Recent content by HoodTrader

1. depends how you define ATM. If they are forward ATM strikes then 0. 2. as interest rate goes up, forward price goes up, i.e. call price goes up

It's always the bloody Greeks isn't it! Always f*** everyman's dream up LOL

Market making, high volumes, high volatility... make spread = beautiful!

Your first year minimum is this much, other than that I can not comment. I dont have any experience with Tibra to add either. Yes banks pay more initially, but the opportunity to earn is just as high over a career, if not more at Optiver. It is much harder to get a job in a bank and their...

By looking at the entire package I was offered I valued it at around 62k a year so I guess it is pretty much in line

You have an interview with the HR woman and then 2 traders which will be at the same time. The HR woman asks you about yourself and why you want to be trader/ at optiver. The traders ask you more about yourself and about some other things, maybe a market news, they asked me about greeks but...

Depending on what trading job you are interviewing for? If its for a specific product then obv learn about that, i.e. if you want to be a derivatives trader then read Hull, but I would suggest to you reading something specific/complicated is not necessary. The worst question I got asked was...

1. The ban on shorting helps one thing not another, perhaps it prevents certan stocks from being attacked. No doubt we would still have a Lehman, HBOS and Merrill if it had been done earlier - which equates to 40000 jobs in UK alone - so the widespread effect on the economy is there to be seen...

Word in the banks is that optiver will benefit from the current short selling rule because the normal shorting they do (to delta hedge) has been permitted, however the normal shorting other firms/banks etc. do (for example outright shorts, or long/short trades) have been banned. Therefore these...

on the Australian Securities and Investments Commision Site: Australian Securities and Investments Commission - 08-204 Naked short selling not permitted and covered short selling to be disclosed tells you the ban is only on naked shorts and naked shorts are defined :)

Read the small print... All the bans are on NAKED short selling!! It means if you are hedging then its fine..

I guess it depends on the size of the unfair advantage gained... and whos proved liable. You are right in these markets its best to have an offer. And an offer from optiver is better than one from some of the what you would describe a large corporates like Lehman. I feel for the grads who...

If it makes you feel any better a job offer might not be worth anything.. if they get fined for market manipulation then they could suffer severely!

In the words of the optiver recruiter - my perfect trader will get 53/53 in the time rather than 79/80. :)

What is the correlation between tension adn swiss franc, is there an explanation behind this? Or is it just one of those things?