w*******o
发帖数: 6125 | | g******e
发帖数: 998 | 2 2009-02-02 19:14:21 Goldman Sachs Advises Clients To Bet Against The S&P 500
A report, which was written by Krag Gregory and John Marshall, was
distributed to clients of Goldman Sachs earlier today. The report advocated
buying March 825 puts and selling March 745 puts on the S&P 500, which would
create a "bear put spread".
http://www.davemanuel.com/2009/02/02/goldman-sachs-to-clients-bet-against-the-sp-500/
GS 有各种analysts，包括hedge自己的。这个是哪种？
还有一篇更恐怖的，这家伙在07年底号召大家selling VIX option：
This view has long been touted by options pros, but now it's being bolstered
by a Goldman Sachs research paper recently distributed to clients. In it,
options strategists Maria Grant and Krag Gregory argue that stock volatility
is an asset class, and that investors should commit money to it when they
make asset-allocation decisions.
In their research, they found that:
* Selling index volatility offers significant, passively generated
returns, and that big investors must buy options to hedge their positions.
* Returns are large enough to justify a substantial allocation to
volatility.
* Volatility selling tends to outperform long equities in hostile
markets, offering diversification benefits.
http://online.barrons.com/article/SB119767667328230497.html | c***m
发帖数: 2630 | 3 In the meantime, It predicted SH index to 4200 next year. Two strategies. | w*******o
发帖数: 6125 | 4 2009.02.02
这个我有印象，当时还说了"阴谋不可怕，怕的是阳谋"什么的
2009.02.02到2009.03.09，正是最暴力的最后一跌，
这个brear put spread应该是可以赚不少的
500
advocated
would
bolstered
【在 g******e 的大作中提到】
: 2009-02-02 19:14:21 Goldman Sachs Advises Clients To Bet Against The S&P 500
: A report, which was written by Krag Gregory and John Marshall, was
: distributed to clients of Goldman Sachs earlier today. The report advocated
: buying March 825 puts and selling March 745 puts on the S&P 500, which would
: create a "bear put spread".
: http://www.davemanuel.com/2009/02/02/goldman-sachs-to-clients-bet-against-the-sp-500/
: GS 有各种analysts，包括hedge自己的。这个是哪种？
: 还有一篇更恐怖的，这家伙在07年底号召大家selling VIX option：
: This view has long been touted by options pros, but now it's being bolstered
: by a Goldman Sachs research paper recently distributed to clients. In it,
| g******e
发帖数: 998 | 5 这个对timing的要求太高了。不知道他在report里面提没有提timeframe，和exit
strategy。否则他的client怎么操作？
【在 w*******o 的大作中提到】
: 2009.02.02
: 这个我有印象，当时还说了"阴谋不可怕，怕的是阳谋"什么的
: 2009.02.02到2009.03.09，正是最暴力的最后一跌，
: 这个brear put spread应该是可以赚不少的
:
: 500
: advocated
: would
: bolstered
|
|
