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Your assumption is correct. Chart the underlying, chart the volatility, but it is pointless to chart option prices.

Until you try it yourself for real, any reply is just pure speculation, which has absolutely no basis!

Of course it would be business as usual. I didn't make any reference to the absolute number as being high or low, just that, taken at face value, it is more useful than the premium amount. And, yes, it is useful to compare current IV to previous levels of implied and historical volatility.

Take an option pricing model and stick in the values you mentioned and then solve for volatility! Do you really expect me or anyone else here to do a basic calculation for you!? Your question can easily be answered by reading a book on options. Also, as suggested by others, read thru some...

It shows you what sort of move the market prices in. For example, which one is more informative: (i) an Apr ATM call is trading at 7.05, or (ii) at 46% implied volatility!? With the second one I can immediately estimate what sort of move the market prices in, without knowing anything...

The volatility usually runs up ahead of some event, such as earnings announcement or an FDA ruling. Then after the info is out the volatility gets crushed. The reason options are quoted/talked about in terms of volatility is because it is the only unknown in the option pricing model, all the...

That's something you have to see/try for yourself, depending on what commissions you pay, the size you trade and the kind of fills you can get in index vs ETF options. I say, if you can't get a fill in one, then try the other and see if it works out better. Don't forget that it's not just the...

Yep, as per today's release, the option on futures quotes can already be seen, and they will be "open" for trading in two weeks' time.

I'm no computer expert, but, yes, you can easily unplug from power while running. To keep the battery in good shape I hear it's good to periodically run it on battery until it's flat, then fully recharge.

I disagree. The return on the actual account is of great significance cause you don't load up on the positions so that the margin requirement is equal to your total account size, in which case the return could be great, but the risk of blowing up will be great as well. So you need to keep a good...

Great pic!:D :D :D

Can you explain your complete lack of willingness to try to find the answer yourself? Have you heard about Google!?

If you are selling an iron condor and the market is moving up then you should sell the put spread first as it will become less valuable as the market moves up, and wait for the market to move up to sell the call spread, which will be more valuable then. Unless, of course, you mean breaking up...

No, I'm not thinking about ITM call spreads. I was correcting your typo(?). You said: Selling a deep ITM spread (put or call) is an extremely directional bet, cause you need for the underlying to move above (for puts) / below (for calls) your short strike to keep the premium. However...

Are you kidding!? Conversion/reversal is the most basic arb relationship of all, so the chance of any mispricing is...(hmm, let me think)...ZERO

You mean OTM not ITM, don't you!? A short ITM put spread is "very" directional!

I suggest you forget the words "thinking" and "typically" and review why and when do early call exercises happen! Here's a hint, an ITM call will be exercised on the day before the stock goes ex-dividend!

From the link: "If you were to look at a graph of gamma versus the strike prices of the options, it would look like a hill, the top of which is very near the ATM strike. Gamma is highest for ATM options, and is progressively lower as options are ITM and OTM... ...Judging how gamma changes...

Here's just one of hundreds of links you can find using Google, for example, that explain Gamma.

Yes, it is free if you have an account open with them.