Search results

Well put Mark. That is actually one of the most sensible statements I've seen here at ET so far.

That's why I've been reading up on different neutral option strategies. Trying to pick the markets direction seems like a fools game. I've tried timing and predicting directional moves before. Sometimes with great success and sometimes not so great. I just want to be consistent, and that just...

Hey thanks. That's a lot of good info. So, use it for stocks that have more liquid options when you expect the stocks actual price movement to increase along with a stable or rising IV. Sounds good to me. Basically you want to treat a RIC much like you would a straddle/strangle trade...

Hi Mark. I said in my OP I couldn't find much good info about this spread. That's why I was asking some questions here to try and learn more about them. Sorry, I didn't specify well enough about what I meant about "how much time to go with". I meant how much time until expiration not how...

I was wondering if anyone has had any experience with using reverse iron condor spreads at all? I've been trying to learn more about this particular spread, but I can't find a whole lot of information about it. It's a volatility spread that is identical to buying a bull call spread and a bear...

What would most of you say are the most watched industry indices? For example, I know the banking index(BKX) and semiconductor index(SOXX) are heavily watched. What others?

I was just wondering if someone makes a statement such as "options are predicting an X% move for XYZ stock" how did they come to that conclusion? Why not Y% or -X%? What option parameters did they look at to come to the conclusion that the X% move was what the options were predicting to be...

Has anyone found the relationship between volume and open interest to gauge what the market is thinking about an underlying at all?

Nice explanation there Random.:)

MAESTRO, have you found volatility smiles/smirks to be of use in this regard?

I've seen it numerous times where someone will something along the lines of "options are predicting an X% move for XYZ stock". How would you go about determining that? Do you look at specific signs from volume, open interest, IV, B-A spread?

For those of you who do use multiple time frame charts(or multiple tick, range, or volume charts) for day trading the eminis do you usually look at data from just the normal market hours or do you include the entire time that the futures market is open?

Hello Prof. I just went through this thread a bit and I have to say that your method is very interesting indeed. I have one question though. You use the (147,49,49) ergodic histogram on the 16807vol CVB chart to determine the markets overall trend correct? Do you look at whether the histogram...

Ving, I agree with you about candle charts. They're what I learned to trade with. I do like them. I've just been fairly interested in renko charts lately because they can help reduce market noise and help make price action clearer for the human mind to read. I think finding how to set them up...

Has anyone used any alternative style charts such as renko, kagi, heiken ashi, or P&F to help read price action? I've been interested in renko charts lately, but haven't come up with a clear strategy to us with them.

Well, I've gotten fairly good at reading price action with constant volume bar charts so far. As long as the market makes at least a moderate sized move I'll AT LEAST break even if not squeak out a small gain. It's when the market gets real choppy that I can have problems. The CVB charts help...

Since you've got Ninja you should take a look at constant volume bars. Each bar is based on a fixed amount of contract volume instead of time or ticks. I find them easier to read price action with.

Hey Natt. How do you trade for a higher probability of a profitable trade? Fractal chart confluence? Or do you look at something else to give you confirmation of a higher probability trade set up?

The reason I thought about using trailing stops is because I've been trying to trade every turn in the market by reading the price action. Without trailing stops it's worked out great when there's a moderate to large sized move. It doesn't work out so well when the market gets into to chopping...

Hello everyone. I'm a long time reader here at ET, but this is my first actual post. I've recently switched from trading options to futures, and have been practicing daytrading the ES 1 contract at a time. So far I've done fairly well. I was wondering if many of you who trade the ES(or NQ...