/biz/ - Business & Finance

first for gay monkey sex space suits

Lord on High, please let these green futures hold
Im even a bobo but man this week has just been atrocious

Where are they now?

>>49731560
>0 days since misleading futures

Tomorrow is gonna crab green and finish up .01%, then gap down on Tuesday after dindu holiday

Nobody knows I posted tons of cringe last thread, feels good.

cool fucking market you guys got here

>>49731567

>>49731567
Tent city, SF

When does Japan release info about rape hikes?

/leanhogs/ bros... We literally can't stop winning. Orange juice virgins will NEVER see a vagina.

>>49731581
It's a significant reason I love this shithole. You can go full retard for one thread and actually contribute the next.

I'm guessing all the afterhours anons still think SIGA is a joke and are buying SOXL

>>49731581
I know anon

>>49731581
Dis nigga out here postin cringe. On god, fr fr.
I bet he spent all his money on monkey gay sex stocks too.

How many hours until Japan market open.

It is way too calm in here.....

>>49731608
I don't think I understand this graph.
Am I retarded?

>Futures

>>49731567
bagholding in their mother's basement

If the market opens green, I'm going hard on SQQQ

>>49731608
ETOH bros!!
kek at oil niggers. you got too greedy

>>49731610
what the fuck is a "contribute"?

>>49731618
He knows.....

>>49731633
i guess, green=good red=bad what do you not understand?

>>49731608
OJ BROS NOOOO

NOT LIKE THIS

>>49731614
Market hours posters actually think space aids will make them rich

>>49731630
there’s no fight left to fight. it’s over.

>>49731650
We help our friends here.

>>49731614
I was unironically going to buy 100 shares of SOXL this afternoon. I got distracted by china food and a hit-and-miss engine restoration series and never got around to it tho.

>>49731661
Crude wasn't red today.

How is everyone enjoying 2022?

>>49731614
I’ll go all in on SIGA if their vax supports an anal suppository format.

Fell for that guy linking me to /gme/

god it baffles me how anyone can still believe that the short squeeze will happen any day now, reminds me of doomsday cultists

>>49731673
We still can roast some marshmallows anon. Wanna make some smores?

>>49731674
It's AH so I'll DCA intofull-throttle frenposting, I guess!

>>49731694
All my positions are down 20-40% on top of whatever retarded moves I normally make, but I have zero panic. Pretty comfy

>>49731693
relative to other comoditties

>>49731694
Grettings from 2023, things have improved greatly, rest of 2022 sucks though.

Daddy NEEDS to slurp some delicious Friday dipperino.

>>49731709
bro what do you mean, GME is going to 16k buy now before the MOASS

looks like oil is still set for going down, maybe even after the opec meeting tomorrow. personally, would love to see XLE go down some more, DCA down a bit before it rips higher again, along with commodities (potentially). now's the time to be taking profit oil barons, buy in once it bottoms out.

>>49731731
Oh wait those are as of right now, and forgot the current contract for crude shows it down 2.5%.
I was looking at USOIL lol.

>>49731694
I'm having tons of fun :^)

3666 was the bottom. This selling has been too orderly, fake and gay 6 month long dump.

BROS, I just noticed something
>Early May SIGA gets IV drip approved
> GAYS and throat slamming and assblasting
> POX appears on throat and asshole
> CDC is baffled why its appearing on ass and throat
HOW THE FUCK DID SIGA KNOW THIS VIRUS WAS GOING TO BE IN THE THROAT, THUS PUSHING FOR THEIR IV DRIP THERAPY?

>>49731694
It's alright.

>>49731608
Hell yeah bro if my neighbor asks for sugar today I’ll be sure to charge them .76 more

>>49731769
You're mistaking crude for the companies. The companies have been absolutely heemed with the rest of the market. Crude hasn't been impacted that much.

>>49731789

/cashgang/ right now

>>49731608
>Ethanol goes up
>Oil goes down
?????

>>49731597
That was me and I sold the top lamo
>holding during a bear market
nice cope

>>49731781
The great thing is that since it's all been methodical dumping the reversal is going to catch all these "just wait for the capitulation!!" faggots off guard. This isn't the 70s, this isn't 2008, this is this time you fucking idiots

>>49731810
*companies, sorry. XLE is focused on the companies, not crude itself

You don't lose as many dollars to inflation if you have less dollars.

