Monthly Archives: July 2009

Venga Boys are Back in Town

By Jeffrey McLarty | Published: July 13, 2009
Boom boom boom boom. Best June on record, for Toronto real-estate.  Update: No, I don’t really believe, that boom times are here.
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Haymen Analysis

By Jeffrey McLarty | Published: July 12, 2009
This week’s piece by John Mauldin referenced some work by Haymen Capital. Interesting.  (click to enlarge) I’m curious why they neglect to illustrate foreign sources of capital.
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Crane Co. on My Radar

By Jeffrey McLarty | Published: July 12, 2009
While I was surfing around the holdings of some of the 4 most popular “water” ETFs…I came across Crane.  A company I hadn’t check out yet.  Which is by no means a pure play, but they do have some interesting trends going for them, in the other sectors they operate.  Right now, about half their sales [...]
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Global Reflation, Domestic Stagnation, Flight to Safety Hedged

By Jeffrey McLarty | Published: July 11, 2009
Short OTM calls on ES, rolling to keep some delta, opportunistically covering to resell higher. Long bullish call spreads on long term oil, selling front month to cover some extra theta and delta. Short the 30 year Treasury, hedged with OTM almost ATM put sales to keep theta decay as high as possible and delta less than 0.5, but always more [...]
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Ratio Spread Greek Sensitivity Cheat Sheet

By Jeffrey McLarty | Published: July 4, 2009
After 1000’s of option trades, one begins to have an inate understanding of how options will move relative to volatility and the underlying, as well as the passage of time.  With basic linear interpolation, and a full option table, one can approximate expected prices.  Nevertheless, there is no substitute for quantified mathematic models.  So, I’ve been meaning [...]
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