Search results

I just saw a prezzo by a guy from Nadex where he talked about a trader who had bad habits that he knew were bad, but kept doing it. The guy went out and bought a dog shock collar, strapped it to his leg, and promised out loud, with everyone in the office listening, that he would hit the button...

$84.65 SBUX 191025P91-191115P90/191025P80-191115P75 -$0.05 $84.65 SBUX 191025C91-191115C90/191025C94-191115C105 $0.97 $92.00 Rolled the SBUX BWB out to Nov and into a synth fly at 90 with B/Es at 86/94; total 3.25+0.92=4.17. I usually avoid following other people's trades - this one was from...

Thanks, @Humble Investor... I'm fairly new to all this, but trying to learn as fast as I can. Really appreciate this extra bit of knowledge; I was aware of counterparty risk as a general principle, but I've never applied it in this context. I'm seriously weak on the fundamentals, so would...

@Humble Investor - what are you basing this on? Not doubting your info, just can't find anything (and am very interested, since I have an account with them as do friends of mine.)

I did really well today. No trades. The reason I call it doing well is that today was a day where I didn't see any good trades to take (actually came ->this<- close to doing an IC in SPX toward the end, but the premium was just a bit too low.) Before, I'd have taken a trade just to do...

"GIT MAH 10-GAUGE, Maw! I told ye them durn immigrants was up to no good!" "...whaaa??? Put it away, Maw. Git mah flyswatter!"

<shudder> Heavens to Betsy, Murgatroyd! Surely we wouldn't do anything as dastardly as interfering with their revenue growth! Starving children in Africa be damned. This is important. Jeeves! Fetch my BIG wallet!

$153.15 IWM 191018P149 $1.03 $52.00 30% is a little low on the RRR curve, but I wanted some positive action to get back in the game. $148.16 IWM 191115P143 $2.50 The comment on the first trade was rather funny, in retrospect: immediately after I got out, IWM crashed on a bad PMI report. By...

Last two days: no trades. "But whyyyyy?" Because: having to take a seven-hour road trip to deal with soulless bureaucracies that can wreck your life on a whim does not contribute positively to feeling risk-on. All concluded successfully, but now I need a large vodka with a bleach chaser.

Sine you're ignoring all the precautionary advice including mine (which doesn't bother me at all; in fact, I'm perversely pleased to see someone ambitious enough to bull ahead despite it), I sincerely wish you the best of luck. I hope you succeed beyond your wildest expectations.

Oooh, nice. Stealing. I've been looking at MAs for both it and VIX to get a rough idea of the vol term structure (to be used in further calculations.) Your approach is... a bit more directly applicable. Danke schön.

You've just described every single possible type of risk/reward scenario - which, of course, includes options. By that metric, you could also claim that 1 equals 1000000... if we're counting in quadrillions, that's true to any reasonable limit. The context here is retail trading. And within...

I'm sure you're right. Smoking hopium is the correct way to ensure that you don't end up on the street. Good luck with that. Let us know how it works out for you in a year; public libraries have computers you can use for free.

Clearly, the Earth is all one color. There's also no other variation, no movement, and everything that happens there is totally predictable. Or it could be that scaling too far out of context elides all meaning and makes everything look simple. Hmm, must give that some thought.

This may not be the best metaphor, since throwing that ball into a basket is almost completely a matter of skill. Which supports the point opposite the one you're making. I lean far more toward the (non-Gaussian, heh) probability distribution side, and consider the typical candlestick chart to...

Not saying this to be unkind, but - take the job offer. $15k is ridiculously small as an account size from which to make a living, and even the few problems that you've listed show that you're not a pro. The best professional traders average about 2%/month, or less than 30% annualized; on $15k...

I had not seen that movie. I do believe that I now need to. :)

I don't know about "fashion", but this sailor would have a hell of a time without'em. Plenty of times I've been up the mast, and having all the tools I needed was great (tool belts snag on stuff. You really don't want that happening.)

Oh, clothing. Whew, OK. I was worried this was yet another option strategy I had to learn. My poor head is bulging with risk-reversal box seagull broken-wing butterfly var swap synthetic CFD hedges already. One more tiny little thing, and I'll be gibbering in a padded room and wearing unstylish...

Have you tried just a straight-line delta calculation? E.g., the 18Oct 15P has a delta of 25, and was a bit lower when you bought it, so your option's participation in the price movement of the underlying is less than 1/4th. MSGN opened at 16.80 and closed at 16.32 on Friday, so even assuming...