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Does anyone have a good daily resource for finding stocks with high implied volatility? Dennis

it's random, and it doesn't matter how many contracts you hold vs. how many the person exercising holds. For example your friend exercises 50 contracts, 50 different people with 1 contract could be assigned in theory. I wrote 10 OEX contracts and was assigned on 5, assigned on 2 ten minutes...

I've never traded futures and am not sure what you mean by this. Do the futures allow an arbitration, hence holding the option pricing at intrinsic levels at the least? Forgive me being naive, I appreciate your help. dennis

If you're willing to count options as short positions, clearly you can make way over 100%. Look at the lucky bastards who bought OTM BSC puts for xxxx% return.

I had an OEX iron condor that was way far gone so i decided to let it expire at max loss. I was assigned on 8 contracts and instead of losing 5k i was down about 13k. My broker margin called me (i missed the phone call) and for some reason he didn't close me out and the market later tanked. I...

yes, but i also argue that it can't be done ever. There's no way to ever model it correctly unless they allow trading on the underlying. Thanks for the confirmation though. I thought I might be missing something. Dennis

In a nutshell I'm saying the TOS charts are incorrect, no true risk chart can be drawn. Agree? Disagree?

if you put on a time spread in a european style option, is it possible to have an accurate risk chart if you cant purchase the underlying, such as the VIX? It's a tough question but think about it. I get charts in TOS but i think it's a programmed output that doesn't apply in the real world...

I sell condors on TOS and i notice it can be pretty tough to get filled. If you move your price a little closer to nat on the mid/nat slider you will have a better chance, of course it will cost you a little more. way less of a prob on spy/qqq due to awesome liquidity. I go through the same...

Hey I've never traded calendars or diags and I have one question to ask. When analyzing the trade I'm not too sure how to interpret the chart. I use TOS and use the risk profile chart, probability at expiration. Since I am dealing with 2 different expirations are these charts an extrapolation...

I was following the same trade pattern all year. (buying below 10dma, selling above etc.) It made me money overall but i got burned bad last month, 1-2 weeks is most you want to be long vix. a couple weeks before expiration you better be ready for option pricing to fall off a cliff. ps. Vix...

Anyone making a play on this today? It's near jan/feb lows.

Thanks guys. my particular trade involves Deep in the money spreads. I can only get the risk profile I want on american style options, due to the contracts being held tight by arbitragers. I suppose the risk is in being assigned early, but would TOS protect me from this if I am setting up to...

I was hoping an experienced options trader can help me figure this out. The spread i'm interested in has to be entered as 3 seperate spreads in TOS, yet each individual leg has fairly high margin requirements on its own. I'm sure the margin requirement would not be so high if all 3 spreads...

Hey thanks man. It's cool. I thought your last post was pretty fuckin funny. (get it) I looked into similar offset selling but my bp is shot. I'm going to take a Q1 writedown on this one, lol. Oh well lesson learned. You what really burned me? My nature is so easy going. Nothing gets to...

Thanks for the tips everyone. I'm going to close this out tomorrow. What a bad trade I made. This is also as close to a sure fire sign that the vix is about to spike, lol. Thanks again Dennis

I had an iron condor strategy that was working nicely for about a year. 3:1 risk reward, 6 weeks out on an index, close out 1 week to expiration. My mistake was going all in because of how well it was working. I than got crushed in jan and hastily revised my whole strategy. I decided the market...

You're right that i don't know what i'm doing but can you honestly pick 2 worse times for a new trader to enter the market in the last decade?

I've been trading Vix since jan. Whenever it fell below 10dma I buy calls. I only spend 1/3 of what i was willing to put into position to allow for the double and triple down. I've never been forced out because this has worked big time since Jan. I wouldn't be scared if i had may calls but we...