sec2100
發表於 2018-11-18 18:23:23
他應該是賣天然氣期貨的Call被抬出去的,請看天然氣可怕的漲幅。
sec2100
發表於 2018-11-18 18:31:45
Can't believe. This guy's been doing options for 20 years since 1999. He's a regular contributor on Marketwatch telling people why options on crude has never failed investors. And he's a regular contributor to CNN, Wall Street Journal, CNBC, etc. And he has published his book year after year "Complete Guide to Option Selling" on sale on amazon.ca. How can he not know the potentially unlimited risk of naked short options??!!!
sec2100
發表於 2018-11-18 18:32:54
He basically went all-in, fully leveraged on a naked short call on CL futures and got into a "short squeeze" due to a rogue wave and it was apparently so intense so fast that it wiped their entire fund and got margin-called by their broker so now not only he lost every single penny of all of 290 of his clients, his clients now even owe money to the broker of hedge fund.
sec2100
發表於 2018-11-18 18:34:30
It is not about big brains. It is about arrogance. Stay humble no matter how good you are. Arrogance can kill you financially.
半杯水
發表於 2018-11-18 20:00:38
It is not about big brains. It is about arrogance. Stay humble no matter how good you are. Arrogance can kill you financially.
Extremely well said.
我相信他一定認為,會出現那種幾乎不可能出現的走勢機率只有 0.000001%,所以重押所有的資金簡直就是 easy money to rip big bucks。如果真被他押過關了,接下來又是上節目,大肆宣揚, "Look how well my fund is doing and why it is so good to invest in my fund."
只可惜,策略中的死門,no matter how small it is, 只要被壓中了,必死無疑。
sec2100
發表於 2018-11-18 20:02:39
半杯水 發表於 2018-11-18 20:00
Extremely well said.
我相信他一定認為,會出現那種幾乎不可能出現的走勢機率只有 0.000001%,所以重押 ...
謝謝半杯水提示。
所有成功的賣方,都不會出書。書書必是必死的前兆。
但很多不出書的賣方基金,也倒了。
所以,賣方只要做的跟說的不一樣,十年內炸毀的機率很高。
半杯水
發表於 2018-11-19 11:02:15
本帖最後由 半杯水 於 2018-11-19 11:06 編輯
https://www.youtube.com/watch?v=WTFBmGA2kjE
原始檔案應該是被拉掉了,不過有個長期留意他的人,做了個簡單的 documentary type of video.
And this video got some very good points.
"Always consider the worst case scenario."
sec2100
發表於 2018-11-19 12:10:35
半杯水 發表於 2018-11-19 11:02
https://www.youtube.com/watch?v=WTFBmGA2kjE
原始檔案應該是被拉掉了,不過有個長期留意他的人,做了個 ...
原連結拿掉了。
以下是關於天然氣期貨的緊急狀況報導:
https://www.ft.com/content/589157d8-e8ea-11e8-885c-e64da4c0f981
sec2100
發表於 2018-11-19 13:54:33
http://www.optiontradinglaw.com/
sec2100
發表於 2018-11-19 13:55:55
半杯水 發表於 2018-11-19 11:02
https://www.youtube.com/watch?v=WTFBmGA2kjE
原始檔案應該是被拉掉了,不過有個長期留意他的人,做了個 ...
半杯水,謝謝關注。
賣方很不適合幫別人代操,十個有九個掛掉。