Recent content by ajna

Any recommendations on where to find IV levels for crude and nat gas? I am aware of OVX as a substitution. thanks.

Recently started using LiveVol. Anyone with experience scanning for specific intramonth skew conditions? For example call skew is such that ATM IV is X% < 10 delta IV. Or some other way to scan for specific skew conditions. Their blog mentions looking for backspread candidates by screening for...

IB option cancellation fees do not apply to spread/combo orders.

Instead of opening another brokerage account, any other software that people would suggest for risk analysis and following one's positions? For ex optionvue etc. Also, for scanning trading opportunities, any recommendation? Livevol looks interesting, any other ideas? Thanks

So what are most other TOS users planning on doing? 1. Move to another broker like IB and keep a small account at TOS for risk analysis? 2. If not IB, who else is a realistic option? 3. If moving, what risk analysis software do you plan to use that is equivalent to TOS?

Short ratioed diagonals to the upside.

I'm a long time TOS user. They officially suck now. Options, futures, and forex are all considered different accounts now. In order to trade futures, you need to formally segregate money into a subaccount. I realize this probably happened behind the scenes anyway, but now you formally have...

You can use chandelier stops however it suits you. For longs I generally use the highest high since trade entry - chandelier stop, I adjust end of day, but you can choose another time frame if it suits you. You can use a different starting point to calculate the initial stop, but it makes more...

Like anything else in trading, trendlines give you a subjective basis for how you decide to enter and exit positions. They have no magic by themselves. Beauty is in the eye of the beholder. Although your chart and all the trendlines makes me a bit crosseyed and dizzy. If I had to guess based on...

Thinkorswim's mobile app is solid. Works for managing positions, not sure about day trading however.

Your last 6 positions are already limited risk. First 2 have naked risk to 0. Decide on need or type of hedge based on you risk tolerance and expectation of the underlying and volatility.

Along the lines of a broken wing butterfly, buy your long wing really far out of the money with extra wings. You can still trade your primary position as a call ratiospread, but still have the additional protection in case things go bad.

In my experience with swing trading I find options work well when fading the market, and trading the underlying if trading breakouts/in direction of the trend.