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A coupla things. I have a few rules/guidelines when writing iron condors. I usually do indexes, and have to be extra vigilent when writing on single issues. First, I make sure there are no earnings in the month I am writing. Second, I try to avoid strong trending stock. I guess I bent my second...

You are an ignorant buffoon and obviously know nothing about insurance. Terrorism has always been excluded on any type of policy up until recently. Even now, the premiums(for terrorism) charged are less than .05% of total policy premium, and losses are capped at $4 million, and in some jumbo...

I can see my Goog apr chain just fine. I get a bug on occasion too, that skips certain month chains for some reason. It usually corrects itself after a few minutes. I would call the trade desk if it persists.

Bravo Hamlet! You didn't even need to use iambic pentameter to get your point across either! LOL! Well put. :D

So, from a logistical standpoint, what are they going to do? Just close up shop on the floor? Does that put all the specialists and runners and such out of a job? It will seem kinda strange to just see some large electronic quote screen outside rockefeller center or where ever they put it...

Yeah, I guess I'm selling options trading as a worthwhile endeavor. Contrary to your scare tactics that options are very risky and hardly anyone can possibly profit from them in the long run. With the proper risk controls in place, writing premium is very lucrative. I think you are right that...

Delta neutral option trading, for one. synthetic volatility arbitrage or vols replication strategies also works very well. Although implicit price variance relates to dynamic hedging, these strategies do not purport strict price movement as it relates to pure directional trading.

Huh? How are the odds in your favor? If I have a hunch of a beat(pos. surprise) go long the day before, if I'm speculating a miss go short? How is that anything other than gambling? I'm not being critical, just trying to understand it. If you have some hard won knowledge u'd like to share, by...

CME is making quite a run today. I'm starting to get a little nervous on my short apr 470call in my IC :eek:

I think cottle calls your position a calendarized butterfly. I've never done it, but eager to see how it works out for you.

It's pretty new, so liquidity isn't all that great. They don't take the other side of your bet. You can place a bet, or look and match another user in the order book. They just made some alliance with the CBOE to increase traffic. They give you first 30 days free from transaction costs...

I have an account with this site. www.hedgestreet.com

Good point. That was actually a concern of mine going into this trade, because I'm bullish on IV, although event(earnings) won't happen before apr expiry. Wouldn't you agree that this is one of the times I can ignore IV to a certain extent? I see your point tho, low premium and high slippage is...

That sounds like some shit that would happen at the AMEX. Seriously tho, I have never heard of anything like that, I suppose it's possible? I usually do condor's on indices and etf's as well, sometimes I just like to mix it up with stocks. calendar looks juicy too!

Evidently not that far out of the money. No one can earn a 1,200% annual return selling premium.

hellomarket. Use the time decay and relative low volatility in your favor. Sell out of the money credit spreads. Sell the put spread roughly 30 points otm, and ditto for the calls. better known as the iron condor. I have a -400p/+390p spread initiated for $1.45 credit. then i sold the...

Ok, I must be mistaken about needing a lessee, I was unaware that you could sell rights, but continue to own the seat. After further review, this may be a worthwhile endeavor. There are 770,000 short interest shares, 23% of float, which makes finding short shares more plausible. Neal, I am...

theoretically yes. Those shares are hard to borrow, even if you sold 1/3 in the open market, you'd still need to find 18,000 shares to short, highly unlikely. You would also have to find a lessee to recoup trading right revenue. Too much delta exposure would ensue pragmatically. just my 2cents.

I guess it's just a personal preference, then. My E&O insurance would cover most insurance errors, but I guess I would like that extra layer of protection if a client were to sue me for whatever reason. Thanks for your input, much appreciated. Pimp

Hey coach, I don't want to litter your thread with advantageous trading entities, but real quick, I know u disscused this a little while ago. Obviously the caveat "contact a CPA or tax attorney applies". Would it be more advantagous for me to put my trading account in my LLC? I have an...