Recent Content by taowave

  1. Best option strategies to learn ....

    In the example I gave you,vol was super jacked, which is why you could collect 4.25... You would have a very very difficult time losing money on...
    Post by: taowave, Jan 24, 2020 at 6:48 PM in forum: Options

  2. Best option strategies to learn ....

    Hypothetical example... 100 dollar stock. 105-110 call spread trades at 2.25 95-90 put spread trades at 2.00 Sell both spreads for 4.25 Risk .75...
    Post by: taowave, Jan 24, 2020 at 9:10 AM in forum: Options

  3. Best option strategies to learn ....

    But here is the problem..If you arent Delta Hedging,every position has an implied directional bet.If you absolutely suck,you are in medium to deep...
    Post by: taowave, Jan 22, 2020 at 10:21 AM in forum: Options

  4. Do people buy stocks for P/E or for price increase ?

    Im a little confused as to why Earnings yield is a better measure than P/E. Are you saying if I run a backtest with an Earnings yield filter...
    Post by: taowave, Jan 18, 2020 in forum: Trading

  5. IB would lose 80% of its business...

    Believe it or not,you get used to it pretty quickly. They do make up for it with other features..
    Post by: taowave, Jan 16, 2020 in forum: Interactive Brokers

  6. IB would lose 80% of its business...

    IB shows the bid offer spread and size of the spreads.. TOS only reflects the theoretical market if one were to take an offer and hit a bid. If...
    Post by: taowave, Jan 16, 2020 in forum: Interactive Brokers

  7. IB would lose 80% of its business...

    I have already left IB for TOS,but you better make sure you can deal with the manner in which TOS executes option spreads before jumping ship.
    Post by: taowave, Jan 16, 2020 in forum: Interactive Brokers

  8. Best option strategies to learn ....

    You havent truly expeienced the "joy" of options until you lift a leg on a spread while the other decides to sprint away from you..Nothing quite...
    Post by: taowave, Jan 15, 2020 in forum: Options

  9. Best option strategies to learn ....

    i should have mentioned never to use limits when legging into/out of a spread.. Its one thing to put in the limit order to execute as a spread,but...
    Post by: taowave, Jan 15, 2020 in forum: Options

  10. Best option strategies to learn ....

    If there is no liquidity and wide markets,a newbie will get punished unmercifully in transaction costs. It not like the newbie is a market maker...
    Post by: taowave, Jan 15, 2020 in forum: Options

  11. Best option strategies to learn ....

    If you are trading a highly liquid instrument and the option market is .01 wide,I would place market orders. If the market is .15 or more...
    Post by: taowave, Jan 14, 2020 in forum: Options

  12. Best option strategies to learn ....

    Almost impossible.. AMD is pretty dam liquid with tight markets.Even if you accidentally typed in to sell at .01,on a 1.60 option,you would...
    Post by: taowave, Jan 14, 2020 in forum: Options

  13. Best option strategies to learn ....

    Sure,5 point vertical as in the 100-105..The "width" is 5 points..2.5 debit for the spread would be 1 to 1 risk reward..
    Post by: taowave, Jan 12, 2020 in forum: Options

  14. Best option strategies to learn ....

    Ok,you passed the sniff test:thumbsup: Without accounting for vol/skew,I'm not sure how you deem a vertical to have edge.. With that said,I...
    Post by: taowave, Jan 12, 2020 in forum: Options

  15. Best option strategies to learn ....

    I agree that understanding verticals is a very good building block,but in no way can anyone say that any vertical trading for less than half the...
    Post by: taowave, Jan 12, 2020 in forum: Options