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Hello MTE. The whole thread has been pretty mundane except for your quote above. What is the issue related to using the Analyze Tab in ToS? Regards,

I have a ?4U... Assuming you had the data, how would you backtest? What software would you use? What benefit would intraday tick level data provide over EOD historical data? What trading timeframe do you think you are shooting for?

Jeez DMO... I have to admit that even I understand that..., and I'll NEVER claim to have a professional-level understanding of options. But in keeping with the Topic "Thoughts on a Trading Model", I can contribute the following: For the past few months I've been trading a few Calendars and...

Uhhhh... Bubba Gump here... 3.95 bid!

Hey DMO... That is the explanation I needed. You just put the hay down where the goats can get to it! Some people don't mind haggling while others like me find that haggling is a hell of a big waste of time. MMs are exactly like Car Dealers in that some of them advertise a price very close...

Thanks for another great reply. You made it easy to see how other MM's jump in and make better B/A's (both sides simultaneously) which creates competition. But as a retail trader who only wants to make either a Bid or an Offer (not both), and the quote is your ultra-wide 3.00 Bid at 4.00...

Thanks DMO for a very thoughtful answer. It was my (mistaken) impression that it was in the MM's financial interest to maintain reasonable B/A spreads in order to encourage buyers and sellers to 'play'. I'll start paying attention to Bid Size and Ask Size in an effort to better understand...

You completely misunderstood the post. My EOD database is of the underlying equities, NOT the Options. The data is good. The B/A spreads I ask about are from LIVE quotes of the Options Chains. So I repeat... Can anyone explain why the Option B/A spreads are so radically divergent for...

I maintain an EOD database of selected optionable equities. The main criteria for inclusion into my database include the following: * Option liquidity and open interest * Bid/Ask spreads Since quite a few of you are former MM's, here is the question... how are the bid/ask prices...

Hey... You make a trade and you win or you lose! It is YOUR trade and it will be YOUR profit or loss. So why get so damned Ill-tempered at others who do nothing more than respond to your whining post? Show a little more maturity.

Curious that DRYS Nov 7 Call IV is 10 points below Dec 7 Call. Since earnings are coming out in early Nov shouldn't Nov IV be greater than Dec? Just an observation.

Nobody wants to pay a penny more in commissions than they have to. And the smaller your account size, the more important the transaction fees are. The larger your account becomes, the larger your trade sizes get, and with a commission fee schedule that is structured to get cheaper on a per...

This was one of the *many* reasons I switched to ToS from IB. From memory... you have to build the IC order a leg at a time using a generic spread leg layout. It is a time consuming process and unlike ToS, you don't have the Greeks to work with. Once you have the order built and...

Hey DMO, Sorry to Quote you a 2nd time, but there was something familiar about your comments about managing complex options position(s) by greeks. A couple of months ago I stumbled across a website where the operator promoted the concept of spending 10 or 15 minutes each morning to...

A complex reply for sure... but I understand what you are saying even though I would personally get 'bumfuzzeled' trying to figure out the necessary adjustments to make on a seriously multi-legged, multi-month position based on the greeks. Don't know that I'll ever (or ever want to) achieve the...

So many guys and gals here are on top of their game and can quickly absorb the implications of complex options positions. I've looked at this strategy and while I follow it, I've opted to leave it to those who are more mentally agile than me to trade it. I can only offer the opinion of a...

The "trading advice" I devine from Food Network is superior to that given out on CNBC. If I had to rank the relevence of information on CNBC, it would be as follows: 1) David Einhorn 2) T. Boone Pickens 3) Warren Buffet Followed by everyone else... with "Options Action" being the...

Master of the obvious? Just wanted to join in the useless 'wisecracking'.

Most of the time the MM 'bots' do have it covered. But occasionally you will find Bid/Ask quotes on obscure issues that can yield nice returns when you hit their quoted size. Then after getting the trade you can observe that the MM's are really pissed @ getting 'hit' and they manually adjust...

Mark, With newbies, it is always dangerous to take "literally" what they write, ie., when they write "what options to buy" can you take their characterization of "buying" literally or are they really saying "trading"? And as far as your statement that "'pros' do NOT sell naked options"...