Recent Content by pengw

  1. Straddles Profit Potential

    With long straddle, you are racing against time, also you are betting IV going up, at least won't drop because it is a long vega and short theta...
    Post by: pengw, Sep 25, 2009 in forum: Options

  2. Earnings Volatility Plays

    From tracking all my earning trades. For the past five years, I have kept a trading journal. Now I used google calendar to track all my...
    Post by: pengw, Sep 3, 2009 in forum: Options

  3. Earnings Volatility Plays

    I guess you still didn't bother to look at the chart I posted, where does the short vega come from ?
    Post by: pengw, Sep 3, 2009 in forum: Options

  4. Earnings Volatility Plays

    Please see attached image, it is a long Vega and long Theta play. Even you set IV ratio to 3 ( which I think cover 50% of cases ), the combined...
    Post by: pengw, Sep 2, 2009 in forum: Options

  5. Earnings Volatility Plays

    Yes, and with higer strike. You need liquid options to trade CRB. We only choose the most volatile stocks to trade. I remeber the day when...
    Post by: pengw, Sep 2, 2009 in forum: Options

  6. Earnings Volatility Plays

    Mark, The strategy is a long Vega, long theta play, but it does not mean any drop in the back month will hurt the position as long as the...
    Post by: pengw, Sep 2, 2009 in forum: Options

  7. Earnings Volatility Plays

    Image for after ER
    Post by: pengw, Sep 2, 2009 in forum: Options

  8. Earnings Volatility Plays

    You can specify different IVs for each leg before ER, the IVs for each leg depends on the ratio you set. See attached two images, one is for...
    Post by: pengw, Sep 2, 2009 in forum: Options

  9. Earnings Volatility Plays

    Please see attached image.
    Post by: pengw, Sep 2, 2009 in forum: Options

  10. Futures Options - Question

    For realtim quote, check CME at: http://equivalentswdc.cme.com:443/index_6C.html They cover all the active traded futures options. for...
    Post by: pengw, Sep 2, 2009 in forum: Options

  11. Earnings Volatility Plays

    Well, we have been playing stock earning using options for several years now. We usually initiate a Calendar spread just before a company's...
    Post by: pengw, Sep 2, 2009 in forum: Options

  12. Have you guys tried the Options Lab ?

    Here is a sample image.
    Post by: pengw, Aug 31, 2009 in forum: Educational Resources

  13. Have you guys tried the Options Lab ?

    Check it out at http://www.TheOptionsLab.com It is totally free for individual use.
    Thread by: pengw, Aug 31, 2009, 2 replies, in forum: Educational Resources

  14. Protecting stock gains by buying calls

    With so many stocks with options available, can't you use a better example to tell your case ? intc going to 90 ? Are we back to 90s ?
    Post by: pengw, Aug 31, 2009 in forum: Options