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    trading option pitchforks

    luck and randomness have so much to do with things its sick! thats why i always try to enable myself to have limited risk and unlimited reward through backspreads, and long vol trades...
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    Volatility trading platform

    I'm with IB and i just started looking at the volatility trader... when you say klunky.. what do you mean exactly
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    Greek makes nothing, so how can they pay off debts?

    the USA is in for its own day of reckoning... if they can't balance the increasing debt and inflation.. we are all doomed... i'm long interest rates! and long volatility!
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    trading option pitchforks

    i only trade plain vanilla american options..... i like the convexity you can create with their payoff structure..
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    Buying and Selling Options Details

    so.. how would you expect to hedge your risk if you don't know the Greeks.. or are you joking because greece is bankrupting the world?>
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    delta hedge with ITM call...

    delta hedging with deep itm calls .. google it hah
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    trading option pitchforks

    Derman.. “In physics there may one day be a Theory of Everything; in finance and the social sciences, you’re lucky if there is a usable theory of anything.”
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    trading option pitchforks

    thanks... that was quick and easy... i understand all that .. i've heard refferences to derman alot.. i've read all of taleb... i understand alot of the concepts.. i just don't get all your abbreviations... and i'm going to loiter where ever i want.. haha i'm learning! theses are...
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    delta hedge with ITM call...

    just being curious here.. thinking about potential trades... say instead of using the underlying i use a deep in the money call option... example +1 bac Jan14 call option strike price 7 with a delta of .68 -- meaning that a purchase of 1 call option would give me .68 percent of...
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    Buying and Selling Options Details

    no matter what you will be able to get in and out of the trade... thats the function of every market maker in every series of options.. BUT the bid and ask spread might be huge due to the fact that the options aren't very liquid.. meaning they aren't traded often.. If a market maker (MM)...
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    trading option pitchforks

    you guys are like the techie geeks of computers in the derivatives lingo.. haha
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    trading option pitchforks

    alternative to a risk-reversal for isolating skew... what (HF) account.. high frequency? The Pitchfork combo (PF)?? whats a pitchfork combo? rolling 30-day OTC straddle-vol??? whats OTC
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    trading option pitchforks

    The original PF was around 86 mid... whats PF if the skew is 'rich' or 'poor'.... whats it mean for a skew to be rich? high vol on the wings? flat vol-surface/gain to sticky delta.. is this referring to not much of a vol smile? sticky delta? "skew-premium" is fat or thin? again vol...
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    trading option pitchforks

    it would be nice if you guys didn't abbreviate so much... B/O calculations... etc... of course ATM at the money. etc is easy.. but you guys abbreviate all the more complex terminology! its hard to understand... we need some kind of legend.. its slang or traders lingo... i'm new to trading...
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    Backtesting with Interactive Brokers

    http://www.marketdataexpress.com/ ttp://www.ise.com
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    Backtesting with Interactive Brokers

    here are two places i found
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    Is theta really an edge?

    i personally believe that there is a certain edge created by the knowing of how to neutralize theta risk... as i've heard many people say.. you can be right but still wrong.. timing is everything.. and if your a net seller of time, volatility your bound to experience the fat tails (black swan)...
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    Should I panic about my short position on Apple calls?

    the weight of the Calls open interest to put open interest... with so much recent speculation in the stock.. alot of all the volume in the stock was related to conversions on the way up and reversals on the way down .. when people buy calls into earnings for speculation the market maker does...
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    Is theta really an edge?

    when a stocks RSI is at 120 and been over bought for some time.. i wouldn't sell puts... i would try buying them... when the market has continually taking a crap like in October.. i would be more net short volatility.. but being exposed to a complete risk of ruin is not gonna keep you in the...
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    Should I panic about my short position on Apple calls?

    BUY THE STOCK!! if you don't have enough money to buy the stock.. because you have it all up on margin.. you really are in a bad trade.. Risk management... when is a naked call good to sell.. the most risky sale indeed! only if you have to money to buy the stock! i know i'm coming in late...
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