Recent content by Sailing

Kevin is correct.... the spread is usually .20 -.30 wide at best. If you guys are trading the SPX....... you really should consider a floor broker to work your orders. We currently use Lake Shore.... through VtraderPro. The commissions are higher, $1.20, but the fills are...

As managing members of an investment company, as with anyother investment specialiest, RISK is the ultimate concern. With this in mind, most Nasdaq or DOW components are very closely related and for the most part closes correlated. You can use the correlation indicator on ToS's software to...

You're right.. the double diagonal strategy works great in 'normal' market conditions. The biggest downfall is the VEGA. In the double diagonal you're essentially long VEGA. And it's great... like in these conditions... except too much of a good thing can turn BAD. For Example: If you're...

We use the same strategy as the OIH and NDX have a weak correlation. What we've found interesting is the premium differences.... but with that difference comes RISK. Even so, they work nicely to Hedge against each other. Our OIH positions are up 130% ytd on margin, where as our NDX is up...

It does what ToS does... as far as analyzing into the future and at multiple strikes... but with ToS.. you need to adjust the time (which is a click on the month calendar).... or use the price slices to see the GREEKs.... but with ThinkPipes.... it is all infront of you all the time. You...

We prefer trading the NDX.... 1. Like the liquidity 2. Tight spreads considering the strike price 3. Traded electronically and floor 4. Cost effective because of the price / contract ratio as compared to the RUT 5. Premium tends to be better... and we're premium sellers We also...

We actually use the Analysis Platform in ToS for our positions, but trade and use the power features of ThinkPipes to forcast. I know it sounds strange, but our investment club memebers use ToS retail platform, so it's much easier for them to understand and use..... but Thinkpipes has some...

If you trade the SPX.... you need to trade through a floor broker. We use LakeShore when we trade the SPX... and the fills with the floor broker are always MID or better.... most of the time better. Identical spreads on ToS or IB... just sit.... There is a market within the electron B/A...

Nice to be back..... Nice to see, hear, and read all the posts since my departure.... and always nice to see the familiar users again. I'll be on the sidelines lurking away.... Murray

A Trading Computer? For those of you interested in fast, multiple screen lay-outs, just for trading, check out this specialty site: www.tradingcomputer.com Murray

MAVERICK Update I just would like to set the record straight..... I know some of you may feel Maverick (alias John Knott), from VtraderPro, comes across a little insensitive at times.... but you must understand... he has your best interest in mind.... and he's under some intense time...

Double Diagonal using Haircut vs. Retail Just thought an update was in order. We had an awesome 2006 as retails traders here at the Grand Rapids Investment Club, as many of you are aware, but this year we will be trading along side our recently opened Hair Cut account. We have placed...

Just thought i'd add a 'Happy New Year' to the discussion. Our investment club is growing way to fast... too much work at the moment.... setting up accounts, educational info, etc. Hope everyone had a great '06.. looking forward to a greater '07 Love the discussion.... Chat Soon! M~

Mark, In a haircut account.... your 100% invested portfolio would only require about 40% of the capital to control the same, possibly less as some of your diagonals... and other indexes could benefit from cross-margin relief. This would allow you to take the other 60% and use for...

Jan/Dec Double Diagonal Update: Jan/Dec Double Diagonal was very flat. VIX crush kept any profit from materializing, but unlike some credit spread traders, no losses either. It's been nine months now trading Diagonals, not that this makes anyone a seasoned trader, but what we have...