Search results

Exactly right, Handle123 -- three kinds of hedges: 1) "Mirror" or negatively-correlated, 2) "Redundant" or positively-correlated, 3) "Disconnected" or non-correlated. In common usage, people concentrate on mirror hedges -- forgetting about useful redundant(s) or non-correlated(s).

A profit on those 30 shares of [Put_Strike - Mkt] * 30shares.

Out-of-the-box, IB's TWS is little more than a glorified spreadsheet. But it's not meant to be used that way. TWS is configurable in 2 or 3 ways on pretty much hundreds of different features -- meaning that there are a near-infinite number of possible set-ups. But if you didn't like TWS, and...

S.O.H.: Sitting on hands.:thumbsup: One of the most valuable skills a trader (or investor) can have, is learning not to trade when their work ethic (or a need to generate revenue) demands otherwise. If you do not have a trade for which you feel comfort and confidence, then don't trade. If you...

He's not going to like that. Too many big words. :rolleyes:

Clueless critics who mistake ego and a computer mouse for discipline, perseverance, and the undertaking of responsibility for OPM. :cool:

Maybe you'd like someone to chew your food for you, too? o_O

Debating about whether to hedge is like debating whether to use the brakes on your car. :banghead::rolleyes:o_O:D

Isn't this a Phish lyric? (Sorry. It's Friday...)

I think you're asking the wrong question. What *I* want to know is, who's going to sell me that Kevin Spacey put? I mean, *Damn.* (And then there's the related question, where can I *buy* the Seth MacFarlane call????) And hell, I'd go buy the bottoming Louis CK for sure. Total bargain...

2.5 points right now! 2760.50! More! Me? I'm eyeballing Jul13 positions at 2780 (violating my roll-at-30pts rule, AND my roll-at-25δ rule) and Jul20 positions at 2795 (nearly 25δ -- "burp.") We've got earnings starting Jul13, so I'll try not to move out beyond. I've got open margin on top...

Looks like Europe (DAX and DJ600) have decided to follow us, at 10:30 -- which means a change of behavior at the Euro-close is not likely. (Which jibes with the headline of 'China waiting til 12-midnight to initiate tariff responses to U.S. charges.') Because this is headline ('grey swan'??)...

Were my arm twisted to trade VIX options, I would buy_19_&_sell_21, looking at some point to sell_19_&_buy_20 and, if the gods smile, sell_20_&_buy_21. But I'm a cheap-ass, and a chicken-shit, and buy reluctantly. :D (Which means, I look at your two trade ideas as being pretty much the same --...

You might want to inquire on the TWS_API list in Google-land, which has a good number of traders who share your stated connection interests, *and* a good number of traders from Europe. The intersection of those to sets would be your target, eh?

https://www.elitetrader.com/et/threads/priips-kid-on-ib.322160/ Sorry, but you been had. It's not IB's deal, but they should've been telling you for weeks. I don't know if other brokers acted similarly. (Nor, how long it might last.) But it's stupid paperwork for the product, compounded by...

HILARIOUS!!! This is one of my favorites, of anything, anywhere, on Youtube. (Here's my #1 fav, if you must know... but that would be wayyyyy the hell off topic...) AT ANY RATE, ... This guy's lecture (and this class, and those MIT chalkboards, ....) big favorite. BUT THE REALLY FUNNY...

I'm big on https://en.wikipedia.org/wiki/Greeks_(finance) as my usual starting point. If I can narrow search terms down further, I can put those terms into a search engine for more detail. And most entries have some very solid and timely[!!] footnotes. As well, you can use wikipedia to gain...

OMG, that is so obvious, once you pointed it out.:rolleyes:

Yeah, this is a monumental mess. One choice you have is take all of these positions as starting points, and construct new positions around them that make a modicum of sense. DON'T DO IT. 1) Decide right now, what you want to commit to NFLX positions, according to proper capital and portfolio...