>>49731540
GAY NIGGERS IN SPACE SEX BROS WWA

Rape 'em, kid
/smg/ is a magical place

what we thinking bros?

>>49731694
>selfie stick
>2022
>How is everyone enjoying 2022?
boring, albeit hopeful

SHILL ME the most degenerate play that you wish you could make, but don't have the balls to. I never had more than $1000 to my name so it doesn't really matter what I do at this point. I'll never escape my class. Dubs decides, and I'll post results tomorrow. SCREENCAP THIS

>>49731849
>tfw XLE bag holder

>>49731861
KEK

>>49731852
No money, no problems

>>49731847
The thing is retail already capitulated or at they've given up all the gains made post pandemic and are now bagholding. The 1% owns more stock than ever. kek.

>>49731849
It is wild how hard oil and gas etfs have been hit though. NRGU is down as much as SOXL lol, while crude has been hit but not nearly as hard.
GUSH is 2x and is down 26% this week and down 1% for the month (after a huge dump), while UCO (also 2x but for crude) is only down 6% and up 9% this month.

>>49731884
Buy a naked put on TESLA

>>49731694
>tfw getting raped but everyone else is getting raped way harder

>>49731864
>tfw made it into the screenshot

>>49731884
Short VIX

>>49731918
I think you mean "sell"

>>49731861
based af saved
>>49731929
me too finally

>>49731884
rolling dubs for XELA lol

>>49731884
>I never had more than $1000 to my name so it doesn't really matter what I do at this point.
shithole country or just horrible wagie job?

any interesting news around pms, physical deliveries, price manipúlation other than the Uganda?

>>49731955
I have no clue what I mean. I think some dude here did a naked put or something on gme when it was around 30 dollars and ended up owing 140k? I don't fuck with options because I am retarded.

>>49731884
CCXI

When can we realistically expect the major indexes to be back at ATH?

>fututres

>>49731884
0DTE put on AAPL

We need to talk about the incoming Volga Hurricane. This is going to be a bad one.

>>49731982
wrong general

>>49731863
Sounds like the bottom to me

>>49732004
nerd

>>49731988
I'm sorry, you must ask the right questions.
>Can we realistically expect the major indexes to ever be back at ATH?

>>49732031
You people used to bully me for being a nerd .But now im here arbing vol on your ass.

>>49731982
the only physical delivery that matters is the pizza I ordered 5 minutes ago

>>49732004
Is that before or after we cross the zomma 50 dma?

>>49732048
>>49732004
nothing happens until the gorgonites take back their base from the elite commandos

You DO keep a trading journal don't you? So you have in writing how stupid you are?

>>49731982

Uganda thing was literally fake news. Maxis were just butthurt.

>>49732048
Well, well before zomma swaps go below the 50 DMA.

>>49731917
Lets all get heemed equally.

>>49731988
maybe next month? definitely not next week.

>>49731526
I think the best part about crashes is it prunes off all the bandwagon fags like GMEies and dogecoin redditors

>>49732097
>GME
they seem to be as annoying as ever, what do you mean?
at least the cryptards are finally shutting the fuck up

>>49732069
damn maybe I should

>>49732075
Ok shill me what you have to say about Volga hurricanes. I submit, I am not big brained enough to be that deep into options, I just dabble in turning macro into cash

>>49731526
That pic is super inaccurate, lel 1929 wrecked people long term.

Also whats with those "this day on history" ads. They kept getting in the way when they were on the bottom of the thread. At the top the overlay the reply posting

>>49732112
only the most delusional of retards are left, 90% of them are gone

>>49731999

>>49732004
I'm more concerned about the crouching niggers in SPX.

>>49732130
Lol.

We are halfway to a bank meltdown after the fed hiked by 75bp.

>>49732112
>GME tards
“In time”

>>49732172
i'd fuck them all, even the slampig on bottom right

>>49732137
That’s the joke, they took 30% losses across the face and it was just another week, now days people beg for rallies because of whatever indicator they use

>>49732173
No I’m being real. What’s a Volga hurricane, I want to learn

Bottom within 1 week simple as.

>>49732172
Top left, top middle, middle left, middle right,, and bottom middle are all hot as fuck

>>49731884

Here. I do not know how to do any of the strategies mentioned so far. But will figure it out if dubs (spoonfeed me).

>>49731973
Yes, America.

