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I think that selling put spreads in high vols usually works better that buying call spreads. Using a larger differential in strikes will compensate for the skews. I like using call spreads closer to expiration when the vol difference is not as important. ( ex. .50 for 5 pt vertical.)

I just signed up sith e-signal this week. They told me that they had not completed any kind of deal with ib. I asked them since that is the setup I am looking at.

What news/charts vendor works best with IB? I'm leaning towards e-signal. Anyone have a better match for e-minis and equity options?:confused:

I guess we have come full circle. In 1991 when I first leased on the AMEX, $1200 per month on a full membership. When I left in the spring of 1998, $6300 per month. I guess based upon the CBOE, $1200 for an AMEX is very high today.

Are you just trying to leg into the conversion? Your better off just trading the futures postion without the options, your going to give up too much vig expecially around expiration.

I just read a boat load of junk here. I am supposed to meet with Worldco in the near future. They don't sound that great according to most of the readers here. Any suggestions?:confused:

Allen, thanks for this thread. I am switching over from qqq's where I traded to keep sane at a hedge fund, to the mini's. As an individual, the leverage and margin are in my favor. This thread has given me a head start on building a trading system. Thanks.:)

Don't get me wrong, I love selling options. You just have to sell them when they are being bought by the truckload. V.N. thinks he is smarter than the world that is why he has blown up twice. Most successful traders will tell you that the market is all knowing. A good trader has to take what...

Most people don't have the cajones to sell naked options. If your clients have those convictions, then good luck. The problem is the risk/reward of selling options is not a high probability event relative to the capital. IRR's(internal rate of returns) of spreads are better. :confused:

buying 2 lower strike calls and selling 3 higher strike against. 2 by 3 (or aka 1 by 1 and a 1/2 ratio).:)

as a former mm, the msft 2/3 call spread does look like the kind of money maker that we should all be doing. Unfortunately, this market has had no remorse on short gamma. I would put this spread on with msft at 50 and unwind at 55 just to trade the deltas. At the money put spreads have seemed...

Having just left a hedge fund, I have a few quick comments. 1) Most institutional investors need to place money in an investing style. Hedge funds are considered alternative, same as real estate or private equity. They compare returns and volatility over time to the S+P 500. You must...

"Trading Places" with Eddie Murphy footage at the old Silver Pit on the COMEX. "Ferris Bueller's Day Off" at the CME. Try the AMEX web site. :eek:

I have 11 years of experience in options, futures, and equities. Would like to start a trading firm from the ground up. Looking for ideas on the best brokers out there for leverage, execution, and facilities.:)