Search results

Are We Not Men?

OP, consider poker. There is no edge in the randomness of dealt cards. Yet, skillful players are consistent winners. You said that you have beat the market in the 5 years that you have been trading and yet you quit because you cannot fathom an edge? 5 years of successful trading and you...

[QU The only way i would have a done a long swing trade here is if the chart told me that today was actually the weekly and even almost monthly low. I bet it's down around 820 tommorrow or next week. Thats where it's last range was and all of last couples days prices were artificially...

It's really easy to understand if you look at option chains. Yes, you can substitute time for IV and examine extremes. Instead of lower IV look at an ATM option that is about to expire (late expiry Friday.) It has some value and a delta of around 50 but its delta will quickly move to 0...

A useful credibility metric, although not 100% accurate, is the posters registration date. You know, the guys from pre-2004 tend to be a little more credible than, say, someone from Dec. 2008.

Nah, she's moving up.

I don't get CNBC on my TV. Wouldn't watch it if I did. Don't read Money Magazine either. Or the Wall street Journal. Look at my trading screen pretty often, though.

I did the same in college. Took 5 classes and worked 30 - 40 hours a week. Usually closer to 40. And I required a high GPA of myself. So I'd take a heavy load - then the following semester I'd end up dropping out of 1/2 of my classes because I was too exhausted - also, of course, going out...

2000%!! So the option went up 20x or 21x, whatever. A $2 call went to around $40 A $5 call moved to around $100 I would think that that's happened more than once with GOOG. Its happened with the puts as well. 2000% moves are not that uncommon with options. And yes, sometimes...

Freewilly, You ignore millions of seniors and others that inflation will put in poverty. Many can't start over at this point. Many are not young and penniless. You have a rather selfish and self-serving point of view - but then again, most people do.:p When you form your views you may...

Hola Senor Quant

Good post, gangof4. This sort of thing has been happening often with me lately. It's VERY freekin' FRUSTRATING. (just venting) The only solice I find is by telling myself is that well at least it worked (even though I didn't).

Is it tue, bigarrow? We can't wear our guns in town, anymore? Oh, geez - no one told O.J.

Ok, I'll ask. Some ETFs including SPY delisted from AMEX. Stops may not work. What is this?

Yes, thanks everyone. Good thread.

I'd rather be long these puts. I'd say it's likely both sides will make money on this one. The seller has a while to wait - assuming he did not offset risk at all. Whoever said that the buyers are already locking in profits is probably right. But it is also possible that they screwed it up...

AIG got away with it. Why not the autos. At least they make something.:eek:

Then, yes, you are thinking like you are Irish. Just kidding, I'm Irish, too.

Him smart.

China's "$586 billion stimulus package" Wow. 500 bucks per person. :D