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A comment on Jane Street Market Prediction ($100k Kaggle competition). Parent comment

Re:Jane Street Market Prediction ($100k Kaggle competition) by ciamac on Tuesday November 24, 2020 @04:19PM (#25203110)
That DB/rentech basket option is a tax avoidance scheme. It has nothing to do options pricing and concepts like delta, gamma, etc.
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Re:Jane Street Market Prediction ($100k Kaggle competition) by fractionalhare on Tuesday November 24, 2020 @04:27PM (#25203179)
Yeah, yeah. That controversy has been litigated on HN a dozen times already, I'm not going to rehash it. Do you dispute my primary point here? If so, why?

(Also, even if I agree it was purely intended for tax avoidance, I don't understand why you think that would obviate having to understand how the options work intimately well).

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Re:Jane Street Market Prediction ($100k Kaggle competition) by abhinav2019 on Saturday November 28, 2020 @12:55AM (#25235614)
I don't really think you can categorize that they worked well as these companies are market maker. This is all the way more evident in 9 out 10 times they were profitable. It seems more as that options were 9X strike.
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