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  1. K

    Selling Naked

    Not sure what the hell you're talking about.
  2. K

    How do prop trading firms make moneY?

    Warren Buffet once said that "if you have played poker with a group for a half hour and you don't know who the patsy is, it's you."
  3. K

    Call option premiums

    I pay more attention to sentiment than volume. Volume is relative - a high volume event in 2003 does not compare to a high volume event in 2000. I may think something is high volume one day, but 10 days later it looks low volume. The nature of the volume is also suspect. Was it all buying...
  4. K

    Call option premiums

    I'm doing the opposite, selling calls in an uptrend. It's the Roach Motel if you sit on your hands as your sold contracts dive deeper into the money on the gap. Last I checked, I could pick up some E-minis going my way just about any time of the night. The ES doesn't gap much. Since the...
  5. K

    Unbelievable but true: CFTC declares Technical Analysys as FRAUD :D!!!

    Yes he has said as much. I also agree with Warren and the CFTC when they say it is a bunch of bunk. Warren thinks TA is a joke, and he's right. Do you think he buys into support? The guy may have never seen a chart in his life. This is like an Amway convention pushing this stuff. Sure...
  6. K

    Call option premiums

    For many reasons. The most compelling reason is the buffer zone. I can retain premium with a move in my favor, no move at all, or a move slightly against me. If I want out early, I can generally cover at a profit barring a strong move against me. These conditions are the opposite when buying...
  7. K

    Call option premiums

    I always use limit orders. The price depends on how fast I want to be filled. With a dollar spread, if I am anxious for a fill, I will sell limit 40 cents less than the ask, less aggressive - about 20 cents inside.
  8. K

    IB fill reporting DELAYED

    Since you are an educator, I'm sure you wouldn't attempt to give someone an "answer" without first knowing all the facts, correct? Without having all the facts, it's not really an answer is it? To some questions, there are no readily available answers. While his situation is unfortunate...
  9. K

    Call option premiums

    I sold a bunch of those at 11 this morning myself. I got in deep on the 975s, then the 995s this morning and rolled up into 1010s in the teeth of it. Luckily I have a bunch of 1025s that are coming up with me. Margin requirements for the 1010/1025 are a lot less than the 975/1025...good thing...
  10. K

    Is your QChart data unusually slow today?

    I've noticed QCharts problems too. The E-Mini's were about a minute back and the TICK didn't work at all for most of Weds. The Yahoo board is pretty informative of major issues. Some Qcharts tech guys hang out there and there's another forum that has a form that you can send to QCharts that...
  11. K

    IB fill reporting DELAYED

    I think you are forgetting some details, Bob? You want to tell us the rest of the story?
  12. K

    IB fill reporting DELAYED

    In my experience (calling in on MAGENTA orders), IB will call the exchange and attempt to get some resolution. Often, it doesn't work, but they certainly try. I have ONLY dealt with option orders and PHLX is probably the worst offender from my personal experience. It's a different...
  13. K

    IB fill reporting DELAYED

    Why should IB change this? I have received MAGENTA a number of times myself (on options orders) and don't like it any more than anyone else. You are correct that it means the order was not definitely cancelled, but the reason is not simple. In most instances, IB reports that the exchange...
  14. K

    IB fill reporting DELAYED

    No, it didn't. Any negative issue about IB brings you out to agree and share similar experiences. When IB staff asks you for details so they can look into the problem, you conveniently disappear. You have no credibility here.
  15. K

    Dow DEFINITELY looks good to 9000

    These guys see things coming long before us and they take care of themselves. They have friends they have made real money for who watch out for them. Battapaglia doesn't have much credibility on the street. I can't tell you how many times I've heard him referred to as a "perma bull".. What's...
  16. K

    Dow DEFINITELY looks good to 9000

    Check the valuations at the beginning of each of those periods. Using REAL earnings, not today's pro-forma voodoo, you'll find that those rising markets were the result of undervaluation. We have clearly overshot to the upside here. On a dollar for dollar basis and including dividends, todays...
  17. K

    Is it possible to have every single member that logs on to see a poll that is posted?

    I will rarely answer polls. Many are so stupid to be not worth the time to view them. People are posting polls for ANYTHING and EVERYTHING. We have been polled to death. It's one thing to post a poll about the Dow reaching 9000, but a poll over whether God exists? and now one to vote for...
  18. K

    IB - number of employees

    It is more than 50. What is your point? Why ask what people think? The fact that you feel that a simply obtainable fact is something that should be the subject of yet another poll further proves your immaturity. ET people have wasted a lot of time reading your drivel.
  19. K

    Dow DEFINITELY looks good to 9000

    You guys are very easily impressed. Welcome to the new bubble.
  20. K

    IB - cancel fee mis-charged?

    It may not pay to daytrade them and play MM any more. That game is over for me. I only really scalped if I had a lot of time on my hands anyway. I have changed all of my orders to day orders and I just get on the inside and wait it out. Sometimes I get filled, sometimes not. The savings on...
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