Recent content by noregrets

In a TWS watchlist, pull up the quote for VIX -> Combinations -> Futures Spreads (Directed) -> CFE, and select the calendar(s) you want. Then, e.g., right click -> Charts -> New Chart to chart it. When there is enough liquidity the NBBO will show the 1c spread you are looking for.

Thanks for sharing the stories, oldnemesis. Very powerful.

That's the way to do it. In this case, I contacted IB immediately after the fill but they said I had to wait until PSE issued the ruling which took all day. In my mind I had assumed that I would just be credited with the fair price / NBBO mid for the trade, not realizing that I would be given...

Thanks, new, that is exceedingly helpful. Knowing this, I will definitely handle the situation differently, and much less passively from a risk standpoint, the next time something like this happens.

I had the misfortune of being part of 6 of those 6,932 trades. I offered several AMZN combos right after the open at sufficient edge loss that I expected to be filled almost instantly, and I was. Unfortunately, IB Smart routed to PSE, and my sell limit orders executed far below my limit price...

I am going to be taking the journal offline for a while. Disappointed with my results to date, I will be trying a different, somewhat more aggressive, strategy and I worry that it could affect my trading knowing that my trades are visible publicly due to the loss aversion that that creates in...

I wanted to report out on the final results of the series of Oct VIX option trades I put on over the last few days. I legged into a series of flies up and down the vol line from 13 to 35 for low or no cost, taking profits on one to lock in breakeven on the trade series and "letting the rest...

Exactly...I should have averaged down! I'll call it the "O'Hare Iron Condor" strategy.

Closed for a loss of 1.90 inc. commissions. I just needed to close the position and take the loss, with the stock having gone up 9% since I put it on last Thursday (including eight points today), and again nearly at the upper short strike. I was happy with the calculated edge when I put it on...

Rolled the short strikes up one, to the 135/165/190/210, for 1.20 debit.

Sold the TSLA Oct18 135/160/185/210 IC from 2.70 credit. "It often happens that a player carries out a deep and complicated calculation, but fails to spot something elementary right at the first move." - chess grandmaster Alexander Kotov

Took profit by closing the 17/20 legs of the fly at 1.43 credit as the premise for the trade is disappearing with the budget deal and the fly is at neutrality. It seems likely that VIX will fall significantly over the coming days if the deal goes through. I am leaving on the rest of the Oct VIX...

Nice call.

You can use Model Navigator to change the underlying to the appropriate futures contract and it will update the greeks accordingly. When I use it though it changes the underlying for all the VIX option expirations to that specific futures contract, not just the expiration I want (although...

In TWS, you can find some vola statistics in the "Statistics" bar within OptionTrader. I have found iVolatility to be useful for looking at HV/IV measures over time: http://www.ivolatility.com/options.j. The VIX is specific to the S&P 500 index.