Recent content by daytrader85

Hello - I have a regular full time job, but I trade on the side. This year I have been pretty successful and have yielded a decent profit. When is it appropriate to create your own company for any type of financial benefit? Is it advantageous to trade under a company name, instead of your own...

So, I'm currently long the July SPY 146/156/166 Put Butterfly Spread. The spread is currently trading at 2.18/2.23 I was looking at the August 146/156/166 Put Butterfly (same strikes as the July Fly but different expiration) and it was trading at 1.99/2.06. Does this lower Bid/Ask on the...

How is that done? Are there instructions for that, or an article?

Thanks optiontrader. That was a great article!

This is good, thanks guys! I'll be sure to check it out!

Hi, Is there anyway to calculate the "VIX" of a stock. I know the VIX index is calculated using the ATM options of the SPX. Is there any indicator that's out there to do that with a stock, like AAPL, maybe? If there isn't I could create an Excel file to reproduce that indicator, but I...

Here's the link: https://twitter.com/#!/CBOE

Would they go out and my multiple contracts of ES then? Since they have about $10,400 worth of cushion from the max profit they can make on the Put Spread.

I follow a Twitter account that posts what big trades occured in the SPX pit. I understand that the market makers/traders in the SPX pit hedge their positions by taken positions in the E-Mini S&P Futures contract (ES). Are all they doing is hedging their delta? Let's say for example, a Market...

Hello, I have an Iron Condor Spread on SPY that is expiring tomorrow. I just wanted to know if those are AM or PM Settlement. Will I be able to trade them tomorrow? Thanks.