Search results

  1. N

    Is it better to swing trade options near expiration or far from expiration?

    There is a difference between an option trader and a stock trader that uses options. If you are the latter, i would not recommand try to swing trade by going long using option contracts. It's a loser's game. And a good qualifcation test whether you are an option trader or not is to search...
  2. N

    Where to get the greeks on options on futures?

    IB has the greeks
  3. N

    Short Straddle Update

    Closed this out today as the remaining premium is no longer worth the margin. The spring is winded pretty tight now, big move in either direction coming soon. Short 5x JUNE 1290P at 4.6pt, exited at 0.6pt (after commission). 20pt*50-> +$1000 gain jw, are you still playing?
  4. N

    How to make a play on USO (oil)?

    i think you guys are right, that might be the best play. buy a leap atm or even 5pt itm put. Then sell the monthly otm puts. If oil continues to gap up, i will make some loss back from the front month puts. If oil gaps down heavily, i make the spread. Looking at today's price action, it's...
  5. N

    Some confusion on crude oil

    increase production by half a million barrel per day is pretty significant, no?
  6. N

    Some confusion on crude oil

    Hi, 1) What's the difference between QM and CL futures contracts? they are both quoted to be the same price. Which one is better for options trading? 2) Given the saudi increase production news over the weekend, why isnt oil dropping like a rock? On IB, both QM and CL are only down about...
  7. N

    How to make a play on USO (oil)?

    Not to get derailed, but looks like DJAGR is at a double top. What's the actual $DJAGR underlying symbol for options?
  8. N

    How to make a play on USO (oil)?

    Looking for some suggestions on how to make a long term play on the oil (USO) with options. My sentiment as follows. 1) Oil will come down..hard...eventually. Looking at the chart dating back 10 years, in addition to the macro economic + social and political link to oil prices, the current...
  9. N

    Question about option level 2 from a newbie

    it's all the same shit, to get approved for options trading/shorting and what not. You need to update your profile to meet the legal requirements to be approved. All the brokers do this including IB. I will let you figure out how to update your own profile. Calling etrade a shitty...
  10. N

    neebie here - E*Trade or optionsXpress or other?

    for options, i would go with optionsxpress. Their fees is not the lowest but the website, support, and online documentation/guides etc.. are top notch. And system is 100% stable, never had a single problem. Go with opx, get your feet wet and learn the stuff. Then once you are ready to move...
  11. N

    BMW and Mercedes Buyers See a Ford in their Future (Bloomberg)

    the thing is if you lease, some of the luxury cars really dont cost that much more than their average counterparts after lease specials. For example i was quoted for acura tl $340 + $0down, rl $480 + $0down. Compared to an average camery LE for like $230/mon + $1k down. I mean for maybe...
  12. N

    No Risk 2% - options strategies

    sell way otm google options. there are no risk at all! :D
  13. N

    Interactive Brokers Mobile Trader

    I have a better idea, how about telling your development team to actually MAKE MOBILE TRADER WORK? I am not even talking about adding new features, just make the damn thing work with a standard smartphone running windows mobile + opera/ie browser. It's unbelievable in this day and age, a...
  14. N

    Russian billionaire rumoured to buy up to 9% of Deutsche Bank

    yes, cabs in germany are all mercedes if i remember correctly.
  15. N

    Short Straddle Update

    making a small otm play below the 1300 support. options x should be a good contrarian next week, given this week's down market. I will have a hard stop loss at exactly the strike = 1290 Opened: Short 5x JUNE 1290P at 4.6pt
  16. N

    Same option strike different prices

    http://www.optionseducation.org/classes/contract_adjustments/whatyou_01.jsp
  17. N

    The Asian meltdown has begun...

    yes you cannot short, you cannot daytrade(buy/sell same day), stock cannot move more than 10% in either direction, there is a 2 hour lunch break where market is closed for traders to take a nap, there are no options. Can you imagine the market vol if those hard checks are removed. They were...
  18. N

    The Asian meltdown has begun...

    Yes all the retail who made their money from the real estate boom and dove nose first into the market are frozen in that deer in the head light moment. Most has no idea how to trade or what stop loss means, the past 2 years of super bull only fueled the belief that all you need to do is put the...
  19. N

    The Asian meltdown has begun...

    bullshit, a lot of market makers are in the sunken ship over in china too. Keep in mind, it is still a very young and inexperienced market with unbelievable amount of manipulation. Most people including the "professionals" started trading only 5-10 years back over there. Mokwit, where did you...
  20. N

    The Asian meltdown has begun...

    man looks like shit hit the fan in china. Shanghai index down 7.7%
Back
Top