Just piss-off, man, here is no demand for your such useless comments.
botpro (p)
- Thread starter botpro
- Start date
RULEZ FOR VIZ
Everybody who posts off-topic nonsense here will be banned for some weeks (ie. will land in my Ignore List).
I will also not hesitate to publish my list and also file a complaint if someone still continues to violate the rules.
So, people please stay on-topic and be polite in this journal/thread.
Remember you are just a visitor in this journal/thread...
So, have some good manners and you better behave like a good visitor... Thx
Everybody who posts off-topic nonsense here will be banned for some weeks (ie. will land in my Ignore List).
I will also not hesitate to publish my list and also file a complaint if someone still continues to violate the rules.
So, people please stay on-topic and be polite in this journal/thread.
Remember you are just a visitor in this journal/thread...
So, have some good manners and you better behave like a good visitor... Thx
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Botpro
This is the Journal section, which has an unwritten rule of no useless or off-topic replies - most ET members should know that. I think the mods will delete most posts that you request to be deleted in the Journal Forums.
I think you should also track the IV and see where it is in relation to past iV. All option prices are affected the most by changes in implied volatility and if the stock grinds higher while IV collapses, the options will hardly budge, not to mention that they are OTM. Just a thought to note it and keep an eye on it.
I think with such a big stock that little position of ~$20k should be no problem regardless of opt qty or OI, don't you think so?
The MMs and the HFT bots would be happy...
HFTs are not into charity. So yes, you can get a position but not at that price. You're making all the newbie mistakes. You always need a counter-party to take the other side and your actions affect the market price.
I'm not an options trader however, so perhaps someone more at home with options could comment and correct me (or you).
It is a 50:50 chance that the order gets filled b/c it uses mid-price. So what? It is IMO the most fair probability.
It depends mainly on the price development of the underlying, it fluctuates around its mean.
So, the rationale here is that it should be filled soon or later.
I'm not dependent on immediate fills, always using just limits orders only.
I will consider it, but I saw also very unrealistic IVs w/o having any useful info or value.
I'll check it again...
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Is it IV that drives premium prices or do premium prices drive IV?
IV is the vola of just hat particular options strike only.
Of course mainly supply and demand do drive the prices.
IMO both markets (underlying and its options) do influence not only their own respective market but also the other market.
Ie. a big options trade (especially if it comes in series) can also have an impact on the price of the underlying.
Of course the premium drives the IV.
That's completely unrealistic, it's more like 85:15 that it will be against you. The market isn't fair. What if the underlying moves against your direction?
But really, it's a waste of time arguing. I'm talking about the practical side, you're all theory.