Black Scholes and the formula of doom
It has been argued that one formula known as Black-Scholes, along with its descendants, helped to blow up the financial world.Well, that got FT Alphaville’s attention this...
Pop ya collar, don’t let the S&P sweat ya
Are you pleased with how your stock portfolio has performed this year? And are you concerned that your gains may get wiped out? Not to worry! A simple option strategy recommended...
Pop ya collar, don’t let the S&P sweat ya
Are you pleased with how your stock portfolio has performed this year? And are you concerned that your gains may get wiped out? Not to worry! A simple option strategy recommended...
An Apple a day crowds the market
Dean Curnutt at Macro Risk Advisors believes the following is anything but a healthy sign for the market:The chart shows the amount of Apple and SPY options vega for both puts...
Sunday Morning Coffee
This week's Striking Price column in Barron's (the column about options) had a recommendation from some brokerage firm of buying Bank of America (BAC) common and selling the January 10 call and selling the January 7.50 put for a total premium of $1.59 ...
One Week!
Joseph Saluzzi (jsaluzzi-at-ThemisTrading.com) and Sal L. Arnuk (sarnuk-at-ThemisTrading.com) are co-heads of the equity trading desk at Themis Trading LLC (www.themistrading.com), an independent, no conflict agency brokerage firm specializing in trading listed and OTC equities for institutions. Prior to founding Themis, Sal and Joe worked for more than 10 years at Instinet Corporation, pioneers in the...
Correlation questions
There is a great deal of talk this morning about the large in increase to historically high levels for the Chicago Board Options Exchange S&P [...]
Correlation questions
There is a great deal of talk this morning about the large in increase to historically high levels for the Chicago Board Options Exchange S&P [...]
There is a thin line between success and failure
Netflix is far from a failure, but its current predicament shows the fragility of business models in the modern age. One need only look at [...]
PEDAL TO THE FLOOR: IT’S EARNINGS SEASON! OR…..
One of the things that make the markets most difficult, is they start to drop long before the earnings do, and they start to rise well before the earnings. The markets rally when you feel hopelessly beaten up, you stop looking at your charts, because everything is bad. You feel...
Guest post: Jared Woodard on What Options Are Good For
I don’t often solicit guest posts for Abnormal Returns but I wanted to highlight this post by Jared Woodard at Condor Options. When I went [...]
Guest post: Jared Woodard on What Options Are Good For
I don’t often solicit guest posts for Abnormal Returns but I wanted to highlight this post by Jared Woodard at Condor Options. When I went [...]
