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DMO beat me to it. Thats a lovely chart but what exactly is it? A chart of the number of Ferrari's owned by ET'ers? You can put any numbers you like on any scale they still mean nothing. You may want to post acknowledgements to those people’s articles you lifted from the internet and posted...

I'll let coach correct all of the wrong assumptions you made in the post above addressed to him. Short 45 straddles may be risky for some and barely at all for others. Someone calling himself a fund manager probably is not dealing in 45 lots but size a lot greater. If you're interested...

We don’t actually know what your performance is. We know what number you post here but hundreds of people post that kind of stuff here, oh and they're all rich and good looking too. Did you ever wonder why more Ferrari's are owned by people on stock market boards then Ferrari's ever produced...

Great Question DMO. Since his style or method or whatever is based in part on that, it would be interesting to know how thats calculated? I am guessing from context that when he said it was a long fund he was thinking net long options since its pretty clear he didnt know what delta was.

Fund? What fund? its a retail brokerage account, where you buy and sell some puts and calls on the SPY. Come on man try and keep it real.

How is that a long only position?

No offense but you have not indicated anything about what your system is other then you use calls and puts on the spy. I dont think anyone has asked for the details behind the system. The same can be said about your performance other then you use numbers to communicate it. By the way calls and...

It appears as if you're unclear on what a hedge fund is... Hedge funds are set up as private investment partnerships that are open to a limited number of investors and require a very large initial minimum investment. Investments in hedge funds are illiquid as they often require investors...

Fund? Its just your retail account right? Basically it sounds like you try to time the markets. Legging into a position where you sell a bit of premium as you try to catch up moves in the market. Good luck with that one.

So you're a market timer who legs into 4 positions? How is that a long fund?

You get the NBBO so it does not matter what exchange you send the order to. The prices you see on the screen from the CBOE are generated by a computer, no one is manually changing the price just because you entered an order. The mid point is not relevant since there is no rule saying you should...

I personally refrain from claiming I called a move in the markets whether it be the real estate market or any other market after the fact. Its my belief that sort of thing is pointless on these boards. I do however realize that a lot of this kind of stuff fulfills people needs on these boards...

Mr. BeatingtheSP500, For kicks I looked at your site. Quite frankly there is no malice intended by my comments but you have some serious legal issues and a lot of outright wrong information. (I will refrain from noting all the misspellings and grammar errors on the site) I will cut and...

Actually the market does not lower the volatility during the day on Friday they start pricing the options for the days ahead. For example these days just about every pricing program any firm uses will start adjusting there markets early on a Friday assuming its not a wild day in the market...

Any trade made with a contingency on that VIX print would have been taken down. The CBOE sent out a notice about the bad print. Just remeber its ET here and people tell yaa they make millions in casinos too.

It was not a TOS issue

Depending on strikes its really more like selling a strangle. Forget the underlying as has been popinted out many times its moot, the two legs are a 1 for 1 hedge.

Nope since if at expiration your long delta gets called away via the call you sold you'd then be naked short delta via the other ETF and thats the same as being naked short the in the money call. The two ETF's offset each other no matter how you slice the pie. When or if the long delta etf...

Bingo, MTE nailed it head on. You're underlyings offset each other so all you've done is write a naked call. Your broker will look at that position and ask why you bothered with the underlyings and just margin you on the naked call. Yes you keep the premium but you will lose money as the ETF...

Dispersion trading is not the type of position you're going to set and just monitor. Its a strategy which is profitable mostly when you trade it actively. That involves a lot of order flow information and trading. You may want to consider something like Iron Condors on major market indexes...