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  1. tommcginnis

    Think Or Swim Analyze Tab Reliable?

    It's hard to beat Al Sherbin -- the best thing (that was) about tastytrade......
  2. tommcginnis

    What do you use to elevate your desktop off the floor?

    Two plant-stand/end-table things I got from some bargain furniture place for squat. Fits inside, on the lower levels [4" high?], right next to the desk, with the printer on top, at desk level. (That's long-term. Actually, right now, I'm doing hardware work, and the actual running "desktop" is a...
  3. tommcginnis

    Think Or Swim Analyze Tab Reliable?

    :wtf: ANY platform will be as good as the calculations that it uses. It's a tool. YOU provide the inputs -- not ToS, not Black/Scholes/Merton, nor anybody else. You question conflates the tool and the inputs, as adjudged by the outputs. "Bzzzzzt!"
  4. tommcginnis

    Design a potential strategy

    Are you offering terms?
  5. tommcginnis

    NOV29, NOV30, DEC01 -- a great place for Calendars...

    -- "Think about it"??? Yeah!! I've thought about it a lot. Remember, I HATE ownership -- so it's a really big deal for me to consider a net-long position of any sort -- and it's not an asset, but an option! So you've got TIME decay!! (Just a given when you're selling, but WOW! when you're...
  6. tommcginnis

    Using the VWAP while trading

    Not exactly on your question, but when I tick-scalped (ancient years ago), I found the comparison of the MFI with Lane's Stochastic to be very useful. The MFI is a volume-weighted Stochastic in no small way. In thinking further (we need an emogi for chin-scratching "Hmmmmm."), I think that if...
  7. tommcginnis

    ES Has Topped

    We've stair-stepped for better than 18 months, with the new-high "stair" lasting for ~5 weeks. But on 09/29 (~6weeks ago), rather than finish a 'stair' width of flattish/decline, we popped again, and except for 10/23-10/25, have meandered north since. A big tax change is a worthy "Regime...
  8. tommcginnis

    ES→SPX ≈ 3pts! Here comes the interest rates!

    While I agree whole-heartedly with the observation (especially as I had completely forgotten this sort-of effect :rolleyes: ), I am troubled by the fact that I've been watching ES→SPX for years and years, and have only recently seen the discount *increase* as the ES aged. (Recently being...
  9. tommcginnis

    Partial TPs/Scaling out/Exit half, your thoughts?

    Not to appear pedantic, but this is the essence of efficient operation -- you are operating at the margin. You treat every entry, every addition-to-position, every piece-out, every exit, with an eye not towards what was previously engaged, but instead asking the question, "What's the best use of...
  10. tommcginnis

    Need help re: stress-testing my acct Margin (incl option spreads) based on changes in underlying SP

    Not sure to whom you're replying, JackRab, but the IB tools I've seen are mostly mallets looking to bonk elephants into submission -- ranging through ±5%, 10%, etc. That's a range that might be the most-consistent mix for individual equities, but for large-dollar index positions, that size...
  11. tommcginnis

    NOV29, NOV30, DEC01 -- a great place for Calendars...

    Pressed for time -- please forgive short answers: 1) How to do calendars *properly*?? Whenever I want to think about "properly", I think of CBOE's Russell Rhoades https://www.interactivebrokers.com/en/index.php?f=2227 He just did a webinar last month, as a matter of fact. 2) How far back...
  12. tommcginnis

    Need help re: stress-testing my acct Margin (incl option spreads) based on changes in underlying SP

    Many ways to skin this particular cat. If you google "delta-gamma approximation" you'll find a *boatload* of solid information, including a delta-gamma-theta deal: Δ(V) = Delta * Δ(X) + 0.5 * Gamma * Δ(X)2 + Theta * Δ(T) I went a shade further, and included a percent change in volatility for...
  13. tommcginnis

    NOV29, NOV30, DEC01 -- a great place for Calendars...

    Yes, others! NOV15/Nov16! Woot! And the VXST at 7.82 woo woo woo!
  14. tommcginnis

    ES→SPX ≈ 3pts! Here comes the interest rates!

    The front-month ES future could be had at a 2pt discount to the SPX last week. It's now varying ~3.00-3.50! That's the December FED rate hike, and the BOE hike from this week, at work. If your favorite trades concern "time" or "interest rates" in any significant way, you'd want to be aware...
  15. tommcginnis

    Can't trade in IB

    :confused::caution::confused::mad::vomit::thumbsdown::mad::caution::thumbsdown::thumbsdown:o_O:confused:o_O:banghead::banghead::(:cool::cool::cool::cool::cool::cool::cool::cool::cool: Damn. "Been there, done that." Still love IB and TWS. "In the long run":banghead: , ... if they've cost me $1...
  16. tommcginnis

    Can't trade in IB

    1) I don't see Order Status anywhere -- do you have a tennis-ball GREEN on that? 2) DO YOU KNOW CURRENT VOLUME?? Have BOOKTRADER up? IS THERE A MARKET??? 3) There are multiple methods to trade via IB/TWS/Mosaic -- I have found on those occasions when there was a trading issue, that if I --...
  17. tommcginnis

    Sticky Strike or Sticky Delta?

    1) "Sticky" 'strike' or 'delta'? It's mostly "sticky" implied vol. 2) "Sticky" is a function of volume -- the less volume, the more "sticky" will be pricing -- thereby, 'delta' and the volatility implied.
  18. tommcginnis

    Trump Tax Reform - a total squeeze on middle class W2 workers

    When The South was "Democratic," it was a Democrat party that in no way resembles that of 2017. Now that The South is "Republican", I would remind you that the Republican Party of 2017 bears little resemblance to the Party of Lincoln, or of Roosevelt, or of Ike. (Or of Rockefeller, Rudman, or...
  19. tommcginnis

    TAX BILL = TRIN↑ + VIX↓ ?? "sell the crap!"

    I'm gonna end up watching that a dozen more times.......
  20. tommcginnis

    TAX BILL = TRIN↑ + VIX↓ ?? "sell the crap!"

    Hey. I'm *thinner* than that guy. And I *don't* wear a tie. :wtf: :confused: :banghead: :rolleyes: :D ...
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