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My experience with Carlin/Generic was not good. I and the people I worked with were not new traders with little capital, so I can't speak from that perspective. Compared to (in alphabetical order) Assent, Bright, Echo I can't imagine why anyone would go with Carlin. The employees of the firm...

Read through this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=93373 Trading an underlying instrument, stocks, futures, etc. is very different than trading options. There is a reason most retail option traders lose money in the long run. If you haven't read and...

Hold on a second. You are a newbie but you are talking about selling credit spreads and letting them go in the money? I have posted before on when, specifically, you are likely to be assigned but I think it more important to caution you not to trade options yet because it does not sound like...

Seriously? His "volatility trading" has 8 losers and 4 winners for a net of -$315. Read the 2nd post in this thread again, "nail on head" comes to mind.

Well let's see, you are a "newbie" and you question whether your trade was "poorly executed" so I will assume you don't know much. You bought a strangle before earnings on a stock that just started trading so you have no way to know how it usually reacts to earnings, what IV does in relation to...

I don't know anything about this stock but your info seems a little off. First you are assuming non market makers are long those calls and bought them out of speculation, so therefore they would want to sell on the up move. This may or may not be true. Without watching the stock and options...

What underlying are you talking about? Some stocks and indices have much better option spreads than others. The simple rule when trading options applies to large bid/ask spreads as well: don't trade options unless you know a lot about them. If you understand options and have a good idea...

Oh man, thanks for the laugh. But that link should be in the joke section not the option forum. A kid who started reading about options in 98, then paper traded, and then got lucky on a few trades in 04 claims to be an expert of 9 years. Does anyone actually fall for this stuff?

db, I have watched so many people lose money trading I always feel obligated to tell retail option traders to not trade options until they really understand them and have the tools to properly value them. (Strike)*(Interest rate)/365*(days to expiration)-(dividends) Is this greater than the...

I'm sorry, and I am not trying to be negative - just trying to help, but you are being far too simplistic. Options are based on math and you need to understand that math if you trade them. Market makers do not exercise "for whatever reason" they do it when, and exactly when, it make financial...

It is a matter of interest carry cost for the market maker. I assume that an ITM Put in Dec has little if any retail involvement. The market maker will buy stock as a hedge when you sell him the Put. If the interest cost (with dividends figured in if appropriate) of carrying the long stock...

This was a futile debate between CYOF and Profitaker on a trade2win thread. You are simply going around in circles to try to show that selling options has an edge over buying them. You believe that options are not zero-sum and that, to me, is the same as saying 2+2=5. It is a pointless...

I'll bite. Who is this "veteran Option Trader"? What are his qualifications? I would bet there are members of this site who have more experience.

Artes, Alright, so you are talking about trading the VIX Futures contract, not trading options on it. Do you have access to good quotes and charts on the Futures? If you don't then you should not trade it, if so do a careful comparison to how the Futures trade differently than the simple VIX...

For the sake of efficiency can we just assume that Derivman is stating that option trading, meaning hedges and other instruments in combination with option contracts, is not a zero sum game? We would all agree with that statement and his links confirm this. OptionsXpress states "trading is not...

Artes, I am not sure what you are saying. Are you talking about selling Calls or Puts, which months? The money you should have for selling Puts should be enough to handle a move down to 10 at this point, and the money needed to sell Calls, well, the only thing I will say is don't sell naked...

gg12, First these guys are just joking about selling at option at zero, no need to respond just laugh; I thought it was funny. Second, as I said no one thinks the VIX is going below 10 right now and that is why you can't sell the 10 level Puts. At this point, to get your 40 cents, you will...

I didn't mean a simple system can't work, I meant that trading options profitably over the long run is not easy. If you find a trading methodology that works for you then that's great, but if you think that most everyone trading VIX options hasn't already factored in everything you know, and a...

"But I think a strategy can be created based on the history." Yes, I agree, but it needs to be a trading strategy with good risk and money management and careful plans as to when to get in and when to get out. Concentrate your efforts on good trading techniques each month to make what you can...

http://www.marketdataexpress.com/ These guys advertise on the CBOE website. It is not free but it looks like what you want.