years ago and forgot about them.
  5. B

    Use random walk to make $$$

    "Random walk doesn't exist. The fact that there is a correlation between stocks within the same industry group or the broad market as a whole on decisive up/down days puts random walk to rest. If it was truly random walk, would you ever see two graphs in the same industry that look the...
  6. B

    How to build a resume to work as a trader?

    You're right. It's a new site and the look will evolve over time. The links are really under the Ideas heading.
  7. B

    How to build a resume to work as a trader?

    Thanks. I know it's top tier performance. As a little additional game within the game, I try to give myself performance bonuses. Today was option expiry day. Last month's expiry I set an aggressive target last expiry to be an a cumulative +38% at today's close. And that would have gotten me...
  8. B

    What is the significance on options expiration?

    I am also seeing much of the rolling over in the few days before the Friday expiration. Many recent option expiry days have been pretty quiet.
  9. B

    5% - 10% profit per day trading

    100% per week will get you the world in a year. Perhaps a *true* master of the universe in 5.
  10. B

    Up 20% YTD, is that good?

    Kind of a dumb poll. The choices are not mutually exclusive. Obviously up 20% is good. Many would need to vote "all of the above"
  11. B

    Former BSC banker, Harvard grad to teach cupcakes

    Actually, I HIGHLY recommend becoming an accounting major. But not accounting as a career. I tell my kids all post secondary studies are not the same value. Accounting is one that is vital if you are to understand how business works. If you don't understand the accounting, you're pretty much...
  12. B

    AAPL in Trouble

    The pie is getting bigger. Both and RIMM and AAPL will benefit, I doubt one is going to be stealing much from the other.
  13. B

    How to build a resume to work as a trader?

    You need trading experience, until then you'll be stuck basically fetching coffee. I am trying things a little different, and have basically placed an on-line resume summarizing my trading (and today is the 1 year anniversary). www.beatingthesp500.com Good luck.
  14. B

    Congrats Fed! Maybe CPI Will Heal Itself: Inflation @ 9.6% Annualized

    What would you like them to do? Raise a quarter point?
  15. B

    is there a good web page for option quotes after the close

    There is just not enough liquidity after hours for reliable quotes, hence bids and asks are pulled. Even from 4:00 to 4:15 PM many bid/asks are pulled, leaving a thin market. Last time I looked even Yahoo had the last bid and ask posted though (for your late night option pricing pleasure)...
  16. B

    What would you call this option strategy?

    Thanks Here's approx what I did: BOUGHT total ~25 Oct SPY calls 136, 137, 138 strike SOLD total ~10 Sept SPY calls 130, 131 approx delta neutral approx 0 debit/credit the idea being: -if the market tanks or even goes nowhere the trade costs nothing, -if the SPY is in the 130- 131...
  17. B

    What would you call this option strategy?

    There is a long/short ratio. 2:1 to 3:1 I think "neutral calendar ratio" might have to do. Does the term backspread include a ratio write?
  18. B

    What would you call this option strategy?

    I calculated the delta to be 0, and net premium is approx 0. I put less weight on the latter. Thanks
  19. B

    What would you call this option strategy?

    Buying 2 month OTM calls Financing the purchase with 1 month OTM calls (but much closer to ATM) Delta neutral calendar ratio write?
Back
Top