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  1. M

    Historical Implied Volatility Data - Market Chameleon?

    If a rolling 30d ATM IV is enough, there is a ton of data available out there MC, ORATS, ivolatility, quantcha, Quandl, Finpricing, yada yada. HOWEVER!: Data quality in options heavily erodes the less volume an individual chain has. At least I started using option book data and calculate the...
  2. M

    Do you think market is about to be bottomed out?

    what about "doesn't even come close to the old highs"?
  3. M

    Do you think market is about to be bottomed out?

    If something declines 20% and then rallies 20% does it really make new highs? 100*0.8 = 80 80*1.2 = ?? Perhaps basic math is the reason why you keep losing in those nasty leveraged ETFs?
  4. M

    I Am A Self-Directed Trader About To Broker With JP Morgan's Institutional Side

    retail delta neutrality DOES work, you need to consider a few things though: - You need to trade high priced options that have high vega per lot - vol of vol has to be many multiples higher than the execution costs in vega terms - You need to use passive volatility orders instead of fixed price...
  5. M

    I Am A Self-Directed Trader About To Broker With JP Morgan's Institutional Side

    it always depends on what you want to do and how sensitive your strategy is to execution risk. If you trade delta one instruments such as futures and stocks and hold them for multiple days, 5 ticks more or less really do not matter when your P/L is measured in points. Plus you can enjoy the...
  6. M

    Why Musk will never buy the fraud TWTR

    Give him a few years. Perhaps he'll be able to differentiate between social media content and advertising revenue. He's still papertrading, someday he'll be live and making a few bucks here and there...hopefully.
  7. M

    Luxury watchmaker Breitling starts accepting Bitcoin for purchases

    Nah...there are more than enough people who downloaded the app to buy bitcoin commission free. Not the traders, but retail and HODLers. They have one of their simple, colorful buttonmashers. You know, where you don't have to care about order types and TIF and you only need to type in the dollar...
  8. M

    Luxury watchmaker Breitling starts accepting Bitcoin for purchases

    If you buy crypto from them, you obviously give them fiat
  9. M

    Three Arrows defaults on 670 MM

    Well done, monkey, here's a peanut...but just one, the joke was a bit mediocre. Now do your trick again XD
  10. M

    Luxury watchmaker Breitling starts accepting Bitcoin for purchases

    well if you give me crypto and I give you fiat with a 1% mark down... Basically the same as if the merchant sold his crypto to an OTC desk in exchange for dollars. Or - if you want to view it from the counterparties perspective - the OTC desk is selling dollars to the merchant in exchange for...
  11. M

    Luxury watchmaker Breitling starts accepting Bitcoin for purchases

    as I mentioned, flow is two way. They sell fiat for crypto as payment service, sell crypto for fiat as an exchange service and hedge the overhang. Quite a basic market making operation, really...with a 100bps fixed spread and 100% non-toxic flow. Impressive if you think about the other guys who...
  12. M

    Luxury watchmaker Breitling starts accepting Bitcoin for purchases

    Bitpays business model is mainly driven by fees. 1% fee for payment processing plus a network fee in case that 1% doesn't cover TX costs. In that sense, the profit margins are way higher for them as they are for any other payment provider since blockchain fees are fixed and transaction fees...
  13. M

    Three Arrows defaults on 670 MM

    Cool story bro...and what does that for you? Posting "reproducible" trades, I mean? Nobody would take even a pinch of advice from you anyways and you know that. So all you do here is making a fool out of yourself for public amusement and you do that like a trained monkey. All it takes is one...
  14. M

    Three Arrows defaults on 670 MM

    the catch is, you either are trading hobbyist size or use a demo. I don't see any of your "trades" on the tape. I mean I find it quite amusing to bully you for the trash you're spamming the forum with, but just out of curiousity: What kind of psychosis drives you to do this? Only posting...
  15. M

    SEC has no interest in the serial foreign ipo stock manipulations

    no need. posting papertrades does nothing for anyone
  16. M

    SEC has no interest in the serial foreign ipo stock manipulations

    he doesn't trade, so he has no idea about execution shenanigans..his brags are just charts, but charts are not the market
  17. M

    Explainer: How a massive options trade by a JP Morgan fund can move markets

    the JPM zero cost collar is probably as old as methusalem...but nice to see that the retail crowd is catching up
  18. M

    How to Invest in futures - What you need to know

    "investing" and "futures" are two words that I wouldn't have thought to ever see in one sentence
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