Recent content by shorty735261

I was surprised to see that a fund writing out-of-the-money puts on the S&P 500 actually existed. It was proposed as a thought experiment way back in 2001, as an example of a fund that is guaranteed to blow up, but can make a lot of money for the principals in the mean time. See Krugman and...

I'm trying to understand whether I could or should use IB algos for options trades. Let's say I want to purchase 50 contracts of a thinly-traded call with a bid/ask of 2.50/2.80. I would probably place a limit order at 2.60. If no seller bit, I would raise it to 2.70. After a few more...