Recent content by skeweddude

agree on the comment about the $995 seminar. I think the prinicple purpose of the class is to shave off the mid like you said. Also, when he is wrong and his short strikes are breached, he just rolls (I cant remember if he rolls out or just up or down) double the contracts, double the req't to...

Dave, I know where you are coming from...I had what I thought was a very wide 100 point condor, 790/800/690/680 and both of my shorts were well OTM yesterday. Ofcourse, this morning I was only 20 points OTM and as I write the market is in the green again and the RUT is up only about 13 from...

Forgive the naivete but what is exactly meant by the 'midpoint'? sd

What's the route to get to the GS trading desk, I realize the incredibly low probability, but since it was mentioned I was curious of the req pedigree? I was under the impression that it was quant/IT intensive and that an MBA would be a prereq? Did not think that undergrads were offered...

Thanks for the reply. Right after I posted I saw your newer post about not being able to get a 5 point spread. I like your put butterfly idea that you noted in response to Donna, hope it works out and looking forward to hearing further. Not only will I miss the market on monday, but I will...

piccon, great trade to benefit from both the hedge and spread and I hear what you are saying in regard to the small caps looking like they have room to run. I started trading the RUT this month and am very glad that I found this thread, there's a lot of great information here and it also...

Between Carl's 3 mo saga, that's not a saga, with choosing b/t GS and a prop shop (GEICO: it's so simple, even a cave man could do it) and now this poorly written and obscure take on trading options after hours which doesnt exist, I really doubt that Carl is real. I think he/it may be here to...

Very good to know and kind of what I thought you were implying. The platform is exceptional, so you are getting the best of both worlds there. Thanks, sd

TOS meaning thinkorswim correct? The cost per option is .75 at IB (min charge is a buck), and TOS is the lesser of $2.95 per contract OR $1.50 per contract plus $9.95 (only one $9.95 charge for unlimited spread legs) . Just wondering why you are saying it's 50 cents more? I have a separate...

Great trading IV! Do you often trade around earnings announcements (in a similar fashion) and is it generally only for stocks in your universe? In regard to selling the AAPL feb strangle 72.5-95, is there a reason you preferred selling this combo over a straddle? I was looking at the hist...

Got it, thanks

yea, dont get greedy (you bought two options that went up, unreal), how about knowing when they were going to slate earnings? anything particular you use, could be an ignorant question but just wondering...thanks

Both of these went up? So you sold in anticipation of them announcing an earnings' date and b/c IV was quiet? How did you know they would schedule earnings prior to expiry? Nice Trade IMO, sd

Is it not possible to exercise the 45 call in the morning when I have been assigned and sell that now owned stock originating from the exercise to satisfy the obligation at IB? I realize that I have ten minutes to do so or they get bought for me, and I read this in user's guide: The exercised...

didn't mean to sound ignorant as I could not imagine it was a "free option", but I've literally seen postings on here, "if I see I am being assigned, I will roll it over to the next month". To me, this implied that you could see early if you were to be assigned during the day and if you closed...