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    USA Bombs Libya

    Iraq was a stable country the US invaded, libya was already in civil war with its citizens on the US door steps BEGGING for help to gain freedom. Big difference there...
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    HowardCohodas Index Options Credit Spread Trading Journal

    nm, just reread your post. high flyer.... so how do you make a high flyer fly? lol
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    Major difference between the Japanese and the US

    The calm and orderly behavior of the japanese has nothing to do with honor or religious beliefs. Japan has a very homogeneous population not just in term of race but their culture of following authority and working for "the man". As such the entire population behaves that way and expects others...
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    HowardCohodas Index Options Credit Spread Trading Journal

    Can you explain how buying a risk reversal turns it into a fly when the underly gaps? I cant figure it out. If he opens a free position selling a vertical put spread then use the credit to buy the otm calls, then the market gaps up, he will get limited profit from the put spread credit and...
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    Galleon inside trading tape recordings

    http://www.cnbc.com/id/42155133
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    HowardCohodas Index Options Credit Spread Trading Journal

    Looks like howard got hit with margin per his own admission. This thread is a good real example how "safe" otm spread writing fails when a blackswan hit. I dont think anyone should be happy another trader lost money but you do have the admit the timing in this case - just a few weeks back...
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    In short, the Fukushima Daiichi plant contains over 600,000 spent fuel rods

    Tokyo (AP) -- CHUCK NORRIS SPOTTED ENTERING REACTORS 1 THROUGH 4 SIMULTANEOUSLY
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    Shit!Japan gives up! pulls ALL workers from plant, no one there now.

    noone knows exactly what that government official meant. I cant imagine they are just abandoning those nuclear plants. Nikkei is still up 4%.
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    Weekly Poll: After Brief Excitement Will We Go Back to Boring?

    nikkei drops 10% in 1 night, es down 30 pts overnight and we end the day flat on ewj and 15 pt drop on spx. Is there anything bencopter cannot do? /salute
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    Is this really happening?

    so what's your long position on the nikkei?
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    TSE to close

    atticus/anyone, do you know what will happen to the EWJ options that expires this friday if tse remain closed for the rest of the week? I guess the real question is how will ewj be priced, is it just pure speculation by the us market since it has nothing to base the price on anymore? thanks
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    Black Monday: Nuclear Meltdown in Japan

    according to most experts in the news, they are saying the remaining material doesnt have enough power left to break the containment shell and cause chernobyl 2 even if they have a total meltdown. That's the only real concern, small leaks etc.. is not a blackswan and will not move the market...
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    Black Monday: Nuclear Meltdown in Japan

    To be a disaster, the plant(s) need to have a full meltdown, then the container designed to withstand the resulting blast needs to fail, then shit will be flying all over the place. Partial meltdown doesnt do much, even a full meltdown wont matter if it's contained within the plant. Chances...
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    Ipad 2

    Went to the verizon store today and played around with the motorola xoom, it looks like crap, feels like crap, and the gui sucked. The sales kept trying to pitch on how much more powerful it is than the ipad2, how it can do flash bla bla, i said to him "OK", handed him the xoom, and walked out.
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    Mac Book Air

    it's just a java swing app launched from webstart so yes anything that have java runtime can use it. Ipad cannot
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    Mac Book Air

    Just keep in mind, mac air runs a real os and you can dual boot it with windows 7 easily. Ipad uses apple's mobile os which means you cannot run any java programs, no flash, no windows 7 etc.. If you dont care about any of that stuff and just want to use it for email and browsing then ipad is...
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    Mac Book Air

    unproven? it's been proven beyond a reasonable doubt ;) solid state drive are much more reliable than the traditional mechanical drives, and they are order of magnitude faster. People usually go for the big cpu and memory but they dont realize the hard drive is the single most important...
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    Black Monday: Nuclear Meltdown in Japan

    Pretty impressive how orderly and calm the japanese reacted, especially considering the population density in the cities and that most of them are sleeping outside. If it were the US, you will have mass chaos and looting going on, with gangs shooting each other by now.
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    Mac Book Air

    Get the mac book pro 15" then replace the stock hdd with an intel x-25m solid state drive and bootcamp it with windows 7. It's lightning fast and runs ib's tws great, even play games. Air is mostly for girls to walk around with looking sexy in starbucks. If you want a real laptop get the...
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    dual otm flies?

    because straddle cost a lot more to buy and you are 100% against theta. It makes sense if you expect a massive move in either direction and/or iv explosion but not when you expect some smaller/gradual move in either direction. One you need to be precise and pin to a strike as a result priced...
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