Reddit Posts
Celibacy Vs Condoms: The Answer To Whether You Should Trade Options
Hot Stocks: PATH, SIG, PD rises on earnings; INTC, QCOM, SWKS gains, FRC, HALO, ESPR slide
Winning at Options Trading: Lessons From Playing Poker
Winning at Options Trading: Lessons From Playing Poker
Sitka Gold Corp ... Yukon Gold Explorer ... Closed Today at 52 Week High on No News ......
Who Owns most short position On CGC and TLRY?!!
My big (kinda) and risky bet on FootLocker ($FL)
$SIG just had a data breach identical to their 2018 breach
Citadel Securities is a Financial Crimes Syndicate
Citadel Securities is a Financial Crimes Syndicate
$GHAC - Z Capital’s Affinity Gaming, Sports Info Group Plan to Merge, Valued at $1.3b
WISH Institutional Share Increase with Open Puts.
$WISH supernova explosion (13x increase bagholder, NOT ME)
$WISH a diamond in rough (13x increase bagholder)
$SSSS Sutter Rock Capital - VC investing for common man
(Shared from another post on AMCStock) CAST YOUR COMMENTS FOR RULE 801 🚀🚀🚀
My $SIG story: big gains, yet still trading at only x3 of Free Cash Flow
Luxury Stocks in Focus as Spending Booms (SIG, SKDI, TPR)
Luxury Goods Retailers Take Flight (SIG, LVMUY, SKDI, TPR)
Mentions
I swing trade the same tickers, always scribbling new strategies around EMAs SMAs and MACD after I stopped using the 9SIG - since im planning on using my funds later this year. Kind of developed my own bastard version but always tinkering. I'd be interested in knowing yours if you're opened to sharing since you're successful under the same tickers!
Brother you are missing something fundamental it seems like. You are trying to predict where IV will be (which is what your GARCH model seems to be doing) or describing if IV is expensive compared to its historical past. It is about having a view on whether volatility implied in the options today have a chance to exceed the subsequent realized volatility. That is the name of the game with options. And essentially it is the variance risk premium analysis. You start to see many ex pro traders working at reputable places talking about it in a much more eloquent way than me. You should check Ksander from Sharpe Two: he has a background in ML and ex trader, and he predicts exactly this. It feels the closest to what people would do at a firm. It is inaccessible to most retails traders because we do not have the data and the infrastructure he has built overtime, but he put all his trade in his substack and his option analytics platform is great and super convenient. Same idea with Kris from Moontower, although I feel like Kris is a little less practical from a trading standpoint. In any case, stay far far far away from technical analysis when trading options, your intuition is right: no one ever got paid big bucks at SIG or Citadel for the chart pattern abilities. But for advanced quantitative skills...? That's why they win so often at the first place.
You can’t claim complicated strategies don’t exist just because you haven’t seen them, especially in this industry. The moment such strategies are released to the public they stop working. (Technically this is not entirely true, but for the sake of simplicity let’s say a large portion of strategies decay like that.) Literally everyone who knows a strategy that is currently reliably profitable has signed a non-disclosure. If you’re that curious, get a job as an analyst at an options trading firm. It doesn’t even need to be JS or CitSec, any major one will do: SIG, Optiver, IMC, Akuna, DRW, Flow Traders, hell, even a bank like Morgan Stanley’s options desk will do. Then come back and tell us if you still think the strategy is “sophomoric.”
If you are interested into vol strategies, there are now a few software out there targeting retail traders and get close to what you find quant traders use. I have tested all of the one below and will give you my honest opinion: \- UnusualWhales: Great idea when it came out, but it is impossible to make money out of that thing. I would stay clear if you actually look for edge, but they have nice viz and sometimes it's nice to spend a friday afternoon looking for weird flows on obscure tickers. \- Spotgamma: this one is one I don't believe why it is so popular. Purely focus on directional trading and more specifically 0dte. They have supposedly some prop measures to compute dealer exposure, but when you talk with pros and do your due diligence a little, they all tell you the same thing: this is a fantasy and the market doesn't work like this. Unless you trade billions and work as a flow trader, there is no edge for a retail trader here. But again, nice app, great content. One last thing: do not ask annoying question about showing edge and profitability over time, you will get banned. \- Moontower ai: great tool from Kris who has been writing so much about vol trading over the years. He has worked at SIG for many years and knows what he is doing. He is focused on vol strategies, particularly the VRP. Now, my honest take is his tool is confusing and if you do not have his level of expertise, you are still left "guessing" or using your own experience to find what is the best trade. \- Sharpe two: amazing tool by Ksander. He uses ML to score where you should short or long vol on many tickers. And ... well it works. The guy has a background in trading and ML and ... it shows: he writes on substack and hasn't had a losing trades in 6 months. The tool is easy to use once you understand the concept of probabilities. What I love is the model output the reason why it makes a prediction which is very handy to keep learning and not just follow a black box. The downside: it requires some reframing of how you think trading. He doesn't do directional trading at all and is almost exclusively in ETFs. Def worth checking. I'll finish with Predicting Alpha who wishes they were what Moontower and Sharpe Two is. Except ... they are not. I lost a lot of money with them because their data were not accurate, but also they do not have a trading background. And how much Sean can be a nice guy, when shit hits the fan, you want to be in the community of someone who knows what he is doing. That's why I prefer Kris and Ksander's stuff: I learn a ton with Kris, I make money with Ksander.
