Recent content by tommylove3

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    Index Options vs. ETF counterpart

    This is just an approximation to give a general idea of what I am thinking. All of these indexes and ETF's have good liquidity. This does not include any adjustments. Just a hands off type of trade. Commissions do not have much effect because they are expensive enough. It takes little theta to...
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    newbie question on option pricing and possible crash

    can you give the time and date, price paid or credited of your dec 14 xlf put
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    Conservative Options trades

    You guys made fun of my jelly rolls but they did incur little risk, of coarse they did not make any money. Ok pick your underlying - over 60 dollars Lots of open interest at many strikes. Just stick with a few and trade them over and over again. You should know spreads like Iron Condors...
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    Anyone has an old intraday chart of GM the day they declared BK?

    This is a lottery ticket kind of trade. You can see what happened on GM. 47.7K for 800 dollars of risk. I put a butterfly order in on the weekend before they officially announced there bankruptcy. Monday morning it filled on the opening print. I got out that Monday morning once I saw that. I...
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    Disparity XSP vs SPX

    I am not an expert on this but from what I have heard about this is you are up against guys like Citadel and Chicago One. These guys have the fastest computers known to man and algorithms that make algorithms look bad. By the time your finger twitches to hit the button they will pick you off...
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    I got robbed on option expiration Friday!! (option ex pinning)

    To better know what exactly happened can you post what strikes you bought, the date and time you bought, if you bought calls or puts and the amounts bought if it was a spread of some kind. GOOG does this kind of thing a lot too so it might be a good stock to look at.
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    PCR data feed to Excel 2007

    TOS, its not the website but the platform. It does it via DDE into Excel or Open Office. First open TOS then Open Office. Here is an example for Open Office, =DDE("TOS";"PUT_CALL_RATIO";"AAPL") This will give the put call ratio for Apple. To make DDE work under Vista, it wont work...
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    $400 per gallon gas

    This is a missed opportunity to end the war. I have a three point plan to end the war and revitalize the local Afghan economy. First we need to import as many donkeys into Afghanistan as possible. We need to flood the county with a mass donkey invasion. Next we need to pay the Afghans to...
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    A Young American working in China factory

    I think it is great, he is getting a great experience. He will learn some Chinese what it is like to work there and what China is really about. It is a very good thing in my opinion. Way better than collecting an unemployment check by far. When he comes back to the states I would hire him. Just...
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    If I thought the S&P was going to 1125 by end of year, what call option to buy?

    SPX's price is 10 times higher than SPY and is the same thing so you pay 10 times less commissions. Next you get a tax break on cash settled indexes like SPX verses ETF's like SPY, you file a 1256 contract for this, its not that hard to do. Now for your trade, this one is a butterfly, if you are...
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    Conservative Options trades

    It is a little bit of a joke, it is called the jelly roll, sometimes used by market makers, it really has little usefulness to retail traders as the commissions are high compared to market makers. This example is two calender spreads that cancel each other out for a essentially riskless trade...
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    Conservative Options trades

    I have a near risk-less trade, the only risk is interest rates. Get your jelly rolls ready, here it is. +1 NDX DEC09 1725 CALL -1 NDX NOV09 1725 CALL For a credit of 19.65 -1 NDX DEC09 1725 CALL + NDX DEC09 1725 CALL For a debit of 19.65
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    Name of this strategy and risk, please

    1st position: long 140 shs, long 3 Oct 70p 2nd position: long 140 shs, long 2 Oct 75p
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    Name of this strategy and risk, please

    Yea I messed up, that's what happens when you are tired and distracted. This is closer no December options for IBM but November will do. Yep this is helped by a rise in volatility. I don't know what to call it. You could loose a maximum of 738 dollars plus commissions. I don't know what you...
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