Your trading profit.
Correct me if I am wrong. I thought both spx and spy has the same tax rate. They are not future products.
Yes, almost every broker gives you short interest, but the question is how much? I think prop firms give a better rate than a retail. You can...
I agree. I have been trading OIH naked puts and naked calls. (Sorry Coach, I am a big believer of premium collection, but I don't recommend it)....
Are there any prop firms charging commissions lower than IB for option and future? What are the pros and cons of joining prop for future and...
If the firm has only prop trading and nothing else, they make $ from your commission. BTW most of the prop firms charge you commission...
Got it! What other good journals should be followed too?
How is it compared to "Options as a strategic investment"?
close the position for debit of 0.75. Net profit = 0.5 in one day.
Sorry, but you have so many edges!!! :)
CTM credit spread is good for short term reversal. For my spx FOTM credit put spread, it takes me a whole week to make $1.
Covered at a debit of 0.75. Net profit = 0.5. Not bad for one day gain :)
Thats true. Span is calculated based on the probability (or volatility). At "panic" time, volatility goes up, and so is the margin. You are...
Trying it yourself is the best way. I just did a pure diagonal yesterday. You need to have an opinion whether you are doing diagonal or credit...
I am still using ameritrade as my option broker. I found many people use TOS or IB here. Can anyone tell me the difference? Currently I am...
For haircut margin, the maintenance margin will change with the index level. Is it MTM? So we still need to have a cushion for the margin change.
If you opened the position when OIH was higher than 130, you need to wait till OIH goes to 150 to get a decent profit. Less than 10 point...
Are there any books that talk about selling options based on volatility skew, and how volatility changes with market condition?
The problem is we are very greedy. Thats why we trade.
Haha. What can I say? I made a mistake in my model, and I calculated the expected return using put option. but look at this thread...
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