Quote from nycderivtrader:
I am currently 27 and work for hedge funds doing pnl work- I do not have a PM account, however, I have studied options for 10 years and have invested/traded them for 5.
For my current personal situation, what makes sense, is to put up capital in return for a share of profits. I feel that this would be highly lucrative as a form of diversification, beneficial to both parties. Right now I am doing pretty well, however, volatility is pretty high and premiums are hefty. Nonetheless, I feel the above will apply and be lucrative as a form of diversification for traders and / or firms.
Ideas?
NYCDT
I trade for VTrader and we offer risk based haircuts. There are other places that do as well. However, the options side of the business is very different from the equity side or futures side. Most options firms want you to come in with 50k to 100k. No one is going to let you trade overnight options for 10k or 25k. Not even Simplex.
My best advice for you to is trade options on futures where you will get Span Margin which is very simliar to risk based haircuts.