Search results

Is IB (Interactive Brokers) viable from Russia? -- I don't know, but know people in other countries that use them. They have competitive commissions.

Say, initially you BUY a specific option. (This was a Buy to open a position) Then you merely SELL that option! (This becomes a Sell to close a position). I would never exercise, but your broker has a specific order for "exercise", which you likely should never use. The fee for "selling the...

Regarding first part of question: underlying goes up (call strike below current price)... Sell the option instead of "exercise" should always (unless some flaky business going on) be more profitable, as you receive both extrinsic and intrinsic value. If you exercise, you forfeit the extrinsic...

Why not look for yourself? See how different techniques would have performed by using historic data. If you have TOS, you can use OnDemand to examine SPX option trades. I don't think OnDemand is supporting Futures options yet, but the SPX should give an idea. -- Your question is too general...

For best results, set the Time frame to 2 years or greater to insure you evaluate multiples of 1 year periods.

Pekelo: Ah! If you would like to observe how the script works without having to "mess with it", here is a link: "http://tos.mx/mNoH9C" To use this in TOS, the easiest mechanism is to Click Setup: Open shared item ... And paste that link as follows: In the Shared item URL: Then "Open"...

Another twist: (This has not been vetted, so consider with doubt). If the underlying is trending down already, it "could" be possible the value of the underlying is being held up only by some waiting for the Dividend, then plan to dump. If so, NAT could also be interesting! (Ie.. something...

I used the TOS SCAN, to find upcoming dividend plays, and sorted in profitability order. -- This scan (grading in the SCAN) was complicated, so you may prefer a manual process. --- many more scripts required and was difficult to manage.

Pekelo: Here is a TOS ThinkScript I wrote a while back I used to aid analyzing similar trades. For the Notation (m,n) m is Number days prior to ExDividend for trade entry n is Number of days after ExDividend for exit m is 4,3,2, & 1 n is 1,0 All trades default to Close on Daily bars. (only...

A couple follow-up questions, incase I have missed something: 1) You are expecting a price action of a security around Ex-Dividend time that you are trying to profit from, correct? 2) Your references to options is merely a tool for exploiting or leveraging the price change (referenced in 1...

systematictrader: You may have missed my point. It does NOT work! There is no edge! It is a very slow "bleed" if done wisely! <-- At least this is what I found!

There is more info about this than you can shake a stick at! -- You can go to a trade page in TOS, and near the upper right corner, click on the icon to the right of the "gear", then ->Export ->to Microsoft Excel. Then Paste to an open Excel sheet. This provides some examples that may be of...

Correct! -- Excel (and only Excel) supports a RTD mechanism that TOS also supports. Below is a sample formula in Excel to reference a specific BID price on an option: =RTD("tos.rtd",,"BID",".SPX170217P2255")

Kinda.. The "theoretical opportunity" is that the price movement down exceeds the amount of the Dividend (for some securities), and if true, trade to exploit that slight excess move. In my case I purchased PUTs that were > 2 weeks out (to minimize theta burn for the max 5 days in the trade)...

Below is an example of a trade I was trying before. Observing prior price action of Devon Energy around Ex Dividend time (looking 4 days prior, to one day following), and looking for a downward move greater than the ExDividend value, implies that the best performance is to sell 4 days prior to...

Another thought: I think your evaluation, may need to be specific for the underlying you are referencing! Criteria for RUT or SPX may be quite different for FB or TSLA, and different again for IWM or SPY. (IWM & SPY being the most trivial to evaluate due to the liquidity and relative stability)

Why not use RTD in Excel to pull exactly what you want and perform whatever algo's you desire? Via RTD, you can access the BID/ASK/OpenInterest/Volume/LAST, and pretty much any info you desire. You may also wish to accumulate results overtime to observe changes, if that interests you -- this...

Looking for viable options for addressing off-shore piracy of trading materials. This one seems to be operating in India. Any successful options for shutting them down? The specific one of current interest is "http://tradersoffer.com" Thnx

Pekelo: You likely have much more experience with this than I, so take with grain of salt. I did some work with trading around dividends (backtesting and live). I found no systematic edge by observing history! -- seemed to have similar results to dice rolling! Observing 10 out of 10 successes...

Perhaps 50cents works for Soros, and is responsible for hedging > 10% SPX drops (pick a better number). (But must be hedging a huge pile of positions). I have no idea, but when I first wrote that, it did not stink too bad. (the stench is building, however) ;-(