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  1. tommcginnis

    Old angles gone

    "I'll have what he's having..."
  2. tommcginnis

    Spy futures

    The ES SEP future is 2.5pts behind the SPX -- for the last 10-15 years, it's been (at the transfer to a new "front month") ~8pts. This is the second time I've noticed this -- MAR-JUN and DEC-MAR being the prior two that I can recall with surety. We haven't seen any material rho ("interest...
  3. tommcginnis

    Old angles gone

    Jeeebus.... "Everyone is a genius in a bull market." Trade long enough, and you will see your shit dry up -- I'm talking about your "milling money" set-up -- the kind of stuff where you're just clicking all day long, bringing in nickels and dimes and quarters, and you massage your mouse finger...
  4. tommcginnis

    Thinkorswim risk profile question

    IB's TWS does indeed have such tools -- half of which come up as screen shots when you submit an order. There are plenty of videos and instruction pages on these (3??) different sets of tools.
  5. tommcginnis

    Poised to pop *again*......SPX edition.

    I'm gonna be ill. Here's the TRIN bearishly ticking upwards past 0.90, and the market still doing the popping thing regardless. (Up 10.5pts at 10:25ET) Topside getting squ-weeeeeezed. Gotta go.
  6. tommcginnis

    Poised to pop *again*......SPX edition.

    Exactly. But your first post implied rampant, un-reasoned printing of money. The steady performance (on the Monetary Policy side) of the economy connotes a precise and well-executed 'printing of money.'
  7. tommcginnis

    Poised to pop *again*......SPX edition.

    "More money printing"??? You've never heard of inflation, have you? Quantity Theory Of Money? MV = PQ and all that? Or, M = PQ/V, as it were? If I jack up the M, then either GDP has got to increase, or we've got inflation. Since both P and Q have been stuck in low gear..... and V is down to...
  8. tommcginnis

    Seeking specifics on SVXY construction

    just a quick google away..... http://investing.kuchita.com/2014/05/11/svxy-historical-data-and-pricing-model-since-vix-futures-are-available-2004/
  9. tommcginnis

    Poised to pop *again*......SPX edition.

    Yeah-but, how can the market "get better" when you've low unemployment; earnings and revenues beats; whoa[!]-low inflation; a business-friendly party in the White House, Senate, and House; low oil, low metals; and a market outlook that sez, "Balanced risks abroad mean steady-as-she-goes..." I...
  10. tommcginnis

    Thinkorswim risk profile question

    Huh! {cue little smiley thing with the whole chin-scratching-looking-up-thoughtfully thing going on...} Who'da thunk it, with ToS? Thanks, S&Fit!
  11. tommcginnis

    Poised to pop *again*......SPX edition.

    After another day of NYSI TRIN closing at a *very* bearish 1.34 (and yet the SPX barely budges!), the way things have gone for half-a-year or so, tomorrow can be expected to have a very bullish TRIN of 0.60-0.70, and the SPX will, like today, mull around a ±10pts, but a pop (15-25 pts) is around...
  12. tommcginnis

    Old angles gone

    Broken-wing butterflies written at ~|0.23| delta. {thinking thinking thinking....} Even a 1-{skip}-3-2 [!!] on the topside. Other than that, reduce, reuse, recycle.....
  13. tommcginnis

    Thinkorswim risk profile question

    Your .pngs really illustrate your bewilderment -- I can't come up with an explanation myself, but then, I am no ToS expert, either. "I got nothin'..." :(
  14. tommcginnis

    Thinkorswim risk profile question

    Because of your opening post.
  15. tommcginnis

    Thinkorswim risk profile question

    As this (JUN) future is expiring, the position likely holds (shorts) the SEP. As the SEP ages, the value of the position would change. The OP doesn't say in which direction the slope occurs, nor whether the graph is 'at expiration' or X-many days to expiration. BUT[!!] the graph (PnL) set-up is...
  16. tommcginnis

    Tracking PNL of rolled over multi-leg options

    From my observations, that's exactly right. There are two 'products' -- I think both are from Australia -- Hoadley is one (Hoadley is outrageous; Hoadley should be a household name amongst traders, IMO -- one of the only guys who really *nails* it, AND for a great (IMO) price...
  17. tommcginnis

    This is how bad the IB Margin calculator and Support are

    Your 1256 observation is right on. But the net of your post is that ES FOPs are traded over a greater clock than SPX options. It is an illusory benefit. ** The SPX now trades from (I think) 3am to 9:15am ET. ** For both the ES and SPX, the volumes traded outside of major market hours are teensy...
  18. tommcginnis

    Project/idea/task management software?

    WHITEBOARD!.... I use three -- pre-printed month calendar (econ events, etc.) and two 3' x 4' -- placed within eye view, with markers handy. I can write shit on the fly, and never lose track. I grew up with a List Of Things To Do -- lived and died by it in college/grad school, but fell out of...
  19. tommcginnis

    Tracking PNL of rolled over multi-leg options

    Nope -- the permutations of which you're just getting a handle, grow too much in no time. A "roll" is a fiction that *we* employ. TWS is, first, about trading, and second only, about taxation/regulatory exposure. When you open/close a position, it's opened (or closed). What if you split a...
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