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    The Monkey Calendar

    Get you head out of your a**, and do the actual numbers using analysis software. The effect of dividends is what causes the difference in price between call and put options. Your sarcasm shows how little you know about options. I have been doing option trading for over ten years, and have...
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    The Monkey Calendar

    Yep, but there is a difference in price. Why should I pay more and get less? Call calendars are typically more expensive.
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    The Monkey Calendar

    Another factor affecting my decision on Jun vs Jul is the volatility of the market. If this is a quiet market, I may go for the higher profit. If it is a rollercoaster, I go for the protection.
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    The Monkey Calendar

    1. I am certain that the put calendar is indicated. Why would I want to have a smaller breakeven, and less potential profit? Just look at the graph. I never use call calendars, even on a double calendar. The numbers do not make sense. 2. Okey dokey. Do the Jun vertical if you think...
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    The Monkey Calendar

    RUT is at 732 on May 21. Purchased 2x Jul/Aug 740put calendar (this is the "body", placed above the market price) Sold 1x Jul 770/780 bear call spread. (the "tail") The body is swinging above the ground (a bullish calendar), with the tail (short vertical) securing it from falling...
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    The Monkey Calendar

    I have some experience trading options. Got clobbered on the Iron Condor, made some money doing calendars only. I wanted to share something that I have not seen taught anywhere, and think you might find useful. I call it the Monkey Calendar. Its "tail" supports the body of the calendar...
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    tools to find "best deal" on options

    ahem... Could you define what you mean by "best deal" prices. May I suggest that would depend upon a contrarian view of the implied volatility. The market has priced an option at a certain volatility, and, if you disagree, you make money by buying or selling that option. If the market...
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    What order do you use?

    This is where you need to have a trading plan. If you are in a long term (multiple weeks) position, the spread is inconsequential on liquid markets. The floor needs to make money on the short term, and your position then makes you money long term. I simply include the commissions and the...
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    Which Broker Is The Best For Options Traders?

    The major change is that they do aggressive enhancements to their platform.
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    Optionetics workshop

    You might want to try http://www.optionplanet.com/ and http://www.redoption.com/ It is affiliated with thinkorswim brokers, so it's legit and cheap.
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    Future options brokers

    Thinkorswim is currently rolling out futures and options on futures. These options are already on their platform but unable to place a trade at this time. I would guess another month or so.
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    ISE not reflecting bids on combo orders

    Bottom line: The spread is a combination of the b/a of the individual components -- the spread b/a does not exist on the floor, only as it is *computed* on the IB computers. If you want to change the b/a of a spread, you must change the b/a of the individual options. Entering a spread...
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    Quitting Trading

    I have not read the entire thread, but some ideas to consider. You goal now is to learn to trade, not to make money. You will want to make a very small investment in the trading itself -- one lot. Forex is interesting because you can have a very small pip size -- ten cents. So your max...
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    Calendar Spread

    As mentioned above, don't worry about assignment, unless you foolishly allowed the calendar to go deep underwater. Somewhat off the topic, but I think you will find that you get better risk/reward by keeping only one or two months between the front and back month. I personally think...
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    Trading Similar to Sales Career?

    Trading can be done part-time, or even while working if you have access to a computer. Sales is less flexible.
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    Options Mentoring

    He is a "home run" style trader, and basically you have to subscribe to his service to get the "inside info". Speculative vs income trading. Whatever floats your boat.
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    Options Mentoring

    Dan insists on putting on a stop order when you open the position. And any stop in a wildly moving market would have "terrible execution", regardless of the strategy. But his option strategies have fixed risk -- a maximum ceiling on losses. If you don't like the risk, do something...
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    Options Mentoring

    1. Assuming that you confine your trading to the spx or similar market. I use multiple markets, some of which are not liquid enough for a multimillion dollar trade size but easily handles smaller trade size. Of course you knew that. 2. You understand that money management would be...
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    Options Mentoring

    Can I assume that you understand that a strategy that works well for a small account may not have the same results for a $100M account. Also market conditions may not be appropriate for certain strategies, so the trader may not necessarily always be in the market. A ten percent monthly...
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    Options Advisory Service

    You might consider the following thread http://www.elitetrader.com/vb/showthread.php?s=&threadid=55017 Bottom line, become your own guru. If you subscribe, follow his recommendations with paper money until he has proven himself. Don't believe any "Past history" results, or thank you letters.
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