>>49731694
Pretty good. I got my income above 100k a year. I have no debt. Been DCAing into ETFs on the way down. Making nice gains in the gym. I am at my best in this clown world.

BUDDY LOOK AT THE YEN COMPUTERS

nikkei getting weirdly volatile

>>49731597
Never f*ck with the trend bro. If the trend is down.
Shorts will gain mostly.
Short trades have gained 8 in 10 times last few days.

>>49732211
I'm just fucking around lol. There's no useful information in learning about second or third order greeks. Volga, zomma, vomma, vera, vanna, charm, etc. All of these second and third order greeks are just irrelevant unless you run some vol arb / delta neutral fund

BUDDY
LOOK AT USDJPY COMPUTER
THEY DIDNT CHANGE THEIR FUCKING INTEREST RATES
BUDDY
THE YEN IS CRASHING

who here /summericecream/

>>49732222
Checked

>>49732260
I got some sausages to grill for tomorrow

>>49732252
You know how most countries have an inflation problem? Well Japan is weird. They have a bad deflation problem. Meaning its actually good that their currency is devalued.

>>49732211
https://en.wikipedia.org/wiki/Vanna%E2%80%93Volga_pricing

>Volga is the sensitivity of the Vega with respect to a change of the implied volatility
Vega being the change of contract price with regards to volatility changing. In other words, volga is like volatility acceleration on price

>>49731581
All post are cringe fren

>>49731567
Thats me unironically but i adapted

>>49732260
Tillamook is about as expensive as I will go for Ice Cream. Also is it my imagination or has Blue Bell's quality control fell off a cliff?

>>49732271
yes anon they have been trying to get inflation to work through low rates for OVER A DECADE
it has not worked
however, the BoJ is also losing control of the yields
it printed TEN TRILLION YEN OVER JUNE SO FAR ALONE

>>49732282
llol please dont try and actually make sense of these stupid greeks. none of the second or third order derivatives mean jack shit

>>49731985
Yeah, that's a sale. You can't owe money on purchased option contracts (unless you buy them on margin)
>>49732269
But do you have... COLD BEER?

>>49732250
Ah, makes sense, jokes on me. I’ve been meaning to learn more about delta nuetral strategies that brokers run, I might get deep into looking it up this week

>>49732238
That’s a big fucking spike

>>49732269
I just had brauts, and italian brauts last week. I think I like the italian Brauts better.

>>49732069
My broker and the IRS keep one for me.

>>49732296
>yes anon they have been trying to get inflation to work through low rates for OVER A DECADE
They haven't done an asset purchase program this big ever before. I think this time it will slow deflation down for Japan.

>>49732295
It's useful for identifying risk factors, and hedging. Of course that only really matters for very large or far-dated complex positions, which isn't the case for anyone here.

>>49732299
how bout some chicken fried? how dout datsch?

>>49732289
I stopped getting Blue Bell's after that lysteria thing or whatever it was

>>49732296
To fix deflation they just need to give neets checks for having sex.

>>49732326
Look at the Nikkei anon
They can devalue the yen all they want, the problem is they're not gaining ANY inflation or stock growth, it's crashing AND THEY'RE STILL BUYING

>>49732223
>live in the richest country in the world
>doesnt have 1000$ to his name
tell me how I know you're a darkie or were raised by darkies
>>49732069
I am fully aware of how stupid I are

>>49731884
S&P LEAPS

>>49731988
Years with no qe
A year or so with qe

Also why aren't we shorting weeb bonds. They will have to capitulate eventually when wages arent catching up.

Im eating trail mix for dinner because i forgot to go grocery shopping

>>49732230
Qrd on the video? Japanese gameshow?

>>49732308
Let's talk about delta neutrality then. Lol.

If we wanna go over some delta neutral option trading strategies, I think talking about how to view gamma scalping without compromising the mandate of delta neutrality is a good idea.

In a market where spot - vol relationships are poor. It opens up a lot of basis and belly risk that can dismantle you.

So often, in a vol arb fund people will talk about running a beta/delta neutral profile. But for some newer investors on shitholes like /smg/, it can be easy to overlook the importance of how delta dollars change the assumed P&L path dependencies of a portfolio.


Ex: Lets say I buy 10 call options with a .45 delta, my position delta will read off 450.

Cool, so conventional thinking amongst new traders is that I can offset that long delta with an underlying with a similar beta and just buy puts to be "delta neutral". So we go and buy 10 put options with a delta of .45 and we are now delta neutral.

