Search results

  1. Q

    Free book from IB

    I didn't get a book, but I must say that is pretty cool of IB. I never got sh*t from my broker, except retarded explanations from ignorant customer service reps; who couldn't explain the difference between OTC and listed stocks. Is the book any good...?? Ever get anything else...
  2. Q

    Interest Rate Options Help!

    There is no malice or self-interest here... just trying to get educated. If you read the original post you will see that I understand the lack of early exercise... I will not hit the offer because I do not believe they are "stale" quotes at all. It may be that they are indeed stale...
  3. Q

    Interest Rate Options Help!

    Sounds logical... can you hit the offer and prove it? Should have pleanty of edge if you are right. My guess is that it fills and doesn't move the offer at all... :)
  4. Q

    Interest Rate Options Help!

    The first I thought when someone told me there was a June 40 P was they must mean Jan, since it is a leap. It is definitely June. they have a different expiration cycle too apparently... The Jun 40 P should have at least 15 dollars of intrinsic value if the underlying were trading 25...
  5. Q

    Interest Rate Options Help!

    Lets look at FVX - the 5 year note T yield. FVX JUN 40 P = 9.00 x 10.20 FVX = 25.35 I do not understand the reason that these options trade below (what would be) parity if it were an equity put. I think it has something to do with the yield curve, the fact that these cannot be early...
  6. Q

    Option trading programs...

    Does anyone use one of the option programs, where they email you recommendations on what to trade? Do any of them work and if so which ones? Are most of them scams? And how much do they charge for this advice? What is their basic strategy? (I assume it is fairly simple if they apply it...
  7. Q

    Backup or Replacement Futures Broker to IB

    I have been using PreferredTrade for trading the ES futures. They have been very good so far. Customer service time was good the one time I called. Preferred is new to futures and only offer ES, NQ, and YM So far they have been fast and reliable. Seems alright... but I am new to...
  8. Q

    NYSE question

    I think the rule is 20 minutes before the close to submit an order or cancel an open MOC order. Then you have 10 minutes (3:40 - 3:50 EST) to ask for an out if based on some legit reason (e.g wrong symbol), emphasize "ask." No outs are given during the last 10 minutes before the bell...
  9. Q

    Federal Funds Futures

    Thanks for the info... The FF value then reflects the average daily price of the Fed Funds rate for the month. I am still not sure how people arrive at a statement like the FF have factored in a 30% chance of a 1/4 point move. Lets suppose that 15 days have passed and the rate was...
  10. Q

    Federal Funds Futures

    I have some questions for anyone experienced with Federal Funds Futures. First... I thought they were on the CME but I cannot get a quote? What is the symbol? FT? Second when people say that the Fed Fund futures have factored in a 40% probability of a rate cut by a certain month, like...
  11. Q

    Hot Keys...??

    I am thinking of getting the foot pedal version of XKeys so I can practice the banjo while I trade.... :)
  12. Q

    Hot Keys...??

    Can you use XKey with any software or just the ones on their site? Thanks, :)
  13. Q

    Hot Keys...??

    Do you set these up as F(keys) F1, F2 etc... Or as (Shift + Keys) e.g. shift+B?? Thanks again, :)
  14. Q

    More Bullet Questions...

    It is true that the hedge is basically a deep in the money put. But what allows you to sell long stock (and not short stock) is the fact that you pick up long stock on the conversion. The calls have no value and the puts are always exercised. When you sell the long stock against the...
  15. Q

    Hot Keys...??

    I have heard people say hot key trading in invaluable to trading futures. I have just started trading futures (eMini GLBX) and was wondering what type of functionality people use the hot keys for? e.g Buy offer Buy bid etc... Thanks, :)
  16. Q

    More Bullet Questions...

    How do they appear in your positions summary? e.g long one Bulet or Long Stock, Short Call, Long Put You are confusing bullets with conversions It is my understanding that a Bullet is a over-the-counter, conversion with 1 day til expiration. The long stock of the conversion allows for a...
  17. Q

    More Bullet Questions...

    I have a couple of quick questions regarding bullets... How do they appear in your positions summary? e.g long one Bulet or Long Stock, Short Call, Long Put Do bullets usually come in increments of 100 (shares of stock) or 1000 or are they adjustable? Do the shorts stock positions...
  18. Q

    Would you like a SMART routing option which ignores ARCA?

    Anyone want to rank their favorite routing choices?? ARCA INCA ISLD SuperMontage etc... How would you build the smart router? Maybe we should demand the businesses let us build our own smart routers within their routing abilities. Design your own "best execution"... Ciao... :)
  19. Q

    Symbollogy ES3H or ESH3

    Are there any thoughts out there to the futures symbollogy? I personally like the number between the month and symbol so it breaks it up a bit. Does anyone know what the industry standard is? Thanks, :)
  20. Q

    Would you like a SMART routing option which ignores ARCA?

    ARCA has a problem with orders being sent during a crossed or locked market. ARCA just rejects orders sent during this time, where other ECNs (INCA) may adjust the price a penny above the locked price. Companies with direct lines may not be set up to handle that reject message and it may give...
Back
Top