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  1. OTM-Options

    Equivalent Bull Call Spread Position

    Hang on to your horses buddy, don't count your chickens before they hatch. AAPL had one good day in a week and you want to "lock in gains" - my guess very meager gains if any. With a restriction like a 30 day holding period and option debit spreads you don't have much choice but to ride them out...
  2. OTM-Options

    Neg covered call

    Has the stock gone down? You "might" have to close the trade to prevent additional loss. Has the stock gone up? You "could" wait till expiry and let it play out. Decisions,decisions, decisions. Welcome to option trading. You can't "adjust' losing positions into winners or break-even without...
  3. OTM-Options

    Call spread

    The short call will be like having piano tied to your back. It's best to buy an ATM/OTM call only. :)
  4. OTM-Options

    Neg covered call

    I assume the stock has appreciated enough so that the short call is higher in price than when you sold it, if so: I would hang on until expiry. If the stock is called away you might have to reconsider covered calls. If the stock plunges you might have to reconsider covered calls. Covered...
  5. OTM-Options

    IB Canada: Not so Cheap

    With BMO Investorline the maximum commission is $35.00 if the order is under $2,000 :)
  6. OTM-Options

    Does Technical analysis tell you anything about upcoming earnings?

    AAPL, FB, TWTR pre-earnings performance compared to the post-earnings performance can be applied to any number of stocks and any earnings season. There is no correlation between pre and post earnings performance. :)
  7. OTM-Options

    Does Technical analysis tell you anything about upcoming earnings?

    AAPL, FB, TWTR good pre-earnings performance, poor post-earnings performance. :)
  8. OTM-Options

    AAPL earnings on April 27 ----- Summary of my three GOOGL trades

    Bad week for AAPL and the market. My AAPL May15 138.00 call is down to $0.13 (from $1.98) and I doubt it will recover during the next two weeks. The tally for the 4 trades I posted to ET in real-time is: Total Debit: $460 Total Credit: $150 Total P/L: -$310 (Commissions not included) 1 AAPL...
  9. OTM-Options

    Python - Read and split lines from text file into indexes.

    Thanks globalarbtrader. I was editing my post #13 when you posted all the code in post #12. I'm going out now and will review it in a few hours. :)
  10. OTM-Options

    Python - Read and split lines from text file into indexes.

    Thanks globalarbtrader. I'm going to try and avoid any modules, including the math module if I can. Below is a what I have so far, it's 60% complete. I hard coded one line of data into the script and it writes the manipulated line to a new CSV file - now I have to replace that line with the...
  11. OTM-Options

    Python - Read and split lines from text file into indexes.

    Thanks for all the replies. I have included the actual CSV data I am using to give you a better idea how it is formatted. My objective is: Read the file line by line. Break each line at the comma into it's own column or index- index[0] index[1] index[2] ...... index[9] Preform basic math on...
  12. OTM-Options

    Python - Read and split lines from text file into indexes.

    I think of a CSV file as: A limited amount of "columns" separated by a character, in this case a comma. Unlimited amount of "rows" which break at the new line character. This creates a spreadsheet type format with columns and rows. You should not need a special CSV module to manipulate data in...
  13. OTM-Options

    Python - Read and split lines from text file into indexes.

    OK .... Thanks for the replies, I'm new to Python and have made some progress on this project. Coming from PHP the Python CSV module seems to be unnecessary. With PHP you can easily read a file line by line and split the lines at any character into an array of indexes - manipulate that array and...
  14. OTM-Options

    AAPL earnings on April 27 ----- Summary of my three GOOGL trades

    AAPL at $128.64 Another down day on the markets, and the AAPL May15 138.00 calls are now at $0.29 with more than 2 weeks to expiry. Position still open. :)
  15. OTM-Options

    Python - Read and split lines from text file into indexes.

    Python - Read and split lines from text file into indexes. I have a text file with hundreds of lines and 10 columns of data separated by commas. I want to split the lines at the commas into 10 indexes and access each index individually. The code below only works on the first index - items[0]...
  16. OTM-Options

    Tesla home battery for traders

    How about a cheap Walmart car battery, charger, and 12V DC to 110V AC converter for the PC and one light? :)
  17. OTM-Options

    AAPL earnings on April 27 ----- Summary of my three GOOGL trades

    Position still open. AAPL at $130.56. 1 AAPL May15 138.00 call down -75% -$150.00. 2 1/2 weeks to expiry. Paper Trades (for comparison) 1 AAPL May01 138.00 call down -95% -$132.00. 4 QQQ May01 111.50 calls down -80% -$128.00. 3 days to expiry. :)
  18. OTM-Options

    TOS Margin Test.

    Your buying power is limited to cash in your account when it comes to options with TD Ameritrade - and I assume all brokers. $2000 account = $2000 or less buying power when it comes to options. :)
  19. OTM-Options

    AAPL earnings on April 27 ----- Summary of my three GOOGL trades

    With AAPL up $2.40 I have decided to move the strikes up $2.00 to 138.00 and buy the May15 calls instead of the May01. AAPL at 132.68 Bought 1 AAPL May15 138.00 call at $1.98. Filled at 11:49:28 ET. I plan on closing the position sometime this week. Paper Trades vs the Live Trade (for...
  20. OTM-Options

    AAPL earnings on April 27 ----- Summary of my three GOOGL trades

    Excellent post. I have always gone with the weeklies even during earnings but now I might make some exceptions around earnings. I'm going to think about the June05 136.00 calls tonight and then decided on Monday what to do. :)
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