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But of course!

The only explanation has to be correlation

Love that natgas action these days. Intraday momentum heaven.

I see. Pretty big backwardation at the moment.

BOIL's supposed to be a 2x version of UNG

Try their EventTrading platform you'll see what I mean. But you're probably right it might be time to retire - I'm squinting closeup to read their key card these days!

So you have a data lag. I can barely even login with their flaky 2FA system. Often after several attempts I manage to get in, only to get logged off.

Currently reading 'Megathreats' by Roubini. He dives deep into how history repeats. The thesis is that what is coming is going to be bigger than anybody can imagine.

One of the strategies I do is day/swing trading options. I keep records of how the options PNL correlates to a theoretical PNL of trading the underlying. The correlation between the two is very tight, only difference is the return magnitude. The trick with options is to always transact at the...

His mom and dad are influential Stanford law school professors. They will see to it that their son walks away unblemished. At worst, I see him getting a mild admonishment from regulators perhaps with a few punitive fines.

Yep. Bulk of my money is in my Fidelity account. I keep very little in my traditional bank "savings" account these days.

You face the risk of ruin buying and holding 3x funds, or close to it. In the event of a massive drawdown, it can take decades for your investment to compound back to a prior high watermark. But if you manage it right and go to cash during bear markets it can be a great vehicle.

Looks like a fake story. Why would he be headed to Argentina? Seems like they have an extradition treaty with the US? if he was headed to Morocco or Indonesia...

for short exposure I use BITI and BITIX

Ha! I actually had a position in BITI today, the inverse bitcoin. Made back the money I lost yesterday in BITO.

I recall there were hints/indications as early as summer 2007 around the time Bear Stearns collapsed. There was also public knowledge about issues in subprime mortgages - it didn't arrive out of the blue. It went downhill from there. It was like a slow motion train wreck. Highly tradeable with a...

trading halted as of 1039 EST. Anybody know why? Locked limit on the futures?

today's btc price action looks more fitting of a crypto. Seems like it had gone to sleep the past few months.

Pretty smart! But I wonder if some law has been broken by the store owner. Perhaps running a betting operation without a license?

They should work on tightening up bid asks on options. Also MOC orders would be nice in options