Search results

This is awesome. Thank you IB.

From the transcript: Tom Preston: So, if the put calendar is cheaper than the call calendar, would it be better to buy it? Tom Preston: Not really. Even though the call spread is more expensive, all things being equal, the back month call will be worth more than the back month put at the...

Definitely. If I were ever stupid enough to follow anyone blindly, it would probably be Mav's journal. :D :D :D

Oh yes, and DO NOT waste money on another subscription type service. Books are good, though. The key is to spend a lot of time learning and doing a bit of self discovery. The beauty of options is that you can make them as "risky" or conservative as you want.

Just a suggestion, don't get too wrapped up in being offended here. Yes, there's a lot "opinionated" folks but there is some good information especially when it comes to options. If you're looking to grasp the basics of options, I recommend anything by McMillan for starters. This will get...

I've been watching RightEdge (http://www.rightedgesystems.com). I think they just held up the release to add position pyramiding (which I don't need), but I use them pretty much for backtesting at this point. I'm an options trader and I've gotten their software to display options quotes with...

Depends on a number of items. There is no "best" or "worst" option play. It really comes down to your forecast and risk tolerance. With a FEB call, theta is going to chew you alive, so you're expecting AAPL to move fast and furious to the upside. If this is inline with your forecast, then...

I don't even remember what I had for breakfast today. But based on the date of the post (12/14), CEPH was ~ 71. It was a bullish calendar. Although I still see what you're seeing pretty regularly. For a bullish calendar, I end up buying the calls because I don't want to be assigned. Sorry I...

I asked a similar question here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=82668

Ya, I think the positive and negative numbers are either a bit exaggerated (5% in a brokerage account??) or a bit out of context (down 6.2%, as if they just charge that for no reason). Sure a 10K account is down 1.2% on fees, but then take your business to these $10-$20 a trade broker with web...

I think a straddle by definition is risky, or let's call it "low probability". And yes, if the IV is low, the odds that it will move enough in the desired direction is lowered as well. No free lunch here If you know it's going to move big, but not sure in which direction, the straddle or a...

Sadly it is Tuesday, so I have no excuse at all. I think maybe too many D's confuse me. JDD, DDF. I chase shiny objects too. Curious to know what you think.

DOH! :confused: I meant DDF. Sorry about that.

It seems all right depending on what sort of exposure you're looking for. It's pretty heavy into commercial real estate, which personally, I'm at full exposure right now. The management fees look very good at around 1%. The trend is certainly in the right direction, although yesterday's...

I suppose that's dependent on what you use to determine those conditions. Which leads directly to my question. What do you use to determine those conditions? :D :D :D

Well, they must because by choosing any option strategy you're making a volatility forecast whether you know it or not. Another nice thing about verticals is that you can place the strikes to match your vol forecast, where if you buy a call or put, you're stuck long vol. I always highly...

I'd say you've eliminated everything but the hardware. Have you tried running this on a different machine, maybe one that doesn't have the multiple monitor setup? Can you try another video card? What's the crash message?

Would you attribute your win rate to your superior stock picking skills or superior options trading skills? What criteria are you using to be bullish or bearish the underlying?

Thanks for the insight. I have another portfolio that is strictly dedicated to equities and options. I also own commercial real estate (i.e. the bricks and mortar) and my exposure is to my liking with that asset. This is really the type of money that I would normally throw into a CD or a...

What do you mean exactly by centering my vol?