Recent content by mikedks

Interesting article, not sure If it is appropriate for the average over-writer though.

Strategy?, what strategy?. A Christmas tree is a strategy, as is a Condor, Iron Butterfly, Naked Short Puts, buy and hold, that's a strategy. Explaining that HV and IV are equally important, not a strategy. You ever do a vol study on a stock? first compare and contrast HV to IV. Absolute...

Both are equally important; the short answer is HV is the baseline to begin your vol forecast. The IV is nothing more than the vol estimate implied by market pricing. Your job is to determine if the IV is accurate and whether it is cheap or expensive and creates an opportunity for your trading...

You're playing in a $3 stock that could just as easily be bankrupt as it could be $5. This stock is gambling, you are putting on a directional trade based on hope and not fundamentals. My humble advice, If you want to play and your opinion is over $5 by Jan 2011, buy some of the 5 calls for .22...

I don't disagree, technology and tight markets have given the little guy the opportunity to find and trade whatever he wants. Just need to go get it. Me? been out of the game for several years and have recently broken out my copy of Natenberg to brush up. Just starting out with some...

first post here, thought I'd throw in my 2c. Worked as a mm in a dpm on the cboe for about 10 years, saw a ton of experienced guys come and go. Don't know of any who were able to go out on their own, trade own $, and hit a homerun. Too risky. Even while trading in the dpm, making big money...