Recent content by minorearth

Hi everyone. I currently trade using the TWS platform. Below is the example of the order I'm attempting to place. If XYZ is currently trading at $20, I place an order to go long 100 shares at $21 via a buy stop limit order. Should prices never reach that high on the day the order is...

For those unfamiliar, the Pattern Day Rule applies to accounts below $25,000. Only 4 day trades can be made in any 5 business day period. Using a trade in the SPY as an example, could someone tell me if this type of position adjustment, would get around the limits of the pattern day rule...

Augen has a few good articles if you google 'Jeff Augen Articles'.

That's the general idea, yes. I'm looking for comparable software to use along with iVolatility to compare ease of use. I enjoy making my life complicated. I don't need motivation in that department, only direction. That's where you come in.

Hello everyone, I'm going to begin a subscription to iVolatility.com's Options Scanner Suite here shortly. I'm using it to scan for favorable short calendar spreads where front month ATM/OTM options are trading at lower volatility levels than ATM/OTM back month options which are trading at...

Can someone identify where this option volatility chart came from? A program, scanner, trading platform? I appreciate the help. http://www.surlytrader.com/wp-content/uploads/2010/02/Negative_skew_Gold.jpg

Does anyone know what's up with UNG options now that it's had it's reverse split? I'm long and short some puts. TWS has them labeled a being 'basket' trades. No word back yet. Anyone, anyone?

So if I buy an AA Dec 13put option in the morning, then the only way it could be considered a day trade, is if I sold it that same day before the close. If I didn't sell it at the end of the day, but I did sell a Dec 14 put in the afternoon, or sold 100 shares of AA stock, it would not create a...

So a 'day-trade', per PDT rules when using options, involves a trade where the option that is bought or sold at a specific strike price, expiration date, and whether it was a put or a call, is later closed out that same day? (Ex. Buy a Sept AA 13 Call in the morning, and sell that same exact...

Everywhere I have checked, including IB's site, has nothing to say about buying and selling multiple strike prices in the same market throughout a trading day. The only examples are for stocks themselves, or the same option that was purchased in the morning and sold in the afternoon, or vice...