Recent content by IVtrader

FPGA I know that Maverick, Bluefin, DRW trade options and may allow remote trading. Maverick wants $5000 for their "training". I cant speak for Bluefin or DRW. http://drw.com/ http://www.bluefintrading.com/ http://www.mavericktrading.com/ I participated in a webinar back in October...

thanks for responding Evo I'm trading highly correlated pairs. since you've been in the industry a long time, might you know which prop firms(beside Bright and allegedly WTS PTS)that would welcome pairs traders? Jim.

I've been reading the postings about the various prop firms and talked with 3 prop firms so far on the phone. what I understand is that few firms(with Bright trading being exception)don't want to hold overnight. yet if one trades Pairs Long term, you have to hold overnight. out of the other 2...

I have been a Livevolpro for 2+ years and have really benefited from it. yet I gave LivevolX a chance and their efforts in opening an account were in the end very sloppy. yes I give them a BAD review, nevermind IB, and if someone wants more details, they can email me. I continue to use...

Maverick Trading(principal "owner" Jon Frohlich) which among all the prop firms is the "only" one engaged in trading option spreads,represents(according their head recruiter for option traders) that they want $5K for training and coaching for all individuals whether you are a new or seasoned...

several months ago, I just directly phoned several prop firms from a "list" I collated from names mentioned throughout this website. when all is said and done there is "only" one prop firm that is options focused- Maverick Trading. other firms sometimes imply that they do, but when you call up...

atticus when you have been interviewed in SFO and Expiring Monthly magazines,as at least 3 traders in a certain traders community(where repairing trades under certain conditions is done, and where I'm a member in), who have established track records trading IC and calendars, then your opinion...

I don't think so. you can prioritize being "intellectually honest" all YOU want,yet trading is about one thing: being p-r-o-f-i-t-a-b-l-e. claiming a iron condor once delta hedged becomes a difference trade is respectfully nonsense. as long as the trade is negative vega, positive theta ...

you said:"It's semantics as to what is a NEW position vs an OLD one." then you say:"I don't understand what a material change in the greeks have to do with anything" you evidently don't make the kinds of distinctions that advanced option traders make in analyzing an option spread...

There can be a fairly big difference between what you call "semantics" and a material change in the option greeks. all "views" aside

There are ALOT of profitable traders out there who completely disagree with this. adjusting a spread isn't unusual, will depend on the conditions involved, and the adjustment can but never always means its a new position. iron condors,for example, depending on market movement, will have to have...

NJrookie the information sources I've researched are telling me to the contrary. i.e. there are degrees/percentages of cointegration. there are multiple sites(and software available) computing this number(one site is using the Dickey Fuller formula to compute this, for example). and...

Bone I'm not new to spread trading(did some commodity futures spread trades in 2008-2008) but I am new to stock/ETF/Index spread(pairs) trading. the "homework" I've done shows that even more than doing correlated pairs is to make sure that they are cointegrated. so I'm only trading them if...