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Charle's Cottle's Options as a Strategic Investment covers it.

Hi funrettig, Would you mind elaborating on what you meant by the above? How does one get access to CBOE or ISE electronic spread entry? Thanks.

RUT is very good. You'd have no problems getting filled at fair prices except when the markets gap open.

Rosy, thanks for the reply. Daddy's boy, thanks for jumping in. I don't think we ever "complete" Dan's course...:D Haven't been able to join in the live trading group meetings as my group meets at a time when I've an ongoing commitment. Thank you for the recommendations for the books...

Rosy, thanks for the recommendation. Does this book handle non-fixed odds betting? Or does it only talk about fixed odds betting? I think trading odds are not fixed. Thanks again.

Hi, would like to hear some recommendations for what you think are the best books on money management. I'm looking for books that are usable for someone trading options in a delta-neutral manner, for e.g. trading iron condors. Thanks!

Guys, why bother? Just open an account with ToS and you have instant free access to a great trading platform.

db, Most of what you can do on OV you can do on TOS. Stuff that are not available on TOS at this moment, but are doable on OV: - superimposing different trade ideas so you can look at the P/L graphs and compare which you prefer - OV's OpScan feature is more powerful than TOS's...

I am not. I was here because I thought this board was a constructive place to get ideas and feedback and to share, and then to give back something to others who might be interested in what I was after in the first place. What I found was something else entirely. I'm getting nothing in...

torontoman, if you're talking about Dan, c'mon man. You guys have to be kidding me, right? You do know who you're talking about right? Even other market makers give him due respect, I heard from one that when he was just starting out many many years ago, as a clerk in the SPX pits, Dan...

Ok, I apologise. If you're not referring to Dan's course, why are you posting in this thread?

I assume that by $5k options course you're referring to Dan's course. I can't speak for other courses as I haven't taken them. Having been through both paths (reading books and taking Dan's course), I absolutely disagree with this. I feel that this has got to be one of the biggest myths being...

Most definitely. Yes. Don't know yet, but my guess is yes. I don't know yet. But let's be realistic. Hedge funds trading similar options selling strategies crow about 30% returns to anyone within earshot. Do you think you'd be able to beat them consistently as a retail trader, when...

I put out this thought for critique. If everyone tries to enter a spread order at the same time at the same number of days, you get high demand for certain strikes that you're going long, and the IV pumps up, so you buy a more expensive option. Same thing goes for the short strikes, you...

Mav, maybe you missed this post, I'd like to hear your answer too, thanks.

Mav, thanks for the comments.

Naysayers would tell you Dan is "just another guru" who teaches the "magic of adjustments" etc. That's like saying here's another culinary institute that teaches the "magic of cooking". Besides, cooking has been around for as long as humans existed and there's enough recipe books out there to...

Hi PopTart, Here's my answers to your questions: 1) I'm a newbie in that I've never traded options live before. But I do have an acceptable level of head knowledge pertaining to strategies, greeks, how dividends affect option prices, exercise and assignment etc. that I've gained from reading...

Joab, I can't really answer that question till I trade the strategies live for 1-2 years I think. However, the yields on strategies such as calendars, dbl calendars and butterflies are typically very high, and most of the time you want to be out in 3 weeks. Yields on winning trades go around...

Some other thoughts after I posted the initial post. I realize now that even if you were to give Dan's trading rules to someone who's new at this, without having access to OptionVue backtesting software and the webcasts, he probably won't be able to make it work. I learned the most from...