It is realistic but not with the strategy like the wheel or leap or whatever. You need some real quant tooling and these are getting more accessible to the common man like us, brother. Focus on what is mispriced and often that is implied volatility. I have learnt a ton from the Trade anatomy Series of Sharpe Two, you should definitely have a look at this. It is directional neutral, probabilistic based and the first resources I have found which blend what is accessible to retail with what peeps must do on a real trading desk (although I never been on one). He has had an amazing streak this year and his performance review is quite informative. The main problem with Sharpe Two is theory is not often explained, he jumps straight into the trading. While it is fine, if you want to get deeper in the mechanics, that is not enough. So I found Moontower and Kris to be a great complement. Kris doesnt have a course but that is the closest of what you would get when joining a firm (he worked at SIG for a while). For free by the way. These two are the only thing that are exceptional content value regarding option trading, far from the youtube gurus or the nonsense you read to often in here. PS: Stay away from Predicting Alpha, complete waste of time, I'm not sure these guys ever knew what they were doing. They are revamping into a complete quant platform but never managed to make any decent money just with options. They do not have real quant experience and ... over the long run, it does show.
SIG26 has >100K long open intrest, the SOG6 has 40K calls and 20K puts on it, most of them are ITM. But in nearly all cases options are not held into expriation, they might be exceuted at some DTE and then... profit taking? Take delivery? Roll over? Noone knows but in case where the CME is the counterpart in the trade the CME has to hedge. The 32 DTE would be very intersting because noone of the other option codes had such a high open interest right now.
Gold, silver, diamonds jewellery. Investing id FINALLY a treasure hunt again. SIG back to a 100 soon! (Hopefully...)
Yeah I feel your pain. The thing is I, many years ago, interned at CSFB with the investment banking department, private equity snooze fest, and the gunslingers at the trading desk. And for a while, once I got back to Florida, I worked at 1858 Capital. Plainly, those are not the powerhouse MMs we have today, but I got to know a few guys over at Tower and I dated a beautiful Brazilian lady who was one of the best derivatives analysts I’ve ever seen over a SIG and even back then the MMs didn’t trouble themselves with random assignment. That duty, for atleast the last 20 years, has been pawned off on the brokers, no matter their MM status, as some brokers are and some arent. So basically what I was told is that assignment is a “gray area” that nobody oversees, Or wants to. So brokers for years just got into the habit of assigning every option that was exercised, and even some that were specifically DNEd. That to me is where it goes beyond shady and straight into illegal activity. Nobody is watching so they assign roughly 35% more contracts than they should due to DNEs. No harm no foul on their end so it becomes industry standard. Now as time passes, greedy unethical management at these brokers realizes that if we assign contracts that are on the books but are DNEd , the buyer doesn’t expect to receive shares and the seller can only assume that the assignment is legit and once the shares are removed from the sellers account nobody has to be the wiser that the broker kept the shares. A quick deposit into and reversal out of the exercise account of the shares and it looks as though all is as it should be. But you got fucked and nobody has the faintest idea about what you are doing. Easy money.
Alright, regarding DFLI. Who noticed market manipulation and who's holding it? Just to clarify. After Hype and offering mcap stucked at 150, dropped all the way to 138, at the price of 1,23-1,26. Right now it stands at the price of 1.13 with mcap of 142. only 20% of the volume goes through the official exchanges, rest is darkpool. Shorts do cover right after significant drop at 1.05 ish, to avoid non compliance. Shorts are at 40% of daily volume. So essentially, someone increased liquidity at a lower price, making it easier for the stock to go up and would earn way more profit than it could've. I doubt there would be a so called short squeeze as everyone suspected before. The guess is that SIG is trying to manipulate the market through subsidiary of subsidiary (CVI capital) - the largest holder. SIG had a history of manipulation and was taken to court, but the case was settled.
was right about the weird spread on SIG 1/16 50P. Made 20% despite the price going up from when I purchased the options. Picked up 40 contracts at .45 . Think i'm gonna hold em for a bit. Price of GLD and silent recession can't be good for mall jewelers.
Someone has made a mistake in 1/16/26 $50 SIG puts. Go look at the pricing compared tk the rest of the spread. Youre welcome
What is the exposure of a company like SIG to the process of gold?
SIG smooth. Love me Glock 22 tho. 40 cal.
Beiersdorf, London Stock Exchange, Diageo, UPS, SIG Group...
