Election theme

short mar31 2000 2300 2500 2800 ironfly, vs long may 2900 c delta flat

flat nominal vega, short RT vega, implied carry (spot gamma vs spot theta) is 115 vol.
Hey Neww, can you explain this a bit more? I'm not understanding the spot gamma vs theta (even after reading your response to gmal). Can you also elaborate on how you came up with the implied carry #?
 
OP, thoughts on potential banning of shorting? Seems like SEC is tightening requirements (read shutting down) for inverse ETFs. Will ending shorting temporarily prop and/or reverse this crash?
 
OP, thoughts on potential banning of shorting? Seems like SEC is tightening requirements (read shutting down) for inverse ETFs. Will ending shorting temporarily prop and/or reverse this crash?

There are bear ETFs so that's a work-around, as well as simply shorting the synthetic, which will result in arbs for MMing firms that are allowed to short as they will be buyers of the synthetic and shorting shares to complete the reverse-conversion.

No idea if shorting is banned, but it's a mistake.
 
Buy the MSFT 30/40 bull vert on any duration out to April serial. 5.5x. Buy it.

Tech's been awfully resilient this last week or so.
Am I getting baited OP?
Is it the China recovery that's making it good?
SW doesn't need storage/shipping?
Tech driving the economy from home?
NASDAQ always rebounds quicker?

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