Search results

Here's the math koan I know you all were waiting for...... Student: "When is a coin toss binomial, and when is it Poisson?" Master: "God." I gave that as an extra-credit once. The student with the best answer is now an actuary. Cracks me up.....

Absolutely not worth it: bring up a some option chains (with Greeks) and compare the further deltas and vegas -- That's a buzz-kill right there..... And this gets back to why you want to sell calendars (or "horizontals") at periods of low vol: because any return to a normal vol regime juices...

Speaking of moving on..... I'd call this up day "Ohmigawd! Trumpelthinskin has not gotten the U.S. into Armageddon!" Day, with associated relief. (The G20 has even saw fit to ban cameras -- smart move.)

I *think* your applying a standard "calendar" intuition, to the reverse of it. If the nearer short dies out and the further long hangs on, "Yay, team!" But (in reverse) if a nearer long dies, that further short leaves you essentially, naked. Your broker will harm you, and hurt you, and make you...

"Fibonacci's" is not a method -- it is one tiny piece of Mandelbrot -- who, had a dollar for every yutz who tried to predict shit ex post facto, would be a very rich man.

Eeeek! You would *never* want to short the further option -- a recipe for TFD. ("Total Financial Disaster"... maybe.)

Nah! It's a freakin' spreadsheet. Clickity-click, it's done. I'm turning next to having it generated (from IB) in real time: "Look, Ma! No hands!"

Reading this PowerDweeb's contributions makes me think of Bill Murray's line.....

craigslist. there's all kinds of good ideas there.....

Speaking of coin tosses, I know we all remember famous examples of (competitive) trading portfolios that were comprised via the tossing of darts at pages of the Wall Street Journal. I wonder, though, if they were all automatically long. What if there was an additional chance parameter, of...

"Fibonacci" only works post hoc -- and that is no way to trade, because post hoc, *everything* has an explanation. For example, if I look at some data and declare that my Fib numbers show the SPX at 2450 tomorrow (with accompanying detail, numerous mentions of The Golden Ratio, and a...

Saying it's topped is no great shakes. But "It will reach 2320 prior to hitting 2512..." is, at least, testable. Verifiable. (As opposed to saying "2430" and being wrong for weeks and weeks before you admit it...) Still, on an empirical basis, it's pretty wide at (roughly) 75 pts.up, and 115...

Having a zero portfolio delta is a fine idea, but it does not portend well to equivalent movement between different vintages of options. ** You can get a zero by having a single vintage with slightly less short options than long options, on one side of the market (e.g., 5 puts below the market...

2) With the push of a button. 3) When the old one ends. 4) As soon as I take a position, the trend starts on the other side of the trade. 5) __________________________________________________________________

Personally, I have itched to trade SPX-DAX divergences for a while. It seems pretty obvious to me, and one day I'll get around to setting something up. :cool::rolleyes:

You don't suppose that was his point, do ya? :cool::rolleyes:o_O Well, regardless -- I really don't have a dog in the hunt. But I spent 20 minutes watching the video, and as a skeptic, did not feel my time was wasted. As far as the "Why don't you just trade it, rather than selling it" carp --...

If you wish to mirror-hedge a credit option position, you will find that any of 8,762 different possibilities to do so will all have the characteristic that the position-delta of the hedge has the opposite sign of the position/portfolio you seek to hedge. It's that simple. SO! Google "Youtube...

I'm still getting over "AssPhoto"..... :wtf::p:D:rolleyes:o_O

mushinseeker, beerntradin', Yeah -- fills for me are everything. I have happily traded calendars in equities in years past, but it always seemed pretty easy and sensible, and I don't recall ever losing money. (Could've been stupid luck, or bad memory...) but in Indexes/Futures, I have never...

So then, where were you in 2009, wank?!? What??? Not the type of hashing you were a'thinkin' of?? Well then!! http://www.angelfire.com/mi/birdman/hareline.html Birdman'll get you squared away! On-on!