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I don't know how complete it is or if it is what you are seeking but QuantumOnline offers lists of various types of stocks including traditional and mandatory convertible securities. Give it a look and find out :) http://www.quantumonline.com/mandconvtable.cfm?SortColumn=Company&SortOrder=ASC

No, the guy who likes chicken salad for lunch.

I'm not familiar with TOS's features so I don't know. Though not the case with RIMM, it is possible to get a bad "W" from lousy set up premiums, particularly if you're using average prices when there are wide spreads (20 cts can make a huge difference in the risk graph) as well the...

LOL. My bad! It would be presumptuous of me to assume that you didn't check out all of the possibilities. I should know better :) And I didn't teach you anything. You figured out for yourself that the "kicker" concept was a good way to adjust the risk graph. I just gave you some bread...

Kedwards, As a general rule, if your risk graph has the "W" positioned so that the bottoms are dipping minimally into negative territory, it's likely that your post EA IV is too low. The input details of your attached graph aren't clear enough to make out. Did you use 50 as input for the...

It's a given that the kicker is likely to be a waste of money because it's expiring imminently. Normally, I'd use an OTM strike as a kicker unless like in this position, the legs are seriously OTM to start with. I used the 85c as the kicker because the premium for the 80c bot several 85's and...

Shouldn't you be off somewhere else, Sharing + Discussing Option Trades/Strategies?? :)

There is no free lunch. There are profit areas. There are loss areas. There is no riskfreetrading :) It's like a Goldilocks and the Three Bears story. Too much move is not good. Not enough move is no good. You want just the right amount :) A noob might look at the position at the...

I assume that by saying "insure" that you mean hedging. If so, a spread is a poor way to hedge a position in the underlying... assuming that you're defining a hedge as something that will avoid serious loss should you be directionally wrong. For example, a written call is a hedge for the stock...

Yep, it benefits from a strong move and/or a drop in volatility. In general, these are W shaped positions with the inside maximum loss (the bottoms of the W) at the strikes. If it's an overwritten position, the outside tops of the W reverse down further away (outside) from the strike where the...

Was that a Jun 80c kicker? Nice looking risk graph if 50 IV is attained. I think that might be a bit optimistic but who knows?

http://www.cboe.com/tradtool/mCalc/default.aspx

Tell the guy that you're an animal with options: Buy sheep, sell deer! :)

That's a 5 star statement ! You have to adapt to current market situations and IMHO, ramp up what works.

You (A) buy a call. Someone (B) sold it to you. Later, you sell your call to close (to C). B is still short, C is long. You're out of the loop.

I'm not sure if that jives with PDT rules... tho each broker can make their trading rules and margin requirement more stringent than Reg D, etc. You might want to read about PDT (Pattern Day Trader) rules. With a 25g minimum, you can have 4X margin intraday but can only carry 2X overnight...

I'm not Mark :) If you're not aware of it, when you roll a covered call out, the combination of the buy back and the sale is a calendar spread. If the strikes are different, it's a diagonal. If you fancy doing the roll in one order, attempting to get a better fill (w/o legging out/in) and...

Ya know, you keep saying that but you keep replying. Do you sense a contradiction somewhere in that?

Oh my god! I've been goaded by Xflat !! Ouch! Why don't you put up an Elite Trader poll asking if readers think that you provide an honest accounting of your posted trades? I promise not to vote and will request that the moderator screen for my IP address. Don't know how to set up a poll...

Isn't the internet amazing? I was flabbergasted to learn that despite all his efforts, there is still a permanent record of his gibberish available for anyone who wants to see the facts .. and not just for his DLP handle. Put_Master and Monkey_Loves_Puts are out there too. The truth will set...