There's a website called Moontower from a former trader from SIG that does this style of trading for retail. Pretty much mostly with ETP's [Moontower - Options Analytics with a point of view](https://www.moontower.ai/)
Why would you sell calls on one pf the best companies of this generation. You could literally pick any shitty company and make easy money. LULU, PAYPAL, FORD, SIG pick any bro. But you decided to pick Google. Wtf!
Didn't do GEG but I had the same rationale for it as SIG and and C3is (SIGG). Depressed sentiment and the potential for a surprise. You kind of have to have a couple of them on to catch any of them. Thanks on ANTE, ZEPP, and SOGP - will check them out.
SIG ceo really showed a replica Taylor Swift engagement ring on mad money. Can be bought for 100k
I mean, I think SIG is going down in the long term no matter what. I don't trade based on short interest except to verify whether some parabolic move is for material reasons or if it's just a squeeze. Highly liquid, non meme stocks generally don't squeeze anyway though. If a big name has high short interest (HIMS for example), it's usually for a good reason. Wednesday and Thursday have a lot more going on earnings wise. I'm curious how PSNY does on Wednesday for some reason
Probably agree with you on all of them. SIG - the time to get in for sure was earlier this year. I'm reacting I think mostly to the reasonably high short interest (9 days, 15% of float), as well as the CEO and others buying back in March/April (of course the stock was closer to $60 then versus almost $90 today) ASO - yeah, somewhat on the fence here but would rather be long than short. For sure they have uneven execution and the valuation and trading performance reflect this
SIG (and BRLT which is in the same industry) have been on a tear since hitting bottom. Not sure if there's as much potential upside as there is downside at this point. ASO is interesting. But regarding earnings, they've had double digit % EPS misses for 4 out of the last 6 quarters. Of the other 2, one was in-line and the other was a mid single digit % EPS beat. NIO is a good short. All the other Chinese EV stocks have had big pullbacks. Could be a good mean reversion play. I'm long HQY, but it's a very small position atm. If it tanks to $75, I'd actually like to load up on **more** shares. ZS has some competition with NET and PANW. Tbh I have no informed opinion, but at least PANW is cash flow positive.
For tomorrow, what do folks think of this? Earnings before the open: \* C3is Inc (CISS) - I am long, it's a highly diluted and questionable story (microcap shipping fleet), but the sentiment is awful and high short interest \* Signet Jewelers Ltd (SIG) - similarly long given terribly sentiment for this jewelry retailer. There's been some recent insider buying \* Academy Sports and Outdoors, Inc. (ASO) - long again given modest valuation, decent macro backdrop and high short interest \* NIO Inc. (NIO) - no clear read but I'd be short given the overly-done retail enthusiasm and weak overall operating environment Earnings after the close \* HealthEquity, Inc. (HQY) - overall would be long but no position \* Zscaler, Inc. (ZS) - I would have a small short position give how positive sentiment has been \* Great Elm Group, Inc. (GEG) - long given a weird set up but overall sitting out
In terms of earnings... Earnings before the open: \* C3is Inc (CISS) - I am long, it's a highly diluted and questionable story (microcap shipping fleet), but the sentiment is awful and high short interest \* Signet Jewelers Ltd (SIG) - similarly long given terribly sentiment for this jewelry retailer. There's been some recent insider buying \* Academy Sports and Outdoors, Inc. (ASO) - long again given modest valuation, decent macro backdrop and high short interest \* NIO Inc. (NIO) - no clear read but I'd be short given the overly-done retail enthusiasm and weak overall operating environment Earnings after the close \* HealthEquity, Inc. (HQY) - overall would be long but no position \* Zscaler, Inc. (ZS) - I would have a small short position give how positive sentiment has been \* Great Elm Group, Inc. (GEG) - long given a weird set up but overall sitting out
to the first question, you have to learn how to read trendlines and indicators for your entries and exits, focus on learning what RSI, VWAP, MACD and SIG are and how the affect your position. second question, 0dtes are very very risky because of the theta decay. if you're hot and heavy to be in and out quickly, i recommend buying weekly throws, like 3-4DTE positions. i personally like this method because if i don't end up selling the first day, i have a day or two to find a good exit. i exclusively swing trade qqq, sometimes scalp depending on the market. and i never full port into one single position, this was a mistake i had to learn the hard way. for example, if you have 1000$ in your portfolio, dropping 800$ on an 0dte is a fast way to destroy it all. yes you can get lucky and double it but the risk far outweighs the potential award, and that point you are gambling. don't rush into anything. do research on the tickers you choose, zoom out and look for patterns in movement and price action , pay attention to the news obsessively, i cannot tell you how many times i lost money simply because i wasn't paying attention to the news and macroeconomics. be patient and go slowly
Taylor Swift's "economic superpower" is extending to her fiancé, Travis Kelce, with stocks reacting to their engagement announcement. Signet (jewelry) rose 4%, and American Eagle jumped nearly 9% after announcing a collaboration with Kelce's brand, Tru Kolors. Even Ralph Lauren saw a bump as the dress Swift wore in engagement photos sold out. In the short term, American Eagle ($AEO), Signet ($SIG), and Ralph Lauren ($RL) warrant attention; however, these opportunities are likely short-lived, with long-term value dependent on company fundamentals rather than celebrity buzz.
