Comments on: September 2008 LHC End of the Universe Puts http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm We dividend our ad money to you. Wed, 28 Jul 2010 14:05:23 +0000 hourly 1 http://wordpress.org/?v=3.0 By: shortcfaexam http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm/comment-page-1#comment-105501 shortcfaexam Sat, 13 Sep 2008 07:50:44 +0000 http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm#comment-105501 I asked my resident quant today what the VaR was on a "sizeable" position in LHC puts. He sent me an email about three hours later with a link to this: http://www.grotto11.com/blog/images/Image.61278.1.jpg I asked my resident quant today what the VaR was on a “sizeable” position in LHC puts.

He sent me an email about three hours later with a link to this:
http://www.grotto11.com/blog/images/Image.61278.1.jpg

]]> By: HF http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm/comment-page-1#comment-105244 HF Thu, 11 Sep 2008 17:45:35 +0000 http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm#comment-105244 Are the LHC End of the World puts convertible on regular end of the end puts? what is the ratio, I need that input to my OVM... that way I can use my old end of the world option pricing model and won't have to ask my quants for a new one... Are the LHC End of the World puts convertible on regular end of the end puts? what is the ratio, I need that input to my OVM… that way I can use my old end of the world option pricing model and won’t have to ask my quants for a new one…

]]> By: Platinumfinger http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm/comment-page-1#comment-105224 Platinumfinger Thu, 11 Sep 2008 15:28:27 +0000 http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm#comment-105224 No way - new life = Portfolio back to zero. I'm not going to die and get haunted by my CDOs (debt I have to pay)! No way – new life = Portfolio back to zero. I’m not going to die and get haunted by my CDOs (debt I have to pay)!

]]> By: MGW http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm/comment-page-1#comment-105075 MGW Wed, 10 Sep 2008 19:56:53 +0000 http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm#comment-105075 I think that wriiting these Puts is an effective hedge against the possibility of a next life. If there is a next life, great, but you have to pay out on the Puts. If there isn't, then you may not exist anymore, but at least you didn't have to pay anything on these contracts. Win / Win. I think that wriiting these Puts is an effective hedge against the possibility of a next life. If there is a next life, great, but you have to pay out on the Puts. If there isn’t, then you may not exist anymore, but at least you didn’t have to pay anything on these contracts. Win / Win.

]]> By: Platinumfinger http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm/comment-page-1#comment-105074 Platinumfinger Wed, 10 Sep 2008 19:46:38 +0000 http://longorshortcapital.com/september-2008-lhc-end-of-the-universe-puts.htm#comment-105074 How do I claim the payoff in my next life and how can I hedge the non-existence of a next life. And if so, what's my benefit of buying these securities now? How do I claim the payoff in my next life and how can I hedge the non-existence of a next life. And if so, what’s my benefit of buying these securities now?

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