Search results

  1. OTM-Options

    When SPY Sells off 5% in Two Days

    Sellers of Credit Spreads got creamed - The steamroller flattened all the pennies, yearly profits most likely gone. :)
  2. OTM-Options

    Zero priced butterfly, worth commissions?

    I would say NO. The wings are way too close together - 95% chance that SPX trades outside of the 2000/1990 range. :)
  3. OTM-Options

    Q: August 21 option expiry - Regular series or weekly?

    OK ...... I wasn't sure if it was the 3rd Saturday or Friday. When the weeklies first came out it was 8 days - now it's over one month. :)
  4. OTM-Options

    Q: August 21 option expiry - Regular series or weekly?

    Are the equity options that expire tomorrow (Aug 21) the regular series or weekly? :)
  5. OTM-Options

    Unusual Option Activity

    IMO ..... "unusual option activity" would have to be defined on a case by case basis AND an accurate underlying movement prediction made beforehand along with a profitable option position. :)
  6. OTM-Options

    Unusual Option Activity

    When it comes to options the $200 fee versus the $50 is a moot point. One trade will make that $150 back. :)
  7. OTM-Options

    Please Tell Me Someone Shorted BPT

    As far as the OP is concerned it was big enough to warrant starting a BPT thread. :)
  8. OTM-Options

    Earnings - NFLX, GOOGL, AAPL, MSFT, CMG, AMZN, FB

    Strangles/Straddles are too expensive and it's rare for the underlying to move enough to get a profit. But the proof is in the pudding and you will have to wait till next earnings to get a definitive answer. Keep an eye on GOOGL (or any other stock) and see what happens. :)
  9. OTM-Options

    BOLD

    Switch to Use BB Code Editor, link is upper right of the reply box. Edit out all the BB code. Once that is done switch back to Use Rich Text Editor, link is lower left of the reply box. Or edit all your posts first in Notepad (or equivalent editor) and copy and paste into ET reply box for...
  10. OTM-Options

    strike decisions

    The actual stock is irrelevant. Knowing the stock would just add all sorts of biased replies. :)
  11. OTM-Options

    Please Tell Me Someone Shorted BPT

    A big move always brings a stock into focus. :)
  12. OTM-Options

    strike decisions

    I would buy $500 worth of 100. :)
  13. OTM-Options

    Dollar Coin

    In Canada the smallest paper note is $5.00. We have 1 and 2 dollar coins. Pennies have been eliminated. All cash transactions are rounded to the nearest $0.05. Non-cash transactions still to the penny. Getting rid of the penny and 1-dollar note has been very successful. :)
  14. OTM-Options

    How do I know if the data I received is accurate ?

    There appears to be some inconsistencies. The bid/asks are out of whack and I see some Saturday and Sunday data, but the markets are closed on the weekends. :)
  15. OTM-Options

    SPY options

    So your idea of "quality of order execution" is buying at the bid and selling at the ask? You will not get a penny discount on those options - the odd order might get filled but 95% of the time it will sit unfilled. :)
  16. OTM-Options

    Limit or Market Orders??

    Limit Order or Market Order Po-tay-to or Po-tah-to Six of one or Half dozen of the other At the end of the day there is no difference. But I prefer market orders since getting the order filled is more important to me than trying to save a few pennies with a Limit Order that might not get...
  17. OTM-Options

    Theta capture on weeklies for daytrade

    Selling pennies, buying dollars. Not such a good idea. :)
  18. OTM-Options

    Interactive Brokers - Receives Payment for Order Flow or Not?

    Even with long option positions you have to be alert. Margin Call on an IB IRA account (Need Suggestions) :)
  19. OTM-Options

    Yahoofinance helping scammers?????

    I get 17 Lemons We Can't Believe Were Ever Sold :)
Back
Top