Option Income Portfolios

[RichardRimes]

Quote from frank99:

riskarb,

I've very interested in this strategy. I have a couple questions for you:

1) What is a BOM and an ABN AMRO?
2) Do you have to use two separate accounts with two brokers? Or can you do this with one account?
3) In item #3, what do you mean by "hedge BOM with vanilla options"?

Thanks very much!

Frank

Frank read thru the following thread...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=69113


It will answer most if not all your questions. While very interesting I think you may need RA looking over your shoulder the entire time

 

[frank99]

Richard,

Thanks! I appreciate it. I will start reading right away.


I just got finished reading about 200 pages of the SPX Credit Spread Journal, and I need to take a break.



Frank

Quote from RichardRimes:

Frank read thru the following thread...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=69113


It will answer most if not all your questions. While very interesting I think you may need RA looking over your shoulder the entire time

 

[RichardRimes]

Quote from frank99:

Richard,

Thanks! I appreciate it. I will start reading right away.


I just got finished reading about 200 pages of the SPX Credit Spread Journal, and I need to take a break.



Frank

The 1st 200 pages of SPX CS journal are "Dick and Jane" compared to anything Risk writes...however I was re-reading abt 217-350 of the SPX journal the other day and its very interesting...the same time frame (Sep/Oct/Nov) of last year. de ja voux?

 

[IV_Trader]

Quote from frank99:

Richard,

Thanks! I appreciate it. I will start reading right away.





Frank

keep sharp objects away while reading ; its became very tempting after first couple of pages. Been there.

 

[cattus]

Riskarb,
what is delta-straddle?
Thanks.

 

[riskarb]

Any straddle carrying significant delta position. It's a subjective determination.