The problem with this, is that if one underlying is priced at $400 and the other underlying is priced at $4. Even if they are correlated, your portfolio will realistically be leaned one way.

Dollar delta is very simple to calculate. Its the amount of option contracts X contract multiplier X underlying price X delta.


So long story short: if you buy one .50 delta put on a product that tracks the S&P and one .50 delta call on a product that tracks the S&P. You are not delta neutral if one is priced at $20 and the other is priced at $250.

Guys don't forget to hedge a little in case the market pumps randomly. Could happen at any moment

>>49732331
Just a lil' bit of chicken fried.
>>49732342
So, you mean they will give out $0 in stimmies to neets?
>>49731988
Really depends how long the crash lasts, could be as long as 10 years.

>>49731985
It was naked calls

>>49732335
oh wow. I didn't know about this. Kind of a shame because I am a big fan of their cookie two step.

*ahem*
Nippon statement
https://www.boj.or.jp/en/announcements/release_2022/k220617a.pdf

I'm salty markets are closed for niggerday

>>49732387
I enjoyed this trail mix I got with little balls of yoghurt was soft and chewy.

>>49732329
Exactly, these second and third order greek exposures are only relevant for people who aren't neckbeards on /smg/

>>49732387
I ate a whole bag of chex mix last night while me and the wife were watching "The man in the Iron mask". I also drank 8 beers.

Honestly you people laugh at SLSSF buyers, but you really don’t have enough toilet paper yourselves. The average person uses a roll of toilet paper per day. If you have a family of 4, that’s 28 rolls a week. Over 100 a month. Toilet paper rolls will be worth their weight in gold in a few months, because everyone needs it.

>>49732222

Damn, anon was right...
Bank of Japan allocates 2 trillion yen to buy CP doujins

>>49732403
>The Bank will continue with Quantitative Monetary Easing
Jesus Christ, Japan really is the king of BRRRRRRRRR

>>49732393
im riding this bitch all the way down, speedbumps and all

>>49731884
0 DE GME poots

>Taiwan Central Bank increasing hikes
Damn
>>49732419
Your wife is okay with you having 8 beers in front of her?

>>49732423
I will just do lots of vicodin and then stop and just let my shit turn liquid and let my bidet wash my ass for me.

>>49732405
It will be a good day to work undistracted, if you're white.

>>49732423
Wait, there are people that only use 1 roll a day?
>>49732403
Guess that means shorting the yen is like a sure play then right?

>>49732389

>>49732387
classic

>>49732388
No clue. I just save webms that I like. Most are of cute girls.

>>49732389
sir this is a gambling forum

>>49732451
It doesn't specify doujins, I am going to need these bankers to do the nose test.

WTFWT

>>49732451

Does this explain the green dildo on the s&p futures

>>49732478
yeah but you won't be the first
it's definitely a good long term play as everyone else rate hikes though
Just dont do EURJPY

>>49732460
Ya why? She just bought me 1 case of bud light, 1 case of bucsh light, 1 case of corona extra with my money of coarse.

>>49732252
>THE YEN IS CRASHING
sorry, i couldn't find that crypto, what's it index?

>>49732451
uohhhhh

>>49732389
So hypothetically could you just increase dollar delta by buying more contracts? Buy 100 contracts on the $40 underlying? Or would you then be over exposed on theta, gamma?

Run.

>>49732478
There was news that some hedge funds were trying to pull a Soros on the yen.

>>49732510
usdjpy
>>49732501
yes, because that means JP will keep most of its $1.2 of US treasuries for the foreseeable future. If it started maturing them faster, it would completely nuke US bonds

Buy USDU?

>>49732451
the japs are buying cheese pizza?!
>>49732478
>>49732423
>he doesnt use a bidet
fucking disgusting american pigs
>t non-disgusting american pig

>>49732526
I need people to decide whether they are shorting or buying us treasuries

>>49731608
>nikkei beating the dow in the midst of apparent extreme inflation
The Yen is gonna bankrupt a bunch of forex traders again, isn't it

>>49732535
>>49732501
$1.2 trillion* that is

so much for that 20 minute nikkei bump, lets gGOOOOOOOOO

>>49732535
>>49732562
>>49732568
>>49732543
I wish I could understand any of this, I am fucking tarded

>>49732542
Asians are often lactose intolerant

>>49732419
The Man in the Iron Mask (1998) is such a kino flick, one of my favorites.

