May not accept orders that don't end with the number 5 or 0
If you are psychic, it works. You have unlimited downside, How about buying 100 sh of xyz at 25$ and selling a 10$ call @18$. Anything above...
Appreciate the explanation. Example I gave was five IB's. So a -50 is really equal one short ES future (future has delta of -1 times the...
I've been trading IB's for a couple of years actually. It is all about money management. The movement of delta or the other Greeks really is a...
My Underlying: ES (S&P 500 emini) Multiplier: 50 I set up the following long Iron Butterfly (IB): Long May 1125P Short May 1195P Short...
Most brokers only offer RAN for futures option trading. For futures, the broker will typically offer a superior platform.
You cannot trade ANY options spreads. RAN does not update in real time--you have to constantly click the refresh button. You do not even know...
This has never happened but I am curious. Suppose 4:15PM EST, on the third Friday of the month (options expiration day) arrives, and all the ES...
Using RAN to trade futures options is like using a horse and buggy to go to the store. Phoning in orders is just as dated. I have never had a...
Why not buy Pfizer stock (to collect the dividend) and sell an OTM LEAP?
Couple of ways I like to hedge. One, buy high quality, dividend paying stock. Then sell leaps (calls). For example, let's assume that J&J is...
If the gurus were RIA's and CTA's managing other people's money, then they would have to disclose-with proof-their performances, drawdowns, etc....
Take it from me: Naked option selling is for the birds. All futures brokers use SPAN margin; so margin requirements are the same everywhere....
This is the Bible. Buy it. Keep it. Read it over and over. I do and I have been trading options professionally for six years.
That's the great thing about options: You can profit, if short, even if the underlying doesn't move. But if volatility rises, then the prices may...
Your options expired so that is why your account shows "loss." your options are automatically exercised. On Sunday the equivalent in stock will...
Fear > Greed. Now everyone has their finger on the buy put/sell underlying button; not to mention the sell stops. That is why the speed of...
For my iron butterflies, I use the ES (s&p 500 emini futures). Of course we want swings, so all short options can be exited with a profit. In...
I would agree with this. Seems that this fraction approaches zero as time passes. I have found that the effects of gamma far outweigh the...
I did the same. Has an Iron Butterfly working in April using the ES. Took the profit on the short puts and took the loss on the short calls/long...
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