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They sell EL programming classes. So yeah, they can "help" you...

Yeah, it's a toxic dumpster fire. As I recall, MarkPlex has a video about it on YouTube - some simple calculation - and the code they showed was at least several hundred lines. A good 99% of that was just setting up the class itself. I do have ToS, but I haven't done anything with options data...

There's no easy access to the options data in TradeStation. They do have a (very poorly documented) object-oriented method for it, but it barely works - sometimes, when it feels like working - and after pouring several hours of my time down that drain a couple of years ago, I gave up on it. It...

For you - and please make sure you note the restrictive clause here - there ain't nothin' in room 237. Absolutely nothin'! So you ain't got no business going in there. For those of us who like it warm, it's just fine.

True - but also as trite as "buy cheap sell dear", etc. That video, however, blows right by that part; it assumes/implies/takes for granted that you already have a means of defining such a thesis with enough edge to make money (which is ALWAYS false for inexperienced traders), and offers a...

That's the direct implication of these ostensibly easy solutions. I'm saying that no such thing exists in reality. So... nothing has changed, but you want to adjust your trade anyway? Or, to put it another way, you believe that you have better/earlier information than the rest of the market...

Yeah; it's more plausible-sounding nonsense from the "Retiree Ripoff" canon of the "Make Money Fast" school. The IC (and in this case, its synthetics as well) is one of the flagship "look, it's so easy - anyone can do it, even you!" methods of rooking in the suckers. There are two key premises...

Some rules are explicit - they'll be part of that stack of docs you signed off on when joining up. Some - e.g., exactly how they'll handle your expired shorts vs. longs, how long you're subject to exercise after expiration, in-house risk management criteria, etc. - are implied, and good luck...

Thanks! I'll let you know if I discover The Secret Easy Install method. :)

You can't hold a short and a long at the same strike/tenor in one account, so they would cancel out - and you'd be left with the position that's been explained to you. If I try to combine my regular account with my IRA while holding a short call in the former, that would violate the rules of...

Who says he's got one? If he's reselling one that's been stolen, the safe's not going to be landing on his noggin, so he doesn't care.

Seems rather useful. Do you happen to know what the tool is?

I think you're confusing calculation - where all kinds of operations are permissible - with positions that are actually held. Margin is irrelevant to the former, but definitely applies to the latter. :)

Happy New Year to you as well! So: historical and realized are - well, facts. They done been, as a laconic friend of mine is likely to say. And while window size is theoretically variable, the usual meaning for historical, as far I'm aware (at least I haven't seen anyone use or make a case for...

Yeah, I'll snake the whole asset class out from under you before you know it, and leave you nothing to trade. THEN you'll be sorry. (Reminds me of a line in one of Terry Pratchett's books - "Maskerade", I think - where a woman who is trying to convey how rich she is tells a banker that she's...

In the future, I suggest you close your trades rather than letting them expire if there's any chance of them ending up ITM - and that includes ones that are OTM but close, especially in volatile stocks. In this case, your broker took care of it for you - but there's been a number of instances...

Since IB mentions liquidating your positions rather than you being assigned, it simply means that they closed your position before expiration (usually about 15 minutes before the bell.) Your total risk was the 5-point spread width less the credit you received; whatever they closed you out for...

Thanks - I wish I was anywhere near that sharp... I'm still in the junior leagues, but bucking my way up; struggling and learning every day. But I suppose it's like dressing for the job you want instead of the one you have - I'm grateful for what I've received here, from destriero and a number...

Heh. Think of it as market exposure: if the "SPX beta-weighted delta" of all of my trades is +200, it's equivalent to me being 200 shares long SPX. If I'm hedging, I need to know that number in order to decide on the degree of protection I need. Timing and degree of informed decision-making...

This view can also be expressed by being very conservative in your portfolio in general, but putting some small percentage of it into extremely risky but possibly high return assets (e.g., crypto.) Depending on your risk appetite, losing 100% of that could sting a good bit - or bring in...