Recent content by cfelicio

I think you need to reduce the cost first. People with small orders won't be able to execute multi-legged options, as the cost is prohibitive. Simple example: If I want to do an iron condor on questrade, assuming I'm a small account, it's going to cost me more than the potential profit of...

I ended up finding / reading the old threads on this, and it was quite entertaining! lol I guess I will just stick with my regular strategy, at least I know very well my risk / reward, and trade within my comfort zone. Sorry for creating a new thread on this, I will use the search function...

Thanks for your reply, there's a lot of valuable info in it for me to research this further :) I will try this one tomorrow on the TOS see how it looks! If you have any handy examples, I'll be happy if you can post them as well! Cheers!

Hi All, I heard of this "strategy" from a friend, and after spending countless hours on TOS trying to "reproduce" it, I gave up and start thinking something is fishy... Here are the details, they call it "The bric": http://www.youtube.com/watch?v=3zJBU-DYUYs It is a boring video...

most of the time you will make small profits, and then you will have a big loss. if you are underleveraged, and shorting puts for stocks you want to own (for the long run), then it's not a problem (but you might have long periods of underperformance). If you are doing it just to "collect" the...

thinkorswim has some data for free.

Direct Link: http://www.forbes.com/sites/baldwin/2011/11/02/getting-rich-off-options/

you are selling options and buying risk. if you want to survive in this game on the long run, you better be prepared to when something bad happens and your option goes deep ITM. If you are over leveraged (1st newbie mistake), then you blow up! :)

if you used IB it would cost you $1 instead...

uh, it's already there for a while, you just need to enable it :)

certainly far out of the money, and short term will give the best bang if the black swan happens. Silver is a recent example, there was a thread here that someone bought $0.25 options, sold them at $5, but in the end they went all the way up to $37. That would make a 100x+ return in a few...

http://naaim.org/files/2010/N-001.doc I'm trying to figure out how to test this with ETFs (will probably end up doing it manually I guess). Opinions on the paper?

It also helps to be in a good location. In Vancouver, my Wife got the CFA and a MBA, still pretty hard to get a good job. :(