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Static delta is achieved by using the underlying product - thus you dont have to worry about adjusting your delta when the market gaps up/down. Market makers dont have to quote markets when they feel uncomfortable doing so. The commitment is different for HK and Korea. Especially Korea which is...

My preference is to trade static delta and Long vol. if not a market maker, my preference is to be Long options with no margin calls. Lock in profits with most liquid contract. Open interest can be any combination of open/close positions. But if one big player did a trade with market makers...

Big positions cant get fair pricing in illiquid options so use the liquid underlying. Deep in the money options have no time premium left so better execution in the underlying. If you watch specific options open interest, you can track what the big players are doing on the final day of...

Ok - I'm buying cheap puts for expiry on Friday at the 117 strike. If stock plunges to 110 by Friday, I will cover by buying the stock. I can make 4 times at 116... Stock at 119 now. If we cant trust clicks on video ads, why would people accept FB terms on video ads or at least negotiate for...

I have come to the same conclusion that big players have - you have to be mentally prepared to cover in the underlying product. This means managing your trade size so you can exercise and net the position off. In fact, I have learned that the best strategy is not to go back to the options market...

They went public and the private equity investors took profits. These guys never had a losing month since starting up business. Life as a public company has not been profitable for the new found public shareholders though. The business is profitable and pay a dividend(6%) but somehow wall street...

I have built my own system that has generated incredible terms for many years. If the day comes when it stops working, I will look to license it to unsuspecting people who will pay dearly for the holy grail but not before. Many hedge funds find anomalies in the market and can make money for no...

This is no big secret. If you follow any of their shows which involve live trading, you can see their P&L and its always showing losers. Tony had a show with one of the girls and Tom with his daughter Case and they all lost their account balance on a couple big losers while picking up nickles...

Those were the days when anyone spreading false news was thrown in jail. Those were the days when you traded on "News" it was more likely than not real and you could make money more times than you would lose. The Internet has made it impossible to police information and we are now buried with...

The proof is the fact that selling naked options will at some point get "too big" (Big Loss). There is no way to avoid it if your selling naked options. It doesn't take an earnings trade on NFLX or AMZN to teach you what happens when things move in one direction quickly and for an extended time...

I agree with Lee. The retail client can't see global order flows and run algo's on trading servers around the world to push liquidity before and during trading hours. This market is no different from the casinos in Vegas where you play cash games of poker and the house takes 10% of each hand...

OK - I was able to get intraday prices on charts and add the virtual security into a quote list using the "~" in front of the name for my virtual FX. I'm happy to find a solution to a more complex example if you want to share.. We can do everything but trade with the virtual instrument created...

Ok - for the sake of discussion, your suggesting that a broker providing faster real time feeds and a clean historical database could make significant revenue from it given they cover so many markets already. I would disagree with that presumption. First - there are already providers of low...

As I said, when ready to get more sophisticated - go to the virtual security and there is an open canvas to do whatever you want - limits unknown. Opportunity awaits those who stretch the mind and reach...

Why don't you explore what your brokers platform can provide between their charting capabilities to create virtual securities and the search functions which allow the ability to sort millions of securities on both price action and fundamental data both historically and real-time. This is in all...

IB does provide 90% of the global exchanges and data is a core component required for any broker to provide a trading platform. Think about the flow of information - they require two feeds which they keep separate - data feeds to provide a price to trade and a routing feed for orders to get to...

IF you want a straight forward historical analysis of these 3 Spot FX rates it's simple: Go to Charts/Edit/Chart Parameters..... The default is "single contract" so pick "Combined contracts" to make your basket 1-1. The identifiers are: EUR.USD, USD.JPY and GBP.USD and the default ratio is 1 to...

The reality is the execution of options is terrible. The brokers provide a delayed quote feed and market makers don't provide fair quotes even when the underlying has tight spreads. They back off when they want to and not just when the underlying spreads widen and there is no obligation to quote...

My personal experience is that CPA's typically have no valuable experience with active option traders and will make more mistakes than I did. My biggest hit was the year that I used a CPA to take over the accounting and what a mess that was! Think about it - how many active option traders are...

you're much better off writing algorithms within their charting application and let them store all the data on their server. This also helps with the cleaning of data because you don't want to try to have to manage all that data yourself. When you use their charting and their data you can...