Spot vix 10:00am EST call

[atticus]

Quote from arbs-r-us:

closed 40.95 on Friday.

My estimate at 10am is 26. Any other guesses?

A post of a correct call on the strip from the 40 figure, not hindsight perfection: http://www.elitetrader.com/vb/showthread.php?s=&threadid=198077&perpage=5&pagenumber=2

 

[arbs-r-us]

Quote from atticus:

Not interested in your tax return, which has absolutely no bearing on the trade at-hand, simply the BS blotter showing you earned >1MM on vega on today's action. This is your thread, right?

Hindsight is a wonderful thing. If you want credibility, then post the 1MM short vega BS on FRIDAY, before the close, when it actually meant something. I don't care if it was 50MM vega; it's meaningless if posted after the market ran 2.5%.

Here's an example of an actual legitimate call made in realtime. It just happened to be a winner:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=198077

I'll upload it from my G200 at 41,000ft just to make a point.

 

[atticus]

Quote from arbs-r-us:

I'll upload it from my G200 at 41,000ft just to make a point.

I think the ceiling is 39,000 on those, and about what I expected for a response. My guess is that it would stall well before 41k and crash like a big white turd.

 

[nazzdack]

Quote from arbs-r-us:
....41,000ft.....

Those volcano fumes and ash particles do crazy stuff to people.

 

[arbs-r-us]

Quote from atticus:

I think the ceiling is 39,000 on those, and about what I expected for a response. I think it would stall at 41k and drop like a big white turd.

Well genius, you would be wrong on the ceiling. It is FL450 and 0.79m is normal at that altitude. Anyway I traded 24k listed options Friday so a "retail blotter" as you call it is pretty much out of the question.

 

[arbs-r-us]

Quote from atticus:

I think the ceiling is 39,000 on those, and about what I expected for a response. My guess is that it would stall well before 41k and crash like a big white turd.

But from the hostility and tone of your comments, I suspect that you were short a chunk of vega or short some knockouts that got paid or maybe you were forced to cover a bunch of gamma or vega by your firm/risk mgr at 40ish.

 

[iloveoptions]

Quote from arbs-r-us:

But from the hostility and tone of your comments, I suspect that you were short a chunk of vega or short some knockouts that got paid or maybe you were forced to cover a bunch of gamma or vega by your firm/risk mgr at 40ish.

Congrats on a great call!! To be off by 1 point from a closing vix of 40'ish on Friday is a great feat in its own. I was one of the people that voted in the 22-27 range.

 

[atticus]

Quote from arbs-r-us:

But from the hostility and tone of your comments, I suspect that you were short a chunk of vega or short some knockouts that got paid or maybe you were forced to cover a bunch of gamma or vega by your firm/risk mgr at 40ish.

lol, you come on a message board boasting about offering 1MM vegas 800bp under the close, but after the market gets a historic bailout and +28 on ES. Then you call them pikers for not crossing OTC with some guy on the internet. You're brilliant.

I am sure that you were too busy fcuking Melania Trump to post the trade on Friday. No wifi on the Gulfstream?

 

[atticus]

Quote from iloveoptions:

Congrats on a great call!! To be off by 1 point from a closing vix of 40'ish on Friday is a great feat in its own. I was one of the people that voted in the 22-27 range.

Yes, I admit that was a good call, to be off by less than 100bp.

 

[arbs-r-us]

Quote from atticus:

lol, you come on a message board boasting about offering 1MM vegas 800bp under the close, but after the market gets a historic bailout. Wow, yeah, fcuking prescient!

I am sure that you were too busy fcuking Melania Trump to post the trade on Friday. No wifi on the Gulfstream?

I don't really find her that attractive (although others may) and she is FAR too old for my tastes in general and my wife is hotter by a mile. How much short vega did you cover on Friday anyway? Such hostility.