Search results

  1. D

    How to use my alienware r4 COMP'S hotkeys to integrate with my trading platform

    Can anyone help me with this? I have 27 Macros on my Alienware computer but do not know how to use the Fing thing! Any help wanted, I use optionshouse bTW, thanks.
  2. D

    what are the two worst things a trader can do?

    1. GET THE FASTEST INTERNET, ROUTER, CAT6 CABLES, COMPUTER AND LOWEST LATENCY POSSIBLE!!! How did NO one mention this??? 2. Use hotkeys and get 15 cent options like I do through neotiation
  3. D

    Vega and how to figure out where it is going

    I appreciate it, briefly, can you Explain your style of trading? I do not care what the ticker is (as long as it has liquidity) and I have NO IDEA where a stock's price is going, no idea, so I look for some long stuff but made $650 today with intraday trades I just held all (most of my...
  4. D

    Vega and how to figure out where it is going

    @MushinSeeker I got knocked pretty badly today like $1,200 but was able to cut it in half with some savvy trades. I think BAC is going to keep taking a hit until Wed or Friday when the Data from FED (WED) comes out and the Employment Data (FRIDAY) comes out so I am Holding 100 calls at $25, 30...
  5. D

    Vega and how to figure out where it is going

    Yes, I did figure this out. Quick question, I know you cannot give market advice so don't, but if (hypothetically) you wanted to position yourself (right now) if you had call and or puts on let's say a Bank stock, where would you look (asian markets, currencies, China's interest rate change...
  6. D

    Vega and how to figure out where it is going

    When an options delta approaches 1 for calls or -1 for puts, gamma decreases, that's what I am saying. And if they decrease, Price and delta decrease but gamma will start to get larger if it goes back up and then as it rises and delta approaches 1 the gamma with decrease.
  7. D

    Vega and how to figure out where it is going

    @MushinSeeker SO I am selling them 1 leg at a time and when the price goes down on a call, the delta decreases but the gamma increases at an increasing rate, then, when price goes up, the opposite happens, delta increases while gamma (which is now much higher) decreases at an increasing rate...
  8. D

    Vega and how to figure out where it is going

    @MushinSeeker Correct on the Vega if BAC POPS but then, hopefully it goes down the next day or two (3 or 4 tops so theta doesn't rape me) and then goes back up giving me a big boost from a bigger gamma (because delta is lower) and a vega push, I will let you know what happens at the open, do you...
  9. D

    Vega and how to figure out where it is going

    @Robert Morse Where can I get access to these charts? Thank you. Also, I would use the 30 Day IV as the most important more intraday or swing trading (1-10 trading days), would you agree with that in terms of option pricing and how to profit the most off of vega? thanks
  10. D

    Vega and how to figure out where it is going

    Where can I get this position software you have from as it seems EXTREMELY helpful? Also, I am going to each position separately so let's say BAC pops up tomorrow (this would be very cool) I will sell the calls and take the profit as I want to make $500 off of all the calls at minimum on an up...
  11. D

    Vega and how to figure out where it is going

    I am long on the 100 at $25 strike price, long on the 30 @ $24 strike price and the ratio is b/c I wanted to provide some downside protection and that was all the puts I could buy at the point in time b/c I trade 10-20k every day, over and over and make $30-3k (usually around a hundred or two...
  12. D

    Vega and how to figure out where it is going

    Thanks, I get Long Delta and short like DITM options with REALLY HIGH DELTAS and low gammas and the opposite for short Delta, I get 15 cent contracts BUT a $8.99 trading fee each way whether 1 contract or 1 million, so it benefits me to trade higher amounts as I can trade 10 each way (total for...
  13. D

    Vega and how to figure out where it is going

    Selling 10 naked puts**** CORRECTION
  14. D

    Vega and how to figure out where it is going

    @MushinSeeker 17th straddle means the standard monthly options that expire on the 17th of every month. I bought Options Day Trading and am reading it now, a little over my head but that is good. Legging them out is what I mean correct. The classic problem like with MRO a couple weeks ago is I...
  15. D

    Vega and how to figure out where it is going

    @MushinSeeker My idea is that will inherently volatile stocks like MRO but not as volatile as AMD (where IV fluctuates way too much for a straddle IMO) a 17th Straddle or strangle (I prefer strangles) that you can either sell they spread as one unit, or break it down into the call side and put...
  16. D

    Vega and how to figure out where it is going

    I understand the Greeks and with the exception of buying a DITM option (delta being the most important) and selling it after a 5 penny move in 1-2 minutes, vega is very important to my trading style as I trade BAC, HAL, XOP and MRO and I usually buy the 17ths (standards) of each month and then...
  17. D

    Converting ETF system to trade options

    @quant1 Correctly stated, you are not accounting for change in implied volatility (Vega) or Theta, Delta or Gamma (for your time period Rho shouldn't matter). With different expirations, strike prices and premiums, I do not think you can compare the two and get rational and consistent results.
  18. D

    Whipsaw indicators

    Everyone loses and wins and if you want to try something out use a paper trading account, BUT THIS IS NEVER the same as when your own $ is on the line, so I would follow 1 or 2 stocks all day (when you can) and ahve a MACD and a force index and see what happens and make predictions, then, after...
  19. D

    Whipsaw indicators

    No offense but you cannot predict a whipsaw, if you could you would be a billionaire. Risk and reward, pay to play
  20. D

    XOM

    I would say XOM shares are one of the cheapest in the Dow 30 this year
Back
Top