Thank you all very much! Good feedback from all of you. To Spindr0: What a generous, thorough reply! The first question that comes to mind, is...
I was reading the interview with Tony Saliba in Schwager's __Market Wizards__ about how Saliba would "string together" butterflies to create a...
Hi traders, Certain futures markets are just unsuited for the calendar spread option strategy. In an article in August, 2010 of Active Trader...
Both, Spindr0. I prefer the types of trades that offer multiple ways to profit. With straddles and short calendars, we can profit off of both...
Thank you. One of the more sensible remarks made on this thread. She's fit to be president alright...of the PTA. Actually no, she'd probably...
I know this thread is mostly about execution, but another reason to trade ES instead of SPY is the enormous difference in taxation of profits (if...
This thing may be dead and buried, but I thought I'd lend my two cents one month later, as I didn't have the chance until now. I don't...
Insightful post, spindr0. I'm in complete agreement that IV outlook must be factored into the choice of strategies. I was actually saying as...
Anyone who can afford to do 10,000 straddles should just retire from trading and get a life. :D
Thanks to everyone for the feedback. I think the spot would definitely be a better choice than the mini futures contracts, as liquidity is...
Hello folks, That gamma scalping is no panacea has been made abundantly clear by the numerous threads on the topic in this forum. By the same...
I feel like one of the drawbacks to long gamma scalping with futures options is the difficulty in being precise in neutralizing delta. With...
I would think a long calendar spread would be a good trade in an environment of increasing IV, which is common approaching the quarterly earnings...
Thanks DEF for responding. I'm not totally sure I understand what you are saying. Are you suggesting the fills would be so bad with Eoption as...
Hi folks, Has anyone here had any experience with eoption.com? At $3 + $0.10 per contract they have by far the lowest commissions of any...
That is the strategy exactly. I wouldn't personally be able to find undervalued puts just by nosing around for them, but a screening service with...
IV by definition refers to the expected price range of the underlier over a given time-frame. It's not necessarily anything to hang your trading...
Yeah, as some have said, the Starbucks test is a bit too specific to serve as a litmus test for a**hole status. I've known some very fussy,...
I got my own trade mixed up! My apologies to you spindr0 and anyone else that read my post above. I didn't sell a call. I simply bought the...
Premium value is effected by factors other than changes in the spot price of the underlying. Delta predicts how changes in the spot price effect...
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