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Kris Abdelmessih is not only a gifted derivatives trader, with a 20+ year career at Susquehanna and Parallax, but he is also a gifted writer with an amazing ability to explain the business of trading AND the underlying concepts of trading. Today Kris is one of the most widely-read voices in the trading and derivatives space, writing under his Moontower brand.
The market is 12-15.
12 bid. 15 offer.
The broker sizes up the offer.
“How many you got there? How about you? And you?”
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