Search results

  1. S

    wgr options

    I never said they were all uncovered. Some were probably covered, some not. But you -could- have all uncovered writers. Why not? the chances are low.
  2. S

    wgr options

    A few people hit a jackpot today. WGR 50 July calls went from 0.05 to 9.75. Thats $1k to $195k overnight. There were 2705 open interests, so someone did well. Just hope there weren't any uncovered writers out there.
  3. S

    New trader looking for good entry backtesting and strategy testing

    I am new to daytrading and just getting my feet wet with options, futures, and want to test out some ideas related to tick readings, advances/decliners, and stochastic values. I am green and have no idea what software is best -- I've read a little about tradestation, but instead (due to...
  4. S

    stock replacement

    I've been running the numbers, and 3 months per contract period seems to be the happy medium, especially for buying calls solo. One thing I don't like about going too far out is such reduced delta, in case I decide not to hold to expiration (and cash in on some of the remaining premium). but...
  5. S

    stock replacement

    Arb opportunity was never an intention here. Going retail, it never went into my mind. In fact, my latest analysis has been with doing this instead of with individual stocks with a small number of SPX options to replace an entire S&P portfolio. Actually I'm going to paper trade the concept...
  6. S

    stock replacement

    reading mcmillan now. Any downside (besides taxes and lost dividends) to selling atm naked puts and buying same strike calls with the proceeds on three month terms instead of buying stocks, and using remaining cash (collateral requirement) for bonds/etc ? Looks like a great strategy for...
  7. S

    2nd poll: annualized returns in speculative activity

    a large percentage who do 50% or above? i have a hard time believing this can be sustained. whoever's done this, feel free to post duration and share what you feel you would like.
  8. S

    Last poll: What percentage of your portfolio do you devote to speculative trading?

    What percentage of liquid net worth do you devote to speculative trading?
  9. S

    Last poll: Speculative activity's impact on long term choices

    This poll is only interested in a investors who reserve a small portion of their portfolio for generally considered speculative (options, futures, etc.) activity, and leave the rest of it for longer term more conservative picks... ie typical diversification: bonds, long mutual funds, long...
  10. S

    2nd poll: annualized returns in speculative activity

    Including any wipeouts, surges, great profit years, etc, what have your annualized returns been trading options and other day trading 'speculative' activity (do not include typical mutual fund investing, long buy and hold style investing to offset your losses here) ? Again, do not offset long...
  11. S

    How have people actually done here?

    I am interested to see what the options traders here on ET are actually working with, and what they're past success and past losses have been with regards to option (and related) trading. A poll or two will follow.
  12. S

    Shorts vs. Puts

    If you want to short without as rigid a time limit, you could also just short the stock and buy a slightly out of the money call (maybe 1 or 2 months out) as insurance (just in case). So if the stock goes up $5, you'll lose significantly less. The out of the money call will pay for itself if...
  13. S

    CME Housing Futures

    1) When I said 4000/1000 etc.. I meant that basically for every contract or share to be sold short, it must be borrowable. And for it to be borrowed, someone before must have already gone long on it. And inversely as you say, for it to be sold short, there must also be a new buy order as...
  14. S

    My Conclusions

    Of course, the same holds true for futures purchased with 0 leverage. :) Leverage is built inclusive of the option premium. Anything else (futures, stocks, forex) doesn't necessarily have to be. Leverage leverage leverage.
  15. S

    Decisions, decisions

    pretty amazing yield.. not a run of the mill reit. not a bad stock to be put onto you. but thinking about that, i could only imagine that higher short term interest rates are going (probably already) to put a lot of downward pressure on their new business. i wish i would have know about this...
  16. S

    CME Housing Futures

    This makes sense. So basically, the chicken and the egg. I can only short it if there is someone there who has already gone long. So there can't be 5000 guys shorting it with 1000 going long.
  17. S

    CME Housing Futures

    i'm new to all of this ... i think i need to read a book on market making. anything to recommend? i assumed (probably incorrectly) a market maker is there to fill an order in a prompt time manner even if there is no opposing side of the transaction sitting there with an order already. So...
  18. S

    CME Housing Futures

    MY question... For options to work, don't there need to be people on the other side of the bet? Who would. and who is (For these housing futures)? And for the futures, the same question holds true -- who will buy on the long side? So basically lets say I go short, and am successful - where...
  19. S

    Always assume 100% loss for long?

    a long straddle would've been great here. but I guess for less drastic price moves after earnings (most of the time), it probably pays to avoid double penalty on a straddle from the drop in volatility that comes after an earning announcement and sacrifice some gains. furthermore, I bet that...
Back
Top