Search results

The method would take 500 and any other price below 500, into consideration prior to getting in. The trade would take absolute worst case scenario prior to our getting in, so 500 isn't low enough to devise our strategy around.

I'm pretty certain most would agree that deep otm put options in the ES s&p futures are extremely unlikely to ever be hit. These would include 3 to 12 month expiring options, with strike price for puts at 600 and below. You could also go farther out with leaps on SPY if you wanted even higher...

If anyone has read and understands Mr. Crasks overall strategy, please personal messege me. I have a few questions for greater understanding. J

If the market comes down to 700 in a 3-5 day down move from 860, can the margin increase double or more than the $4000-$5000 margin that normally has? eg. If ES at 860 margin then margin is normally around $4000 give take. If ES moves from 860 to 700 with a huge 3-4 day drop...

Using fridays end of the day data. The December 2009 contract for the e-mini S&P (es) is trading around 860. Currently, the December 2009 contracts 600 put option is around 20 pt. ($1000) and the December 2009 contracts 860 put is trading for 100 pt. ($5000) If a trader buys one December...

Using Interactive Brokers, I went long 1 June ES contract at 750. At the same time I wrote an April 800 call that expires today and should end up in the money by days end. Below is a suggestion I was given concerning my current situation. Does anyone know how it pertains to Interactive Brokers...

I recently went long two contracts of June E-Mini S&P at 750. On the same day, I sold two 800 calls. I have yet to get out of the position. The market is currently around 850 and the 80calls I sold are trading around 55 points. They expire this Friday. Assuming the market trades higher than 800...

Will someone who has studied and understands Thorp's warrant strategy, please put it in a futures market or stock market equivalent to help me fully grasp his concept. Thanks

Does anyone know where I can find the table of contents for Trester's update 'Complete Option Player 4' book. I can't find it on google or amazon.

Your right. Thats nutty. I forgot to add is there a smarter way to do this trade if you do this instead of that. You know, that kind of thing. It was a vague statement. Sorry Mark

In the previous post I forgot to mention that this would be a day trade only thats always cancelled before the 4pm close. No overnight with this concept.

This inquiry includes a trade setup that is only hypothetical to aid in a visual image for understanding the basics of the method. It is only a daytrade. Here it is. Our trader observes that the average true range for XYZ each day is generally 10pt give or take a pt. XYZ is...

Cool. Thanks guys.

Is it possible on IB's option trader to view the delta of each individual option?

I can't believe I did it again. My mother can. What does she know. Anyway the example should read, much differently now. This is a hypothetical question. Lets assume that we know ahead of time that tomorrows open will be at 100 and it will go straight up to 110 by the end of the day. Were...

This is a hypothetical question. Lets assume that we know ahead of time that tomorrows open will be at 100 and it will go straight up to 110 by the end of the day. Were assuming this is what will happen. Ok, at the 930 open, we go long 100shares at 110, and simultanously purchase one 3 month ATM...

Does anyone have either of these books in their possession?

I agree. If your taking the time to help, then I should take the time to proofread. I apoligize. Joshua

With XYZ currently at 10, a three month naked put at a $7.50 strike is sold for $1. The trader wants to own the stock at $7.50 anyway, and doesn't want to wait. The stock will be purchased solely for the purpose of writing Covered Calls against it. In our situation 3 days after the trade was...

XYZ is currently at 15 We buy one 3 month 15 put for 3pt and sell two 12.5 puts for 1.5 each