Search results

Without an edge, you can't overcome options! :)

The greeks are calculated based on a theoretical model......... The greeks are calculated based on a theoretical model......... all together now. The greeks are BASED ON A THEORETICAL model It was an OCD moment drumming fingers counting numbers drumming fingers counting numbers...

I don't know diddly about the floor so this is merely curiosity... Are you implying that all market makers pay same/similar broker/dealer commissions? For example, does(do) the IBM market maker(s) pay such fees for trading in their own stock? Do floor traders pay such fees for trading...

Jeff Augen wrote an article for last May's SFO Magazine about an IV pattern on expiration day for stocks over $50 with large open interest, He stated that barring major news, IV tends to increase until 11 AM, drops toward noon, levels off for 2+ hours and then drops sharply into the close. He...

Who would market makers pay commissions to? Ummmm, they make the market. Floor traders buy and sell for their own accounts. They don't pay commissions.

Ignoring the pleasures of working outside in sweltering summers and freezing winters, after a number of years of 12 hours per day on your feet, add fallen arches and a bad case of rhoids :)

Truly spoken like someone who either has lost money daytrading or has no clue how to do it.

Just add the closing transactions to the initial credit. + 3.25 initial credit - 520.00 buy stock (520p assigned) + 510.00 sell stock (510p exercised) +18.00 sell 510p - 8.25 buy 500p -------------------- + 3.00

One circumstance when it might make sense to exercise a call early: approaching dividendsThe exception to these three rules occurs when a dividend is going to be paid on the stock. Call buyers are not entitled to dividend payments, so if you want to receive the dividend, you have to exercise the...

Early exercise happens when the owner of a call or put invokes his or her contractual rights before expiration. As a result, an option seller will be assigned, shares of stock will change hands, and the result is not always pretty for the seller. (It’s important to note that when talking about...

I'll repeat the suggestion I gave you on the other chain that you started: Do yourself a favor and find a better commission rate. Trading is hard enough to start with and that $10 base fee really adds insult to injury.

To minimize credit risk to the exchange, traders must post a margin or a performance bond, typically 5%-15% of the contract's value. To minimize counterparty risk to traders, trades executed on regulated futures exchanges are guaranteed by a clearing house. The clearing house becomes the...

In finance, a futures contract is a standardized contract between two parties to buy or sell a specified asset of standardized quantity and quality at a specified future date at a price agreed today (the futures price). The contracts are traded on a futures exchange. Futures contracts are not...

Is that done by digital ex-strap-olation ? :confused:

You need about 2% a year to beat money market rates and about 100% a year if you plan on living off your trading :)

Buy em if the underlying goes up.

Be careful and watch out for the boojie man!

Is OX weighting the IV or just defaulting to the near month? If one took a position in Nov (40 IV) would the software use an IV of 30? A call to OX might resolve that quickly :) As you know, front month that includes earnings date will probably surge in IV as EA approaches. So it's really...

Looks reasonable except for the monthly data fee and the $25 whacking per assignment/exercise.

I always wonder why there are all these laws and we have to obey them. Maybe the Fidelity rep can explain that one to me?