Anyone using MB Trading as their platform?
They offer $.95/pre contract commissions.
They do not allow you to do naked writes but they are slowly implementing that.
They seem legit.
Let me know what you have heard?
You hear people say "The options imply that XYZ is going to move 10% tomorrow when earnings are released."
How do they calculate this?
I do remember hearing something along the lines that they take the ATM prices to calculate it. Let's use AA for its earnings tomorrow:
(All prices as of...
Try working in a hospital for a day. Many low income people use that as their family practitioner. IT is ridiculous but it costs tax payers billions of dollars each year to pay for this. I agree "Harden Up"! But people are ignorant and get scared when their forehead is warmer than usual or they...
I don't understand how the wealthy can roll over and let the President wage a class war to fund healthcare?
The book APPLIED ECONOMICS: Thinking beyond stage one - By Thomas Sowell talks about the problems with government run healthcare. Someone has to pay the costs. Actual Americans only...
So easy to blame Bush on this. First, the governor did not ask for Bush's help until the last minute. Under Constitutional Rights NO President can over power a governor under its states rights. So it is first the governors fault. Second, these people had early warnings but decided, "No, We have...
Dagnyt could you please elaborate more on how the IV really affects the price and not the stock movement as much. I have definitely noticed that, but I would like to here your interpretation.
I would set up a straddle. Playing earnings for a certain direction is stupid because anything possible can happen when companies report earnings. Apple could have unforeseen higher transportation costs and higher chip costs that decrease margins.
You know it will swing one way or another so...