TraderZones, What's the name of the book you wrote that didn't sell? :D
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What you've got here is a synthetic 1.4650 call. Same thing as just trading the call itself, but costing yourself extra commish. Even trading...
While that is certainly common in trading, trading successfully and writing a book are not mutually exclusive. If this were true, we should be...
Hey Mark, While some of the other clowns I strongly object to, your stuff is fair dinkum and gives the neophyte an accurate picture of the...
A slight correction. ;)
Seconded.
Why would you get assigned if the stock goes down?
Well there's a book in that answer right there. But there are already some good tomes out there. Here's quite a few to consider...
"Expensive" options right now may turn out to have been cheap in a month's time if volatility increases. "Cheap" options right now may turn out...
HV is what has been. IV is what traders think will be. The two values may be quite different without necessarily indicating over/under value....
The Big "O"used to have free IV charts for futures, but they have stopped updating several months ago. Have not found another source yet.
Good advice from Mark. Of course there's volatility too... where it is and your best guess of where it's going. That can have a major bearing...
From the link I posted: Last Trading Day (expiry): Quarterly and Serial Options: Close of trading is on the second Friday immediately preceding...
The almost precise doubling/halving of you margin make me think it's someting to do with IB's day margin (which is 50% of the overnight margin...
Go to options contact specs page http://www.cmegroup.com/trading/fx/fx/canadian-dollar_contractSpecs_options.html for expiry dates etc
But...but...but... It's the path to easy riches... isn't it? :D :D :D :D :D
It's not day margin vs night margin is it? ...like they do with stocks and eminis etc ?
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No (unless you have excess cash in the account) Yes... or you trade out of it.
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