CNBC, a new division of TMZ: [Taylor Swift engagement: Businesses, markets respond to post with Travis Kelce](https://www.cnbc.com/2025/08/27/taylor-swift-travis-kelce-enagagement-business-prediction-markets.html) Actually from the article, "[Signet Jewelers](https://www.cnbc.com/quotes/SIG/), one of few publicly traded jewelry companies on major exchanges, jumped more than 6% on Wednesday. That builds on gain of around 3% in Tuesday’s session, which included a pop directly following Swift and Kelce’s afternoon post."
CNBC mentioned SIG because of the Swift engagement. Maybe DD guy is on to something
Taylor Swift's engagement is a Black Swan event. $SIG $BRLT Why should we care about a pop star getting engaged to a football star? Even if you don't care about Taylor Swift, millions upon millions of fans do. Trends follow her movements. Big Swift moments clearly move behavior: Travis Kelce jersey sales jumped 400% when they started dating, voter registration jumped when she told her fans to go vote. And engagement/marriage news moves behavior more than other events - the 2010 royal engagement overwhelmed jewelers with orders for similar sapphire rings. TSwift's fan base has millions of single women who will feel the pull towards engagement seeing their favorite parasocial bestie with a rock on her finger. They'll want their boyfriends to pop the question, or start dating seriously to marry as soon as possible so they can share a wedding year with Taylor. What does this mean for the markets? It's coming up on peak proposal season in the U.S. in the fall and winter - 37% of engagements happen between November through February, with the most happening in December in time for Christmas. That gives fans a few months to get everything in place, buy a ring, and pop the question. I'm predicting a Taylor engagement bump this year of anywhere between 5-8% over expected. With around 2 million engagements and marriages each year, that translates to 100-160,000 extra engagement rings sold, with the bulk of the excess happening between now and the end of the year. My predictions are for $SIG (Signet, owns Kay, Zales, Jared, Blue Nile) and $BRLT (Brilliant Earth, online engagement rings) to strongly beat Q4 consensus. Throw in LVMH for good measure since they own Tiffany and Moet champagne. Personal holdings: just bought BRLT $2.5 calls 9/19, SIG $140 calls 1/26, plus 150 shares of BRLT at $2.18 and 10 shares of SIG at $86.88.
https://notion.moontowermeta.com/the-mad-straddle Nice intuitive article. Guy who wrote the article worked for place called SIG. One of the best option market makers.
what could it mean for a firm like SIG to pick me up on an options bid/ask 🤔
How effective were the F-15 aircraft? One of the “hits” was where an SIG29 Russian aircraft was at 500 feet until they got locked on. Then dove straight down and pulled up at 13Gs practically tearing the plane apart. Yes they crashed
is this stupid? USA is doing warrish shit, and theyve also begun switching to the M7 rifle, which is produced by SIG which is cheap right now but if they need to start bumrushing new rifles it'd go up? That or the US just. starts handing out more m4s. Its not like the US has too few guns or something.
Guys cause every single problem in the world. You all fucking suck. You're all single because you suck. I'm only buying women related stocks from now on. ULTA SBUX LULU TGT SG SIG TJX
META CEG SIG DG FERG NVDA CRDO You name it. UNH is ass
SIG lotto puts. Let them cook, fry, and bacon batter
Karoline comes out and is like "Hey everyone, looking good! How's it going? Packed room SIG HEIL SIG HEIL"
Thomas Peterffy (Interactive Brokers) left school in Hungary to go to the United States, and Jeff Yass (SIG) went to Binghamton. Obviously most of the wealthiest people in finance will have attended top universities, but there’s certainly exceptions.
Hi, I worked at Cboe previously and am now at a market maker. When you press send on an SPX order it gets sent to your broker who routes it to a floor broker typically either XFA or Lakeshore then it gets executed on the pit where a counter party like Optiver or IMC will trade against you and be your market maker. This differs from multi list like SPY or AAPL as those orders will be sold to Citsec or SIG then they will “cross” them and send a paired order to the floor allowing for price improvement. There is no pfof on Index. Fidelity just counts the Cboe fees (I think they get charged 27 cents per contract) into their typical .65 per contract as they do not have a large base that trades SPX. Schwab does so they do not offer it.
SIG, Tower, P72, Citadel, Optiver, CTC, HRT, etc. there are countless prop shops that engage in options trading. What are you actually asking?
