30 Year Chicago Pit Veteran. Option Market-Maker. Macro Trader.

Naples - Chicago - Park City
Joined September 2011
I saw BLO get in a few jams over the years... don't know what eventually happened to him post-floor.
Replying to @MSGCapital
What ever happened to Blow he did it for years
2
1
516
🎯
People always ask me, "Why do you describe yourself as an option whore? Always buying gamma?!?" Because, I can quantify the risk, I'll lose small for 15-24 months, and then that ONE month happens and I own the firm. I know I'm in the minority. As a derivative risk manager, I see an option seller to buyer ratio of 200:1 Strange that 4 of the 7 largest traders, that all pre-date my time here, are premium buyer, strange right?
4
8
1,405
Closing vol-run Z-13.7% F-14.1% G-14.5% H-14.8% J-14.3% K-14.7% N-15.0% Q-15.2% U-15.4% X27-15.1% #soybeans #corn Z-16.7% #wheat Z-22.8%
2
661
Screen buys 500 H 1290-1390 call spreads/sells 1210 puts @ 0.3-0.7 #soybeans
1
832
F 1260 straddle 55.4-56.2 @ 13.9% vol -0.4% #soybeans
1
1
1,319
F 1260 straddle 55.0-55.4 @ 13.8% vol -0.5% #soybeans
437
Screen sells 500 F 1220 puts vs 1257.4 (28d) @ 12.4-12.3 #soybeans
4
863
Bad day to be a Heady Topper & mislabeled "cheese curds" @ BTV.
8
169
54,433
After NYC we drove to VT to see a friend (and had a crazy pizza experience I'll tell ya about later #IYKYK). Old school brewpubs still cranking out great beers up there.
1
1
1,385
Park City gets a S’mores Sleigh, while Vail gets an Ice Bar & 2-Martini Lunch. Sounds about right.
Vail Resorts announces new dining, après experiences for 2026-27 Read More at: parkrecord.com/2026/10/26/va…
2
9
2,191
omg
Fake & Gay! Moussa Diawara, the Malian national featured in this shockingly poorly researched @60Minutes report, now faces allegations of immigration FRAUD after his asylum application surfaced, revealing that he claimed to be a HOMOSEXUAL man who feared persecution in Mali. Read more ⬇️
8
1,813
Closing vol-run Z-14.0% F-14.3% G-14.6% H-14.9% J-14.5% K-14.9% N-15.2% Q-15.3% U-15.6% X27-15.2% #soybeans #corn Z-17.8% #wheat Z-23.0%
1
942
Screen sells 1000 F 1330 calls vs 1248.4 (15d) @ 5.7 #soybeans
2
3
2,227
Remind us @Badgerswimr what this trade (in a vacuum) wants before expiration...
1
2
1,044
All your 14% vol are belong to us.
Somebody out there hates bean gamma in a way I can't understand. Not a recommendation. Futures and options trading involves substantial risk of loss and isn't suitable for everyone. Past performance is not necessarily indicative of future results.
2
20
1,915
People said Scottrade was a bucket shop that let you swipe a credit card to larp as a trader?
Replying to @MSGCapital
That’s what the they said when scottrade started and people where trading online
1
6
1,652
Currency: the Real is -9.5% (Closer ties to China an issue as well.)
Replying to @MSGCapital
Can you explain why the communist winning the election in Brazil had such an immediate impact on soybean markets?
7
1,233
Screen buys 500 F 1290-1360 call spreads @ 11.2-11.3 #soybeans
1
10
2,587
Oh, this is fun! #soybeans
4
23
4,149
Alright. Nice gamma buys down there. See everybody @ unch! #soybeans
15
1,052