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  1. M

    Fishy in RUT 640 Sep Option

    Yes, it is a day old. Open interest data is not real time.
  2. M

    Fishy in RUT 640 Sep Option

    OI is far from staying the same (don't forget that OI is updated at the end of the day not in real time, so the figures you were looking at were from the previous day). Yesterday OI was 17,015 on the calls and 15,523 on the puts. The volume was 15,806 calls and 14,529 puts. Today the OI is...
  3. M

    Same vehicle, Same Strategy, every month

    You are right, iron condors have been working ideally in the last 3 months. So it is not wise to judge your ability/strategy based on this time period. However, I do believe that a strategy such as iron condors can and should be done month in month out, as the overall performance comes from...
  4. M

    Natenburg's jelly rolls & boxes

    Jelly rolls and boxes are arbitrage relationships that hold the option prices together, these are not meant to be trading strategies for retail traders as their costs are prohibitive and connection speeds are too slow, thus they cannot compete with market makers and other pros.
  5. M

    Opening orders Question (I'd be surprised if someone know this)

    It depends on where that stock trades. Exchanges around the world have different opening procedures. Some procedures open the stocks in groups, so stock A may be part of the first group, while stock B part of some subsequent group...
  6. M

    SPX Weekly Options - Settlement Value

    SET is usually published around 12pm eastern. As to whether it actually takes that long for all the stocks to make an opening print or to calculate the settlement value... that's a whole different question.
  7. M

    SPX Weekly Options - Settlement Value

    Once the value is calculated it is posted on CBOE's website and you can see it under ticker "SET" with most data providers. On the other hand, if you are looking to see the lag between the actual prints in all of the component stocks and the publishing of the settlement value then you can...
  8. M

    Bias and its effect on option price.

    There are plenty of books on options pricing. The ones that come to mind and are generally considered essential for any beginner are Option volatility & pricing and Options as a strategic investment. I also suggest visiting the books section of ET.
  9. M

    Bias and its effect on option price.

    Whose expectations? Are you assuming that if a stock is in a trend then every market participant would have the same expectations? For each buyer there is a seller. Looking at the volatility smile can provide some information in terms of which options are in demand/supply, but even then just...
  10. M

    Bias and its effect on option price.

    A call and a put at the same strike are held together by the put-call parity so a call cannot trade at a premium to a put under normal conditions.
  11. M

    Vix

    Yes, they do.
  12. M

    Markets Halted!!

    It is big, it's called Labor Day. :)
  13. M

    put vs call in flies?

    The two are synthetic equivalents so it's doesn't matter which one you use. The difference comes from the slightly wider bid/ask spreads in the puts. Therefore, the basic rule is to use the one that gives you a better fill. Also, if you are not trading an ATM fly then you generally want to use...
  14. M

    need advice on an Iron Condor position

    We had a pretty strong rally the last 3 days (>5%) so there is a good chance the market is gonna take a breather and maybe even pull back a bit. Personally, I wouldn't do anything yet, except for close out the nearly worthless put spread, which only carries risk at this point.
  15. M

    Historical expiration dates?

    It's the same every month - the third Friday of the month (well, to be exact it's the Saturday following the third Friday of the month), unless it's a holiday then the expiration shifts one day to Thursday.
  16. M

    how come I do not have my IWM stocks??

    If you don't know the answer to this mate then you shouldn't be trading options at all! To answer your question, you only get the shares once your short put is assigned, and you haven't been assigned yet.
  17. M

    Options Charting

    Yes.
  18. M

    Options Charting

    Thinkorswim is probably the best place for a beginner to start.
  19. M

    risk management suggestions for credit vertical spread

    Here's a suggestion on risk management. When a vertical gets to .05 you should be buying it to close out a position not selling it to open a new one.
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