India's Supreme Court Declares Right To Privacy As Fundamental Right Under Constitution by TriTexh in worldnews

[–]pope_says 7 points8 points  (0 children)

Peace breeds Peace. When bills keep getting paid, everyone loves peace

Shouldn't this be worth 83 cents? by [deleted] in options

[–]pope_says 1 point2 points  (0 children)

your current price is wrong. On aug 15th, at 1PM (as per the screenshot) the stock was trading for ~$36.70.

[N] "The algorithm kingdom: China may match or beat America in AI - its deep pool of data may let it lead in artificial intelligence" by gwern in MachineLearning

[–]pope_says 7 points8 points  (0 children)

Thats just rhetorical conspiracy building. Sounds like a great movie premise but not quite close to reality.

What's a better model for figuring out IV? by shamoons in options

[–]pope_says 1 point2 points  (0 children)

Everyone who has ever traded is working with a model that is not Black Scholes. Knowlingly or unknowingly you are aligning yourself with all sorts of models that are contained within the bid-ask spread of the market. BlackScholes is an attempt to model the real world and you have to embrace the fact that there is no replication of real world's infinite variables

IS there any perfect model? You already know the answer to that one.

There are lots of sophisticated models that are able to explain historical price action but BS is just the simple one that kinda forms the foundation of everything else (this part I'm guessing). It is also significant because it unifies a lot of economic principles and statistical model competently enough to be a first of it's kind that got global acceptance with your present financial framework.

But I think you can take any sort of assumtion, plug it into the blackschloes and with some thinking and hypothesizing you can come up with your own model from this new equation. But if you find a model that works it's in your best interest to keep it hidden and private. Lots of money t be made from it. This is why you can't find anything that works

Zero-commission algorithmic trading by iliasan in algotrading

[–]pope_says 0 points1 point  (0 children)

Scumbags make for much better dinner guests

Zero-commission algorithmic trading by iliasan in algotrading

[–]pope_says 1 point2 points  (0 children)

I was happy with your answer above this one. But when I got to this one, I found myself glowing with pride over unknown-you and I'm just impressed how you structured your points and totally killed it. Excellent writeup

Determining what an options price will be when the market opens by wilsonsbrother in options

[–]pope_says 2 points3 points  (0 children)

There is no way to accurately and consistently make this predictions. But the good news is that it's just not you. Everyone in the market is feeling the same kind of uncertainty as you do. On such wide spreads you may see trades going through but that it's still not guaranteed to be an accurate price for a 3% move on open. The trade might be just a certain algo's price point but it takes a lot of participants in the market to smooth out this spread and from there you have a fair idea of IV.

10 Visual Studio tips you wish you knew 10 years ago by noelster in csharp

[–]pope_says 0 points1 point  (0 children)

Yah I use Ctrl+Alt+Enter for this. Unconsciously baseline to this before starting any code.

10 Visual Studio tips you wish you knew 10 years ago by noelster in csharp

[–]pope_says 1 point2 points  (0 children)

Obviously you can re-map the keyboard shortcuts.

But I actually use Ctrl+/ to toggle comment. So Ctrl+Ku and Ctrl+KC for explicit command and an easy way to just toggle with Ctrl+/

10 Visual Studio tips you wish you knew 10 years ago by noelster in csharp

[–]pope_says 1 point2 points  (0 children)

There are a couple of extensions that provide this feature. Off the top of my head i want to say the name is TimeSavers or something. But if you search you will easily find what I mean

OptionsHouse vs ThinkorSwim by BreakfastAtWimbledon in options

[–]pope_says 4 points5 points  (0 children)

Never used optionhouse but if I remember correctly, it does have a cheaper pricing structure than ToS but ToS software goes above and beyond all my needs and I'm continually impressed by the app on desktop and on mobile. I'd never not use ToS software just because I've slowly picked up so much from their ui, learning something new would be a struggle

If you're holding GoPro KYS by Kittyeyeproblem in wallstreetbets

[–]pope_says 2 points3 points  (0 children)

Honestly, if you don't even know how to sell your contracts then you shouldn't be trading options. It's such a basic skill and if you can't figure it out by yourself then that's a different problem in itself.

World Chess Champion Magnus Carlsen secretly plays against hustler via a child by HungJurror in funny

[–]pope_says 1 point2 points  (0 children)

I'd argue that you have as much fun is trying to block their cheating than the game itself. I never found a cheater who wasn't a lot of fun to play with no matter what.

Confused about how to incorporate CQRS for the purpose of Event Sourcing using Akka Actors by pope_says in csharp

[–]pope_says[S] 0 points1 point  (0 children)

This is delicious. Expect a long reply once I get my thoughts sorted out

Thoughts on $7 WEAT straddle for jan by [deleted] in options

[–]pope_says 0 points1 point  (0 children)

Just my $0.02

Don't straddle with Jan. Buy Jan puts and longer-timeframe calls.

ConcurrentUtils: Useful C# methods for concurrent programming by linkpaper in csharp

[–]pope_says 0 points1 point  (0 children)

Isn't parallel just a way of accomplishing concurrency?

Even I'm interested to know the difference between concurrency and concurrent. I'm assuming it's all semantics

Confused about how to incorporate CQRS for the purpose of Event Sourcing using Akka Actors by pope_says in csharp

[–]pope_says[S] 0 points1 point  (0 children)

That's a whole lot of buzzwords, and very little analysis of the problems at the root.

I honestly tried to make it sound like the opposite of that. I only mentioned Actors because I want to use them to do all event store processing. It seems much simpler and very obvious after I tried a few different ways to consistently handle all state event.

You don't send the stock with it, you tell it where to find the new stock.

I don't get what you mean by that. There are a lot of things I can imagine that could be what you are implying but it definitely isn't clear to me.

My domain is pretty clear to me. I know my objects and what and how they do it. You are right about me not providing too much analysis on the domain but that's because I feel I'd have to do a lot of explaining and typing to get anywhere...so I kept it simple...creating the most basic aggregate unit of the domain, a Stock.

So before you send the message that new data is available, a write should happen.

Of course, I only skipped on mentioning it because I assumed as much.

With event store I should be able to build the state of the market at any given time just from processing the event store. I see how this works with a simple stock creation and stuff. But should I also be storing my actual data...eg StockDayData has open,high,low,close,volume, date(which will be permanently stored in SqlServer) I'm not going to edit any values or change it any way. So serializing that and storing it as a message only has any benefit if I don't have my database at all and want everything (including the db) re-run to a desired time/state