hntrader

47 ms·

421.
by hntrader 6y ago
Isn't UPRO just a leveraged SPY. Seems different to the above option selling strategy
422.
by hntrader 6y ago
That gives me a good intuitive picture. I'd really love a basic online simulator where I can plug in portfolio characteristics (eg percent of calls Vs puts, ATM Vs OTM) and simulate an equity curve over the last ten years. I could buil
423.
by hntrader 6y ago
Rock throwing is a traditional hunting technique used by Aboriginal Australians. Think about the scale economies. You have a tribe of 10 individuals all throwing rocks at a single being without having to close distance and risk injury. It a
424.
by hntrader 6y ago
I get your point on the definitional nuance, but why don't we have a fallacy for people who assume that something won't happen? Or is this also an instance of the slippery slope fallacy - asserting that A necessarily leads to NO
425.
by hntrader 6y ago
The slippery slope fallacy (which I see made the list) is often abused in discourse to argue against anyone proposing that A could plausibly lead to B, even if the person thinks there's a fairly low probability of it playing out. I wou
426.
by hntrader 6y ago
What does the tail risk look like on this strategy and what kind of annual return do you expect?
427.
by hntrader 6y ago
I meant annual comp, but yes that's a good step
428.
by hntrader 6y ago
I think it was also a law of large numbers game. With teamwork we'd all be throwing rocks simultaneously at the same target. Also the practice component that the other poster mentioned
429.
by hntrader 6y ago
The part about synergy between faculties is accurate. Having strong pure math academics helps out the various applied math departments in indirect ways that I've seen. This is a shame. Pure math is a discipline with the most out of wha
430.
by hntrader 6y ago
So what if vaccine makers and distributors make a few billion in profits in return for saving the world from economic ruin and millions of deaths (and I'm not talking about the specific company in the OP). Let's pick a more deserv
431.
by hntrader 6y ago
What are non-custodial securities, doesn't someone need to hold custody?
432.
by hntrader 6y ago
This might have evolved in order to throw rocks, which was apparently one of our most important hunting and defence adaptations about 2M years ago after we migrated out of the forests.
433.
by hntrader 6y ago
This is motivated reasoning on his part. If the question at hand is "is the world getting better?", then excluding China makes no sense in the pursuit of answering that question. It's also ridiculous for him to say that China
434.
by hntrader 6y ago
Long short funds having to sell longs to cover losses on their shorts
435.
by hntrader 6y ago
I think this whole episode might cause the next market sell-off: (1) fund degrossing as the initial driver - already happening (2) everyone is being reminded of 99/00 mania (3) uncertain regulatory environment surrounding trading (4) w
436.
by hntrader 6y ago
Excluding China is motivated reasoning - and even doing so still shows the opposite conclusion to the one he's clearly desperate to validate. What if I excluded Venezuela or North Korea in order to boost the conclusion that I've d
437.
by hntrader 6y ago
Yeah, it's more attractive to short it compared to 2 weeks ago, but consider: (1) Price is determined by supply and demand, not one person's evaluation/perception of value. DOGEUSD was useless 3 months ago and is still useles
438.
by hntrader 6y ago
Jason Hinkel's article raises some good points but is hardly a valid rebuttal. It's extremely weak. I'm still firmly on the side of Pinker's narrative, which clearly fits the data far better. (1) Hinkel falsely concludes
439.
by hntrader 6y ago
The tweet is fine and I'm sure many hedge funds and prop firms shorted the initial catalyst. What I'm referring to is the "short ladder" hypothesis mentioned in the parent post which was originally spread on WSB that Jus
440.
by hntrader 6y ago
I think the timescales thing you mention is important when interpreting articles like this. The only quant strategies that are sucking are the long horizon, scalable ones available to public funding, which get articles written about them. S
441.
by hntrader 6y ago
This is a conspiracy theory spread on social media. Shorting after it has dropped so much already is an unprofitable strategy. These are cascading liquidations and the valid strategy is to go long when the liquidations stop and you get a re
442.
by hntrader 6y ago
It's not comparable. RH stopped people turning cash into GME, worst case is they've missed out on a pump and dump but their wealth is still in tact. If they stopped people turning GME into cash, then (1) this does nothing to help
443.
by hntrader 6y ago
Which one should I read first? I read Taleb's critique, who comes off as a raving lunatic in this context, and Gladwell who must have some axe to grind since he doesn't actually address the concrete metrics that Pinker brings up.
444.
by hntrader 6y ago
Read Steven Pinker's works. Things have been improving according to any meaningful definition of that word.
445.
by hntrader 6y ago
Yeah I think my point is more that the outrage is not proportional. Other brokers did the same thing and aren't in the spotlight at all.
446.
by hntrader 6y ago
What about all the other retail brokerages that did the same thing?
447.
by hntrader 6y ago
This will be the main mechanism positively correlating BTC price with Coinbase's stock price. The correlation will be weaker than that with MARA and RIOT though.
448.
by hntrader 6y ago
After a new listing, retail can buy at the same instant as institutions, as long as the retail broker allows it, and many do.
449.
by hntrader 6y ago
Exactly. I think gold is worthless because it's just a lump of metal that doesn't do anything useful. But apparently there's enough people that like shiny metal and therefore it's worth a lot. GME might just be an aesthe
450.
by hntrader 6y ago
It could've been one of the many trading desks inside Citadel who saw the news early, through publicly available sources (e.g. the RH website), and put on a short position within a few seconds. So the story about Citadel shorting the t

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