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  1. X

    What's the best spread?

    What's the best spread for this massive dip & VIX spike? Bull call spread? Credit put spread? 1/3/2 Bull BWB? Short Bfly? Experienced volatility traders, please chime in.
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    IB - Time for drug testing yet??

    read closer drug addicts - big money in relation to advertising
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    IB - Time for drug testing yet??

    I closed an account at IB a few months back - failed stops, conditional orders, and the most frequent, a deletion of all saved pages and scans. I decided to give IB a chance and start a new acct- but the new account screen sent me into a continuous loop! I wrote IB and said I'm trying to...
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    Ultimate BS Jobs

    What are the ultimate BS jobs out there? Which job has the maximum slouch ratio? Minimum moving on average? Best return on no investment?
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    Possible to become a success with 5k?

    "My main question is that I have 5k in capital right now and would like to hear any suggestions as to how best to get started in increasing my wealth." 1. get "New Trading Systems and Methods", Kaufman, read it cover to cover, twice. See all the videos on...
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    What did you learn this year?

    Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are...
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    IB Failed Conditional Orders

    elaborate
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    Vix at historic lows, similar to Japanese Bonds at 0.4%?

    a vix put vertical (credit spread), for example -1 11 PUT +1 10 PUT has only $100 margin per contract above. With the VIX at 9.8, the current month VIX futures (VBI) may be at 10.10, maximizing the r/r on the above spread, i.e. closest to 10 as possible remember that the vix option is...
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    SPX Credit Spread Trader

    Has anyone tried expiration week credit spreads? I.e. the short strike just slightly above spot to scalp premium. Suited for bullish drift, declining volatility. Example with closing prices on ES: ES Futures @ 1404.25 + 1400 ES NOV PUT 1.45/1.7 - 1405 ES NOV PUT 3.2/3.65 This is...
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    I'm sick and tired of work! :)

    the best book out there on career change is here here
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    Housing Soft Landing

    when are you guys gonna get it - people don't work anymore - they just extract credit card advances and home equity
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    Option Income Portfolios

    [meant] I looked at short straddles on the ES per IB's b/a spread history during the May slide - I saw massive b/a gaps as well as a failure of the call IV [edited] to hedge the Put IV differential -bottom line I was not sure how to predict the varying put/call IV with the simulator. I don't...
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    Option Income Portfolios

    exc replies above, great stuff. I looked at short straddles on the ES per IB's b/a spread history during the May slide - I saw massive b/a gaps as well as a failure of the calls to hedge the Put price differential. I don't know if this is just IB but I am just too ignorant to know if this is...
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    Option Income Portfolios

    Great replies and many thanx - if I''m not being too nosy may I ask what are your bread 'n butter spreads?
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    I´m very worried

    "I it have proved almost everything, systems, strategies with risk / remuneration 1/3, with 1/1 trying(meaning) that the fiability was high, scalpping,etc But I do not manage to start gaining money." I think we all go around feeling that we are world-class hedge fund managers, placed on...
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    Option Income Portfolios

    Thanx you guys - I have been following all of your posts and have learned much of risk management and trading strategy from you. But I am curious as to the actual breakdown of the portfolio composition for option income traders. For example, based on my limited trading experience and exhaustive...
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    Option Income Portfolios

    Searched but found no discussion on this topic - 1. What is your annual composition of option strategies? For example, do you trade 20% butterflies, 20% calendars, 20%short verticals, 10% exotics, 15% diagonals, keep 15% in cash etc. 2. What is the approximate % revenue attributed to each...
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    Option spreads on GLOBEX

    tplast - ditto exactly. I've even watched the quoted bid drop below my LMT price for the spread - I have never ever received a fill on the ES or NQ emini futures options using a GLOBEX spread. It may be specific to this product but who cares really. Just my experience but it works better for...
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    Calendar Spreads

    placed -3 SEP ES 1325 P 16.5 +3 OCT ES 1325 P 21.5 +1 132 OCT SPY P just a 2 week spread Potential gain @ exp: $2k for constant IV Risk: $1.7k Breakevens: 1308, 1342 Adjustments: 1312, 1338: Adjust to delta neutral with SPY puts/calls 1308, 1342: Remove position, reassess.
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    Calendars on Q's

    Not buying the calendar every two weeks, just when a quiet period predicted. Using the higher theta of the near-term EW/ES. Optioncoach has been doing similar w/other spreads: 08-24-06 01:13 PM DIAGONAL POSITION UPDATE Sold 135 AUG EW 1315 Calls @ Average Price of 1.83 Credit =...
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