Recent content by kjb1891

Well put Mark. That is actually one of the most sensible statements I've seen here at ET so far.

That's why I've been reading up on different neutral option strategies. Trying to pick the markets direction seems like a fools game. I've tried timing and predicting directional moves before. Sometimes with great success and sometimes not so great. I just want to be consistent, and that just...

Hey thanks. That's a lot of good info. So, use it for stocks that have more liquid options when you expect the stocks actual price movement to increase along with a stable or rising IV. Sounds good to me. Basically you want to treat a RIC much like you would a straddle/strangle trade...

Hi Mark. I said in my OP I couldn't find much good info about this spread. That's why I was asking some questions here to try and learn more about them. Sorry, I didn't specify well enough about what I meant about "how much time to go with". I meant how much time until expiration not how...

I was wondering if anyone has had any experience with using reverse iron condor spreads at all? I've been trying to learn more about this particular spread, but I can't find a whole lot of information about it. It's a volatility spread that is identical to buying a bull call spread and a bear...

What would most of you say are the most watched industry indices? For example, I know the banking index(BKX) and semiconductor index(SOXX) are heavily watched. What others?

I was just wondering if someone makes a statement such as "options are predicting an X% move for XYZ stock" how did they come to that conclusion? Why not Y% or -X%? What option parameters did they look at to come to the conclusion that the X% move was what the options were predicting to be...

Has anyone found the relationship between volume and open interest to gauge what the market is thinking about an underlying at all?

Nice explanation there Random.:)

MAESTRO, have you found volatility smiles/smirks to be of use in this regard?

I've seen it numerous times where someone will something along the lines of "options are predicting an X% move for XYZ stock". How would you go about determining that? Do you look at specific signs from volume, open interest, IV, B-A spread?

For those of you who do use multiple time frame charts(or multiple tick, range, or volume charts) for day trading the eminis do you usually look at data from just the normal market hours or do you include the entire time that the futures market is open?