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    RIMM 3/1 split

    Well, if you have a mental problem, at least you have a good attitude about it :) Let's say the stock is $210 and you buy 100 shares. Cost is $21,000. After the 3:1 split, you will have 300 shares at a cost basis of $70 per share which is the same $21,000. The split has no effect on the...
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    RIMM 3/1 split

    You might want to check your math :)
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    RIMM 3/1 split

    "I can get it for +- $70 " Buy 33 shares right now and you can have the same position as 70 shares, post split :)
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    Anyone experience this?

    Hindsight is 20/20
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    What's the craftiest, strangest, most complicated options day trading strategy...

    The Falling Broker Combo (with all options exhausted, two brokers jump)
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    When to exit credit spread?

    If you have a decent profit, consider closing the position or running a tight stop on it. If you do not have a loss and current volatility troubles you, shut it down and sleep well. The market will still be ther when you have a better comfort zone. If you have a small loss, grab a...
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    DITM strangle?

    The math is not correct. Long strangle costs 12.64 and after the rise and sale of the long put (+2.88) and sale of short 45 call (+3.38), he ends up with a ten point 35/45 call diagonal that costs 6.38, not 30 cts. If the underlying reverses hard, 6.38 is at risk.
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    DITM strangle?

    Where is the cost of the 45 put in your calculations? The $6.08 ? D'ya think that might change the numbers a bit? :)
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    DITM strangle?

    My two cents is that the deltas of the put and call are almost equal (tho of opposite sign). They would be about equal in magnitude in the vicinity of 39. With a move in either direction, the delta of the option that is going more ITM will be increasing while the delta of the option that is...
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    DITM strangle?

    LOL. I'll take fries with my double sized volume!
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    Does anyone have VaR

    It's easy enough to write but if you don't want to amke the effort, do a web search for "standard deviation+excel"
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    How to play this short?

    Best is hard to define. It all depends on the timing, how much risk you can tolerate versus how much reward you want. Each strategy offers a belnd of R/R. Check out the bearish strategies at: http://www.optiontradingtips.com/strategies/index.html...
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    Short put and ex-dividend?

    Hey Don, Good guess! All things being equal (no change in stock price, IV, etc.), the amount of dividend priced into the put is the delta times the dividend. For reasons I do not comprehend, this does not hold true with near term, more OTM puts. They collapse much more than this...
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    How To Play Pozn- Fda Annoucement Aug. 1

    Not being on the other side of the move :)
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    iron cockroach

    I don't know what it is but I recall that while surfing/reading, there was a brokerage or money management firm that was touting their seminar on it. If so inclined, you can do a web search for it.
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    Monthly Income Generated

    I keep 100% of the premiums that I sell. I just lose on the stocks involved :D
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    TOS for stocks

    LOL. It's not that complicated if you find the right screens :) OPTIONS: Smart Routed: <=10,000 Monthly Contracts Premium less than .05 is commish of 25 cts per contract Premium of .05 to .09 per is commish of 50 cts per contract Premium 10 cts or more is 75 cts per contract...
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    TOS for stocks

    I don't know about the analysis tools available at TOS and other brokers but for low rates, look at IB... 1/2 a cent a share with a $1 minimum. Being able to scale in and out of a position iis a big plus in my book. Options are 75 cts a contract and exercise is free. If you like the...
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    How To Play Pozn- Fda Annoucement Aug. 1

    I don't know but it makes no difference with POZN. Take a look at the ATM calendars. Aug 20c 3.40 - 3.50 Sep 20c 3.60 - 3.80 Aug/Sep 20c RC offers a credit of 10 cents Aug 20p 3.70 - 4.10 Sep 20p 3.90 - 4.30 Aug/Sep 20p RC "costs" you 20 cents to play. For the sake of...
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    Crazy Apple call Options

    LOL. Don't let the quants spook you. They know more. Maybe even make more. But we can have our piece of the pie too :) If you're comparing bid to bid and the option is rising more than its delta, it's an IV expansion. Simple as that.
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