Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Lean Hogs has been interesting day today - massively volatile, currently 828 bid @ 121.750 on June14 future. Can sell LH Jun14 146C for 0.225 on IB for a c13% ROI (Premium less comms / 3 x IM / DTE x 30). Delta 0.04. Hist V is 25%.
There has been huge bids/offers over last few days, its clearly not spoofers as plenty of players can do that size.
btw I just finished Hedge Hogs, think SMCJB recommended - great book & v well documented re NG Trading at Hedge Funds, worth reading even if you dont trade NG. Shame theres not more like it. Just started Flash Boys but cant see it will be as enlightening.
Zero85
NYC +NY/ United States
Posts: 33 since Mar 2014
Thanks Given: 13
Thanks Received: 10
Interesting good find. Thanks for pointing this one out to us, looks good.
mixpol
Kazan russia
Posts: 31 since Dec 2013
Thanks Given: 2
Thanks Received: 5
could u give a link to that book? thx forward
mixpol
Kazan russia
Posts: 31 since Dec 2013
Thanks Given: 2
Thanks Received: 5
i guess crude oil may exp within 104/97.5? and 110 jun is good to sell? in real acc we may short 114call for greater security
kevinkdog
Posts: 3,662 since Jul 2012
Thanks Given: 1,892
Thanks Received: 7,351
May Crude is at 103.3 right now. Isn't 104 cutting it close?
For Jun 110 Call is at 10 delta. 114 call is at 4.3. The 10 delta is personally a bit scary...
depends how long you are holding for, you dont mention anything about your strategy so its anyones guess. also opec meetings can move the markets by 10$+ so its not just geopolitical risk which can make you go bust. only you know your limits to risk so even with additional info its hard for anyone else to comment on what is a good trade for you.