>>49732478
>only use 1 roll a day?
i sometime use dollars instead, it's way cheaper

>>49732562

hmm

what do you call this pattern bros?

>>49732535
it was a joke

>>49732477
I think he's saying that you could buy a straddle (delta neutral) on the SP 500. But it would be retarded to have your calls in SPY, and your puts in VOO. Then again I've been drinking.

>>49732573
Just bookmark investopedia and read a lot

Interest rates are set by the central bank of a country to determine the baseline lending rates for investment banks, which ripples through the economy. There is also fiscal and monetary policy which affects the value of a currency, which is also used to determine bond yields at monthly auctions.

>>49732543
Did you check the horoscope for next week yet?

>>49732573
Japan was expected to raise its rate to defend the yen. They just signalled shorting the yen is free money still.

>>49732592
kamikasecoin

THE JAPANESE CRAB HAS EMERGED

Do you guys think Japan fucks with forex traders on purpose? Like, as some sort of long term grudge for the Asian financial crisis of 97?

>>49732615
>>49732605
does this mean I am going to be red or green tomorrow

>>49732519
Yes, you could increase dollar delta by just buying more contracts, but then you set yourself for tremendous gamma risk, among other things, as you point out. It's better to just buy a different delta that exposes you less to other greek gangbangs.
>>49732508
Why is she okay with your drinking so much alcohol right in front of her? Does she drink with you?

Ive dated women who get weirded out by how much I drink. Especially because most of them say its weird how sober i seem after having like a whole bottle of wine and a few shots

Nice squeeze baggies

>>49732592
Marge simpson

>>49732590
>>49732592
Problem, gaijin?

>scam wicks in multi trillion dollar forex markets just like crypto derivatives

>>49732602
Volatility arbitrage is exactly what it sounds like, he’s arbitraging specifically the differences in volatility in options between two products trading the same underlying. I.E. VOO call is trading at 20% IV and SPY call is trading at 21% IV. Shit like this is what people program trillion dollar computers to do, because it’s free money

>SOXL

>>49732419
>>49732508
>>49732642
>>49732460
>he needs his wifes approval to get domestic abusively drunk
what a cuck.

what just happened with japan? quick rundown? are they pumping or dumping?

>>49732636
I definitely did not expect this to be honest, with Japan historically making the Yen one of the least inflationary currencies and Japanese being extremely sensitive to Consumer Good hikes this was surprising to me

>>49732592
You know damn well.

>>49732642
Ah I see, so you aim to increase delta by just moving it higher up the ladder so you don’t massively overshoot the other Greeks. More of a balancing act, makes sense.

>>49732630
The great and powerful かに(cunny)

>>49732590
>>49732592
Imagine trading things that are entirely in the hands of governments to create or destroy.

>>49732638
>>49732692
The BoJ whipped out its katana. Victory or death.

>>49732692
they are going BRRRRRRRRRRRRRRRRRRRR

>>49732638
how have you not lost everything already

>>49732608
Based on my horoscope and compatibility, I should buy gold

>>49732638
Depends on your trades :)

>>49732630
GIANT ENEMY CRAB

>>49732675
So you'd long VOO and short SPY in that example? When do you exit the position?

>>49732615

Yen shorts need to be careful. Japan has dollars in reserve. They're just not using them in yet.

The truth is, at their debt level some currency devaluation is necessary as an effective default on debt obligations. Same reason we inflate then lie about CPI: to partially default on social security little by little.

The danger is that you never really know when they're gonna say "ok that's enough" and pivot and use some dollars to slow the depreciation.

what will happen tomorrow?

>>49732642
She doesn't drink and knows better than to tell me what to do. I am the bread winner and she is a domesticated house wife that never steps foot outside the house unless she has a doctor or dental appointment sir. I got so drunk the other night that I tripped over my dog and did a barrel roll while holding my beer but never spilled. She was impressed by that and just laughed.

>>49732716
being an oil baron is suffering

>>49732592
Is this the long prophesied Tokyo Tower Pattern?

