@vzn Nope :) Just buy USDCAD and make sure you have enough money to survive a drop. Sell covered calls. When calls expire worthless, sell more. If calls expire in money, buy more USDCAD. Repeat.
@vzn Good question actually. It didn't when I was selling vanilla calls with Saxo Bank... at least I don't remember it doing so. Yes, in the USA. With NADEX, the question is: what combination of options to sell to maximize profit while minimizing risk.
@vzn For the Nadex stuff, I do have to estimate option prices, because the actual prices change every second.... so I set limit orders after I've determined the best combination to sell.
its a fascinating problem from a scientific angle re theory of random walks etc... there was a ton of scientific controversy whether a market edge even existed... but now that debate is mostly passed...
have you seen the interview of Simons on youtube? good stuff
ps a lot of physicists get into finance/ quant... & theres also the interesting area sometimes called "econophysics" / "phynance"... physics + finance... large area...
@Xylius True, but I sense this is somehow even more of a timesuck because you spend more time waiting for people to answer as opposed to something you can do solidly.
@vzn Until I started chatting in these rooms, I was really bored and had too much time. Now, I'm not even getting laundry or grocery done, and it's only because I forced myself that I've ordered some food.
Plus I don't come away with a sense of accomplishment like I do when I answer a SE question.
@innisfree Interesting, I've never implemented that. Seems like often the central bit of computation is in an MCMC, though (but this would depend on the application I am sure)
