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Feb Mar isn't going to help. I am just curious as the minutes are pointless with a possible taper comment only after it goes OTB. You're basically flat-out looking for a 20-30 point drop in spooz.

good times...

Why would they (keep vol bid)?

There is also a site in Norway that offers vol-trading at fixed strikes.

+1

He's a week away from a rope.

<iframe width="560" height="315" src="//www.youtube.com/embed/PHO_YmUH90I?list=UUCsmd9oNMIUCLdSLrAZJgXw" frameborder="0" allowfullscreen></iframe> This meth tastes salty.... Jay (BNB) was on bluelight.ru with his college (dropout) handle and had authored a bunch of posts on meth and heroin...

An asym fly would also work if you're looking purely at path-independence. The SPY 168/174/187 in puts, 231 ratio BUY from 3.51 mid. Decent vol-edge out to term (VolSum * delta = 200bp). Not chosen due to your mid-strike assumption:

March 160/170/180P fly from 1.64 mid (SPY vols).

Go short Euro and lose 200 pips. Oh, you did that already.

Yeah, sure, and so am I. I've got some UBS bars and Eagles in a safe from the $400-$450 level, and what does that have to do with this abysmal call? The guy is a trader, wtf does he know about macro? I am not generally a fan of the Phillips curve, but it's been uncannily accurate.

At least he can tell his kids he was losing $1.5MM per tick in ES.

Right, Barings knew... SocGen, UBS, etc.

Fraud via electronic comms (email, web, intranet); electronic booking/accounting systems.

They're pretty forgiving as long as you're near the strike, as the predominant risk on the short durations is gamma. I like long calendars as bull trades due to stickiness, so they work as bull and bear bets. Yeah, if you're long the front VIX spread it makes a decent hedge until you flip...

Dec13/20 1800, I suppose. I don't like to strangle these. In this vol you will lose quite a bit on the upside beyond the bull strike, even with stickiness. 1795/1815 if you're going to strangle them.

What about Bob? Wow, your brilliant thread ended in chit chat, how surprising. Yor ignor est brkn.

Please learn to finish a sentence before you attempt the moral high-ground. Reading your posts is like witnessing the Hindenburg disaster. The AI comment is surreal. Yeah, you're too brilliant to be a trader. Just. Stop. Posting.

I don't know about his current calls or proclivity for BS on his newsletter, but I've seen his stuff and size in real-time. I was Skyping with the guy and he mentioned a ticker he was following. As a joke I offered 30k shares and he got pissed. Then he told me he would show a million at the bid...

It's a poor risk to go deep on duration with a diagonal. You're g/d exposure increases with only a small reduction in vega. Ideally you'd reduce gamma (same-strike spread). IOW, stick to standard calendars and go a bit further OTM. Hedge half your deltas is spot and stick to single spreads...