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    Options Payoff Calculator

    Optionstrat.com Cheap and pretty dam good.. I think it can take 8 legs,and if so,that's your best bet..
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    what is the maximum mathematically possible daily profit

    If nothing else,the OP is a master marketer..He hasnt supplied one shred of math,only a ton of mythical returns....Listen to Kristjan Kullamagi..Hes a real life trader..Its not getting much better than his last 2 years..OP has never traded,or has been blown out multiple times "As most of you...
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    what is the maximum mathematically possible daily profit

    I can't bare to read thru this thread again,but would appreciate some clarification..OP stated "Making 10% per day a seamless feat. Not a question. And i think that converts to 16% on a 10day average. I would remove the term seamless at the 50-200% mark, so from 10-50% is easily done." Is OP...
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    what is the maximum mathematically possible daily profit

    Wait...Wut... You Used to be a loser???
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    what is the maximum mathematically possible daily profit

    Lets forget about the issue of leverage for now.. The intelligent approach to this topic is to come up with some measure of H-L or L-H swings base on some sort of minimum move based on ATR or whatever Vol measure one likes... From there,one can sum the minimum percent moves and or the straight...
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    what is the maximum mathematically possible daily profit

    I'll play.. Define"possible" ?? And let's not go to never ever land where you catch every l-h swing multiple times per day. Here's my first lesson free of charge... Let's make believe you cracked open your piggy bank and bet your savings of 4 cents Take 1.5 to the 252 power and tell me what...
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    what is the maximum mathematically possible daily profit

    Im starting to appreciate your humor..
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    what is the maximum mathematically possible daily profit

    Dude,you are embarrassing yourself... No one gives 2 F%$Ks about your "peers",nor does anyone give a rats ass about earning your trust.... You are a joke....
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    Hedging short Vol

    Im with you... If he hedges with a risk reversal against his strangle,hes short a put spread vs 2 calls...Dont love it.. Ild rather trade a loose dispersion hedge dependent upon implied correlation
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    Day trading Options (best option?)

    You need to Ask yourself why you should trade options over the underlying.. You are trading on a very short time frame,so overnight risk is ruled out.. What's your edge/objective??? Your example if buying 2 40 Delta calls as opposed to 700 shares makes no sense ..
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    Day trading Options (best option?)

    So you are trading 700 shares of stock with a tight stop(apx .23),but trading 2 Delta 40 options as a cash substitute?? If you are dead right,you are long 80 delta's to start maxing out at 200 delta's assuming Delta goes to 1???
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    Day trading Options (best option?)

    Are you saying you may buy 1 40 Delta call or 1 75 Delta call instead of buying 100 shares of stock?? The only way that works is if you are a bad directional trader :) You are guaranteed to underperform if you are good
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    Market Makers Approach to Options Trading

    I would have to get the same deal as I get at TOS so IB is out..I trade 100 lots to squeeze out 3 -6 cents..its very labor intensive and I probably trade close to 1000000 contracts per year..i can use a break
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    Market Makers Approach to Options Trading

    I send out orders manually via TOS.. My beat guess is I was trading with Citadel..Why they won't trade with ProCust is beyond me,but I confirmed with TOS that they now tag my orders as Pro..Sucks,as the easy money is history
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    Day trading Options (best option?)

    For the time frame you are trading,and assuming you are trying to capture some multiple ATR move with a hard stop,simple is better...You don't need much more than Delta and simple payout diagrams.. The big question is would you buy more OTM options than ATM and in what ratio
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    Day trading Options (best option?)

    Yes,3rd edition of "Options made Complicated" by NewWurldDmn :)
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    Day trading Options (best option?)

    Lol....why didn't I think of that :)
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    Day trading Options (best option?)

    Lets say a stock is trading at 100... 1 week 100 call trades for 4 1 week 105 call trades for 2 You have 8 dollars to invest and will hold for 1 week If you think the stock is going to 105,what would you buy?? If you think its going to 110,what would you buy?? If you think its going to 115 or...
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    Day trading Options (best option?)

    There arent really that many variables if you "understand" a terminal payoff of a backspread vs a ratio....Im assuming that traders trade equal delta or equal dollars on ITM vs ATM vs OTM.. Its really a question of how much gamma you want,and what you can stomach as far as a winning...
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