So you are “remembering” incorrectly. He did not in fact say “my heart goes out to you” BEFORE he did the 2 Nazi salutes. HE DID IT AFTER HE FULL ON DID 2 SIG HEILS. Maybe to give himself plausible cover. Maybe not. But the order of how those events happened matters a great deal. Especially as others have mentioned that he leaned into it with jokes and more support for German far right (Nazi) parties shortly following and not even a whisper of an apology or trying to say that wasn’t what he intended. So feel free the rewatch the video in full. Fuck Musk, and Fuck Tesler.
Option market making by Baird, it's old but it should help. Moontower blog by Kris Abdelmessih, former mm at SIG.
Because no one here understands mathematics or physics. Jeff Yass at SIG literally just takes the money from everyone on here and you guys just keep happily handing it over to him. Very sad to see.
Ok....well, might as well google this name: Jeff Yass. He's a little Jewish gentleman who is about to take all your money and leave you behind Wendy's doing that routine. SIG (his firm) will take every penny you have if you keep playing this game. I warned you.
[Lessons From The .50 Delta Option | by by Kris Abdelmessih | Medium](https://medium.com/@moontower/lessons-from-the-50-delta-option-7830e7f8059b) Cool blog from a guy who traded for SIG.
No I just rather not invest in a stock that spent last 5 years in the red , better of chucking your money in CBA or a better non run up play SIG. Pharmaceuticals are volatile as fuck as well . You can keep your stock tips bud I'm here to make money
Got dammit its ramen for me dawg. Fuk you SIG, fuk you TD
It took 2 hours but I finally got my 98/105c spread opened on SIG for 2.5 It's probably going to crash
I m trying to buy a 98/105c SIG spread for $250. Go sell it to me, I always loss, thanks
I’ve seen you make this comment on other threads, what they mentioned happened in September was the stock split, not SIG acquiring shares. From the link you posted it clearly states it. They are referring to SMCI The Company’s Quarterly Report on Form 10-Q, filed on May 6, 2024, indicates that there were 585,565,270 Shares outstanding as of April 30, 2024, after giving effect to the Company’s ten-for-one forward split of its issued and outstanding Shares, which became effective on September 30, 2024. This SIG information is new as of 11/14/24
SIG alone manages ~$7 billion and the article states most are in the form of options, so they didn't outright purchase shares. Since the shares are so oversold, this is probably the institutional equivalent of some regard here buying $10k worth of SPY calls.
If Kamala won, SIG, S&W, and others would be at all time highs. God bless 2a🇺🇸🇺🇸🇺🇸
I jabe not put any orders in but this week I am checking out Blink (BLNK) the charging company. Their prices has recently dropped so I want to look into what's going on. I'm looking into Nike because I noticed they drop after school starts and rise before the holidays. I'm looking into Signet jewelry store (SIG). In the past I noticed they drop this time of year and rise until valentines day. There are some others that i started making a list last year that drop this time of year. I thought about back to school shopping and holiday shopping/tax refunds. Now this year, i want to check into resorts/cruises and tourist areas. I check for significant dips over the 5 year stock price, trends in price drops, and why that might be. For the jewelry store, think when is the most recorded time for engagements and how early do people buy them? When do the jewlery stores start pumping discounts? It is not fool proof but it works for me and gives support for my reasoning in the investment.
I like the 19x, Hate my SIG, have and like the M&P 9. I bought multiple 19x though. Funny enough I never liked Glocks until I took some training classes. Fell in love with them after using.
I know I'm not him but the ones that are always thrown out. Euan Sinclair's books for options. He has 3 right now and a 4th is coming out this year I think. You can also start with natenburg first since sinclair has more math involved. After a good base, you can probably go to Colin Bennett's Trading Volatility and another good one is Unperturbed by Volatility. There's honestly a bunch of good options books that you can find online. Those guys at least have institutional experience. For futures, Robert Carvers books are really good. He ran a huge bond portfolio at ManGroup which is a pretty big hedge fund. For the math side of things, Hull's Options, futures, and other derivatives is a college text that you can look at. Also, Carol Alexander has a series of books that are decent too. There's also plenty of different books on amazon that go over the math for derivatives. For quick reads: [Harel Jacobson – Medium](https://medium.com/@volquant) [by Kris Abdelmessih – Medium](https://medium.com/@moontower) Both of those guys are also former pros. I forgot where Harel worked and Kris worked at SIG which is one of the best options firms in the industry probably. Kris also has a data analytics website now and he has a serious that teaches options in some order. Also, Akuna Capital, which is an options market maker. Has a 101 course that anyone can do sign up for. Just google Akuna options 101 and it should pop up on google.
Worked at SIG. Place was a hell home filled with dick lickers. Same shit as this
Yeah, it’s evident you don’t know what PFOF is as it relates to the commission-free business model. These brokerages (robinhood being the biggest example, but also fidelity and schwab and others) send retail option orders to wholesalers (citadel, SIG, Dash, Wolverine), who pay the brokerages a fee to have the right to trade against the retail order flow before it reaches an exchange. IB does not engage in that business practice (at least in the IB Pro offering). They instead route orders directly to exchanges. It’s different.
