To maybe answer some questions: I use Interactivebrokers. They charge 75 cents per option contract ($1 minimum). To open 2 spreads, the...
I'm not sure I understand the question. When I referred to about 200 spreads and 50 positions, I was only talking about the acct. with $115K in...
Forgot to mention GS was at 220 when I entered, then of course it dropped. Not my finest position. But It's a small pos I'll survive and I might...
PHG I was giving you live prices when I sent the message. But that doesn't mean you get the fill you want. You just don't open the spread till...
I have 5 of the ABX spreads.
My position sizes run from 2 to 10, with 4 spreads as average size. I like the fact that large positions are difficult, it keeps the market open...
for PHG You are misled about the bid ask spread. We don't leg into a spread. We bid the whole spread, generally I split the bid-ask in half...
Real life stuff ABX APR07 22.5/25 @ 2.05 now 2.4 AMGN JUL07 60/65 @ 3.85 NOW SAME APA APR07 55/60 @ 3.8 NOW 4.65 BTU JUN07 30/35 @ 4.0...
MTE - I going to try to give you a real response when I have time to prepare it. For now: I thought we were on the same side with DITM...
Wait - back up! I don't pay commisions when my spreads are exercised!!! What are you saying?
daddys boy. 1. I don't know how to manage that kind of spread. I will look into it though. 2. I rightly or wrongly do not consider the extra...
Wayne, I really appreciate your input. In your post earlier, I got the idea that you considered a long position safer than the DITM spread...
This is a TRADERâS forum. This is an OPTIONS forum. I am not the only one around here who believes in the value of option-based strategies....
URSA How can I argue with your analysis? You are absolutely correct, that is exactly what the odds say. In fact that analysis stretches out to...
A word to Beltway: The 115k means the âliquidation valueâ of the spreads. The liquidation value contains a certain amount of âunrealized...
to beltway again I am maybe over diversified, but I prefer that to underdiversified. A lesson I learned last year. So the account that has...
reply to beltway. I have a more agressive account that amounts to 145K. I have 10k cash, 115k in DITM Bull spreads, and the rest in Long...
URSA - Now you're talkin'! I live in Las Vegas. I don't gamble in the casinos cause I know the odds are with the house. In thirty years of...
to MTE, you are making a lot of false assumptions about my trades. I'm handling over $350k in spreads for me and family members. I'm handling...
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