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Most of my friends are successful people in their own right. Doctors, lawyers, business people, inventors, and more. We are interested in a lot of different areas so we enjoy sharing our successes as they rarely overlap others in our group. No egos involvement, just the joy of sharing triumphs...

What trading platform?

I long ago gave up with putting the last trade column in my options chain. It was worse than useless, it was distracting and consumed time I should have devoted to making my trades according to my rules.

Desktop application or browser based?

What do you mean by you can't talk about your trading. Can't in my lexicon means you are unable for some reason. Or do you just choose not to?

What instruments? Options, equities, futures, ...?

How did you determine the ToS delay?

There is no debate in my mind. If I want to communicate with others in the industry then I conform with the industry's definition. These debates are entertaining, but of no practical value.

Long iron condor

I did not trade weeklies at first. After paper trading them for a while I saw little difference between the weekly and the last week of a monthly with respect to trading credit spreads. I have benefited several times by combining RUT with either the NDX or the SPX. One was overrun and the...

You might want to research that.

I believe I covered this case in my remarks.

There is nothing wrong with the trade. I am in a nearly identical one, except I chose $20 strike difference. My comments were directed at this trade in isolation. I'll try to explain. I trade credit spreads exclusively. Forming Iron Condors is an artifact of opening the companion spread. I...

Perhaps you would like to be specific about what I wrote that shows a lack of understanding.

Your choice of shorts are identical to mine. You are in one index (RUT) and in one time frame (JUN 11). This is definitely not my comfort zone. If you trade the IC as a unit, then your cash reserve is not required to implement an exit. You did not specify your management or exit strategy...

An option contract is the "right" to do something. The buyer (long position) owns this right. The seller incurs the "obligation" to perform should the owner (buyer) exercise his right. If you were long (buyer), unless you exercised your right explicitly or implicitly by prior arrangement with...

Thanks. If you could provide the date of entry for both spreads then we can compare your entries with those we might have made.

What were your positions and when did you place them?

VIX @ 15.32 is quite low. Premiums are low. Why a straddle as opposed to my favorite; vertical spreads combined to form an Iron Condor?

Don't use price as your main criteria. I have found quite a bit of great stuff available for free. Some services to which I subscribed were great value for the price. And worse yet, some that cost hundreds of dollars a month were, in my opinion, junk.