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No I haven't. It wouldn't be worth the commission.

In answer to OP's question, I think yes we're due for a significant correction. New highs with decreasing volume is a bearish divergence for sure.

Those are zigzag price labels (past stockcharts.com subscriber).

It won't affect the markets since it was half expected anyway. Already priced into the market.

That looks like the TOS platform back there. :cool:

Damn. Well I guess I'll know when I've "made it" when I'm invited to things "by default"

Yeah, Josef K is right. Really you accidentally made money on that straddle just from luck. What happens is the market prices the straddle according to the movement it expects. So if the market expects a 5% move then IV adjusts accordingly and the straddle price anticipates a 5% move. If...

For a while I was experimenting with buying straddles before earnings but it was like 1 or 2 weeks before, not 1 day before. The idea was to buy low IV and sell higher IV right before earnings i.e. I did not hold past earnings. This was based on the observation that on some stocks IV ramped...

You can't. Give it up. You either have the ability to think logically and symbolically or you don't. If you can't handle math then you'll never get beyond writing "hello world" programs.

Yes please! Where do I sign up?

I'm inclined to think IB found a red flag and is chasing it down.

I wouldn't use the adjective "kafkaesque" but they do seem to be more particular than other brokers WRT new accounts. Keep in mind that IB is a large discount broker and don't provide alot of hand-holding. Some customers are very needy and there are brokers for those requiring constant...

Trend following on one time frame involves counter trend trading on a lower time frame. In other words when you buy dips you're really buying into a longer term trend while the market goes down in the short term.

There, FTFY

It says you're a speeding, tailgating, horn-blowing asshole. :cool:

Right now I use Excel to calculate the mid and "fair" sell and buy prices based on the current bid/ask. Then I manually enter that calculated price for a limit order. It's a manual error-prone process. I like OP's suggestion mostly because it sounds like this could be automated in the TWS...

I use C++, libcurl for reading web pages and HTML Reader C++ Class Library for parsing html. It all works pretty reliably.

This may affect y'all: WTI Spikes Following News Of GOM Platform Loss Of Control, Spill

It sounds like you're "getting in" with options that are ATM or NTM which are the most liquid with tightest bid/ask spreads. Assuming you're "getting out" when the options are OTM then yes, the bid/ask spreads are wider the further OTM you go, no matter what the underlying instrument is...

Options are not easier. To trade options you have to be really up on your probabilty and stats to understand the greeks. Understanding the greeks is crucial.