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I was reading Victor Niederhoffer's book ( I think he was on this forum at one point) and he said something that I can't wrap my head around. He mentions that a if the Japanese Trade Balance Surplus is lower than expected, there the US will not devalue the dollar to save American Jobs. I know...

My general approach to calendars are legging in. I would sell the option first, than wait for it to move in my direction a few percent. Than i buy massively in thr future same strike or 1 strike lower options. If the stock doesn't go in my direction i would just treat it as single position...

Is there a graph where you can see the skews?

I wonder if scottrade has it too. Scott pro was made as an advanced options platform to compete with TOS. So I'd be surpised if they didnt have this as well.

I have scottrade pro and excel.

I wish i had access to historical option closing prices. That way we can do a comparison between the 2 strategies.

I agree, however one is probably more sensetive directionally than the other.

Like i said - this is just my gut feeling. Maybe xandman can give a more comprehensive response.

The big question is - Is this better than doing V-Spreads? I think that's the main reason a lot of people don't know about this. The Calendar seems overly complex and it doesn't offer a better risk/reward profile than a V-spread. Although in my gut, I am certain this is a more conservative...

In my head, the closer to the strike the underlying is without closing ITM the more profitable the spread will be and vise versa.

Thank you for this. Do you think the later months would be more ideal for the long?

You make money off the decay on the front month but wouldn't the back month where you are long decay also? Example: You sell front month for $1. You buy back month for $2. Front month expires worthless, back month is now worth $1. In my head your net profit is $0. But I don't think this is...

Short term cap gains are taxed as ordinary income. I am already filling out a 10-99 to write off expenses. So I even start an LLC or LLP or Partnership? Are the benefits really there?

I am looking for a Markit Report that may have it. Markit has a varity of fundmental data that's free. Ofc I'll share if I find it. I know Markit gives PMI's way for free so why not Fundamental imports

Guys aren't you overthinking this? I am talking about just monthly reports spendings for a country. LIke something a macro fundamental trader can use. I am not acting on any type of short term trading using this information. I want to get a general consensus of where the world is at, not...

For example if China happens to lie in the news and say we don't need any Oil. Some trader sees that they've been buying large oil for months. Are there any reports that show stuff like this?

Did anyone else think it looked like another Oct 1987? What was the story behind Aug 24th that you read about? I was told Asia had a sell-off rolling over the US markets. Your brokers mustive been preping the margin calls and before they were able to reach everyone, the market came back...

That's completely different, I doubt that 0.01 was ITM. I am talking about options with a bid less than intrinsic value which makes no sense.

I am a bit paranoid so can someone please confirm: Stock is at $20 Strike: $10 ITM CALL is worth bid: $9.10 - ask: $10.20 So we know the ITM is $10 If I sell this call (Assuming it even has the liquidity) - at the market, it is impossible for me to sell below $10 correct? Since it's $10 ITM...

I first didn't get where the debt was coming from... It's like playing a poker game with 100 people. Everyone is down... So... Who's the winner?????? Where did all the money go?!? If every country is in the red, than it's a poker table where everyone is down which makes no sense.