>>49732710
Yeah basically. Loading up on a ton of contracts gives you all sorts of unwanted exposures.
It would be easier to balance deltas out by just buying a different delta contract instead of going balls-deep into some wonky low-delta contract

>>49732573
let me try to explain for you and all the non FX traders here
>1) countries buy bonds of other countries. Think of bonds as loans to the government, and if you let them mature the government pays you back. So 1 US bond is a GUARANTEED X% yield when it matures: in 2 years, 10 years, whatever. Currently, it's ~3.5% for US 10 year (which is considered high). The more people that buy bonds, the lower the yield % drops.
>2) Japan has been printing money to buy its own bonds since forever ago. That is known as QE. This keeps the bonds a) expensive and b) REALLY low yield (0.25% is their target). This is meant to CAUSE inflation since they have to print MASSIVE amounts of money to keep buying bonds (10 trillion ￥ in June alone), and keep the yen low for good exports since $1 is now ~134￥
>3) Japan instead of raising fed interest rates (in order to keep the yen from devaluing to FUCK and bring it back to ~$1->100￥, decided to keep them negative (-0.1%) and keep buying its own bonds, essentially printing money
>4) This also means that Japan will keep buying US bonds, which means that the bonds market in the US won't implode, however it accelerates Japan's complete collapse.
>tldr
Japan is harakiri-ing the yen because raising rates will nuke their stock market, and the current status quo benefits the US
>next step
Yen is devalued to shit, Bank of Japan compeltely loses yield control (they can't own EVERY bond, realistically), and it makes MMT and keynesianism (ie government can control the market/currency/inflation) look like the utter trash it always has been

>>49732735
the sun will start to set

>>49732735

low volume crab closing +-.01% and a gap down on Tuesday

>>49731709
It’s holding value better than your SOXL and SPY shitcoins lmao. Just think, you could’ve bought GME at 77 instead of buying the “dip” on SOXL. You faggots are retarded

>>49732698
It's not like they've been avoiding inflation on purpose, I don't think, japs just refuse to take out loans or raise prices. Even now, I've heard that their domestic inflation isn't going all that hard

>>49732710
I like delta. its my favorite airline.
>>49732725
who says I havent?
>>49732726
im long gay monkey sex and spacesuits. so probably fucked.

>>49732630
>>49732711
UOHHHHHHHHHHHHHHHHHHHHH

>>49732726
Yes, you would exit when IV gets closer together, ideally when IV matches each other

>>49732756
Thank you, I did learn something from that. I’ll have to watch my Greeks a little more carefully

>>49732735
Red due to dxy hardening.

>>4973277
???
Or you could have bought SOXS and made money

>>49732592
Your local TA expert has arrived. This looks like a potential 9/11 set up. With some dancing Israeli oscillators. I may need to consult my Alex Jones indicator for more info.

>>49732772
zoom out

>>49732777
>trips

THE SNIBBING HAS BEGUN TO SNAB

>>49732592
microbart

>>49732759
great thanks for that explanation. Can you also tell me why a devalued currency is good for exports a la 'too strong of a dollar' is bad for oil?

>>49732726
>So you'd long VOO and short SPY in that example? When do you exit the position?
In the simplest terms yeah. go long vol on something you consider with underpriced IV, and go short vol on assets with richly priced IV.

In very basic terms .
>>49732782
You didn't learn shit and I know nothing. Im just a moron on /smg/. I think its better if people on /smg/ avoid these complex arb plays.

Because nothing im talking about wrt volatility and options matters unless you can clearly calculate and define your EV or R:R

Is japan QE gonna pump the market tomorrow? I think it will

>>49732592
LE BART

>>49731988
3 months - 10 years, or never.

>>49732817
If I'm selling something for a dollar, and your euro is worth 2x as many dollars tomorrow, you can buy twice as much from me. Thus you'd prefer to buy from exporters with weakening currencies

IS Japan smart or retarded?

>>49732085
>next month
not even the covid crash rallied that fast

>>49732817
>weak currency
you attract investors. Think of all the sweatshops all the US gigacorps open in China. This brings in tax revenue
>too strong dollar
is good for importing, SHIT for exporting. Simple as

>>49732782
>>49732819
How do you determine what the IV is, then? I know you can use Black-Scholes to solve for it, but usually you get some retarded value like 254% for meme companies/expiries. Also, does using IV as a probability for finishing ITM actually work?
And how does IV crush work? I thought it was just the value of a contract shredding on expiry, but that would be due to theta decay with <1 day isnt it?

>>49732819
No I did learn something, I appreciate the walkthrough. I didn’t know when using hedges you should calculate the total exposure over your whole volume.

