Recent content by metaphysician

Yes, that site appears to be a definite scam: http://www.condoroptions.com/2007/08/04/takedown-option-strategies/

So Rally, Cache, the post I was asking about made two claims: 1. The Greeks don't apply to VIX options in a normal fashion. 2. Retail people probably shouldn't be trading VIX options. Now, amidst all the blogger-bashing and chest-pounding about how experienced and smart you are, here's what...

Thanks, as I suspected. Didn't know that about the VIX options - futures relationship. I strongly disagree though about VIX options being "easy money." You may have some legitimate reason to sound so cocky, but I'd like to know how someone can reliably and rationally trade options in an...

So, a blog I read sometimes raised this question: Anybody have any ideas?

http://www.philstockworld.com/ good fundamental analysis, plus there's a really active community on the members-only side.

Mmm, a reason to choose a broker, though? But I think ToS's green/gray on black platform is prettier anyways - reminds me of old DOS days. I vote ToS - great execution, good spread fills, very flexible on commissions, too. Forex: At a seminar in NY last month Don Kaufman said they'd be...

Besides what's already been said, I trade SPY because it's electronically routed - quicker, and tighter bid/ask spreads. SPX is still open-outcry, with spreads wide enough to drive Mark Haines through. Example: SPX Apr 1390 Calls 30.40 34.40 SPY Apr 139 Calls 4.10 4.30 The SPY...

www.philstockworld.com is a fun read, and has been around for awhile now. The interesting thing about this guy is that he trades options but primarily on fundamental rather than technical analysis. He's a good stock picker, and basically uses options for the leverage and risk-management...

Yes and no. There are always plenty of n00bs to sell premium to. There's nothing very sexy about risk management or capped profits, but it sure as heck beats unhedged equities, no?

Agree - Fast Money is one of the few shows worth leaving the volume on for. And the only show on CNBC I've ever heard recommending actual options strategies!