Comments on: Kabloooey! http://www.mebanefaber.com/2008/10/28/kabloooey/ Stock Market and Investing Blog of Mebane Faber Tue, 11 Oct 2011 15:24:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2189 Anonymous Thu, 18 Dec 2008 16:51:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2189 Good job. I am glad you were able to get out of the way. Congrats on bucking the trend. Good job. I am glad you were able to get out of the way. Congrats on bucking the trend.

]]> By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2188 Anonymous Thu, 18 Dec 2008 16:43:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2188 I am the PM of a premium-selling fund and I'm up double-digits this year. All about the risk management and knowing when to stay on the sidelines. Too many of these guys kept doubling down with little to no risk controls. I am the PM of a premium-selling fund and I’m up double-digits this year. All about the risk management and knowing when to stay on the sidelines. Too many of these guys kept doubling down with little to no risk controls.

]]> By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2166 Anonymous Wed, 05 Nov 2008 21:19:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2166 Check LJM's website for performance figures from Oct. -59%, should give you an idea how strong the model is. Check LJM’s website for performance figures from Oct. -59%, should give you an idea how strong the model is.

]]> By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2154 Anonymous Wed, 29 Oct 2008 20:02:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2154 LJM writes strangles in the S&P 500options and positions are adjusted as vols and underlying move for or against the overall position. Writes numerous strikes over time, generally, three months out and holds quite a few positions into expiration. <br/><br/>The model would be less sophisticated than one would think. Look at losing months back in 98 and early 2000's to see the potential losses that can be delivered. But we all know that the real potential loss is 100%++ when it comes to writing options. LJM writes strangles in the S&P 500options and positions are adjusted as vols and underlying move for or against the overall position. Writes numerous strikes over time, generally, three months out and holds quite a few positions into expiration.

The model would be less sophisticated than one would think. Look at losing months back in 98 and early 2000's to see the potential losses that can be delivered. But we all know that the real potential loss is 100%++ when it comes to writing options.

]]> By: Erik http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2153 Erik Wed, 29 Oct 2008 07:54:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2153 LJM Partners:<br/>http://ljmpartners.com/content/overview.html LJM Partners:
http://ljmpartners.com/content/overview.html

]]> By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2152 Anonymous Wed, 29 Oct 2008 05:06:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2152 How does one invest in these funds? How does one invest in these funds?

]]> By: Anonymous http://www.mebanefaber.com/2008/10/28/kabloooey/comment-page-1/#comment-2150 Anonymous Tue, 28 Oct 2008 21:24:00 +0000 http://www.mebanefaber.com/2008/10/28/kabloooey/#comment-2150 who is LJM? they to have a pretty strong model. who is LJM? they to have a pretty strong model.

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