Search results

I've got a trade that's deep ITM right now, but when I glanced at it today, I noticed that the extrinsic was almost exactly equal to my negative P&L on it. I.e., if I got assigned on it today, it would break even instead of taking a chunk out of my wallet. That would be almost as amazing as...

Yah, they're a (minor) ex-competitor of the big data companies I used to work for. Good for aggregation and analysis on log files, and relatively lightweight on system resources; not so much with validation, cleaning, or any sort of serious analytics use. More of an end-user tool with lots of...

Hey, TBS - great to see you here! There are a few people in this forum whose posts I read extra attentively; I've been learning a lot from yours, in your earnings thread and elsewhere. While I would LOVE to be able to trade like dest, I suspect that getting to his level of knowledge and skill...

I think I'm missing what you mean by "fly the differences of those"; I thought I did that by rolling the 60-61-62 down to 59-60-61 and looking at how that process worked. I appreciate the vote of confidence. :) Ah. You've caught me philosophizing out loud. And yeah: while I am very strongly...

The strategy bit - funny that you mention it now; they're all starting to make more sense, all of a sudden. Maybe all this theoretical knowledge I've been piling up in my head is combining with the practical experience I've been getting... that sounds about right. Good grief, it's about time...

Non-wheel: $274.50 NFLX 191018P240/245 -> P250/255 $0.50 Rolling up the put side; total credit now 2.77 on a 5-point wing spread. $293.85 SPY 191111P285 $3.05 Missed the spike in ROKU this morning; would have been nice to sell a higher-strike call at that 110.80 high mark, and maybe get out of...

I used to have an Ebay/Amazon biz, and one of the sleazy-but-effective methods to ramp your initial entry or new product rollout volume was to hire an Indian or Russian review-generator company. I've never used them, but the verbiage that either one produces is trivially recognizable -...

The key perspective shift that I got from all of my experience with these (frankly, extraordinary and world-changing) tools is that, while correlation is a weak and fragile reed, it provides a MASSIVE amount of leverage when applied over large-enough data sets. And - perhaps even more...

Just pull down the price menu and enter your bid. I can't remember the last time I did a market entry... oh, right, you're paper-trading. That might be the problem. Don't know about Tradingview, but TradeStation doesn't let you do price discovery in sim. You hit the bid, or you don't get filled.

Is there ever a reason to use a limit order for a stop loss on any asset class? Nothing comes to mind for me. The way I learned it is exactly as you're describing - a really bad idea. Market only. Limits are for entries and profits. (The seeming implication that it worked back in 2017 is why...

I saw that in their financials, but wasn't sure which way that pointed. Thanks, @comagnum - good info!

Google - via 'lehman brothers stock chart' - is your friend.

Let's see... what would be the opposite of "damning with faint praise", now... It may be that, for someone whose resources are well diversified - someone who, in short, does not have to give a damn about a single account at a single broker - this would be annoying but not significant. For the...

Hey! Cut'em some slack, wouldja? I mean... how do you expect them to manufacture Drama, Mystery, and Outrage for consumption by the gullible public without poetic license? (Besides - credit where credit is due. It wasn't "Former Porno Star Vixen Found Dismembered In Peter Thiel's Basement", so...

Da fuq?... I'm not a big equities guy, but every equities trader I know (that's not a huge number, but some) trades them. Lots of them use TA, S/R, and lots of other dark magic to interpret what they see. If you leave that book in your bathroom, it may yet come in handy. At least if the paper...

I'm a bit unsure of some of those usages, but I've heard "sit on the ask" used (although "sit on the bid" seems to be much more common.)

Yah. True dat. Hard as the knowledge-based parts of this have been, that internal part has been miles harder. If you don't have the character for trading - or can't taking a wrecking ball to what gets in the way, and rebuild the remains into what's necessary - then don't waste your time. (Side...

Talk to one who deals with weight loss or alcohol/drug problems. Same kind of compulsive behavior dynamics. "Every child in the world imagines that its fantasy world is unique to itself. Psychiatry knows that the joys and terrors of private fantasies are a common heritage shared by all mankind...

$148.96 IWM 191115P143 -$2.00 $50.00 20% up on a trade that far out in time is WAY over the RRR curve. The new approach seems to be working. I'm still fiddling about figuring out how much risk I can take vs. my account size; it's... kinda nebulous. But it still has an impact, and it's...

Go talk to a psychologist. Seriously; that seems like the smartest move you could make right now. Compulsive behavior that's losing you money? I'd be on that couch like a shot.