Recent content by Mnewton

TD ameritrade (0 commissions) thinkorswim has a great API that i now use to get credit iron butterfly spreads every 15 minutes. Works great. Max is 120 calls let minute. Return is json so easy to unpack. can then trade the options or socks with the api. used with python3.5 and pycharm

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Hourly?

Try the lost art of prop trading.

There are many ways to trade a market, stocks, options, futures,currencies, bitcoin and many more but the best way is to buy low and sell high, or sell high and buy low always works, unless you screw up.

How do you make $300 to $500 or more a day? That's 1000 shares to make 50 cents say. Or 100 shares to trade 10 times in a day commissions could kill you. Better 200 shares 5 times and make 40 cents for $80 x5. A $5 stock x 1000 is a $5000 trade or x 200 is a $1000 trade. You need a stock thats...

You can always roll them forward if the price is right to allow for a price move

Wheezoo 'mark' is a TOS value that is mid of the spread so it gives you some idea of current possible trade price or at least a starting point.

I am finding that with low open interest it just depends on stock price movement.I have a credit put spread on BKNG where the mark is 50% more than my offer and still no trade will check back tomorrow

FSU that basically what I am doing I start at the mark and move down/up as far as I want to go. will try CBOE thx. I would only use a market order if the spread is narrow and volume is high.

Thx kv helpful. I guess if the stock price is moving then the option prices are changing too quickly for the MM to fix a price.How do they set the algo to do the trade, i assume its below the mark at any point.On the level 2 for the option Z shows up wonder if that is the algo.

Tough to get some credit call/put spreads at the Mark (TOS ) limit price. Anybody have experience with market orders with wide bid/ask spreads. Do MM's trade at the Mark?

I use the TOS API using python to download all option chains for about 40 stocks every 15 minutes that are NTM ( near the money). The data comes back in json which is easy to unpack. I used it to find CIB's and IC's. Works well. Next is to actuaactuallyl put on the trade with the API. Maybe this...

TSLA high volatility around earnings