Long vol.
Thanks, risk reversals make sense. What about when modeling HV/IV?
Mav, Do you in any way apply ACD to skew? If so, how? Also, how do you interpret cash confirmation when the futures fail (or vice versa)?
Oh yeah? We'll male our own prop firm, with blackjack and hookers!
Pretty sure it would just be /CL-2*/NG according to the table at 18:21.
http://www.investment-and-finance.net/derivatives/p/power-option.html
Did you comment in the wrong thread or something?
Ever been to Europe? When you whip out a EU500 almost everyone thinks you're crazy for carrying it. Almost no one uses it to my understanding.
Up up and away (equities)?
I supposed that begs the question of how to determine informed order flow?
You're out of your element.
They're pretty good for a long only portfolio, you just have to get the timing down (easier said than done). Also consider SPXS and TVIX.
Ah yes, you are correct.
He's translating that into position $/contract.
You are a gentleman and a scholar.
That was way more effort than I was willing to put into that answer...
It's your theta, haha.
Theta
This makes me a little more confident in my decision to sell off chunks of my portfolio with each leg up this year.
The final leg up?
Separate names with a comma.