Also, germane to your real argument, but many people would disagree on the value added by Instagram and Whatsapp purchases and the sustainability...
Yep, so clueless. MMs are not taking the other side of your trade unhedged. If they sold calls on every stock in the NDX, they'd be long all...
Are you watching any other market activity at all? Overlay a graph of FB and NQM4 along with the VWAP of FB and get back to me. Also, if there...
So obvious.
This. I love reading about how I collude with all my competitors and take massive positions during a very volatile earnings period. It's become...
Loving this thread. What was "it" that you were trying to do that your broker wanted to stop you from doing further? And please read up on...
There is no correct answer as to how MM books are run, as it all depends on how their VIX future position fits into their portfolio. There are...
Depends on how you're running your book. If you had a naked VIX future position on as part of a vol bet, the future would roll off and your...
The prices that print in the HOSS opening can be vastly disconnected from the first quotes streamed in the day session. For example, there was a...
A cross is when a broker lines up both sides of a trade instead of having a MM in the pit take the contra side. This can come about as a result of...
I think you're misunderstanding what sle is arguing; hedge ratios are referring to the number of futures of one maturity you'd have to be long to...
Keep in mind you're buying options on the August future, which is currently trading around 17.7, so those 14 calls are deep in the money -- 80...
You certainly don't have to cross bid/ask, but if your order isn't particularly large they're probably not going to be inclined to shop it too...
Per the OCC's rules, any options that are at least .01 in the money based on the official settlement price of the underlying equity (as determined...
Keep in mind the above is true for equity options. However, if you're trading weekly options on futures, this may not be the case; ES weekly...
Antichrist is a bit strong, but yes, they ruin markets all day long.
Duh, you're right, EOM options settle at 3, not 3:15.
Keep in mind that futures settle differently at month-end than on other days: http://www.cmegroup.com/trading/equity-index/fairvaluefaq.html
Reminds me of one of the few customers who still trades S&P options at the CME. The fund's strategy is to buy the 1 piece in put ratios (1x4s,...
If nothing else, just remember: sell a cab, drive a cab.
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