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    Sweet Bobby's Journal

    Prices will hit one of those lines for sure
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    The Beauty of Options - Portfolio Insurance at a Discount

    Then you miss out all the fun of spending time, commissions and monthly subscription fee for Ron Bertino
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    I have decided to put a significant amount of my money with AMP

    So you did this on middle of Saturday night without consulting Legal, Risk, Compliance dept. Do you even have those professionals in your company or is it one man army enterprise?
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    Definition of an Economic Depression

    "It's a recession when your neighbor loses his job; it's a depression when you lose yours." Harry Truman https://www.forbes.com/quotes/10624/
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    Casinos part of GOP bailout package

    https://www.ft.com/content/de3f4400-6970-11ea-800d-da70cff6e4d3?emailId=5e749e7652270d000482fda6&segmentId=13b7e341-ed02-2b53-e8c0-d9cb59be8b3b Instead, he is pushing for a $50bn bailout for US airlines, which have spent almost every cent of their free cash flow in the past decade on share...
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    The hunt for crisis alpha

    If there are no bid for SPY puts, can't you sell where ever it is available like MSFT, AMZN or AAPL puts. Since the markets will be closed for the day, those puts should also expire worthless right?
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    Casinos part of GOP bailout package

    Capitalism they say when they are earning profits, but they want socialize losses
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    C and AIG. Anyone hearing anything?

    Good article regarding same theme https://www.ft.com/content/4d5cac08-69f1-11ea-800d-da70cff6e4d3?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content However, the golden era of risk parity — when both bonds and equities rallied — may be over...
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    Election theme

    Can you elaborate your implied carry calculation? Usually carry is quoted in rate terms no?
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    The hunt for crisis alpha

    I am up over YTD so far. Mostly passive holdings with buying OTM index bfly and some trading at the edges. Nothing systematic as you.
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    Special Report: How Korea trounced U.S. in race to test people for coronavirus

    https://www.reuters.com/article/us-health-coronavirus-testing-specialrep-idUSKBN2153BW Though there were only four known cases in South Korea at that point, “we were very nervous. We believed that it could develop into a pandemic,” one attendee, Lee Sang-won, an infectious diseases expert at...
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    Will the Trump rally be totally erased??

    Now DJIA is below the day he took office
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    Bye-Bye Buybacks

    Thieves. Send them to Guilotone. All of them are crony capitalists. https://slate.com/business/2020/03/airlines-bailout-coronavirus.html The first question—where’s the money?—is also not so complicated. Over the past decade, according to Bloomberg, U.S. airlines spent 96 percent of their cash...
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    C and AIG. Anyone hearing anything?

    Isn't too late for this type of trade? Spreads have already widened considerably. As I type this Treasuries getting smoked. Looks like end of risk parity as we know it.
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    ES Journal - 2019/2020

    Just like you saw long buying opportunities from 3300
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    Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention

    https://seekingalpha.com/news/3551830-sell-sell-sell-s-and-p-trough-2000-goldman "Sell! Sell! Sell! was the story of this week’s 9% plunge in stock prices as the longest bull-market in history ended just days after its 11th anniversary. This week, the most frequently asked question from...
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    Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention

    Zero from US, negative from China, probably negative from Europe as well. Not very good news
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    Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention

    https://www.cnbc.com/2020/03/15/goldman-sachs-sees-zero-us-economic-growth-as-the-coronavirus-spreads.html Goldman Sachs on Sunday downgraded its outlook for the economy in the first two quarters of 2020 as the coronavirus zaps all growth from the U.S. Jan Hatzius, Goldman’s chief economist...
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    Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention

    Stock buyback when the market at the top was okay, after 20% down not a good value
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