Recent content by Whetstone

HA HA HA HA, George "over-the-handle-bars" Bush! Remember they put up NO PARKING signs outside the Bush Texas White House. It was quick and very DECISIVE. No more grieving mothers allowed to park outside the Bush ranch. NO PARKING or else. And NO! you don't get to vote on it. :-ss

Absolutly agree, the focus will return to risks and offsets. Especially liquidity risk. What is the effect of a stop order on the market? This is a risk that is new... The three business tech risks you don't know about...

I wonder what "more regulation" will do >> I wonder what "more regulation" will do On the lite side: Force you to have a twenty letter password (including a prime number ) followed by a hoot and holler song just to login. :) And of course you will have to call the security desk everytime you...

Life long learning Thanks again for the reply. I think I figured it out. I found this on VIX Options hedgefundconcepts.com "The most important information to know is that VIX options are not valued based on the VIX index. Instead, the VIX options are valued based on the VIX futures...

Thank you for your reply. No insult at all. I thought all the same things and it shook my confidence for a moment. So I did a trade to see if their was something wrong or if I was really seeing a monstrous arbitrage opportunity. Although I don't like to pick off 'extremely' bad quotes, it...

market psychology google is a statistics machine and if you know the numbers you can control it. this outcome was not unexpected. it show the extreme vulnerability of "the machine" !!! google is not a "information" search engine. it is a "advertising" search engine. and advertiser will...

I have a question about pricing the VIX options. I have been watching VIX options closely for the last month and today I am confused. The VIX call options seem to be underpriced. For example a call option that is 6 dollars in the money and priced at 5 dollars. Here is what I know: There is 4...

Oh I see this part... don't understand what the "10.80%/11.30%" syntax is all about. I use 10.80 to price the call and 11.30 to price the put

I need help with how to price FX options. I see this story on the DJ news but I am a bit lost as how to plug the numbers into a pricing formula. ------------------------------------------------------------------------------------ "Volatilities implied by USD/JPY currency options were lower Mon...

I just want to make this observation about why C++ is good for quant programming. I say it is the "4th" best. Fastest: binary - op codes loaded into the cpu 10000011 01001100 - ( cpu specific ) Next: assembler - makes writing binary easier and produces fast compact code. ( cpu...

This is to funny.... Market Microstructure in the year 1908.... ..broker would hand a trade ticket to a runner (250lb linebacker) the runner would bull down the street. knocking people out of the way to get to the exchange and fight for the execution. This is an example of a 250lb...

hello world My two cents :) 1. manage risk 2. and you probably won't have to beg for change