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well who ever is making a market for me there I am very happy with. My fills look good, so I am happy for now, in this business things always change tho.

last chapter of Pit Bull several quotes from livermoore "if you see red get out" I taped this to my monitor and read it right after every trade..:D

well I trade AAPL and BAC option right now and they are pretty liquid. So I dont usually have a problem with execution near mid. You are probably right about other retail orders taking my orders , my execution report usually show odd lots adding up to my total. notice the 1 lots.

amex usually give me the fastest execution when I buy or sell close to midpoint. cboe one of the worst. ise and box is ok

I find that certain exchange execute limit spread order faster then other. Sometimes I find my spread sit even when I give them a .05-.1 credit above mid-point to execute.

now this make a whole lot of sense.

in my whole option trading life I have never seen legs of a spread get executed on different exchanges. find an example and prove me wrong.

you're kidding right? that made no sense

this is what we call curve fitting when there might not be any correlations.

its weak today, when the strong becomes weak time to head for the hills.

if the stock hit my short strike on wednesday or thrusday. I'll book a lost and move on. too short of a time to "repair" or average down and "pray" it will stay above your short strike.

the market maker saw your order as a guarantee! they wait till they buy it cheaper and sell it to you at your limit.

looks like now we know why the move up been so nice its going to be added to the sp500 soon. index fund are scooping this up and will drive it higher in the short term.

in aapl we trust wait till it breaks and lookout below.:D

thats too bad. do a calendar spread if you're doing OTM calls.

are you doing OTM, ITM, DITM? and what is your risk reward ratio do you want? I would do weeklies on this one anything can happen in 3 months. it does a 5+ point dump every week and recovers. Use this to your advantage. do a spread 5 points below the previous week high, this is a good find...

are you trading weeklies? or the regular monthlies? The weeklies might not be so bad but you're dealing with a 2+ beta stock here. Sell a spread instead it'll limit your lost on black swan events.

too high maintenance on this type of position unless you're trading 1-2 standard deviation away. if you are closer to the money on high beta stock gaping or fast moving market will kill you.

come on let him borrow a few hundred million.

for calendars you want to buy OTM option at a strike and sell near term option at the same strike. so the best scenerio is for the stock to hit your strike and booked the differences in the premium of the option. If it never hit your strike but trade in a range you can continue to capture the...