Search results

Thanks for the reply. I'm not expecting a big deposit. IB deposits a small amount (probably $0.01) to confirm that the bank account is real. As soon as they accept it, I can deposit my money at IB.

Hi all, I want to connect my bank account to IB. I was told that I should expect a small deposit from IB in my bank account within 2 days of applying. It's been 4 days and I still haven't received any deposit. Does it typically take longer than 2 days to deposit money to my bank account? Thanks

Hi everyone, if I want to trade long neutral butterflies on a weekly basis, when should I close out my trade to avoid assignment? Someone of thetagang told me to close out the position no later than Wednesday. Do you agree? Thanks

FYI, you can get this audiobook for free when you sign up for a 30-day free trial at Audible or Audiobooks.com. You get to keep the audiobook too even if you cancel before the free trial is over.

Thanks for the reply OptionsOptionsOptions. What would be a better spread given the earnings risk? Would the 24/27/30 spread be better? The problem with that is that the 24 strike has a volume of 2 with a 15 cent difference between the bid and ask. Back to one of my question from the opening...

Hi guys, I want to trade the 25/27/29 long neutral butterfly for T (expiration Feb 18). There's no ex-dividend risk (it was on Jan 7) but the earnings date for T is Jan 26. 1) Does the risk of assignment increase because of an upcoming earnings date? or do I only need to worry about the...

Hi, I'm interested in buying a bull call spread for NVDA. It's the Oct 15 $222.50/$225. Current price of NVDA is $223.85. According to Options Profit Cacluator, the max profit is $125 and the max risk is $125. I won't make the full $125 until October 15 (at expiration). Is this accurate? If the...

Hi guys, I'm new to options trading and I'm curious about what these numbers mean. I'm looking at the puts for AVY. I'm looking to sell a put for AVY. For the 190 strike: the open interest = 7, volume= 1, bid size= 120, bid = 0.25, ask = 2.50, ask size = 147. Is the bid size large enough...

Thank you for the reply rb7. Sorry if this sounds like a dumb question, but what's the point of using leverage? I know it can increase your return but it also increases your risk too. Why not just trade with cash only? Thanks

Hi guys, I've got a question about trading on margin with stocks. Let's say I want to trade the stock ALLY. it's current stock price is $53.41. With an 8% stop loss, and if I risk 1% of my account (in this example I have $10,000 in total assets), I can trade 23 shares. How does margin enter...

Could I just add a high EPS rating from IBD? So it would like this: 1. The current stock price is above both the 150-day (30-week) and the 200-day (40-week) moving average price lines. 2. The 150-day moving average is above the 200-day moving average. 3. The 200-day moving average line is...

Thanks for the input. I have another question. According to William O'Neil, founder of Investor's Business Daily, when a stock advances in a bull market it will advance 20% on average after breaking out of a base before going into another intermediate-term base. Would you buy a stock that meets...

Hi guys, Mark Minervini talks about his trend following template in his trading book. It looks like this: 1. The current stock price is above both the 150-day (30-week) and the 200-day (40-week) moving average price lines. 2. The 150-day moving average is above the 200-day moving average. 3...

Hi guys, thanks for the info. I just found out that Barchart has a bullish engulfing pattern candlestick scanner. https://www.barchart.com/stocks/candlestick-patterns/engulfing-bullish

Hi guys, is there a way to find engulfing bear/bull candles for stocks without having to scan hundreds of stocks? Do you know of any scanners that do this for you? Thanks

Hi guys, I read a guide on covered call writing that said the best stocks for covered calls are the "slow mover" type. eg Verizon, General Mills, General Electric etc. Do you agree that these are the best stocks to use for covered calls? Or are growth stocks better? like Paypal or Nvidia...

Which type of price graph do you prefer to use for stock trading? When I look at the daily chart for D. R. Horton Inc (ticker DHI) on Investors.com (IBD) and compare it to the TradingView chart, the charts look dramatically different. Is there an advantage to using one over the other?

Hi guys, I'm a relatively new trader. I've read in trading books (eg Market Wizards) that a trader should risk about 1% of his capital on any one trade. But I've also read in William O'neil's books that you could risk more than that. Here's an excerpt from an IBD article on position sizing...

Thanks for the reply. I was thinking about combining his entry criteria with the following Investor Business Daily sell rules: Take profit at 20-25% Set a stop loss at 8% below the entry price. Do these rules sound good to you?

Hi guys, Have you heard of Mark Minervini's stock trend following system? Buy the stock when: The current stock price is above both the 150-day (30-week) and the 200-day (40-week) moving average price lines. The 150-day moving average is above the 200-day moving average. The 200-day...