The OCC rule, in no uncertain terms, is 4:30pm CST. Barring an excusable situation (systems down, electrical failure, etc), one second after 4:30pm CST and you have a violation. Period.
The OCC rule, in no uncertain terms, is 4:30pm CST. Barring an excusable situation (systems down, electrical failure, etc), one second after 4:30pm CST and you have a violation. Period.
Gas / Crude behaves like 2012 call options as the market breaks. In many instances, they actually go UP in price as vol explodes. Designed to do the most harm to the weakest people.
I don't really find her that attractive (although others may) and she is FAR too old for my tastes in general and my wife is hotter by a mile. How much short vega did you cover on Friday anyway? Such hostility.
But from the hostility and tone of your comments, I suspect that you were short a chunk of vega or short some knockouts that got paid or maybe you were forced to cover a bunch of gamma or vega by your firm/risk mgr at 40ish.
Well genius, you would be wrong on the ceiling. It is FL450 and 0.79m is normal at that altitude. Anyway I traded 24k listed options Friday so a "retail blotter" as you call it is pretty much out of the question.
Well, I could provide a copy of my mixed straddles report & sec1256 contracts from last year. Its a nice 8 fig number. Howabout we do this - double or nothing on the amount?
2010? I'll do the same if you are on board.
Got it all wrong? It closed at 40.95. I called the 10am EST value at 26.00 The value at 10am was 27.18.
How did I get it all wrong? Raked in 7 figures from the drop. Any other questions?