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If the Levantine Basin is in the western Mediterranean, how does this benefit Israel? I actually looked at a map, and it is far closer to Egypt, Greece, Turkey and Libya, than it is to Israel. How does Israel get to claim this? Israel's record of neighborly behavior is checkered to say the...

This is an immense improvement from simply shorting both ETF's. However, I would still leave in fairly tight etf limit orders, to cover if the market starts to go through another Oct '08 type of drop. Regarding your #1, if the etf does start to take off AND carry rate goes negative AND...

Does your product have a way to do backtesting? I know we could license your tick database, and try to create a backtester that way. I am just curious if your main product will include a backtester app in the future.

In general this would work very well. I would like to see how much this would've lost when Goog moved 100 points after earnings a year and a half ago, though. You know, worst case scenario type thing. I typically am defending positions around earnings rather than trying to put on positions to...

There are about a zillion different directions that this conversation could go so I will just list a few thoughts. You are asking if there is a way to evaluate the choppiness of the underlying's movements, and adjust gamma scalping accordingly? Is that an accurate paraphrasing? I have...

There's two possibilities here: Someone is either using a risk management method that I have never seen, in which case I would love to see exactly what they are doing...OR you are full of shit. Either way, could you tell me where you are seeing these pricing models? I would like to...

The purpose of massaging the vols would be to adust your hedge ratios, gamma scalping methods, and to show a low tech trader a trade exit point. To the OP: Use IV for greeks.

Lol. Dude, you were asking for trading tips, without explaining what you were trying to do. I thought pointing out your broken model, and subsequently seeing the correct data, would help you focus your thoughts a bit. I almost always use the market place IV's for greeks. There are a few...

First off, kings found way to devalue their silver and gold currencies. Have you ever heard of clipping, for instance? It isn't the fiat currency part of the equation that bothers most goldbuggers. It is the keynesian application of that fiat currency. The goldbuggers believe that a gold...

There are multiple things wrong with this. First, the jult ATM IV is closer to 25 than 19. You should check your calculations. Second, when dealing with HV, sampling period is vital. I see the 10, 20, 30, and 60 day HV's as 16%, 20%, 17%, and 21% respectively. You must be using a...

Well, you are suggesting using a mostly ignored market nuance to give your trading strategy a slight edge? Hmmmm...It does appear that you have the skillset to take advantage of this nuance, but there aren't any slamdunks here. The OEX early exercise risk is unique within the industry. The...

Stocks require more of a haircut, than either futures or options. A trader can put on the same risk, for less money using futures. There is mountain of short sale regulations, which in practice results in MUCH higher carrying costs and trading limitations to a stock trader as opposed to a...

OK, this much is true. Going back to a gold standard is not feasible, though. If money went back to a gold standard, the normal limitation of the amount of gold would inflate its "price" to a point of basically being a fiat currency anyways. One oz of gold currently trades for maybe 3...

I think there are quite a few traders who frequent this forum that are use more sophisticated strategies than this guy. In fact, his simplicity seems to be his strong point, but i digress... Look, if you feel he is helping you, great. The biggest issue I have with this guy is that he is...

When you type his name into google, the first autocomplete google offers to you is "Chuck Hughes Scam." How does this "guru" make money? Are you paying a subscription fee? Is he front running the trades he recommends? Is he making brokerage fees? I was suggesting the exact same covered...

Stock loan is one of the most profitable aspects of any major clearing firm. Since few clients really understand this cost, the clearing firms have been raping and pillaging investors for years. Are you familiar with single stock futures traded at OneChicago? It is a great idea, that is being...

Natenburg is a decent start in understanding greeks, but it doesn't explain anything about trading, or making money. I would suggest you start papertrading your strategy. Watch the daily p/l swings and investigate why you made/lost money. That is by far the best way to learn.

It depends what you are doing with it. When I traded in the OEX pit at the CBOE, we would trade sp100 options against sp500 futures, putting on a correlation risk called the "one, five". Simply having a program to track the change of the indexes based on underlying stock price changes would have...

Yeah, but you know what...I was thinking about the OP's strategy. If he wants to get short deltas in both the triple long and triple short etf's, he could simply sell the call bear spread in both. I would choose one strike below and one strike above the ATM. That way it is more of a pure...

NP. I was going to try to answer your question for you, but I'm not a quant and didn't want to confuse anyone with misleading info. However, almost every professional options trading company uses their "model" to paramaterize an underlying distribution per expiry. They then take this...