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  1. OTM-Options

    Need help formulating an equation in excel

    You don't need to set up a worksheet to track your option trading. Your broker probably allows you to download a trading summary in .csv format, which is updated the next day. Just download the month, week, or year you need and sum up the Amount column, this will give your P/L. And from there...
  2. OTM-Options

    Ballpark ratio of theta/gamma

    All the option theory in the World isn't going to help you if the stock moves far enough against you to create a loss. This math formula might help: Short ATM options + 20 days to expiry = Recipe for disaster :)
  3. OTM-Options

    What is the most statistically predictable Option strategy?

    That is correct. Before the trade is opened the trader should be able to predict or "visualize" a rough value of any option strategy if the stock reaches +0%, +5%, -5%, etc. at whatever date in the future. :)
  4. OTM-Options

    What is the most statistically predictable Option strategy?

    My $1.20 estimate is good. I predicted that if the underlining trades flat after earnings the short straddle will drop in value, which it did. I wouldn't consider leaving out information about the underlining a "curveball". The more that is known about the underlining the more precise the...
  5. OTM-Options

    What is the most statistically predictable Option strategy?

    Assuming earnings was last Friday then I "predict" the value on Monday would be about $1.20 - minus the bid/ask spread. :)
  6. OTM-Options

    What is the most statistically predictable Option strategy?

    If the entry date was last Friday then I "predict" the value on Monday would be about $2.00 - minus the bid/ask spread. :)
  7. OTM-Options

    What is the most statistically predictable Option strategy?

    Need more info: Stock price at entry. Type of option position (calls, puts, long, short, debit spread credit spread, etc) How much credit or debit was the position. Option expiry date. Estimated value of the underlining sometime in the future. With the above information all option...
  8. OTM-Options

    What is the most statistically predictable Option strategy?

    What is the most statistically predictable Option strategy? They all are predictable. Anyone with a basic understanding of options should be able to predict a rough value of the position depending on the value of the underlining. The underlining is the unpredictable part. :)
  9. OTM-Options

    CL maintenance margin

    Do you mean like these professionals? EUR/CHF wipeout/margin call ... negative balance ... what to do? No pike trading with those guys, they squeeze maximum profit from their trading accounts. :)
  10. OTM-Options

    Conservative Options Trades

    Conservative Option Trades is an oxymoron. Options are not a conservative way of trading, they are high risk no matter how you trade them. :)
  11. OTM-Options

    Be careful what you wish for, you might just get it

    Be careful what you wish for, you might just get it. Saddam Hussein (Iraq) Muammar Gaddafi (Libya) Kim Jong-un (North Korea) Is the World better off without Saddam Hussein and Muammar Gaddafi? :)
  12. OTM-Options

    Liquidity problem..

    No need to waste your time trying to exit the position. Just submit the following order. Limit Order: Sell at $0.01 Good Until: March 20, 2015 :)
  13. OTM-Options

    Anyone get rich from CHF?

    Anonymous sources should always be taken with a grain of salt. But the alleged profit of $300 million is interesting, it's the exact opposite of the loses traders at FXCM generated. FXCM CEO Drew Niv Discusses Firm's Future after the CHF Crisis Collateral in FXCM clients accounts: $80 million...
  14. OTM-Options

    Anyone get rich from CHF?

    Just one problem. Nobody knows how the market will react to news. The SNB was caught off guard with the extreme EUR/CHF move just as much as anyone else. :)
  15. OTM-Options

    Selling ITM S&P Calls

    PM is Portfolio Margin https://www.interactivebrokers.com/en/?f=margin&p=pmar :)
  16. OTM-Options

    Yahoo Finance eliminates Stocktwits (Market Pulse) feed

    Looks like Yahoo Finance has discontinued the Stocktwits feed, which they called Market Pulse. The link was just below the Message Boards link, now it's gone. Even though it was 95% crap I enjoyed reading it once in awhile. :)
  17. OTM-Options

    FXCM CEO Drew Niv Discusses Firm's Future after the CHF Crisis

    That works out to slightly over 12.5:1 margin. Nothing wrong with that. :)
  18. OTM-Options

    horrific video of pilot burned alive by isis

    Images like that is why ISIS produced the latest video.
  19. OTM-Options

    horrific video of pilot burned alive by isis

    Has anyone seen the full 22 minute video? The production value is very high, the sound and editing is very professional. My guess is that it would have taken about a week or so to produce the video.
  20. OTM-Options

    horrific video of pilot burned alive by isis

    She, not he. :)
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