How do you like OH in general? Have you experienced any problems similar to what people describe here:...
Very good. I bought GRPN 6/7 strangle on Thursday for 1.10 and sold on Friday for 1.25. Different entries, different times, similar results.
How do you negotiate with a broker (TOS or any other)? I tried to chat with TD Ameritrade rep just to see how far I could go and I asked them to...
Exactly! 'Fly's max payout is a myth and should not be taken into consideration. However, a wide IB may be a viable strategy if the target profit...
Since March'12. 106 trades so far
For 10 ICs (40 contracts) total tradeMONSTER commissions are 40*.50 = $20. $15 is a minimum for spreads. If you sell 1-7 ICs, your commissions...
If you trade SPY, then 10 spreads is probably your minimum to make any meaningful return in absolute terms. These are the brokers and their...
How do you calculate commission of .06? This is $6/contract, correct? If you pay such commission, run away from that broker. Others charge a lot less.
A general rule is 2-5 days before the release: 2 for weeklies; up to 5 for monthly options. It helps if the overall market is quiet on that day or...
Maybe so but it works so far. There is always room for different entries as the underling moves and everyone will not be able to jump on the same...
There is another way to play earnings: Buy a straddle or a strangle 2-5 days before the release and sell it any time if the position if up >10%...
If you have 10 groups of ICs, are they correlated (e.g. RUT, SPX, NDX) or non-correlated (e.g. SPX, GLD)? In other words, if a large movement...
@cdcaveman: I am a big fan of Taleb as well and I am looking for ways to implement his "barbell" strategy. I found one possible way with...
Agree, but calculating probabilities based on deltas is not an exact science. There is no way to calculate probability of future moves because we...
Not sure about your math but 7.5:1 risk/reward does not seem very attractive. Also, I don't feel easy about all these double-down rolls. It...
I guess I misunderstood you. So, let's say you have 10K and open one IC with max risk of $210 and max profit of $90 (using .30/.70 numbers from...
@cdcaveman: Thank you for the great material. I've not looked at ICs from this perspective. @all: One thing that the article did not mention...
... where? don't keep me in suspense. Do you have a URL to that article?
That's why I asked him about position sizing. If taking a close to total loss is the only option then the overall position should be fairly small.
@cactiman: How much of your account do you allocate to an IC trade? What do you do if it goes against you?
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