I'm happy to consider that I missed something, but I don't really see it. Take the theoretical example, and let's apply it to a real stock. ENER...
A long OTM call is definitely not the best way to play this, no matter what. You've gotten little in the way of delta, you're fighting a serious...
Quote from trading_time: So are you saying even if there is no or very little open interest you could still get out? Once you own an American...
This really doesn't make sense either. Buying "several months out" will only reduce your deltas. Also, in this scenario, open interest is...
Well, the whole question is pretty meaningless. If you "know" the stock is going to 55--why would you want to take a limited risk by buying calls?...
#1 is actually not a very good way of profiting. At the money, you'll only have a delta of roughly .6. (i.e. you make money at 60% of the speed of...
Well, it was someone "in the know". Here's your answer: Icahn Takes Stakes in BJ's, Lear
Quote from neophyte321: Have you considered storing EOD volume data to a database. Pretty easy if you have a java app already developed....
DTN sadly resets its volume at midnight each night, and my program isn't smart enough to ignore the "0 volume" lines and get the ticks anyway to...
Quote from IV_Trader: you can define a "Current Month IV" field , then you can plot it regardless if its expired. That's how I do it , anyway....
Quote from ddunbar: The stat of 80%+ of all options expiring worthless serves to back up their stories and observations. This is a commonly...
Quote from neophyte321: I've been looking for something exactly like IQFeed. How well does it work? I'd like to pull, say 500 ticks every...
Quote from volatilitypimp: This type of data seems to be Dr. Jon "J" Najarian's raison d'etre. Indeed! My method for finding interesting...
A good point--you can't really tell until the next day. Still, you can infer a lot. If 500% of the Open Interest traded, and it was all at the...
Absolutely agree with you! To be honest, futures just didn't fit my personality--I switched to options because they just "suited" me better....
I run it over a watchlist of about 100 stocks every day and sort by Total Power. The oddities will completely jump off the page. If the Volume/OI...
It is my own Java application built in DTN's IQFeed. It still needs some work on the "OddFinder", but here's a screenshot. Legend: Bull%...
I may regret biting, but people wrongly treat options like they're mysterious, dangerous beasts. Quote from ddunbar: Because they're less...
Mostly sold. Only 39% of the 121k May 100s were bought on the ask. 30% of the June 75, 80, 85s were bought on the ask.
I was really just trying to prevent the inevitable, "How long will $3000 in options last?" threads that would result after the poster's first...
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