other than rearranging a few buttons and nuggets, this app is no different than the iphone version. When are you guys going to stop wasting time adding those useless "features" and implement option chains and spread orders - the very basic for any trading app.
I open a 580/585 goog vertical...
Yep but am hoping the theta decay will be more. It will be interesting to see how it all turns out next week.
Will see if it's worth it to hold through earning next wed
Going to test this out with a small position (~$5k). I usually dont like to play with those expensive options but atticus got me hooked on goog.
+ BOT 2 GOOG MAY 20 '11 580 Straddle 44.20
+ SLD 2 GOOG APR 15 '11 + 605 Call + 555 Put Strangle 10.8
position has 1.1 theta and 1 vega...
seriously, who the fuck uses fidelity as an active trade platform? ....then complains about it... It's like punching yourself in the nuts while screaming about the pain... Go signup for IB.
I use fidelity for my retirement accounts because of my company's requirement. Their web based trade...
Open the position at the final week of the front month expiration
Long backmonth atm straddle
Short frontmonth otm strangle x strikes out
Basically profit 1) theta decay 2) movement of the underlying.
What are the risks? the ones i can see are
1) significant IV drop (assuming...
Finally got this stupid thing in the mail, it's pretty sweet am using it to post this. Looks like IB has an iPad app now. Too bad it still just barebone, how hard is it to add option chains sigh.
When you are 80 years old..on the hospital bed all alone..and cant get anyone to give you a glass of water..you may reconsider that decision.
All you can do is roll the dice - have a bunch kids, rise them good - and hope and pray one of them will be around to take care of you when you cant...
Cant be completely delta/gamma neutral to isolate theta/vega. You can short an atm straddle which will be delta/gamma neutral but as soon as the underlying start to move, the position will be off balance and no longer neutral.
You can pick a highly liquid option and let your system to...
My confusion wasnt about the ability to create an account and trade with 10k capital, but your expected return.
If you can average $500 a day trading 1-2 futures contracts as stated, that's a 1000%+ annual return.
Are you saying you are able to do this? Then yes you can comfortably live...