Recent content by nO0b

no, he's not. you're just making sh1t up. he specifically said he's looking to put this on and would even like to be a net collector of premium. are you sure you're even reading what he wrote? you should go edit your initial response to the OP and change your ludicrous 120 call to the 250...

well, if we assume he's actually trying to *make* money, then maybe somewhere around the "maybe even keep some of the credit" part of the plan implies he's not looking to buy an ITM call anytime soon. nowhere did he mention any opinion on vol, so reading between the lines has this guy making...

what bet are you trying to make? for it to be close to dollar-neutral, you're going to need a much bigger move in the stock for it to pay off, since the call that lines up to the collected-premium on the short put spread is likely going to be very OTM. if you have a stock where you're...

still doesn't.. MySQL is a very poor choice for this kind of work. PostgreSQL is a far better package, but for anyone in the C# world, SQLServer 2008 (and only the 2008 version or later) end-to-end is the best choice due to the tight integration with visual studio and good client tools...

take a look at the "Active Trader" tab in ToS. sounds like that's what you're looking for.

it's like asking a professional poker champion if he ever folds a hand when he has money in the pot. every trader uses stops. it's only a matter of whether you've built it into your position (eg. defined-risk spreads like verticals, butterflies, etc...), added it along with your order when...

after the crash of 1987, markets began to realize that "hey, stock prices can crash" and began to value OTM puts very differently than what black-scholes and common pricing models would have predicted based solely on the observed volatility of the underlying stock. Market-makers now faced a...

no.

didnt he say he was short the upside ahead of a good earnings report which resulted in a 17% rise stock price? doesn't sound like DIA or SPX to me. :p

You'll be filled at exactly 20 cents, and the buyer will smile at the early Christmas present you gave him. sounds like your GTC order on a stock like that is roughly the same as jumping in front of a subway train and wondering if you'll get run over... :D

A 27% loss in your account on a reasonably random trading day probably means you're betting way over your head. Having that much at risk would imply you're a heavy favorite in the bet (around 64%) even if we assume a 1:1 payout. I don't know what position you had on, but my guess is you had...

Somehow, the probabilities on your screen do not seem to be correct. Check out how that trade looks in my attachment. Try hitting reset at the top, and click "Set Slices" to display your breakeven points for DEC. That's what you want it to track. The right way to analyze this then is...

There are probably better ways to learn than on a $110 underlying. Lots of liquidity in the $20-$30 range, too... with correspondingly lower margin requirements as well. :D