Search results

Why don't you just buy a membership on the P-Coast? Hell, you can lease for free out there, if you will just pay the monthly dues. Besides, you would have us believe that you are currently doing 500 to 1000 contracts/day and have done no firm v. firm research? Yeah, right.

Nah, there is a guy here on ET that is going to turn 5K into 1000K in 18 months via E-Minis. I'd search for his thread. He is a sage, can quote countless trading axioms on demand, and is wise beyond his years.

I am aware of the extremely high IV. And, I normally would do a Put Credit Spread on a stock in a situation such as this. However, this is a one-day trade. I normally do not buy options (anymore). I suppose I could also do a calendar spread and take advantage of the lower IVs in the back...

Something tells me that a guy that makes 1 lot option trades is not arbing SSFs against the underlying...

I'm trading the Nov 15 Calls as we speak.

I'm buying some Nov 20 Calls in the AM. Purely speculative trade. Might turn it into a calendar spread.

I don't think so. But, it might make for an interesting story when trying to pick up a woman in a bar. Of course, I guess you could always not do it, and just say you did. One of my friends actually did run with the bulls, he got gored in the arm. He had a nasty gash that took several...

Almost true, except they pay these bonds back by selling more Bonds/Notes/Bills. The debt gets refinanced all the time. Ever look at the Treasury auctions?

Nah, we will just issue more and more debt. Bring back the 30-yr.

I think he may be referring to the sector specific Dow Jones I-Shares.

Yes, when you assume, you make an ass out of you AND me.

I would think he assumed the delta of an ATM option to be .50. And; you know what happens when you ASSume.

Just coincidence. :D

43 posts in the first day has to be a record.

So, what about either... 1. Using bullets, selling the long stock from the bullets on the way down, and using the gain from the bullet position to offset some of the losses on your original long stock position. Although, I am not sure of the legality/feasibility of this position. I guess...

Michael, Very true, however, one can avail oneself of so much more than is available to the general public. Best, Hardrock P.S. But, what do I know, I am just the general public as far as you are concerned, right?

You can get some pretty creative tax structuring here in the US.

Def, Thanks for this. Great article.

Nitro, Many of these securities have both embedded Put and Call options in them. I have created positions w/ STRIDES and the sort, combined with exchange-traded options. The spread on an Equity Derivative is usually wide. Hope this helps.

Trajan, You can get a real-time Bid/Ask on these securities from most B/D sites. Also, you could go to Yahoo Finance, if all else fails. Enter in the ticker symbol. When the chart comes up, re-enter the symbol in the field, and select Real-Time Mkt from the drop-down menu. Hope this helps.