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  1. J

    Who here trades index futures for a living?

    Hi ggsn1, Are you a directional trader, or a vol trader... with options, it's either correct direction or correct volatility that makes money... Walt
  2. J

    What am I missing?

    Congrats on your performance... are you long vol or short vol with your non-directional trades? Walt
  3. J

    Box Spread Arbitrage

    Give "TastyTrade.com" a "look-see"... Tom Sosnoff and Tony Batista, two former option floor traders who have been very successful, give a free daily market broadcast. Tom is the founder of Think or Swim and sold it for about $600 million. Their daily broadcast is very informative. Walt
  4. J

    The Fed is getting destroyed...massive bond losses

    +1... as a matter of fact, Ben Bernanke recently testified to that effect before congress... In the end, the fed will simply hold the bonds until maturity while simultaneously printing money... Don't worry about the devaluation of the U.S. currency, as there's a universal collusion to print...
  5. J

    Spread orders on TWS not displaying properly

    I'm having some fundamental problems with "non-guarantee" spreads on financial (treasury) futures. I would like to enter a four legged intercommodity spread with four different instruments. IB only allows two legged intercommodity spread orders, although it allows you to create & view a...
  6. J

    Spread Execution Software

    thanks...
  7. J

    Spread Execution Software

    How much would you charge?
  8. J

    Spread Execution Software

    I would be fine with buying at the ask and selling at the bid; however, I have no coding skills. It would be easier for me to pay someone to code that for me. Do you have any suggestions? thanks, Walt
  9. J

    Spread Execution Software

    thanks for your reply DM... what I'm looking for is a software that will execute all legs of an intercommodity spread simultaneously. I wouldn't want the software to leg into the transaction, as the risk/exposure wouldn't warrant the benefit of legging into the spread. btw... does anyone...
  10. J

    Spread Execution Software

    I'm having a problem with Interactive Brokers. I'm interested in executing a spread that often will include 3 - 5 different treasury instruments. For example, I want to trade the UB, ZB, ZN & ZF simultaneously as one spread trade. The problem is that IB only allows 2 legs for "non-guarantee"...
  11. J

    Ultra bond

    Is anyone experienced with trading the BOB spread? Would you offset this spread with the ZN? thanks, Walt
  12. J

    Extremely High Margin Requirements on Back Months - Interactive Brokers

    I'll give SPX a "look see"; however, I'm willing to bet that I will run into the same type of shenanigans as with ES... but perhaps I'll be pleasantly surprised. btw... the issue of legging out creating margin calls would never occur with IB. I've had large front month spread positions...
  13. J

    Extremely High Margin Requirements on Back Months - Interactive Brokers

    I'm sorry guys, but I just don't buy it... since when did any broker, particularly IB, start looking to protect the customer from losing money, or even blowing out their account???.... If that's the case, then I guess we can all assume that our respective brokers will always be there to keep us...
  14. J

    Extremely High Margin Requirements on Back Months - Interactive Brokers

    Comintel & Pfranz, Your perspective is appreciated; however, the big difference is that I'm not talking about naked positions. If I was trying to enter a naked option position, or a net short, option position, then your points are 100% correct. My point is that my positions are...
  15. J

    Extremely High Margin Requirements on Back Months - Interactive Brokers

    With all due respect, the contract in question is VERY LIQUID, even far month contracts... I'm talking about the E-mini, not pork bellies... Plus, even if it was a situation of IB worrying about liquidity on contracts 6 months out, then simply set the Initial Margin requirement at the max...
  16. J

    Extremely High Margin Requirements on Back Months - Interactive Brokers

    I'm not sure if this thread belongs here or in the Options forum; nonetheless, here is the "CRAZY" margin requirement imposed by Interactive Brokers... I tried to enter a far back month Iron B-fly (Dec 2013) on ES (S&P E-mini). The Initial Margin for 10 contracts on this transaction was more...
  17. J

    advantages/disadvantages trading TBond, 10 Yr or 5 Yr Notes ?

    I figure that I'll have time on my side... interest rate simply cannot remain this low forever... the moment any rumors about the Fed pulling back on monthly mortgage purchases, rates should rise... I hope that I will have the patience to hold on to my short ZB position for the next 3 - 6...
  18. J

    advantages/disadvantages trading TBond, 10 Yr or 5 Yr Notes ?

    I shorted the ZB at 146... I wish I waited to 148 before shorting it... I'm thinking about adding to my short position if it gets to 150... I also sold a call at 150... Walt
  19. J

    advantages/disadvantages trading TBond, 10 Yr or 5 Yr Notes ?

    I'm taking a big hit by not spreading on yesterday's transactions. I thought the risk/reward & probability was in my favor to short the ZB (30 yr Bond) & ZN (10 yr Note); however, the ZB is rallying so hard that I'm losing money faster than I can stomach. Although it's true that "the...
  20. J

    What the hell is causing this extreme constant bullish move in the Dow??!

    FWIW... here's my perspective.. Institutional shift from the bond (fixed income) market to the equity market... Ironically, the Feds actions to keep interest rates low will ultimately drive interest rates up... the increase in yield drives down the bond prices; thereby, prompting the shift...
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