wouldnt bother if i was you!

volatility is always underpriced because bankers are paid to sell it and take immediate bonuses, then when it goes wrong they don't pick up the bill. going long vol has a massive negative carry, so silly. you will pay big spreads to do it. can only think that selling covered calls or outright punts on deep OTM options where you can afford to drop your conkers and not give a flying fuk could be profitable. but you need deep pockets. you are basically saying that you will bet on 10-1 shots which should actually be 8-1 shots and can afford to ride the losses.

Posted By: fal5taff on July 22nd 2013 at 14:26:54

Message Thread

Whilst we're on the topic of non-football stuff (pre-season and all) (General Chat) - essexcanaryOTBC, Jul 22, 13:35:24
- wouldnt bother if i was you! (General Chat) - fal5taff, Jul 22, 14:26:54
  - good point (General Chat) - essexcanaryOTBC, Jul 22, 20:05:09
- You're hopefully not serious, are you? (n/m) (General Chat) - Johnny Comecardiff, Jul 22, 13:40:14
  - why?? (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 13:44:50
    - Because its a great way to lose lots of money very quickly (n/m) (General Chat) - Old Git, Jul 22, 13:51:44
      - or the converse (General Chat) - essexcanaryOTBC, Jul 22, 13:56:42
    - Unless you're a genius (or outstandingly lucky), you're about to lose a substantial amount (General Chat) - Johnny Comecardiff, Jul 22, 13:49:00
      - Options aren't as risky as some makeout tbh (General Chat) - essexcanaryOTBC, Jul 22, 13:54:38
        
        Just for clarity (General Chat) - Johnny Comecardiff, Jul 22, 13:57:59
        
        They also ignored the following (General Chat) - essexcanaryOTBC, Jul 22, 14:18:11
        
        *guys not keys (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 14:19:03
        
        haha yeah I know it's a flawed model with flawed assumptions (General Chat) - essexcanaryOTBC, Jul 22, 14:01:08
        
        No model is a replacement for using market experience and common sense (General Chat) - essexcanaryOTBC, Jul 22, 14:02:17
        
        So, in conclusion, you think that you're genius enough (General Chat) - Johnny Comecardiff, Jul 22, 14:04:42
        
        I'm not saying I have the experience yet (General Chat) - essexcanaryOTBC, Jul 22, 14:08:55
        
        *their (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 13:55:05
  - I actually was tbh (General Chat) - essexcanaryOTBC, Jul 22, 13:41:08
- Go down the bookies and stick all your money on the virtual horses. (General Chat) - tudders, Jul 22, 13:38:06
  - haha (General Chat) - essexcanaryOTBC, Jul 22, 13:40:31
- Who's the guy tipped gold on here a while back? (General Chat) - Old Git, Jul 22, 13:37:12
  - me, gold and tin. (General Chat) - I Am Hoot, Jul 22, 17:55:07
    - Tin? (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 20:05:22
  - Me! (n/m) (General Chat) - South_West_Canary, Jul 22, 14:24:47
    - You sure gold's not just having a temporary bounce (i.e. correction) though? (General Chat) - essexcanaryOTBC, Jul 22, 20:06:00
  - Not me! (n/m) (General Chat) - duke of york, Jul 22, 13:45:32
    - haha (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 13:45:55
- Buy gold (n/m) (General Chat) - duke of york, Jul 22, 13:36:42
  - This ^ (n/m) (General Chat) - South_West_Canary, Jul 22, 14:25:55
  - Is that your gut feeling (General Chat) - essexcanaryOTBC, Jul 22, 13:39:37
    - i trade almost exclusively in options these days, makes sense in the current climate (General Chat) - Tombs, Jul 22, 13:50:06
      - maybe (General Chat) - essexcanaryOTBC, Jul 22, 13:56:04
  - ^^ him ^^ (n/m) (General Chat) - Old Git, Jul 22, 13:37:39
    - haha thx (n/m) (General Chat) - essexcanaryOTBC, Jul 22, 13:38:18

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