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  1. W

    Why is the b/a spread so wide on SPX?

    Was looking to enter a position in the SPX, but am really put off by the spreads. Example: The Jan 1265 put: bid-18.20 ask-22.20 That's nuts! And they all seem to be 3-4 dollars wide. This is insane. Even if I could get in at the midpoint, who's to say when I need to...
  2. W

    Newbie here.

    Don't know much about Wall Street Survivor, but if you have TD Ameritrade (which I also have) why not download the Thinkorswim platform and use that to paper trade? It has a papertrade option when you login. There is a wealth of professional level tools/features on that platform. Plus...
  3. W

    Newbie here.

    Cramer is a big advocate of buying deep ITM calls
  4. W

    New to Iron condors

    droid17, I'm sure indexes are a lot easier to fill. But there are many stocks that have a tight b-a spread. I have had trouble filling my orders and just let them expire if I can't get the price I want--w/in reason. One IC I couldn't get into would've expired today and been very profitable...
  5. W

    New to Iron condors

    I use TOS also. Just go to the trade tab. Enter the symbol of the stock whose option you want to trade. Pull up the month you want. Then right click on the price over the Ask price. A menu will come up. Highlight "Sell. Then another menu should come up Vertical, Calendar, Iron Condor...
  6. W

    Whick broker will give you approval to trade spreads?

    That's odd. I'm with TDA and was approved to trade spreads, maybe 5 years ago. I didn't have a high net worth (it was negative but I think I listed it at 10k or so at the time), and no experience trading spreads at all. :confused:
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