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Here is what it looks like in the TOS platform. Notice it separates the calendars from the verticals. The third section is mutual fund (cash). I just found out that after 90 days I can use fifty percent of it as margin. You might want to download and open in paint. Otherwise it is hard to...

Here is an update. You will notice that one day is missing, when I was ill. If you have any questions, please ask.

Have been ill for a few days, so here is an update if anyone is interested. 1. Closed out of the IBM position. It was just flat. If it is not making a profit within a certain period of time, get out because it just ends up a loser. 2. Closed the GS vertical at 20 cents. As mentioned...

TOS platform now has upgraded the monitor page so that I can separate the verticals from the calendars. Very interesting. Today the verticals are running over $200 in profit, and the calendars is basically breakeven. Bottom line, the verticals are doing their job of protecting the...

Don't you retards check anything posted here? If not you are an idiot. Yes, I did not go thru the torturous web site of IB to try to find the exact number. Please please please put me on your ignore list

But there is also an order charge, $10, I believe.

Rolled my rut sep 770/780 call spread to 820/830k, market had broken well above my short call so it was in neg theta.

Jumped out of the GS calendars -- they were getting very ugly with the volty going down. I had already closed one call vert with profit, and opened a second one. The second call spread is still on, and expect only a small loss on the total position. But it is risky to have "naked" verticals...

1. AAPL move up Fri and has room to grow on the upside. That has me worried because the monkey calendar is very vulnerable to sharp upward moves. NOTE: I use woodies CCI for analysis. It broke above the zero line, and that may indicate more upside. Will watch Monday for confirmation if it...

I am not optioncoach, nor a full-time trader, but I'll give you my answer, FWIW. I look at the greeks in terms of risk, not dollars. The theta gives me the profit bias based on time decay -- the market price, and volty must move so many deltas or points to overcome the theta advantage that I...

You might check out Dan's webinar on the cheap time bomb butterfly. http://oiwebcasts.cboe.com/portal/v_g.asp?G=5&events_page_num=9

Closed BG position, major move down and the call spread was down to only 25 cents -- not enough to protect the position. Instead of trying to salvage it by adjusting, I simply closed out, and opened a new position on AAPL. I try not to hang on to a stinky market, but find something else...

Ok, there is one fairly good author on options. Any book by Dave Caplan. He doesn't have the hype of other authors, but he got me started in option trading. He is really good at explaining the different strategies. Perhaps out of date, but he goes over the basics very well. After...

The answer to your question is................. no. Learn the basics on cboe.com, start small and become a self-taught expert in your chosen strategy. Most experts couldn't trade themselves out of wet paper bag. That's why they write books. Takes about two to three years, if you...

Let me go over the basic LEAP calendar strategy == if market goes up, sell current month (sep) call spread (only one spread against the two or three calendars). If go down, buy additional calendar, averaging down. I create opportunity up or down. Today bought 1x Dec/Jan 510p GOOG...

RIMM 2x dec/jan 130p calendar @ 137 Busy day today. Will not add any new positions until next month unless there are special opportunities.

New open positions 7/31 gs -2 sep 185p calendar 2 oct @ 305 gs -1 sep 210k 1 220k @ 130 rut -2 sep 720p calendar 2 oct @ 715 rut -1 sep 770k 1 780k @ 177

Oops. I meant 19,950 for high water. This came a large part from BIDU, post earnings. My wife and I will go out to dinner to celebrate. I'm a cheapstake, just chinese fast food or buffet.

Just sold BG sep 115/120 call spread @ 85. will show up on my next spreadsheet. The commissions column is round trip, and the profit/loss is net, includes commissions.

Here are my sep positions. As I mentioned, there is a new GOOG LEAP calendar, and I continued the BIDU long term calendar from the previous spreadsheet. Trying to sell a BG call sprread today, so it is a naked calendar. Normally I put on both the calendar and call spread on the same day...