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But you have faith in the Zionist State of Israel, right?

That is because ATM delta is NOT 0.5, and also because of gamma. No purprise there, his definition is still valid it you replace $1 move by an epsilon (and divide result by the same), or by pricing it for a stock price of...

I am going to be polite to him (you?) by telling him to go fuck himself, and that if he dares to run against anybody in realtime and in public, I would like to KO his supposed "skills" out. As a start how about this: E/U now at 1.2777. Unless he states otherwise, we assume he is short.

While you are thinking/running numbers, could you also care to find an example where an ATM(fwd) (alive) call has a delta of 50?

Are sure that it is not you who is missing the point? Give us the numbers for deltas ATM, and the prob. of exercise ATM. I bet you know how to run a BS calculator, and you should then be able to give us those numbers in a flash.

Is your screen name Matinghoul or Martingfoul?

Two variables can be different in terms of their definition, but this does not mean that the values they would assume cannot be equal.

Let's push things a bit further: assuming risk neutral probabilities and if one wishes a "risk neutral probability of exercise", what is the worse case of the erroe in a delta vs. the prob approximation? The usefulness of debating this issue is not to reach a false/true type of answers, but...

Could you redo your anal ysis for ATM strike, distinguishing what moves from what does not move?

Whoever confuses delta with the above prob, partioularly for ATM strike, is probably an idiot. However the more one gets away from ATM strike, the less is the difference between the two. The fact that options have the highest prioce for ATM strike, may be viewed as loud reflection of "the...

Why did you attempt to prove that you are dumb? Do you agree with the saying "For dumbs the intelligents are dumbs, and the dumbs are intelligents".

He is 10 years behind, meaning he is in 2012 but his head is in 2002.

The people who talk the most, understand the least. It describes him perfectly.

You were bullish e/u at 1.42. It turned down, and never went back. Now you become bearish, more than 1420 pips lower. E/U at 1.2780. Hindsighters are becoming bearish. Is smart money around the corner?

Diplomatic engagement is probably around the corner.

And you saw that with your own eyes? Or are you just regurgitating someone else's words?

Europe agreed to agree on the principle, but do not yet agree on whether they would implement it, and on when they would do it.

Are you regurgitating the flavor of the day: the other days it was Cain/Backmann/Gingrich/etc. Now it is Santorum. Use your brain if you want not to find yourself parroting nonsense.

I read he is a zionist shill.

What an idiotic post. Why: because Iran ALREADY got enriched uranium! 10 years behind in the thinking/vision.