Quote from atticus:
Sure, buy 100 deltas in a skewed index risk-reversal. You will earn synthetic deltas >100 per point into a sizable rally due to vegas/dV, gamma/dG and strips/surface.
Quote from riskfreetrading:
2:07PM, Feb. 24, 2009:
While bears are now covering their shorts, with NDX now at 1159, we just posted on RFT financialtraders blog, that we are starting to scale in (prudently) on the short side. We change clothes very quickly from bulls to bears.![]()
Quote from atticus:
The 25D-strike bull risk-reversal [norm. to 100D] did indeed earn 6% more today than the buying futures into this rally.
WTF did I win for answering correctly?
Quote from riskfreetrading:
Atticus: You did not win, but you earn an A+++++++. The only one in trading history that I would ever give.
Also, did you check what happens on expiration. Buying as well as selling the risk reveral can make money, and one may not need to be long one of the legs which can expire worthless.
In sum your answer is a great answer from a great guy.
Regards
PS: I understand from your post that the question of this thread came just in time to make some dough for you. You deserve it. The number of +s in the A, are 7, like in heaven. 7=1+6 (as in 6%).
Quote from dsq:
Another horrible call!!!The market is going the exact opposite direction of your trade AGAIN!
hahaha...
you are getting killed again-hahahahaha!!!you loser...i guess you wont be posting again til the market goes in your direction....and then you ll say you got out with a profit but wont ever post a screenshot of your bogus calls....LOSER
BTW,what are you having for lunch-FOOT-IN-MOUTH?
hahaha
Quote from riskfreetrading:
2:07PM, Feb. 24, 2009:
While bears are now covering their shorts, with NDX now at 1159, we just posted on RFT financialtraders blog, that we are starting to scale in (prudently) on the short side. We change clothes very quickly from bulls to bears.![]()
Quote from riskfreetrading:
10:47 with NDX at 1143. You may consider flipping the burgers. Start with one burger first. Flip it to the long side.
Quote from riskfreetrading:
10:47 with NDX at 1143. You may consider flipping the burgers. Start with one burger first. Flip it to the long side.