Recent content by lownetworthpers

Can we stay on topic pls? I am wondering then, since playing ES is basically playing in cash, could I use normal strategies like calender spreads for a longer dated contract? For example, say I am long the December ES. Can I sell a high strike November call that I expect to expire OTM...

I just want to learn it before trying it. First step as they say is the internet! Do I need to have the full value of the contract in my account to settle? Say right now its $86K as ES is trading at $1731. Or is ES always settled on the difference hence allowing smaller account holders to...

Another silly question. Since the futures are so leveraged. If I don't have enough buying power to actually pay the full amount of the contracts real worth, is that ok? Or do I simply need enough buying power to pay off the losses in a losing position?

Ok thanks. So if I sell a Dec ES short now @ $1731, and ES goes to $1800 by DEC, I simply owe $3450 and this amount debited from my equity of the portfolio? Thats it? Are you an IB customer though? They have their own rules. They explicitly stated couple times everywhere they don't accept...

I'm new to this futures trading stuff. My broker is Interactive Brokers. I've read that they do not accept settlement of futures contracts. I am not sure if it is just the commodities futures. How are ES contracts settled? Its all "cash" right? My question concerns selling calls or...

I still cant log on. Whats going on? It says username or password is wrong?

I know they havent released a version yet. I hate jumping on a new release when it comes out. Experience tells me its better to let them hammer out all the bugs and incompatabilities. With that said does the current mobile TWS work with the iOS7?

Its done. I closed it. I can tell from the numbers Im stuck in it for a long time. There is no profiting early once you win and you lock in margin room and take risk in case the stock turns south later. Does that mean putting up less money on less calls is better than a call spread that...

That wasnt the question. Question was how do you save time premium earned without giving it away and losing more on the side.

I bought a bull call spread that is now really really in the money now. I bought a lower strike and sold a higher strike call. However the calender date is really really far out. The spreads now are horrible. I will make money on the trade when they assign me and I exercise the call to...

For IB's margin accounts, they dont do margin calls but instead go straight into liquidation. I'm wondering under what metric is this done? (ie in terms of Net Liquidation Value, Initial/Maintenance Margin etc)? Does your Initial and maintenance margin need to be higher always than your...