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  1. J

    Biden: Will pursue criminal charges against Bush!

    OSAMA BIn LaDEN OBAMA BIDEN hmmmm......! Coincidence or karma? Just kidding!
  2. J

    SPX Credit Spread Trader

    Got your point Mav but perhaps I should rephrase my question. Do you avoid travelling by plane as much as possible if u could alternatively travel by car without significant travelling time difference (e.g. 2 hr by plane, 4 hr by car), assuming you have no time constraint?
  3. J

    SPX Credit Spread Trader

    Mav, agree! BUt what about flying? Low probability of crash but when it happens........
  4. J

    Physics and Trading? Hmm…….

    I believe the results are still mixed. Doyne Farmer has written a lot of interesting articles on chaos, complex adaptive systems, econophysics etc. Just search his name on google if you are interested. You can also read Edgar PEters books (Chaos, Fractals) for introduction to the application...
  5. J

    Bond Options

    Anybody know which model commonly used by the market to value bond options: vasicek, CIR, Ho-lee, etc etc etc? Just bought a C++ book on bond options. So many models to pick. The easiest one is the mean reverting Vasicek Model. Also, this model has a closed form solution. But C++ is a...
  6. J

    HV (Stat) vs IV Play

    MTE, Good. Thanks. I'm still not sure about the option market micro structure. But are you sure IV is 100% function of the market B/S pressure. Don't market makers have some leeway in determining or quoting the IVs? My point is this: Statvol = function of(market of the underlying)...
  7. J

    HV (Stat) vs IV Play

    Say Iron Condor, DN Straddle - Stat vol, Calendar, Diagonals - IV
  8. J

    HV (Stat) vs IV Play

    Based on ur experience,Which one is better?. I tend to favour stat vol play. Relying on IV to go up or down in the long run probably is a losing game because ur positions profitability will be at the mercy of the options market maker.
  9. J

    Options books

    Pit Bull - Martin Schwartz maybe?
  10. J

    Reverse Ratio Calendar Spreads?

    Ok. Maybe what u mean is that u r reversing the ratio instead of reversing the calendar. If this is the case, i guess this is a simple ratio calendar spread. The ratio can be 1:1, 1:2, 2:1 etc. The name is not important as along as u know the pay off profile & the greeks.
  11. J

    Reverse Ratio Calendar Spreads?

    Isn't reverse calendar = long front, short back, long gamma, short vega?
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