mjr_: i mean, the metaverse could be looked at like an mmorpg

mjr_: i like LoL's idea

mjr_: I mean, there was an interesting article on hats

mjr_: ^ what i was going to say

mjr_: the one after lich king i think

mjr_: i stopped b4 pandas

mjr_: thestringpuller: i think it is interesting, because similar to WoW you can earn money by playing

mjr_: i'm just looking forward to playing it

mjr_: oh lol, i just want to play it

mjr_: i am excited about S.MG

mjr_: i actually wish there was more IB stuff in btcland

mjr_: i think he had some stuff going on too

mjr_: i talked to Bugpowder yesterday

mjr_: i miss smickles

mjr_: i think he did

mjr_: and i don't claim to know better than him, by any means, i haven't written a lot of options and he has

mjr_: well, if you ask anyone, "what is the riskiest thing you can do in finance?" i think they would say write options without a hedge

mjr_: but i have no compunction about hedging

mjr_: You can't pull yourself up by your breeches and for the very same reason you can't have everybody in the market hedge. Someone needs to provide the support everyone else relies on to hedge. I'm that someone

mjr_: but i agree with the second point

mjr_: but i agree

mjr_: his stock is at an all time high right now if i remember correctly

mjr_: i mean, i think the only reason (per trilema) that mp hasn't moved it, is due to the fact no one has jumped into the middle

mjr_: 3. I know this obvious but higher prices mean less deman

mjr_: in other words, i am long the future

mjr_: for example, let's say i tell my friend i will buy 1000 coins from him at 75 dollars at the end of august

mjr_: i could have a private deal in place

mjr_: anyways, financial engineering should allow me to abstract away whatever risks i don't want, and focus on the risks i do want, and then collect on those risks

mjr_: i was saying similar to, not the same

mjr_: but yes, i use 0 as my interest and dividend

mjr_: i can get <money> cheap here, and i can lend <money> for more there

mjr_: for example, if i borrow yen to lend out dollars (yen is low yield, dollar is higher) that is a classic example

mjr_: i think this is more similar to a Carry Trade, rather than an arbitrage

mjr_: i would raise money to start market making aggresively

mjr_: well, if i come up with a strategy that works, and can mathematically be shown where exactly my risks are

mjr_: i mean that is my goal, to figure out if there is something here, or not

mjr_: but need to test a LOT before i try that

mjr_: and i think i can perhaps offer lower prices

mjr_: so i have been applying standard tools to these options

mjr_: then i can/should treat it as such

mjr_: then i want to see how they compare against their "muggle" counterparts

mjr_: if yes, then i should ignore every mathematical model that the financial world has constructed

mjr_: lol with vol of 300, i guess it dwarfs everything else

mjr_: just cuz vwap is the same with 30 days left, i shouldn't pay the same as 1 day left

mjr_: basically, i'll just come out and say it, is time decay built in

mjr_: i am saying, they are adjusted every day?

mjr_: does the bot, change them, or have they basically been static (what i am assuming)

mjr_: now i have a question

mjr_: i think

mjr_: but that is monthly and uses an auction symbol...i forget the details\

mjr_: hmmm....i think that the bond has a symbol too, but i can't remember what

mjr_: but i guess those are the three asset classes

mjr_: i think we all went over the symbology last time mp changed it

mjr_: i think

mjr_: S in the context of mpex means Security i mean