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    total noob.. want to change USD to AUD for stock...

    thanks Jack, really appreciate your help!! damn that is cheap! like dirt cheap I do have IB, I just trained myself on the mobile app as I was traveling for two years, and was easier.. so what I'm doing is getting the TWS and loading it tonight then having a look around to check out the...
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    total noob.. want to change USD to AUD for stock...

    thanks Jack, yeah through investor visa you have to hold certain percentage of money in "Australia investment" so was gonna do straight bonds, but AU isn't big so not many US ETF that I could just pop in.. yeah I think it's overvalued also... wow, so 400 is amazing.. its also IB charges a...
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    total noob.. want to change USD to AUD for stock...

    hi guys, first I use interactive brokers.. second, total noob question as I might relocate to AU, but through investment they want certain percentages of AU stock... so my big question is converting say 11 million USD to AUD, can I get actual mid market rate when doing a currency conversion or...
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    What's the symbol for US Nikkei ??

    hi guys, reading the CME brochure, the symbols don't pop up.. they say NKD and for outcry NK, but the NKD won't pull up an options chain for me, only futures spread. then state for futures options the symbols for calls are KN, then puts are JN.. nothing on those.. any help, as I like trading...
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    All “losses” are wash sale correct?

    hi guys, I wonder reading on wash sales.. all short term options ( under a month ) would result in a wash sale if you say closed whatever you had and sold for a loss? Is that correct in my thinking? From what I understand you can’t purchase an option under 30 days and it be considered a tax...
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    ¿how good would faang stocks be to be buy options on? ¿are there better alternatives?

    a fang stock is no different then any stock you want to buy a call on
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    What's your experience in the industry?

    Maybe it’s just me and my opinion. But you seem to be blaming everyone but yourself. No one teach you.. then go Fing learn the hard way. Books. You tube. Reading. More research. Back testing ideas. Seems like you could learn a lot from losing that much money!!! Shot I’m sorry but I wouldn’t...
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    Who sells .01 contracts !!! ???

    Sure. I guess maybe they are selling to close a losing bet to get out to be free to enter another trade??? Beer. Would be happy to hear an explanation of delta hedging if you like to explain. I’m all new. I usually just sell puts with about 25% calls as I find I’m better at guessing price...
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    Tasty Works, $10 flat fee for option traders

    Well I’m not good at Math. I would think the margin difference would eat up all those savings. I personally pay usually 120 a day for margin fees. I really have never looked at commissions as as when you take in 10-50k a week. what’s a couple hundred in commissions. I should tighten my game but...
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    Who sells .01 contracts !!! ???

    Hi guys. Maybe I’m slow. But I still can’t see the reasoning whenever I see .01 contracts out there. I can see from the buyers side. As that is very attractive bet although usually a lightning strike bet.. I can’t see why anyone would accept the risk. And there is nothing to gain after...
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    NDX settle dates question.

    Hi guys, I started playing with NDX options, and wondering.. I sold some puts that were dated nov 22nd ( Wednesday ). my question is why are they still in my portfolio if they should have expired 23rd ( Im guessing one day to settle price? ) ?? was it just holiday and they normally are out of...
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    Options for bear market ( pun intended.. )

    Very true. I don't know 100%. I would be going off of some old info from Jesse Livermore. Does it apply. Don't know. I guess if you're right you call it instinct. If you're wrong you call it bad timing. I will make a gamble as this market is long and with everyone ready to jump ship on some of...
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    Is selling options before earning Good Strategy?

    I commend you for telling us the pain and for others to learn. Takes a big man to admit defeat
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    Is selling options before earning Good Strategy?

    Can What your talking about after those percentages they drop to a penny. After commissions and risk that's nothing. I've found the market tends to mostly price things pretty correctly in the levels. It's why I sip and take pennies vs. gambling having to be on the correct side. The only way...
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    Options for bear market ( pun intended.. )

    I hold no stock or anything. Cash. As I sell weekly premium... So I do understand those who got in before the drop make mega. But can you make buying them 20% down and selling off after say 40% decline? When you say they are expensive, won't they just become more expensive? What am I missing here
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    Options for bear market ( pun intended.. )

    hi guys New to options.. well sorta. Wondering who has been through a bear and can explain or tell more on volitlity during a downturn. Logic just says at 20% drop get in some stocks and buy puts and pull at 40-44% drop. But experience tells me that doesn't equate with vol. and time decay...
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    Good Options trading course

    Here's on that will cost but returns more in experience and gained knowledge The stock market. Seriously stop reading books and shit and go buy a call or put. That simple. Feel your heart sink then feel the rush like a rollercoaster next day and rinse and repeat. Actually. Wanna get double...
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    What moves my account after selling options?

    Thanks. I use. Interactive brokers IB. I guess the tab I look at is under funds and says current available balance. That's what I look to see if I'm standing positive or negative at end of day..
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    Why is SPX more popular the NDX for premium ?

    Thank you guys. The problem I still have is even and this can't be an equal even as I am no mathematician. I use what I call "safe zones" and even comparing the two. In the safe zones of each. They don't even match up if one could equally match them. I find the strike zones for SPX end far...
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    What moves my account after selling options?

    hi guys. Had a question as I like to take my account to "max" which then usually accounts in margin calls. I use to keep 1/16 of my money free for this fluctuation but then noticed most the time it was wasted sitting there. Or if I get margin calls the buying back is cheaper then what I bought...
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