What’s the difference between a bond and a bond trader? A bond matures. :)

Dots are disappearing fast enough and I am not yet in Shawshank mood !! Scary!

My laptop crashed 10 days back and I had to make do with out one till the new one arrives. After a looooong time, staying completely away from system allowed me some time to think on some aspects which I had not focused on . Managed to read some terrific books on Fourier series in the last 10 days. Fourier series is something that I learnt in undergrad and conveniently forgot it as I never came across a practical application(may be bhag daud ki zindagi mein, never took time to understand i guess), until I came across Vol Modeling.

Link: Obama becomes first black president in landslide With this anticipated news becoming a reality, I expect a Bull run tomorrow. May be a 500 - 700 point increase in Dow and a correlated increase in S&P is on cards. In such situations, a straddle on S&P500 is guaranteed to make money !! Option traders will make hay when Obama/Sun shines!