Search results

Your proposal is flawed from an efficiency and cost perspective. All you are doing is opening a synthetic put of sorts and paying double commissions to do so. Just open a margin account and sell naked puts but for a quantity of underlying shares for which your cash completely covers. Do not...

Never actually done this in the real world and have read conflicting data online. Could not find definitive language either. But lets say you sold naked a bunch of puts at the strike of $20 with an expiration nearly 2 years from now. It is then announced that the company is being bought...

You had me at SDLI. Used to trade that monster. Remember when it was announced that JDSU was buying them? OCLI was another one. Joe Batts really loved JDSU. Always good for a $10 pop whenever he would come on the tube and start talking about it. I remember an interview on TV where a guy was...

Do you favor a particular ECN? Awhile back when I looked at the rates NSDQ was something like .0023 for adding. NYSE was .0015 for adding and EDGX was .0026 for adding.

No anyone can do it. Rebates will vary depending on where you route the order. As long as you step in offering shares (not taking out the bid) or bidding for shares (not taking out the ask) and get hit; that is all you have to do to earn the rebate. Which brings up another point; say if you...

Can you amplify at all on your specific strategy or what a typical trade looks like for you in terms of when you get in and get out? Do you find you are better off with super high liquid stocks that have tight spreads and large volume in terms of how long you are stuck holding a long or short...

Automatic assignment for any option call or put by the OCC in the money by .25 of a point or more. If you are specifically seeking this maneuver out because you think there is a chance it could not get exercised, it would be a complete waste of time.

Exactly. Leverage is a personal choice. Whether you want to sell naked puts that you do not have the equity to cover for assignment vs. selling naked puts for which you have secured by cash for assignment is up to the trader. Essentially selling a naked put for which you have cash secure for...

There is no implication whatsoever. If I have $10K cash and my goal is to derive income from this amount of money and I am looking at buying 500 shares of a $20 stock to sell calls against vs. selling 5 naked puts and staying in a cash secured position, its the same thing. Just because...

That is due to leverage, not the strategy. If your goal is income and are putting on a new position from scratch, the naked put is a superior trade because you will net more $$ not only by the price fill of the put vs. the spread on the long equity/short call but also by saving fees on not...

Initiating a brand new position to merely go long stock and short calls is an inferior position for many reasons that I will not go into since its been talked about here a million times. You should just simply sell the equivalent of uncovered puts; not to the point where you over-lever yourself...

I do have one little tidbit to share with this thread. If you look at the CFA trend in terms of a steady rise/increase of candidates and ultimately new members, the evolution of a much more difficult testing process/environment only makes sense and is logical in order for the organization to be...

Stock free falling A/H @ $1.91

Still on sideline, but you would think I should know by now >> Whenever the premium might be tempting you to sell, you should always buy. $2.50 Aug puts just busted .80/.85 spread so taking the ask price above @ .50 would have yielded you an incredible 60% gain in less than 2 hours...

At least I was not the only one. Very interesting options action right now as stock price flirts with new lows. Aug $2.50 puts spiking to a new high with a tight spread. .45/.50 Torn between selling or buying right now. Will let it play out a bit more.

Here is a good example of why it pays to really dig in and seek out most current financial statement filings in a most timely matter. Yesterday was quite busy and took a quick glance at KCG @ Yahoo Finance. According to the stats, $7.5B in cash with a little over $5B in debt. I figured they...

Thanks for your consideration. Appreciate it. The setup is only a few days old, so unfortunately I did not configure "time machine" yet. I actually have a whitelist on a different setup, but figured since I was going to be so OCD about this new setup and was only using a limited amount of...

This is utterly so annoying. I finally got a set up completed with a new Mac computer all by itself on a secure network via router, etc. The only purpose of this machine is for financial related purposes, i.e. trading, bill payments, banking, etc. I have a completely different setup for...

If your strategy is long stock shares and short SSF contract, and your goal is highest possible rate of return, are you better off going after EFP scenario with highest bid rate or lower bid rate? (I noticed that the lower the stock PPS is, usually the higher the bid rate is. But I imagine...

You might want to try this app out. http://apps.finra.org/Calcs/2/AccruedInterest