I tried pretty much everything, but I was also "listening" to my "body and feelings." For example, I started reading about p\[enny stocks, watching videos, and even purchasing a course... but internally, I felt that this was not for me. So I moved on. I tried dividend investing. It was great, but since I am in my 50s, I couldn't afford to wait another 30 years to get enough in dividends. I also didn't like that one day, a solid company reported earnings and tanked 30% overnight because some schmo-hos on Wall Street didn't like the report... I got sick of that, too. So, I abandoned this strategy as well. Then, I landed on options. I never bought options (unless I used them as a hedge). I learned from day one that options must not be traded like equity because they are not. So, buying options like stock with leverage is a loser's game unless you can nail the market's (stock's) direction, magnitude, and time. I sucked in it. I learned technical analysis, and whenever I thought I finally nailed the TA, the market told me otherwise, and I lost money. I also never felt comfortable buying options. So, I was always a seller. As a seller, I wanted to trade options - Iron Condors, strangles, spreads, you name it. But I traded it against equities (stocks or indexes such as SPY but mostly SPX). Expensive, rigid, terrible underlying for trading options. I was undercapitalized, and that is your first ticket to a disaster. If a trade goes against you, you have two options - lose all your money or use a stop loss and lose a little less money. I still have a few bad SPX spreads on my books and am not willing to close those trades because the losses would be big, so I keep rolling them and waiting for an opportunity to get rid of them with less pain. At some point, I got so desperate for trading options that I decided to stop trading them and use only a wheel strategy - selling puts to buy my dividend stocks and, when assigned, selling calls against those positions... It worked... Until a company reported bad earnings or cut the dividend, tanked 30% overnight, and put were in deep shit, so all I could do was let it assign or attempt rolling it (as long as I was not assigned early). In this situation, I couldn't sell calls because they were deep OTM, and selling them ATM or a strike or two above the stock price meant selling below cost basis. I did it a few times, but the stock rapidly recovered, and now I ended with a deep ITM call. It was a nightmare to deal with it. One example I still remember is Signet (SIG). Look at the chart from 2015 to 2016. I bought it in 2014, rode it all up while selling puts, and problems started on the way down during the 2016 drop. Then I saved even more money, took a HELOC loan (and, of course, blew it), and started trading options again... And when I was an inch close to giving up, I came across futures and futures options. This was it. In 2014, I incorporated my trading as a company to save on taxes, and I trade futures full-time. All flaws and inefficiencies of the indexes or equities are gone with futures. They are so incredibly efficient that you must be a total fool to lose money trading options against futures or futures themselves. But it was not an easy path. I read probably all the books I could put my hands on (I have a very large library of eBooks, videos, courses, and physical books, and I read them all). I also got together with some traders on Facebook and Twitter. I subscribed to services about the markets and economy (some are free, some paid, and I still use a few to get a feel for the market and economy). I sit behind a computer every day, and I record my trading (everything about my account and individual trades). I write a journal. I still watch investing and trading videos on YouTube to learn new ideas. This part is not easy. It is a hard work. But once you get your Aha moment, you will live in a paradise...
Sorry about that I got a little overzealous on talking about the LMM status but I can elaborate further. So 90% is high, there are 2 main MM segments in options and equities. In equities it is around 80% is the ones you mentioned although 2sig is the smallest out of those. I would add in G1X (SIG) as the larger one. For options it is more diversified in who is routing these orders and executing. We can look at the form 606 from RH which can give us an idea of who is trading these: [https://cdn.robinhood.com/assets/robinhood/legal/RHF%20SEC%20Rule%20606%20and%20607%20Disclosure.pdf](https://cdn.robinhood.com/assets/robinhood/legal/RHF%20SEC%20Rule%20606%20and%20607%20Disclosure.pdf) Also for all these numbers I am talking retail. MM for institutions is different and some are better than others for that market segment. As for your example you are right they could spin up a model that checks percentage chance of profit and such but I think that is all a mute point just because of the pure capital requirement it would take to push it so hard. The other part is the legal side. This is blatant market manipulation and I am not saying that market makers *never* do this but the one I am at does not. We do not have the size nor the market push. Market makers may sometimes move it maybe a couple dozen cents just based on what they think value is but the amount of money it would take to move it more is way different. This would also have to be done in the equities market, not in options. You mentioned that it is easier to move it in pre and post market but it is hard to keep that price level as the rest of the market will see an inflated or deflated price and they can and will trade against it. MMs are not the only people in the market and especially in equities other HFs will see these moves and bet against it. Say for example there was a stock ticker $ABC with a market cap at $20B and trading at 105@105.05. I would argue a market maker could push that maybe up to $105.5 or down to $104.5 but nothing more than that. And the reason being is whatever MM is pushing that price movement has no information different than the rest of the market on why that move is happening. Other MMs that are trading that equity will call their bluff and start trading against them. On top of that since it is equities we could also imagine quant firms such as DE Shaw or AQR could see this move and call it and also bet against. Especially in the short term there are dozens of HFT firms who make their money in finding inaccurate moves. The way that the market is structured allows for not *no* market manipulation but very very limited. As for the Exchanges seeing a not real move, if a MM firm started pushing an equity in one way or another very hard it would lead to the exchanges looking into the trading behavior and seeing a lot of buying from a firm that should not be doing that. The exchanges want as much volume as possible while still maintaining a relatively accurate market. I used to work at an exchange and when things started to look off we would message the LMM on the program and they would straighten it out. We would see the LMMs dropping the ball and we would call them on it and they would straighten it out. TLDR: It takes an immense amount of capital to move it like you said, it would be hard to hide this amount of trading and movement if someone found out and researched it. The firms would not attempt this large of a move because it exposes them too much. And finally this is market manipulation plain and simple if firms did this, it is just a question of if a lawyer could prove it.
