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Does anyone know of a non us based broker who offers online trading of us equity options?

Hello Ryank, Understood!! I had prepared my (now discredited) trade plan, based upon the teachings of gentle brokers. Could you point me where I could learn a more sensible way to selling premium? Rgds, Newboyo

Hi Ryank, Thank you for your explanation. I see what you mean in terms of the risk. Wouldn't a stoploss limit order help restrict my loss. Say if the stoploss limit is placed at credit received+10% of margin at risk? Rgds, Newboyo

Hello Rally, You said - Being 2 sigmas out of the money doesnt mean you arent trading direction. I didn't understand this statement. I thought that as long as I'm not short naked options and hold positions to expiry, it is immaterial to me, which side the underlying moves. so the...

Hello Ryank, Rcanfiel, Rallymode, Thank you - especially Rally mode- for pointing out the dangers of ICs to me. Reading Rallymode's posts on the SPX IC thread was very instructive. Could you please help by telling me what could I do to learn selling spreads properly. I have just...

I thought I should start off a directionally neutral strategy with high probability ICs - but I stand suitably chastened. Could you please guide me, in how to choose directionally neutral trade plan. Much appreciate your advise. Rgds, Newboyo

All I have been able to do is to look at the NDX chart with 2 sd bollinger bands. That seems to bear out the theory. Any other suggestions would be most welcome. Rgds, Newboyo

Hi there, Am a newbie - trading credit spreads. My trade plan revolves around selling ICs on NDX, with the short strikes outside the 2 std dev points. Approx return on margin is 4%. I plan on placing stop losses at the level where spread price = credit received + 10% of margin. Based...