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so vol never increases when prices rise violently? and if a stock is moving sideways, and whatever tool(s) i'm using indicate a drop in vol, that doesn't tell me anything about the fly's I want to trade?

personally found this post helpful since I don't go to that section of the site

Hey, so I thought the point of vol forecasting was to predict whch direction vol would go then place the appropriate strat (fly's, ratios) to profit fom this I'm reading Sinclair's book, and it looks like it's more involved than that: delta neutral trading to lock in profits. Was my...

Awesome, thank you. You've just saved me lots of time and some money :)

Hello, I was wondering if there was any value in this book? I've read options made easy, options as a strategic investment, option volatility and pricing, and (at this time) will soon read Cottle's book. Is there any additional information about these strategies that is not already...

buy intrinsic value fight time decay buy buying a few months time and/or buying slightly ITM close any long position with 1 month left or you can trade verticals. So within a certain price range, your short contract's theta is larger than the long contacts negative theta, so your...

Yeah the first reply cnfused me as well. It depends how agressive you want to be. You can short a fly, long straddle, or as mentioned above, long strangle edit: ok person above was more helpful

That's pretty cool... must have been happy when you heard they opened a Canadian arm! I really hope TOS can do Canadian equity and equity options! What i'm worried about (like you) is the commission structure. I've honestly learned this game a lot faster with TOS, and I hope I can continue...

this is awesome.. i never thought of that... legging in through verticals... I've legged out through verticals but never in. thanks spin! learned a lot through this actually.

okay, I watched the tutorial, I was missing clicking the EXP button

This is awesome! To evaluate options in future months... Do we change the days to expiry? I tried some butterfly on sc for April, but I couldn't get it to show profit ATM. So I must be doing something wrong.

Wow... Thanks John, that was extremely helpful. I'll incorporate this check/calculation on my next fly's. I didn't look too closely at the spreads when I entered the butterfly, I was too worried about all the other things I check. Now I know! I trade butterfly's on one of the Canadian...

I waited until the price was close to my purchase price... "split the bid?" :/

if anyone cares (probably not) I closed the position for a small loss it was a 100/105/110 MAR put butterfly I'm still confident it would have worked, but the spreads were giving me fluctuations in valuation that were unacceptable for an underlying with such a low vol anyways, it was...

ok it's def the b/a, they weren't like that when I went long. i'll feel more comfy exposing the position once I close the trade.

the b/a can affect the price that much!? that's a lesson for me I donno... prices weren't fluctuating much when I got in... I calculated break-evens based on my limit order and got in where I felt comfortable. thanks for the info!

Hello I'm long a March put butterfly on the LQD ETF. The IV and HV is very low, but this thing fluctuates like crazy... two days ago, my position was down $1.5, then it was up $1.45, now its down over $1.00 The underlying hasn't moved enough to generate that kind of move in price...

well... you could sell a call and a put at the same strike... :p

this is a volatility strategy... so you should be very up to speed on this IMO. if you're long a straddle, you're expecting an increase in vol if you're short, you're expecting a decrease or for it to stay the same worst case. which month and strikes will all depend on what your...

don't put a market... i learned the hard way. served me right though.