Coco - Omg!!

Why are all the smaller traders punished for a fuck up by a large fund? If someone made a mistake at the fund, that is their own damn problem, right?

Seems like you can't win in this game. It sounds very unethical as well.

Why would they open the market and then bust the original trades afterwards?

Why can't we just get to a purely non-screwed around with free electronic market?

That's bullshit for all of you guys. I'm sorry.
 
Quote from lindq:

Based on experience, I wouldn't be so quick to jump into this sector. It has been pushed to very high valuations. Now that the spotlight is on, there is a good probability that the stocks are going to be leveling at more reasonable PEs.
More...
CECO now has reasonable P/E since it plunged from $55 to $31.50

:D
 
Quote from Cutten:



I'm still long half my COCO bought in the 52s - it's now trading 56.90. Let me know next time the T-bond moves 4 points in one day :D
More...

you might think that's better than bonds, but the margin on the ZB bond at IB is only about 1500.00, how much COCO could you have got w/1500.00? so you could have made 1000.00 w/only 1500.00 of you capital invested per contract, imagine if you have 5 or 10 contracts at on 1500 each? the COCO move doesn't come close to that.
 
Quote from blb078:



you might think that's better than bonds, but the margin on the ZB bond at IB is only about 1500.00, how much COCO could you have got w/1500.00? so you could have made 1000.00 w/only 1500.00 of you capital invested per contract, imagine if you have 5 or 10 contracts at on 1500 each? the COCO move doesn't come close to that.
More...

Well, volume is low, right?
 
Quote from lojze:



Well, volume is low, right?
More...

no, about 250k contracts today, a litte less than what the NQ does, ZN had a volume around 720k contracts
 
The more and more time that I spend on this website, the more I am convinced that there are a lot of very ignorant traders on here that have no idea what they are talking about:

"I'm still long half my COCO bought in the 52s - it's now trading 56.90. Let me know next time the T-bond moves 4 points in one day"

As "blb078" so eloquently states in his previous post, the amount of capital needed to produce the gain in COCO vs what you would have made with one bond contract in today's t-bond range is NOT EVEN CLOSE!

:)
 
Then stop answering question from ignorant traders, I have no idea why you keep answering their question ??

Quote from waggie945:

The more and more time that I spend on this website, the more I am convinced that there are a lot of very ignorant traders on here that have no idea what they are talking about:

"I'm still long half my COCO bought in the 52s - it's now trading 56.90. Let me know next time the T-bond moves 4 points in one day"

As "blb078" so eloquently states in his previous post, the amount of capital needed to produce the gain in COCO vs what you would have made with one bond contract in today's t-bond range is NOT EVEN CLOSE!

:)
More...
 
Quote from blb078:



no, about 250k contracts today, a litte less than what the NQ does, ZN had a volume around 720k contracts
More...

Are you talking about ZB or ...?
 
Quote from vhehn:

"In this case, with Nasdaq deciding to bust trades *after* the stock was reopened, they have shown themselves to be an incompetent and unprofessional exchange, IMHO. A futures exchange like Eurex or the CME would never do that."


exactly. i dont remember this ever happening before.
More...

Your comment refers to CME and Eurux never busting trades, I do however remember a debacle in the CBOT mini dow about 6 months ago.

Remember this -- if you roll the dice when something is that far out of whack, your gambling not trading.

I feel for everyone that got f****ed on that.

But beware, its happened before, and it will most assuredly happen again.

If any of us have learned anything as traders, its that the unexpected CAN and WILL happen.
 
You must log in or register to reply here.
Back
Top