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so then, the 80 dollar book value is incorrect and needs to be repriced? you may be right; but then again value may be pegged at 60 plus by buffet or rbs, etc. then watch out on monday. i do understand the concept of why they cannot go forward after the run; but as someone who has a close friend...

there is no question agev (fucking clown) has been embarassed big by atticus. clear as a sunny day. i should know...he's gotten me a few. apparently agev got bitch slapped real bad in a previous handle. i am surprised that atticus spent so much time though. he must be bored. one thing i am...

new guy, ask yourself, why did this thread suddenly die off? one reason is that many here who posted and traded these spx spreads got killed with the vol increase from 07. even the thread founder no longer trades spx extensively. look at future options, the margin req. is much less, use 10pt...

you are real slick in spinning that i have an agenda regarding your trading and it is more than fleeting concern. i have no steam to blow off as i did very well this year and always behave account wise in a defensive manner. we all have our perceived edges. your point about leverage is of course...

i would also venture to guess that excessive futures trading, lack of experience, and undercapitalization , has a negative correlation on account values. let's face it, because of the public blow outs of people such as vic and other lesser knowns, it is too easy to make pot shots at vol...

i rest my case. many (including me) would say, the wimp is the one who is nasty knowing that he never will see those victims. can you honestly say whether and how many times you have gone bust...or even maybe negative debit ? mine was trading eur/usd futures when i first went on my own...

bet on then. just as pdt rule was instituted, more controls are due for option writers. for ib, i already said that they need to reweigh in their margin. i traded for bear (options arb), another outfit catering to hedge funds who did spreads, naked, etc trades, and now on my own with my own...

usually you are so upbeat.....firstly, the gentleman who posted about leaving ib with one et post is surely a longtime poster who wants to protect his main identity; just as i do. you are also an experience volatility seller, yes? it is not important enough to me to know for sure, but i am...

right on. yes, this question has been done so many times that i am sure no one wants to hear it again. my particular inclination is selling very otm index options. i have done straddles, ctm shorts, ctm spreads, etc. i can manage those positions well as i do have the aptitude , experience, and...

as someone who has traded professionally (by the simple fact i had a options desk job in nyc) and now privately for over a decade; i can say vic imo had the premise correct. i have talked to hundreds of guys and really believe the only way to make a livable (as i do) income is shorting 10% otm...

my 2 cents is to also trade otm credit spreads (i go very far otm). i buy back all spreads once i get some profit. a lot of times you leave your self exposed when you should not be (because mkts moving toward the short strikes), just to gain very little juice. also do some debit spreads, and...

you know this site has a lot of people trying to learn through nonprofessional channels. all you are trying to show is how much you know by being facetious. why not try to help them a little?

i hear you too. i take that you do not trade much directional options? the puts earned well, as i can see. i will try some longs half size. thanks for the input.

when choosing the best strike i take gamma,delta, etc into consideration. i have most of my experience with picking overpriced options that i believe will revert to the mean shortly. i have done well with long options. with the most recent vol in my core trading, i have made most of my money...

well nazz, as you may know, i am determined.... although i am more of a tape reader, i am betting on collapsing vols on each trade. last monday the market was gapping up and i saw some printed call sales that were so much beyond what i felt was fair value. i put in some orders, hit and then...

as a longtime options trader, i have been trying on a small scale a new type of trade. i am interested in talking to others who may have tried daytrading on the short side. playing gaps, reversals, trends, etc. out completely eod. last week i sold puts on es when i decided the market went as...

so we all sell gamma; your difference from most of us is your ability to hedge the main position successfully and profitably. back when you sold cheap gamma before your most recent fund; did you blow up ? you must have. i know for a fact that taleb also sold around his buys. you do make...

a pattern of your behavior: you hate vic and taleb. two very different traders. i take it, you trade somewhere in the middle and are profitable? what do you do that is so fantastic that you can trash these two guys?

you wouldn't be that guy from atticus written in today's wall street journal? if you are, then you deserve your ego. if not, you really are a piece......

i think atticus has such a hardon for him is because he is just like him...look a little deeper......