1. Be willing to treat this as a business. That means, if you have a job, spend 2-4 hrs per week day and a great deal of your weekend studying,...
I placed a calendar at the beginning of the week: IWM Aug/Sep 69 put @ .85 Market moved down, approaching my downside breakeven, so I added...
>if you are going to trade the VIX options i suggest you familiarize yourselves with the vix futures first. CBOE has a couple of webcasts on...
Check out this site http://www.woodiescciclub.com/index.html They have several live chat rooms, and lots of resources. And it's all free.
Anyone heard anything recently on penny pricing for options?
>Bought 100 SDS this morning in a paper trade That's why there is no liquidity. Everybody is paper trading it. :)
Note: if you increase the 1260/1275 put calendar to 10, you increase the max profit at expiration to $10,000 at 1275. So it depends on whether...
Analysis with TOS: on 8/22, be at 1240/1310, max profit at 1280 is $1500. At expiration, break even below 1295, max profit is $8000 at 1225....
In my short time using diags, I see one major difference with verticals that I do not want FOTM. I *want* to be within striking distance of the...
>Sure will be nice when ToS expands into future options. They are trying, but, after speaking with them, it seems the exchanges are putting up...
I think of POT as the "scare" factor. How likely is the maket to touch my stop out price. Most of my losses occurred because I was stopped out...
I guess somebody, perhaps myself, does not know what they are talking about. At this very moment, I am looking at the probability analysis...
The probability bell curve does not take S/R into account. IV has nothing to do with it. Let us suppose, for example, that a market has made...
I have advised TOS to allow skewness in their probability analysis. Bell curve is largely useless when the market is near S/R. Have only see one...
Bought IWM Aug/Sep 69 put calendar spread @ 85. IV is in mid range, and market is range bound. Used 2xES futures to protect my call...
>What I don't have a good feel for is when to get in. I understand that IV must be low, but I'm not clear if I need to get in about 4 weeks to...
>But I don't see the IC as a good trade to put on all at once. Not on SPX. Ok, so you are a leg-in type of trader. I just don't have the guts...
My two cents. Diagonals are placed in low IV. While the converse may be true -- placing verticals in high votal markets, the high votal may...
I understand that span is basically a software application where a broker can customize the parameters. The margins may be the same but one...
TLT -- looks good. thanks.
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