I want to square up 1 v 1 against SIG.
I started 2 weeks ago with $500, bought a few 0dte puts on SIG and made $100 during my morning deuce. Then I sold a credit call spread and the strike went past all the strikes but I was able to buy back the calls during dips and managed a $70 profit. Now I’m in an iron condor on WBA. It’s cool to watch and learn how the position reacts to the underlying as expiry approaches. Everyone says to paper trade first, but I prefer to have some skin in the game and it’s money I can lose.
The guy posting probably takes massive losses and just isn't posting them. He is up big and is on a tear, but he probably takes losses as well. If he legitimately is as good as he says, RennTech, Two Sigma, or SIG in particular, would scoop him up. I believe that he is up big on this 23-24 Nvidia-led bull run, but he either is using insider information or has some seriously advanced skills in statistics or probability theory, but even then, it is not possible to sustain this without losing about 49.75 percent of the time.
that’s a horrible simplification of option contracts. Strike at 179 profiting $100 at share price of $180 would assume you purchased the contracts at $0.01 which is DEEEEEP OTM or 0DTE and deep otm. Whatever your premium is needs to be added or subtracted if puts from the strike price and that is what your breakeven point is. Ex: SIG price is $88.25 if i believe it’ll go up to $95 by next week and i look at the June 21 $95 strike call and it costs $1.30 premium that means the contract at expiration is worthless unless the price passes $96.30. So if you think it’ll go to $95 you’d be better off spending extra money say to buy the $92 strike contract at perhaps $3.30 premium which would have you breakeven at $95.30 instead. once and only when you get past the breakeven point are you GUARANTEED money at expiration. if you never get past it you better hope it goes up at least a decent amount 3-5 days before expiration because you can then still sell for a smaller profit or breakeven.
SIG always gets overlooked for an earnings play…
SIG up nearly 83% over the past year.
Puts on SIG boyz? No one getting engaged let alone getting pussy these days … dating apps suck and inflation is gay. People are not delaying home purchase for a wedding/ring imo , that’s on the back burner now
Calls on PLAY and puts on SIG?
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I should be getting my permit in the mail next week. what has increased in value? I was looking at getting a SIG Sauer P320 X5
Market makers are commonly on the other end of trades, Deutsche Bank, DRW, Flow traders, like Goldenberg Hehmeyer LLP, IMC, Jane Street, Morgan Stanley, Goldman Sachs, Optiver, SIG Susquehanna, they're here with us. Broker-dealers may have made the buy, as well as institutional traders. Besides those, I exercised a call a month ago ten minutes after the bell and it went right through without a hitch.
Exactly. I've seen this guy post before. He shows some massive gains. The only way he is doing this consistently is with insider information or if he is the lead trader at SIG or RennTech. His losses otherwise are enormous. He won't post his 3 or 5 year return. Guarantee it.
I think your just twisting the discussion because your really have no rebuttal..should I do it in all caps? THE POINT OF CMS WAS NOT TO DEMONSTRATE STAT SIG….it is just part of the open label extension in phase 2
Most of these cases will be ***turnarounds***. Businesses that are old, fundamentally sound, and for a variety of stupid reasons management decided to begin shooting themselves in the foot. In some cases, shareholders eventually tire of this, organize, and replace management with an adult who takes the bullets out of the gun. A good recent example (although not quite a 20x) is Signet Jewelers (SIG). Middle 2010's Signet was suffering a number of self-inflicted handicaps. March 2020 was the nadir, when the stock was already depressed and COVID made it seem like they might be done for. Yahoo has March 2020 low of $6.46/share. By November 2021 it was $97/share, bouncing around very close to triple digits. If you picked the trough and peak perfectly, that's a 15-bagger (pre-tax) in a year and a half. Textbook turnaround situation.
Jeff Yass, the head of Susquehanna International Group (SIG), which owns 15% of ByteDance, has already met with trump at Mar a Lago re becoming his Treasury Secretary.