I’m not going to go arb trade, but it certainly gives me a good base

>>49732592
sageru hayai

>>49731988
SANTA RALLY

What a bunch of sober cucks in /smg/. We could never be friends in real life. If your wife has a say in your drinking habits, your are worse than Michael Jackson, you are fag

>>49732759
The Euro will fail next, yen is just the first domino to fall.

>People selling
I won't have cowards in my thread.

>>49732883
thats what I think too
ECB not raising interest rates was a stupid suicidal decision, Italy isn't worth it (sorry mario bros)

>>49732880
who are you calling a sober cuck. ill have you know im 1/3 of the way through a 1.75L handle of cheap russian vodka

>>49732867
IV is almost like dark matter, imo. It's the stand in measure for how volatile the market thinks something is. There's enough study of it at this point that their calculations of that number are pretty precise, but it's not a hard number like time to expiry, or going price

How should I interpret this?

>>49732935
David Soxl will make enough money to buy a boat?

>>49732935
the one on the right definitely is saying to go long on homosexual monkey sex

>>49732880
I'm already too relaxed on any given day, stimulants are much more fun for me

GAY SEX BROS. ITS OVER THE CDC HAS SOLVED GAY POX. SELL EVERYTHING!!!!

>>49732935
Something to do with boats and a professional team from some indeterminate sport

>>49732893
I won't sell my SQQQ for a few weeks more, dont worry

>>49732867
>Also, does using IV as a probability for finishing ITM actually work?
I can’t comment on the rest, but this I can. IV is just a measure of the range that the options chain implies it could go to, if it spikes it is just as likely the stock will crab back down to nuetral as it will to finish where the new implied volatility is at. The absolute hands down best way to view derivatives are is if they are spot insurance contracts, and IV is your risk as the insurance seller

>>49732759

>This also means that Japan will keep buying US bonds

I see no reason they'd buy. It looks like they've been steadily selling, in fact.

https://ticdata.treasury.gov/Publish/mfh.txt

>>49732935
trading sanctions/possible actual embargo + crashing of diversity

>>49732983
the bonds mature, they keep buying SOME (less than those who mature) to have a steady maturity volume. This is why it looks to go down. If they decided to hike and QT, they would buy less/none

>>49732908
>Rare Russian vodka
>drinks it

Anon, I….

>>49732919
Well that's the thing, you can calculate a range of fair prices for a fixed expiry/strike on a stock, with IV being the only missing variable. Knowing the asset's HV lets you have a snapshot of whether a particular contract is over or under valued, which itself would be a form of market sentiment. I've also heard options described as trading volatility, like nothing else matters. It's interesting to think about.

>>49732975
How does delta and IV compare? Looking at most options chains for unusual volume trades, they tend to express only these greeks

>>49732952
Goddam these GAYSEX BROS posts have no business being so fucking funny

>>49732952
Is GAYSX some hot new mutual fund or something?

goodnight /smg/ bros. see you tomorrow morning for that first cuppa coffe of the day. hopefully we don't wake up to -2% again on SPY

>>49732867
>Also, does using IV as a probability for finishing ITM actually work?
I believe you're thinking of delta. A delta of 20 has a lower chance of expiring in the money versus a delta 80. You can use standard deviations with IV to find the expected trading range.

hello, i mentioned earlier today an acquantice of mine was in a meeting with elon at twitter. i was shown their slack chat during the meeting, and it is the most sickening far left pieces of shit you can imagine. 1800+ comments and every single one of them are against him. i am trying to get intel on what elon talked about, but i can tell you almost their entire policy team is vehemently leftist and anti-elon to the most extremes you can imagine.

>>49732759
Nice, already shorting the Yen well knowing nothing about the Yen
It still won't make up for my UNG losses though

>>49732899
If shitaly was forced to go back to the Lira, it would be an even bigger currency crisis that would force the Iralian govt to default. Germany will have to keep propping up the lazy med monkeys for the forseeable future.

>>49732759
>they can't own EVERY bond, realistically
Yeah, but, like, what if they *did*?

Especially since plenty of bagholders like pensions are required to own some, right?

That's printing, what, ballpark half of 1.5 quadrillion yen for a currency base that's currently like 125 trillion? But most of that money would end up parked in other ultra-safe bonds, not like the sellers would go on some wacky spending spree with the money.

Not sure if bearish or bullish but my stomachs and asshole hurt.

>recession setting in just as I got a pretty good job out of college in a recession proof industry
Feels good to know I'm gonna triple my money in a few years.

