Matches for from:mjr, 5343 total results Sorted by newest | relevance
Mon Jul 08 14:27:01 UTC 2013 <mjr_> i miss smickles
Mon Jul 08 14:26:59 UTC 2013 <mjr_> i think he did
Mon Jul 08 14:26:57 UTC 2013 <mjr_> and at the end of the day, what matters is where you put your money
Mon Jul 08 14:26:42 UTC 2013 <mjr_> and i don't claim to know better than him, by any means, i haven't written a lot of options and he has
Mon Jul 08 14:25:54 UTC 2013 <mjr_> but he has a good model in place to avoid insolvency, but not to avoid loss
Mon Jul 08 14:25:39 UTC 2013 <mjr_> if you told them that the vol was over 100, they would consider it suicidal (probably)
Mon Jul 08 14:25:13 UTC 2013 <mjr_> well, if you ask anyone, "what is the riskiest thing you can do in finance?" i think they would say write options without a hedge
Mon Jul 08 14:24:47 UTC 2013 <mjr_> lol
Mon Jul 08 14:24:23 UTC 2013 <mjr_> but i have no compunction about hedging
Mon Jul 08 14:24:09 UTC 2013 <mjr_> and that is great, and actually a public service
Mon Jul 08 14:23:57 UTC 2013 <mjr_> so he has decided to be that someone
Mon Jul 08 14:23:47 UTC 2013 <mjr_> You can't pull yourself up by your breeches and for the very same reason you can't have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone
Mon Jul 08 14:22:42 UTC 2013 <mjr_> which:
Mon Jul 08 14:22:39 UTC 2013 <mjr_> if you aren't hedged
Mon Jul 08 14:22:32 UTC 2013 <mjr_> but i agree with the second point
Mon Jul 08 14:22:14 UTC 2013 <mjr_> but i agree
Mon Jul 08 14:22:06 UTC 2013 <mjr_> and he did pay divs
Mon Jul 08 14:22:01 UTC 2013 <mjr_> his stock is at an all time high right now if i remember correctly
Mon Jul 08 14:21:41 UTC 2013 <mjr_> well...wrong needs to be defined in this context
Mon Jul 08 14:20:22 UTC 2013 <mjr_> i mean, i think the only reason (per trilema) that mp hasn't moved it, is due to the fact no one has jumped into the middle