Slapshot, Rather than thinking of theta with respect to delta, its probably better to stick to thinking of theta with respect to the...
Ludmil, IMHO no one strategy is better than any other. It depends on what your market sentiment is and what you think is going to happen in...
It can be more profitable if you pick the right strikes for the range if you are able to predict that far into the future. However, you will not...
It will move roughly half the speed as the underlying asset if it is ATM. This is what delta is a measure of - how much your PUT will gain/lose...
So that's $135 reward on $865 risk. What is your stop loss going to be on this? I don't think it's as high probability as it looks...but I'm...
Those greeks must be for all positions you have on SPY right? You have two PUT verticals and a PUT calendar, is that correct? Anything else?...
I'm sure it will be a winner... Suspect your knowledge base is somewhat larger and deeper than mine but...I still play straddles [EDIT: you...
Just a FYI, Some people that have analyzed option prices w.r.t. theta/time decay, maintain that weekends etc. are not a "free lunch" i.e....
I've been looking at MARCH for straddles but with QQQQ or SPY so I can scalp gamma if I have to with underlying. Have been trying out XSP over the...
No it was primarily about gamma risk but inevitably it ended up with people picking Tom's brains about what his favorite strategies are etc....
Basically, he does ICs more in line with 2:1 or 3:1 risk/reward which is a far cry from the 20:1 or 30:1 FOTM credit spreads here. He doesn't...
Good job. I see you've been concentrating on short put spreads. Any reason for doing so? MoMoney.
Your first post on this thread is date stamped with the 18th December. Did you buy when you made that post on the 18th? Or did you buy yesterday...
Such a cynic :D LOL. I'm dying to know how they've wronged you so badly. Can only be a woman involved to spawn such disdain....
No experience using it but they have said they will be including options on futures on the same platform soon (whatever that means)...so I will...
Skeweddude, thinkorswim do have a scanning tool named Spread Hacker(TM). You will be able to test it out via the 30 day trial of their desktop...
Not quite auto-magically. With 100 lots you do have some bargaining power. Any broker can call down to the pit in the same way as ToS, it's...
Good stuff. In IB's defence: ToS and OX specialise in options. IB do just about everything under the sun in just about every country under the...
Err....yes, good question. Well, using standard ToS published rates, they charge the lesser of $2.50 OR $1.50 per contract + $9.95 "ticket charge"...
Yes, I'm aware that you can get ToS to call down to the crowd to negotiate larger orders via phone, Live Support or "Send to Trade Desk" option on...
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