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Search: Posts Made By: convexxx
Forum: Options December 12th, 2014, 01:44 PM
Replies: 4
Views: 7,996
Posted By convexxx
The 24/25 bull put vert is 0.70 mid. The vol is...

The 24/25 bull put vert is 0.70 mid. The vol is 24 on each, so assume that you fill the call spread at $0.30 to the buy. Pick one. They are the same (excluding fwd). What you should take-away is not...
Forum: Options December 12th, 2014, 01:39 PM
Replies: 4
Views: 7,996
Posted By convexxx
Stop defining a spread by call or put. Calls are...

Stop defining a spread by call or put. Calls are puts. A 60/70 DITM bull put credit is a 60/70 DOTM bull call debit. It's defined by the box arbitrage if limited to verticals (same duration) and by...
Forum: Options November 24th, 2014, 12:51 PM
Replies: 7,370
Views: 1,989,240
Posted By convexxx
oic. I would argue against it, as you're...

oic.

I would argue against it, as you're long the synthetic 4x1 in puts/futures (short four puts at PF strike, short one futures contract). The ATM combo is the origin of skew (up and out strikes...
Forum: Options November 23rd, 2014, 04:49 PM
Replies: 7,370
Views: 1,989,240
Posted By convexxx
Sorry, I don't follow. Long the atm combo against...

Sorry, I don't follow. Long the atm combo against the short PF?
Forum: Options November 21st, 2014, 08:01 PM
Replies: 28
Views: 16,895
Posted By convexxx
They do; it is a subscription service. IMO,...

They do; it is a subscription service. IMO, you're better off opening a TOS account and using their vol-charts.
Forum: Options November 21st, 2014, 07:52 PM
Replies: 4
Views: 1,546
Posted By convexxx
The trade is governed by the conversion...

The trade is governed by the conversion arbitrage. Simply quote the synthetic and you will see that the call is trading under the put equal to the div (less fwd).
Forum: Options November 21st, 2014, 07:46 PM
Replies: 7,370
Views: 1,989,240
Posted By convexxx
Thanks for the cogent explanation. It's something...

Thanks for the cogent explanation. It's something you want to express as a rolling 30-day OTC figure if you're intent on getting into historical data. I trade these from time to time. They're a large...
Showing results 1 to 7 of 7

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