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Every stock will have options for (July and) August beginning Monday, following the June expiration. Time frame for new options: Every stock has options expiring in the front 2 months plus two other expiration months that depend on its cyle. The cycles are Jan/Apr/Jul/Aug; Feb. May, Aug...

Selling these OTM index spreads certainly feels safer than writing covered calls - and it is indeed safer. But, you must be very careful. 1) This strategy 'earns 3-5% month after month' ONLY when the markets behave. 2) When writing covered calls, If everything goes badly, you could easily...

I don't know how everyone trades SPX options. I find it next to impossible to get fills - and I always offer to trade at prices that are less than the midpoints. When I was a market maker (primarily HPQ) such wide markets were against the rules. Must I trade 100-lots to get the attention of...

The SET is determined by the opening price of EACH INDIVIDUAL stock in the index. If one stock has a delayed opening - then SET cannot be lknown until after thatd elayed opening. SET does not represent the price of the index in 'real time'. The 'real time' opening price of the index itself...

Hi Coach, Glad to be here with the grownups. My point is that the VIX options might not jump to $10. They might not even move to $2. (I was not suggesting that you hold them until expiration.) I'm concerned because they are European options and frequently trade under parity. What if...

Coach, I notice you own VIX calls as a hedge against OTM SPX put spreads. Question: Is this really a good hedge? What happens in VIX soars due to a big market decline - but by the time your European calls expire, the VIX has returned to it's pre-decline levels? What I am really asking...

You can submit an order any time, but (obviously) it can be filled only during hours when the market is open (9:30 Am to 4:02 PM, New Your time). Mark

Thank you. I once added my daily trades to an Excel worksheet, but I make thousands of trades every year, and keeping up on a dairly basis proved too tedious. Still, I think the idea is a good one and I may revert to that method for 2006. Thank you, Mark

Thanks for the feedback, but paying an accountant is unreasonable. Of course, I can do it myself. All I am looking for is for the broker to supply the data on one line, instead of two. And for that broker to take into account partial closing of posiitons. I want to find a way to...

"If a simple P/L analysis for each closed trade was available with dates and price details that would be a good start. However, my understanding is that even this is not available." Don't worry. The data you need are supplied in both the monthly AND annual statements. I need more than...

Thank you for the prompt reply. Unfortunately, FlexStatements are unable to provide data in the required format - I have made the attempt and also asked IB via e-mail. Schedule D is part of the income tax return for US taxpayers. It's intended for transactions in which there are capital...

To DEF: Any way to get IB to provide statements we can download so the data is in compatable with Schedule D? Mark

How can we get IB to produce statements that provide data in a format that is compatable with Scgedule D? It tkaes far too many hours to transpose the numbers onto Schedule D. Thanks, Mark