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  1. tommcginnis

    Question about risk/reward

    No, you absolutely are not. Your post contains too many errors to disentangle, but you *are* aware of risk(s) and return, and that is way good. As far as videos go, the Options Industry Council probably still sponsors webinars through Interactive Brokers -- they're free and on the web. Russell...
  2. tommcginnis

    Question on Eurex Combo Execution

    "Rains"? Liquidity is just not your subject, is it. :wtf: ("Not liquidity of any sort.") :D :p :cool:
  3. tommcginnis

    Question on Eurex Combo Execution

    D.M.A. :banghead: If you have no volume, you have no market. If the last quote was $29????? For an OPTION ???? Before you spend another keystroke in disparaging IB (or in hiring some lawyer, who'd love to take your money in this 100% loser, cuz it means he has NO work in front of him).... You...
  4. tommcginnis

    Inflation ideas

    Take a vacation. Sit on your cash. Limit your intake of news/world events. Relax. Three or four weeks from now, come back with a freshened outlook and take in what's going on. Look for opportunities that were not available now. Act as prudence dictates. Do NOT rush a trade. (finger wagging in...
  5. tommcginnis

    Naming the company

    If your primary tool is capital, then end your company name in "Capital." If your primary tool is vehicles by which to manage capital, then "Capital Management" or "investments" or whatever. If trading is your thing, then by all means, end with "Trading." If you're not sure, then the...
  6. tommcginnis

    VIX discrepancy between indexes

    Markets price on expectations. VIX is about uncertainty. They are often in opposite directions, but not deterministically so -- and it is often possible to have climbing prices and climbing volatility, too. Stepandfetchit mentioned "term structure": break that VIX down and you'll get the time...
  7. tommcginnis

    Daily P&L goes up but excess liquidity goes down

    Just saw this in another thread: if you have a long and ITM option position that increases in profit, it will also carry a concomitent increase of finishing ITM -- and they're poking your account to insure that you have the capital available to cover your "bet." (Regardless of your intentions to...
  8. tommcginnis

    Call options - margin maintenance

    Those $220 BAs have been ITM for a day and a half, and IB is poking to insure that you have the capital available in case you have a lapse of attention and the options are exercised. The $270s they couldn't give a rip about. Think of it as "Headache avoidance." Could they liquidate post hoc...
  9. tommcginnis

    FreeMasons

    The Wheel is turning and you can't slow down: • Can't let go and you can't hold on • Can't go back and you can't stand still -- If the thunder don't get you then the lightning will. This is why, I Need A Miracle Everyday. Indeed, well, The first days are the hardest days -- don't you worry any...
  10. tommcginnis

    Fun to watch them shorties caught with their pants down trying to rationalize.

    Urine - us. Not "feces us" as per "your anus", but "urine us." (New planetary motto: "Uranus! The opposite of "piss off"...) :wtf::confused::rolleyes::cool:
  11. tommcginnis

    a typical day in code

    See? This is why I went with trend mapping and E.O.D. triggers. Now I can include whole subroutines of "=hygiene" and "=fitness" and even arcania like "=wrenching" instead of paying someone else to do my own vehicle chores (and watching tools sit idle...!)..... Going to turn 60 in a month, and...
  12. tommcginnis

    Nasdaq back to all time highs.

    The NASDAQ is not the S&P is not "the market" is not the economy. "I'm jus' sayin'....!" :rolleyes:
  13. tommcginnis

    Market On Open/Close Imbalance

    You are trying to sense a fire from a smoke detector, and you will be brought to madness by false alarms. By the time a true *fire* has hit (e.g., a serious imbalance), it will have been announced by other means for the preceding 2-3 hours. The last thing someone needs to know during a 3-Alarm...
  14. tommcginnis

    Gun stocks surge on riot news: RGR wow

    Extremely bad idea. Shorting firearms spikes works much better than relying on fair-weather investors. These "sunshine patriots" will be gone in a week.
  15. tommcginnis

    This coming Autumn: BIG VOL.....

    Whether TrumPidiot tanks the U.S. through gross mis-management of Co-VID-19 or through China's military incursion into Hong Kong AND Taiwan AND the Spratley's, or through blue-collar pandering/deficit-bloating Co-VID buy-offs...... OR WHETHER Dear Smilin' Joe Biden cruises into the White House...
  16. tommcginnis

    President Trump's Executive Order on Preventing Online Censorship

    Errrr, yeah, it is. "Freedom Of Speech" carries no guarantee of an audience. :wtf: It is *TWTR's* platform, used with *their* permission. It is used by responsible adults without regard for age, gender, religion, race or creed, etc. However, such a platform is not without restrictions -- hateful...
  17. tommcginnis

    Scaling in: martingale vs incrementally, which is best?

    Regardless of where a trade has been, whether the position is worth additional capital is based *solely* on your expectations of direction in going forward. If I buy a position for a dollar, and the instrument doubles to $2, what is my next, "best", move? If I double with another (lot)...
  18. tommcginnis

    Weekly Options

    What if they were called "Fred" and "Wilma"?? Would that clear things up for you? Regardless of their title, trade the instrument, or not, based on what you know -- not what you surmise.
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