Recent content by deltahedge

The link below is a post done by NPR back in Q3 2012 regarding the debt of the average US household. http://www.npr.org/blogs/money/2012/11/21/165657931/household-debt-in-america-in-3-graphs http://research.stlouisfed.org/fred2/series/TDSP I find myself highly skeptical that Household...

While vol skew still remains relatively cheap on the back month options, this long gamma long vega strategy is going to kill you when it comes to premium. As time presses you'll be looking at your premiums wither away presuming the market stays in a range. Those OTM back month puts look...

Can't comment on using LiveVolX as a brokerage firm. However I did want to say it's nice seeing a fellow trance listener who trades options. Here's a great remix done by tiesto to lunatic asylum's energy flow. Great song to listen to when trading...

Hey ETers, For those you who use IB in your option trading endeavors how do you see the individual risk graph of various spreads in a given underlying? I tried using the PM demo account and even called up the Help Desk and the guy said there was no way to filter or include/exclude legs and...

Livevol Pro for about $100/month shows all major option block trades as they are executed. http://www.livevol.com/

Thanks for the information and link. Seems my initial hunch on the stock price distribution may be the underlying cause for disparity. I do recall reading Augen's book entitled "The Option Trader's Workbook" in where he asks between the call or put with same vol and same strike price which...

There's some solid volume in the SPX weeklies unless you're some huge player who trades over 1000 contracts/day (doubtful but hey never know - see the attached montage). Spread, amigo, on SPX weeklies is still wider than its ETF counterpart. Unfortunately CBOE hasn't released a date (or even...

I assume you mean should one purchase puts or calls? why not just play the vol and buy a straddle or strangle? Some nonsense report I got from Goldman Sucks said people should consider buying the 33/28 strangle for the April cycle. If you're really looking for gamma buy the same spread with...

Thanks Nazz I love your emotes :D 1.) Wholeheartedly agree. 2.) Seems reasonable. 3.) Usually the the way TOS calculates IV values is by taking the mid of the bid/offer and then backing out the IV. I used TOS' IV levels into Interactive Broker's Option Pricing widget and got similar numbers...

Rodney, Thanks for the reply. I did plug in the values and got roughly the same market prices on the montage so I'm confident in my broker's IV calculations and got the same results. Still confused :confused: Oh well :D

montage attached

Hey ETers, I pulled up a quote on one of the more volatile stocks of the day, Amarin PLC (AMRN), and saw something peculiar which puzzled me greatly... If you look at today's quote of AMRN at 10.50 and then examine the 7 puts and 14 Calls (which are equidistant by $3.50) it looked a bit...