I think his current fund was down 10% last year.
the pulp is the best part of orange juice! otherwise its just tang (which wasn't bad either).
I'm not sure where this discussion is going, but it seems like it's headed someplace unproductive. Iron Condors have a place in trading. But...
Unfortunately this is the art in buying blackswan insurance. If you buy the wrong asset you may not get a good hedge. And every "blackswan event"...
you could do nothing and wait until the market drops and then buy the spy or whatever.
how is selling a put consistent with your view of an iminent 5% correction?
trading revenues generally include commissions also. basically any pnl derived from the trading floor.
it helps to have 50MM of commissions coming in the door daily.
I think it's an emotional decision, which is a good enough reason to do almost anything.
Apparently, a big market making options house owns this firm. I bet they are routing all their orders to their own market making desk and they are...
You key issue should be execution. At 15 cents/contract they must have some payment for order flow (no issue to you) or must have a smart router...
Whereever there is a potential for a lot of money, there is a lot of shadiness.
From Yahoo! Finance! Citigroup, Inc. New Common Stoc(NYSE: C ) Real Time 44.17 39.65 (877.21%) 12:26PM EDT
do they include exchange fees in that?
Degrees might be overrated and school may not teach you anything, but it's hard enough to get a professional job without a degree. It's even...
The only people who work on Wall street without college degrees are the street sweepers. The days of starting as a clerk and working your way...
Go to school. Your options in life are far greater with an proper college degree than not. Decide on trading later.
1. What does "beat the market without taking on significantly greater risk mean?" There are many definitions as to what "the market is" and...
1. Many banks produce such papers. They show systematic strategies such as selling every expiry or on the first of the month. Selling vol works in...
That would actually be an interesting study. Enter into a 1 month iron condor (with some set parameters) and see if the trade generally makes...
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