Thanks for the reply MacBookProHo. I was paper trading the August 19th 400 call for SPY earlier this morning. The price when I checked was 7.05....
Hi guys, I'm interested in trading long puts and calls. I'm only trading high volume options contracts (typically for SPY or QQQ). Some of these...
Hi guys, do any of you have any experience with Eoption.com for option trading? They say they accept international customers and accept...
Hi, I've been paper trading bullish/bearish butterfly spreads on the QQQ and SPY for the past year. I would like to open up a real margin account...
Hi guys, I've researching Trader Vic's 123 trend change on daily charts. Where do you recommend putting the stop loss? Trader vic doesn't...
Thanks for the reply. What about stock options?
Hi all, Is it possible to day trade stock options? If so, does the minimum required deposit of $25,000 for day trading still apply? Thanks
Thanks for the input taowave. Is there any advantage to trading a bullish butterfly over a bull call spread?
Hi all, when I learned about bullish butterflies, I learned that the spread should be OTM. It allows you to take a cheap position without risking...
Hi guys, I'm new to options trading. I'm looking at the October 15 expiring 270/ 290/330 broken wing butterfly for UPST with calls. This is a...
Is there any advantage to trading a bull butterfly spread over a bull call spread? Is it cheaper to trade? For instance, I'm looking at the...
Hi all, I've been paper trading stocks for a while now with moderate success. After reading the Market Wizard books, I've been keen on becoming a...
That's a great answer, thanks.
Hi all, I'm new to IB and I would like to set a 7% stop loss below my purchase price. Can you please tell me how to do this? I see there's a STP...
The problem I've having with PMCCs is that leaps have very wide spreads. I was looking at the Jan 20 2023 165 LEAP the other day for NVDA and the...
Thanks for the reply taowave. I'm not taking delta into account. I will trade the same number of spreads regardless of delta. I've been studying...
Thank you for the heads up BKR88. I'm with Interactive Brokers and unfortunately it doesn't tell me the bid, ask and mid price is right now. I'm...
Hi all, This is my first entry for my trading journal. I'm new to options trading. I'm thinking of selling a bull put spread for NVDA. I'm...
Thanks for the tips taowave. A poor man's covered call is a diagonal spread. Buy one deep ITM call with an expiration date far away (eg Jan 2022)....
Thanks for the reply taowave. I've been looking at poor man's covered calls (PMCC) lately as a cheaper alternative to regular covered calls. Do...
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