I'm talking about DITM with delta at 0.8-0.9. Other than more capital at risk, is there any downside to maximizing delta if you are long a basic option?
Back to riding camels?
http://www.cnn.com/2011/WORLD/meast/02/09/saudi.arabia.wikileaks/
<iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/8qRRGszTwX8" frameborder="0" allowfullscreen></iframe>
I'm looking at Apr 11 AAPL 325 Call. It had a $1 spread between bid/ask at some point during the day. Was that an indication of anything or just illiquid market for this option?
Detroit mansion asking for $2.5 million. :D
http://news.yahoo.com/s/yblog_localdtw/20110207/ts_yblog_localdtw/2-5-million-price-tag-on-detroit-mansion-an-eye-opener
Feb. 4 (Bloomberg) -- Chicken wings and big-screen TVs may help drive Super Bowl spending past $10 billion this year for the first time as more Americans throw parties and crowd sports bars to root for the Green Bay Packers and Pittsburgh Steelers...
Bernanke didn't have to deal with that in the mostly fat pitches served up by the National Press Club. Ron Paul has posed pointed questions about how exactly the central bank's monetary policy will increase employment. The Fed chief better be ready for some Major League breaking balls when he...
What's the best way to slow things down without shutting off the market completely? I used to position trade but now I'm getting into the habit of daytrading/scalping. Last Friday I had a sizeable loss and it was my wake up call.
I'm reading this book. It mentions a novice trader should risk 2% of account equity per trade and only the experienced trader should attempt to go above 2%. Any thoughts?
http://www.amazon.com/Traders-Money-Management-System-Trading/dp/0470187719/ref=sr_1_1?ie=UTF8&qid=1296396979&sr=8-1
How do you report your option trades since they are usually not reported to the IRS on the 1099? I've heard from some CPAs that you'll get an instant red flag if you report something that does not match up with the 1099. So you are screwed either way from underreporting or overreporting. Any...
Does anyone like to use this kind of order? How do you set the stop to maximize its effectiveness, i.e. maximize profit and minimize risk? Set it to the maximum you are willing to lose on the trade?