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    how do they pay

    a friend of mine has an interview at Capstone Co. tomorrow. just wondering if any of you have background on the company for him to review before. some questions: how does it work there, do you have to contribute cash to get in and trade? how do they pay? good training? etc... thks
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    need broker for certain type of trade...

    re-reading your posts, i would like to add, i am fully aware that 'past performance is no guarantee of future performance'. i.e. i know that just because the largest 10d move is 167 points, there is no guarantee that it won't be 175, 200 or even 300 points next time. but after watching the...
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    need broker for certain type of trade...

    i fully understand the risks. i am a derivatives marketer. i'm just asking if anyone knows of a broker that will let me do it. pls don't insult me telling me i don't know the market or the risks. vol selling is a thoroughly researched strategy, structured notes are now coming out based...
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    need broker for certain type of trade...

    here is my situation. i would like to short index options with <10 days to expiry. they will be way out of the money. i just want to collect some cash from the premium. let me get this out of the way: i know it is considered a risky strategy. i know that there is the eventual 'time bomb'...
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    Stanford MBA vs Berkeley Financial Engineering

    Depends what you want to do. if you want to trade from home then you need neither. end of story. if you want to consult or be a banker, do the mba. if you want to trade for an investment bank/hedge fund, either will get you in the door. BUT, if you want to trade for an investment...
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    Volatility Traders

    I'm looking for traders at hedge funds or IBanks who trade volatility. I market OTC EqDerivatives and figured I would turn here for potential leads since I got a lot of help when I started out a while ago. Mainly I market variance swaps and options. If anyone can help it would be most...
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    Good training and education

    here's a follow up to the original post: how do you learn to trade in practice, not theory? i've read every options book out there, and i know what straddles, combo, spreads, reversals, etc....are. but when do you use them? when is one better than the other? also, how do you have so...
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    delta hedging

    we have a 2 person team, with a 3rd guy hedging the vol of all the options. i can see how you'd be worried he doesn't do a good job. from what i gather, it's not as easy as theory to delta hedge. let's say the trader thinks 20 vol is low, he isn't just going to hedge at 23 if that's what...
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    delta hedging

    the theory is easy, but how is it done in practice? i ask because from everything i read about it you buy an option with a low vol, and expect to capture profit by trading the delta around the option position. but how often do you trade? do you set a vol level that you trade at? ex...
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    Stamp duty in UK

    you can trade equities via CFD to avoid the fee. CFD is a swap where we agree to pay each other the return of the equity (depending on if you want to go long or short). it's basically trading equities synthetically.
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    Any Traders in the Fairfield County Area

    Easton, CT. can't do it if we're going to be named after the smelliest, most rundown, overpriced, never on-time company in the world. other than that i'm in... PM me or i'll look for a post on the next steps planned..... regards
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    help needed

    high/low tick is the highest/lowest actual traded price for a particular contract on a given day. for example, if i say september crude had a high tick of 59.70 today, that is the highest printed 'tic' today. the auction concept is how futures are traded. yes, you can trade them...
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    Trading Personality Assessment

    was the test to see how many times people would make the same mistake over and over again? that link kept asking me for a password over and over... i tried4 times.... thanks for the assessment.
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    Market Calls

    maestro, what happened to the 70 call you wrote?
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    Market Calls

    maestro, do you think IV is high compared to HV, or what else makes you think vol is too hig? sep65P trading 41 IV. 50d HV = 36. i'm relatively new to the volatility game and trying to understand perspectives. with news coming out, wouldn't you expect vol to rise? or is it that...
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    Total rookie question....

    the standard deviation of the movement of the stock historically. excel has a function to calculate this.
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    Frustrated!!

    depends what you mean by your "system". if it is truly a system, then i would disagree. systems have defined entry and exit points which should not be overridden by emotions. in that case a system ceases to exist and you are a trader, not a system developer/executer. i worked for a hedge...
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    variance swaps

    that's what i thought. i guess most speculators would just take their view, execute the swap and let it ride, maybe put on a few straddles if they want to hedge or play the skew. but how would a market-maker hedge a variance swap? let's say he makes a market (bid-offer), how does he...
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    variance swaps

    Any variance swap traders out there? what is 'shadow delta' vs plain delta on a variance swap. i assume it has something to do with the way the payout is calculated on the swap and each daily fixing. how are variance swaps normally hedged? do you really buy/sell the whole strip of...
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    Greeks

    well i guess i'm one of those people who didn't get to start at the top... anyway, i came to this desk from another one, and have quickly come up the curve but need a little more info. like i said, i have read so many books, articles, websites, etc on options that it's crazy. but the floor...
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