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I have a dollar and twenty eight cents in my pocket. How did I get to that sum? (There are as many different ways as there are whole numbers.) As you can tell, the only thing known are the long and short strikes. If the market shifted from one side to the opposite? If the market parked in...

Yesterday was a bad day -- equal to a full page of trades, should I print them out. ($xxx.xx.) If TWS was slow ("slow" means I can click the mouse faster than the computer can react) in any way, I'd'a been screwed. On occasion, I have slipped when cuing up the little widget to put option strikes...

There is a very big jump in SPX option premium starting on the Mar15 expiry. I have only thus-far attached it to the failure (until recently) to pick up on FOMC cues with regard to the March meeting. I haven't heard enough to accord that more (as in, End Of The Bull Market As We Know It --...

Yeah, well, i think you owe me a commission of some sort, because the *moment* I hit <Send> on that prognostication, the market exhaled, and lost a quarter-point per minute for the last hour.

I ask myself that, every morning.

Oh, hell, man, I don't know!! It took me the longest time just to mentally reverse the order in my head, leg into it backwards, to have the OptionTrader prices come out properly. ("Properly" such that I wish to SELL a BEARISH PUT spread for a credit, not "buy" a bullish put spread for a...

We will close tomorrow at 2397 -- 10 pts up from today's close, after an intraday high of 2405. Heavy volume in the morning, fluttery after Euro-close, decreasing after 13:30hrs. AND the sun will rise. All day long. Until about noon-ish. And then it will set. But it will take hours.

("IMO") Seasonality in the markets is entirely an accident. Specifically, every summer for the last 5 years at least, in May the talking heads opine "'Sell In May And Go Away' is dead!!" and at Christmas, "Whither the Santa Claus Rally?!?" In 2017, the "seasonality" is at the change of the...

We're talking a fair amount of money, if I recall. And we're looking for "safe" returns. So! Buy an SPX Jun15 future contract at $2380*100 Sell an SPX Jun15 option @ ~$121 You are insulated (to a degree) to 2260 (doing this in my head, but...) and still peel 25% of the option value off in via...

Life.

I've got a pint that says we cross 2500 before we cross 2200. Do I think that makes sense? No. I'd rather see us at a 15 pe-ttm. But if wishes were horses, beggars would ride. What non-charty reasoning leads me there? Inflation (negligible), and earnings growth (material). I think most of the...

AND losing IRS1254 status -- and handy and lovely thing about SPX. (If the leverage and commissions/revenue-dollar didn't do it for you.)

It's a trade-off, actually, against leverage and commissions. But deserves to be sketched out.

If you're trading that far out (away and into the future), then a once-a-week look for a few minutes is not uncommon. Just put your long strike on a major price point, or you'll never sell it to exit.

I'll show my ignorance by opining that I don't think anything "in" StrategyBuilder has yet been born, and isn't of use. Once you take it out and put it into a Quote area for use, it can't be "replaced" into StrategyBuilder for all of that flexible joy. (I think. And am too lazy to check. It's...

I use OptionTrader to review multiple chains/overall market at a glance, and very rarely to actually trade. I build combos once, on a QuoteMonitor page, where I have a relevant sample of strikes, and my created combos interlaced. Unless I delete them, or the series expires, they are part of my...

TWS is a trading platform, not an analysis platform. "FYI" and all that..... FWIW, I construct everything I might need ahead of time, on a QuoteMonitor page, and I'm one click away. For example, as soon as I open a position, I've got a 1 strike butterfly set up, a 1x2 broken wing, a 1x1 and a...

No top here. We've been stair-stepping for a Wow!-long period of time. We were due for this, today. The SPX option market has been fat on the top side for 2-3 days. (Not that *I* took that sage advice......) I wouldn't be surprised of we camped out right here for 10-14 days, and then did...

Conditional Requirement: any proffered definition of "trend" must not be dependent on post hoc analysis.

Can't make heads or tails of it, in the time available to me.