I can see perhaps a LEAP with a 330 call, but a Aug call? Not enough time to do much (vol or direction). Plus theta is high so close to the exp...
That option has theo value of .88. So not sure 1.35 is "cheap." But Goog has historica1 mean IV of about 40 (give or take). If if it hits 40...
I buy OTM stangles based on options with IV that are way under their mean IV for past year. It's been working pretty good so far for me.
Intimidated by Natenberg? That's kindergarten stuff compared to Hull. Hull is the minimum one should read before investing - just make sure...
Used a system but towards the end I started to bet 10x as much per bet as I was when I first started because I thought, "Hey, I'm playing with the...
I've read this forum and books on trading psych but never thought it was that big of a deal (I don't daytrade but do invest in options). But...
wait, YHOO beat earnings by 6 times, why is it down?
Here is a pdf of a book on Probability. 510 pages of goodness. Print and enjoy....
You made a lot of assumptions about my system. Don't worry this "beginner [has] put more time in planning the trades out thoroughly than simply...
Thank you for taking the time to write such an informative and helpful post.
I fully grasp what I'm doing. But thanks for asking anyway. By the way, calls have positive delta and puts have negative delta. You might...
Thanks Trajan. I'll probably have some questions as I go along. Hope you won't mind if I send you a message here and there, since you already...
non-directional long vol based on volatility cone. iv mean reversion method. altho if i get a pop over the mean, that's even better. options...
After a few months of reading options books, paper trading, and testing strategies, I've devised a system that fits my personality and is premised...
Nice attitude.
June calls? They expire the same day as the rebalancing (Friday). That wouldn't work.
Just wondering if any of you every click on the ads on Google? I never do and neither do any of my coworkers, unless we do so by accident. I'm...
Trading at 268. Ouch.
It's $500 (ok, it's not technically his but it's on his site). It provides a service that I want: grouping of IV by percentiles. So, if IV on...
http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B3D4602B2%2D618F%2D4BC5%2DA3CE%2DC1301CEEC852%7D
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