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Show HN: Options Trading – Another Quantitative Risk Analysis Software (github.com/aquarians)
4 points by MichaelRo on May 31, 2024 | hide | past | favorite | 2 comments
Show HN: options trading - Another Quantitative Risk Analysis Software

Hi guys. I noticed there's no open-source quantitative finance software specialized in options trading, particularly the daunting task of researching (or "backtesting") options strategies. There are a few applications for stocks but nothing for options. Nothing serious that is.

Now I'm no Louis Jean-Baptiste Alphonse Bachelier but I still do my trading for a reason: making money and a lot of them. Not though employment, God bless my employer's hearts coze I couldn't do without them, but more. A lot more. So why I post on HN? Because I'm sick of scything alone:

https://www.romaniatv.net/wp-content/uploads/2015/07/coasa_1...

For those of you who don't understand allegory, scything is a parabola for software development. Scything is fine, most of the time is done in groups (like I do it to professionally):

https://cdn.adh.reperio.news/image-3/31215556-ab98-4f62-8fa5...

I yearn for more. When I was some 15 years old and scything with my peasant grandpa, I wanted to talk about more. Mathematics, physics, universe. But there's no more, just scything. So I had to keep that other part of me for myself while scything to make ends meet.

But no more. After 15 years, I got a system that actually works and makes money. Now I could try to spend more time marketing it and selling it all by myself and by God, I will. But not all by myself if I have that option, I'm looking for a partner. Who can help me with the web stuff, I'm a math / HFT C++ guy, I don't care much about web. And my stuff is Black Rock material rather than Facebook. So here's the offer on my side:

- You provide a companion in scything and connex activities related to selling my 15 years worth of trading research culminating in a system that beats the markets as of today.

1) If we sell my system for $500k, you get 10%.

2) If we sell my system for $5M, you get 20%.

3) If we sell my system for $50M+, you get 50%.

I have a system that systematically and deterministically allows pension funds to beat the index by 2x - 4x in Sharpe ratio, with an average of 3x. But as long as you get at least $100k, it works for the individual as well. We're talking selling for $5000 a license to 100 individuals who have $100k to invest in a bulletproof system (so far as long as it doesn't become widely known) or 10 funds who have $50,000 for that license or just one hefty pension fund who can keep the intellectual property while riding the profits.

I'd like to end with a short text I copied from a Romanian freelance writers site before it succumbed to anonymity. It's a parabola about a guy who scythes for a living:

Hoja Dominte was a carpenter. He was actually a blacksmith, but in his spare time he also did carpentry and for this reason he considered himself a carpenter. Blacksmithing was something he did out of obligation, although he also liked it, but he considered carpentry to be his true vocation. However, he did carpentry extremely rarely, about once a year. Otherwise, he was completely occupied with orders from the blacksmith shop. But once a year, he leaves everything behind and starts carpentry. He never succeeded in anything, and he didn't really have any carpentry tools, but the carpenter, with or without tools, still remains a carpenter. And if someone happened to ask Dominte what his job was, he would smile disdainfully and say nothing, because he thought it was obvious on his face that he was a carpenter, and if someone didn't notice this, then it was that guy's problem, because with or without noticing it, Hoja remains a carpenter.



I just had a quick glance at your github and wasn't able to form an opinion in the two minutes I spent there. However... I was amused and curious about Aquarians as an acronym for another quantitative risk analysis software. (My prior job title was senior quantitative finance risk analyst... which is very lonnnnng, I do realize.)

So I visited your main website and clicked over to the associated blog. This is a great post from 2015! https://www.fscomeau.com/why-technical-analysis-is-bullshit/

What do you mean by "a parabola about..."? I know what a parabola is from calculus and trigonometry. Is English not your first language--no offense--and you meant to say "parable" not parabola?

Or, is parabola what you intended to say? It IS rather punny given how your post here mentions scything. (Scythes resemble the shapes of parabolas.)


>> Is English not your first language--no offense--and you meant to say "parable" not parabola?

Well, my name is MichaelRo as in ISO .RO so Romanian. We say "parabola" from Latin "parabolas".

When I'm like 99.98% sure you get the meaning I don't bother looking for the exact translation, it's exhausting enough on Germanic words.




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