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    Covered Calls vs. Naked Puts

    Is it the norm for ES that the time value of the put is higher than the call? For equities, margin for a CC will be 2.5-3x that of a NP unless it's very deep ITM. Advantage: NP.
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    A Diversified Uncovered Writing Approach

    The profits are a bit "thicker" if you leg in (bear in mind that it's a NP strategy from the get go so legging in is a secondary decision). If you're lucky enough to be playing with an underlying that bounces around in a short time period (possibly even intraday), you can add the long leg...
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    Covered Calls vs. Naked Puts

    Naked put can have as few as one commission - it expires worthless. Covered call can have as many as three - buy stock, sell call, sell stock (if not assigned). There's 3x the B/A slippage as well. The slippage can really add up over time.
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    ITMN option expensive

    It always amazes me people think that readers should take positions based on recommendations from anonymous strangers on the internets. :confused:
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    A Diversified Uncovered Writing Approach

    Everything involves trade offs. The more OTM the strikes are that you sell, the lower the probability that they'll be hit. In return, the premium received is less and the larger the number of them it will take to offset the loss if you get that ONE bad sell that eats you up. Diversifying...
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    Option Chain with IV?

    Anyone know of a site that provides option chains with IV? Delayed quotes is OK. I used OX for years but they have shut the free source down (or changed the web address?) I can get individual quotes real time with IB but would like something that brings up all months as OX did. TIA
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    Trading from home

    LOL. No, I'm really not a farmer. But I did join the Farm Bureau in order to get group insurance. The only hurdle for coverage was the typical health history questionnaire. When my insurance of 20+ years decided to cease providing coverage to out of state retirees (I retitred young), I...
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    Trading from home

    I became a farmer :) Joined the Farm Bureau (maybe $50 annual dues) and got group insurance, avoiding medically underwritten inusrance that costs an individual an arm and a leg.
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    Buying all the float of a bankrupted stock like LEHMQ (LEH) or WAMUQ (WM).

    Suppose a group of people start buying all the VCRs available in stores, circa 30 bucks apiece and will only start selling at $60 apiece. What's the incentive for people to buy something that's soon to be a "Do you remember when?" item? (think Betamax) Better yet, if it's such a good idea...
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    Trading from home

    I trade from home. Solitude is its major drawback. I can't imagine trading in an office with other people since that would be an absolute distraction. I rarely interact with others during trading hours unless it's slow or I'm taking an extended break which is rare. Interaction with people is...
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    One trader's story, with returns history

    LOL... I must be your anti-clone. What worked modestly for me in other years worked suiperbly in 2008 and 2009. Congrats on your performance.
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    Buying all the float of a bankrupted stock like LEHMQ (LEH) or WAMUQ (WM).

    It would seem highly unlikely that anyone could move the price of these because the float was so large when they went under and they're all bagholders now. People currently holding near worthless wallpaper would jump at the chance to get something back (I'm talking nickels and dimes). As fast...
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    multi-strategy options traders

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    IB option charts

    Is it necessary to have a troll finder general to resolve internecene squabbles?
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    multi-strategy options traders

    You need a formula to calculate the return: d = m/v where: d = density m = mass v = volume
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    IB option charts

    Grasshopper, The answers to all the questions that you can dream of can be found here: http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dstripbooks&field-keywords=OPTIONS Sincerely, Obi Want Cannoli
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    IB option charts

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    Rule of thumb statistic

    It's time for a lesson in statistics: 68.2 % of statistics are true and the remaining 56% are made up!
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    Seriously, this is amazing.

    For everyone who makes money, someone loses... and the players change seats regularly.
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    IB option charts

    Where are IB option charts? IB is really pesky about that! They hide them under the icon called CHART at the top of the trading platform as well as in the menu (the word CHART) that opens when you right click the option symbol.
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