Recent content by billsafari

thanks people

delayed or real time.

I am looking for something, other than the CL for a pure play on oil price. Leveraged is okay. Any suggestions. I saw ERY and ERX but they are comprised of companies plus they are 3x. The closet thing I could find is UCO. Any thoughts. Thanks

The SIPC is merely covering their a$$ for a potential major event, like a eurozone collapse/recovery and they are letting everyone know now, who is on, might be on and not on the hook. 2012 will be a pivitol year. With the potential demise/ recovery of EURO/US,etc. economies the markets should...

Will someone fill me in on the boob chart? how to trade it?

Who said I was a new trader? I have been trading stocks and options for 11 years. I just recently added the ES. I know plenty of chart patterns, etc. I was just seeing if I can learn something new. If I could gain one ounce of new info from 100 or 1 million posts i'll take it. I'm always...

Some people will buy deep ITM calls because the delta is near 1. So one could get nearly a 1 to 1 move without having to dish out the full price of the stock.

Barring some miraculous outcome in Europe, only a brainless farm animal would be bullish in this environment.

Yes, that is what I meant.

In it's basic form. For example, if HV is 46 and IV is 87 this should let you know the options are expensive. So if you are trading a event (like earnings) it is more than likely after the event there will be a volatility collapse (IV comes down) which can offset any gains you may have had in...

At the very least keep an eye on IV/HV. At least you'll know if the options are expensive or not. This has helped immensely trading options on the greatest underlying ever, the beast BIDU. Knowing the Greeks isn't the holy grail but at least you would have a clue.

Also, those intraday margins are only for the first 25-50 contracts then the margins go up to 1k and so on, pending on who you go with.

Acct min's may be different but 400-500 intraday margin is common. Do some home homework before you open your dumbhole.