>>49731884
SIGA

>>49733014

You are mixing their buying of their bonds with ours. They can keep QE'ing their own, while letting their balance of USTs roll off or even selling some to get dollars. And they if they want to stop the yen/dollar slide they'll want dollars.

It's problematic for many reasons ofc, but they have few good options. Especially if the US doesn't help them out with stabilizing their currency, they will be more inclined to say "well fuck you then" and dump em.

I suspect there's some tense phone calls happening between BoJ and Treasury/Fed.

>>49733051
Oh that makes sense, because delta always ranges from 0 to 1 (or 0 to -1).

>>49733048
I will be bronzing up my ass crack by dawn

>>49733090
>more than one stomach
Sounds like you're a bull. Sorry about the bear market

>>49733071
Because the government isn't in a vacuum, it actually wants other countries to own its bonds too (and it wants to buy other countries' bonds too)
It can't devalue too much, or it will go full Venezuela

Futes mid bruh, no cap. Dis shit aint rly bussin or sussin

>>49733097
You know who is goimg to 10x the money?

>>49733143
Bobo first. Then Mumu.

>>49733047
Its the running joke for anything to do with monkey pax so BVNRY (vaccine) or SIGA (anti-viral)
>>49733046
It's just the perfect encapsulation of the times - a bunch of racist autists screaming about gay sex as they attempt to profit off a completely avoidable disease spread because fags refuse to stop sucking off strangers under overpasses.

>>49733064
I don't work at twitter, but I work at another tech company. I see kinda similar stuff. Everyone is against Elon when this news item gets discussed; they all say "oof" and "yikes", they're all in agreement and they don't even really say why. I'm sure there are people on the other side but we're all afraid to speak up and we're not in HR or in the teams that enforce terms or service.

Bros… why are the markets pumping? My fucking UVXY is going to get slaughtered.

>JPY dead
no change in rates i take it.
oh well, at least we get a pump tomorrow and i get a chance to get cheaper puts

>>49732222
Bro their noses had plastic surgery.

>>49733097
Hello fellow defense contractor. NOC here

>>49731526
>>49728986
>Fox type propaganda.

Nigger. Liberal news is the propaganda.

>>49733173
>perfect encapsulation of the times

We went through this on /pol/ already with hunter biden's laptop

>>49733162
No the fed.

>>49733111
Yep. And that's why it's easy to sell OTM (low delta) options as they have a smaller chance of succeeding (getting ITM before expiration). And then you profit as the seller.

>>49733180
Presumably cos they too want to work 10mins/wk and not get fired.

What the fuck is a feminine penis?

>>49733218
>>49733218
>>49733218
NEW

>>49733210
Well when I was selling CCs on whatever, I'd always just go for something like
>stock cycles between 6-9$
>reaches $8
>sell OTM call for $14 with 45 dte
Mostly I was looking for something that had a decent credit on it.
So if I was writing a credit spread I'd want my short leg to have low delta, and high delta on my long leg, so I don't get exercised... but then how do you make sure the credit received is actually profitable?

>>49733048
Good night fren, sleep tight

>>49731608
Oil bros... not like this

>>49732759
>they can't own EVERY bond, realistically
Bruh don't be so certain
https://www.wealthbriefingasia.com/article.php?id=193322
>The Bank of Japan owns 60 per cent of assets in ETFs and ETPs listed in Japan as at the end of November 2021, according to ETFGI, a research and consultancy firm covering trends in the market.

>>49733205
I for one find it hilarious that after having pictures of his son smoking crack leaked Biden pushes through legislation to give out free crack pipes.
>>49733191
>Not buying puts on UVXY to catch the crash when triple witching ends.
NGMI

>>49733127
They actually want inflation though.

>>49733305
It's not communism if most of your citizens refuse to own stocks or get listed

>>49733305
Yes and then look at this chart

Buy and hold these in the long run

USMJ
PAOG
OMID
ZOM
CBTC

All are potential growth stocks and OMID in particular is poised for big gains!

>>49732172
I HATE this fucking hair type so much.

Why are they THE ONLY ones with it? No other race has hair like that.

>>49733064
send it to Veritas

>>49733173
>a bunch of racist autists screaming about gay sex as they attempt to profit off a completely avoidable disease spread because fags refuse to stop sucking off strangers under overpasses.
Unbelievably based