Nope, it’s gonna be Susquehanna International group from PA, who already owns 15% of Bytedance and has incredible political clout. Most people have never heard of them even though SIG is a huge company. https://patch.com/us/across-america/meet-billionaire-rising-gop-mega-donor-whos-gaming-tax-system
Susquehanna International Group, based in PA, already own 15% of Bytedance (early investors) and is incredibly well-connected in political circles. If anyone get to operate TikTok in the US, it’s not gonna be ORCL. It’s gonna be SIG.
Susquehanna Investment Group from Bala Cynwyd PA already owns 15% of Bytedance. The wealthiest person in PA and in the top 50 in the US, Jeff Yass, is the majority owner of SIG. Who do you think will end up owning TikTok in the US?
Yeah, you guys who trade options are handing free money over to Jew Boy Yass and his gang of Hebrews at SIG.
Yeahhhhh. $SIG, what the actual living fuck. Buy puts. Now.
This is what you get for essentially playing scratch offs. Google this name: Jeff Yass. He is your new daddy. He just took all your money. If you want to understand how he took all your money, youtube: screening process for SIG You, sir, are highly regarded.
Its crazy easy to make a synthetic diamond. They currently sell for just over the cost to produce them leaving many firms without any profit. The low cost producers will be in Asia and the big virtually integrated companies that want to be involved - AAL ( aka deBeers makes their own syn diamonds btw). Cutting adds a tiny amount of incremental value but not very difficult and can easily be done in low and very low cost countries. Most value seems to be captured at the retail level in the jewelry store. If you want to invest in the jewelry space I suggest looking at SIG and BRLT as they will be the beneficiaries if there are any. btw - Most other precious gemstones can also be easy synthesized and have been for many years.
SIG down 12% on earnings while the ceo dumped over 100k shares the past 3 months
Puts: FIVE, SIG, NKE, LULU Calls: CHWY, FDX, PDD
Unless you know the level of statistics that people at places like SIG know, you will lose almost every penny if you keep gambling. Guaranteed. Go to youtube and watch: The game of trading with SIG If you can make sense of certain concepts--like Bayesian Probablity, Simpson's Paradox, etc.--I say keep swinging for the fences. If you can't your money will go straight into Jeff Yass's pockets. You're not up against old school legit investors like Warren Buffett. You're up a against a bunch of math geniuses who will pick you apart--and will do it quite easily.
SIG (Susquennah) said yesterday all this is about to fade. Nvidia and others will have their day--personally I'm getting in on GOOGL later this morning--but it's all about to correct a little bit. SMCI should be the leader in that regard.
I have mostly fast zippy light light stuff. TBH, my favorite is easily my 4 inch 9mm braced AR. It's from a local custom shop in black multicam with a SIG Romeo 8 on it. It's so hard not to have a nice range day with that. Takes Glock mags and has an AR 9 lower so no weird spacers. I'm going to get something slower and heavier in the rifle world but ammo...
I prefer SIG myself. I'd take a Glock clone though.
$SIG is going crazy- and for good reason
The KGB creating Palestine, anti-America, and modern antisemitism all in operation SIG, part of their Active Measures campaign. Now that's a classic.
Look, I'm happy to discuss stuff on the internet, but I'm going to remain civil. Here is a blog post about how to think about this. It's written by a former SIG trader (a company with a solid long term track record of both making tons of money AND training their traders well). [https://moontowermeta.com/your-portfolio-intuition-is-poor/](https://moontowermeta.com/your-portfolio-intuition-is-poor/) Here's the point, if your goal is to maximize sharpe ratio, you care both about the additional return over the risk free rate AND the volatility of the combined portfolio. If two assets are positively correlated, but not too highly correlated, it can be the case that a well chosen combination of the two has a higher sharpe ratio than either individual asset. The link gives good examples of this phenomenon. The optimal portfolio might not be 60/40, but it still may make sense to mix the two. To your question "why would you ever want a negative sharpe ratio?" I think we're talking about different things here. Let's say you have a portfolio, I'm asking the question "would I want to add this new asset to what I already have?" Sometimes a single asset with a negative sharpe ratio is a good addition if the reduction in expected return is offset by a larger reduction in volatility. For instance, let's say you have a asset X, that has a 3% monthly expected return and a monthly volatility of 10%. Let's say asset y has a -1% monthly expected return and a monthly volatility of 10%. BUT, let's say that the assets are perfectly negatively correlated. What would have the higher sharpe ratio, X or half X and half Y? (Let's assume for the moment that the risk free rate is 0 just for ease of computation.) X's monthly sharpe ratio is 3/10. .5X + .5Y has an expected monthly return of 1%, but zero volatility (a perfect negative correlation means .5X + .5Y has zero volatility) -> an infinite sharpe ratio (i.e you've found a way to make risk free money). Hope this helps!
Hi there! Who is SIG? Or what is SIG?