The guy I talked to at TOS said he was a floor trader and that if I placed a custom spread order (the example I gave to him was a 4 leg spread...
Does anyone trade custom options spreads? TOS offers the ability to make a custom spread but I'm wondering how difficult it would be to get filled...
Why not? Have you researched it or used it? A neutral strategy seems like a really good idea when you can't pick market direction.
Do you find butterflies to be reliable, lower risk income generators when used in combination with other positions? Are you solely a butterfly...
These were just experimental trades. Not something I'm planning to trade live.
Thanks. I've seen it and I've wondered about it. I assumed it was merely a method to initiate multiple orders, but not necessarily meaning that...
How to book the profits on a complex trade where the profit is minimal. I can see from fiddling around in TOS that there are ways to close out the...
Yes, thanks for your ideas. I'm still running a demo, not live trading. My opening position is 10 put butterflies per 1 call. I won't be mixing...
SPX and SPY mix where positions are interacting as a part of a whole strategy. Just for fun lets say 1 SPX 1790/1840/1890 PUT BUTTERFLY, 1 SPY...
How do you guys handle it? Say you have a complex strategy involving a butterfly, several verticals and single calls. It works together in unison....
For users of TOS - If TOS is as far off on their deltas and other greeks as has been claimed (I've heard it on this forum, and also in the videos...
I made these two demo trades on 2/25. One is an IWM MAR 106/113/116 butterfly. IV of these options at the time of the trade were 24.06, 18.48 and...
I'm sure they're all cagey in some way or another and we never get the entire truth. But I'm going to ask a lame semi-newb question here - If I'm...
How would I correct this?
It is confusing. I don't know how the different pricing models work. I like visuals. If my graph says I'm making a profit of about $420 if VIX...
Thanks, that would be appreciated.
Are you saying I won't be able to rely on TOS's profit/loss graphs when I'm trading live with them? Here are the graphs of the 2 theoretical VIX...
Thanks for your advice. I might have explained that example the wrong way. In monetary terms, according to the time decay graphical representation...
I'm not going to pretend to understand most of your jargon. I try to keep it simple. I'm using TOS as my practice platform and here is an example...
A month out. I'm interested in using further OTM VIX options, using them as temporary volatility hedges in the short term and cashing them in if...
Separate names with a comma.