Just so I understand what you're saying - I wouldn't get filled mid market because of the large bid/ask spread, right?
I'm looking to hedge the volatility exposure on my SPY/IWM butterflies with VIX options. How liquid is this index? VIX is currently at 14.5. I...
Part of it is attempting to achieve a certain ratio between delta and theta. It involves closing a position if the ratio becomes undesirable. If...
Apparently the OptionVue people think that TOS is just being lazy and using a simplified model compared to theirs. It looks like you can change...
It wasn't options on futures. If you've got the time you should check out the videos I posted in the two links.
They were in the RUT index.
The discrepancies are evidently material enough to drastically affect the profitability of certain strategies if you go by the TOS greeks instead...
I find this disturbing. I like the TOS platform and was thinking about opening an account there until I discovered some online videos...
I don't mean to disrespect anyone. More power to you if you can predict market direction with a high degree of accuracy. Price movement is so...
I personally believe that trying to predict the direction of any market is the purview of insiders, amateurs or idiots. I've had my share of...
Rather than looking at it as a bad trade, what about looking at it as a trade put on with relative neutrality in mind toward the market direction,...
Ok, these trading journals are beyond me. I want to stick to a relatively simple strategy on indices.
Thanks for your reply. I tried to access the links but they aren't working. Could you or Atticus post some working links to these articles?
I take that to mean don't sacrifice risk/reward ratio for a greater probability of winning the trade? Also why do you not like adjustments or...
You have a reputation for being very knowledgeable. What strategy/strategies does a trader of your caliber prefer to regularly trade?
You're the only one who sounds like an idiot at this point. Do you have anything helpful to offer on the subject other than a rant?
Mostly, but the technique is somewhat more complicated. He (Locke) uses RUT with 50 pt wide spreads. I believe he puts on a new butterfly when the...
Has anyone tried Locke's "Bearish Butterfly" strategy with any degree of success? I believe I can piece his technique together based on watching...
This may be a dumb question. I'll ask it anyway. I was fooling around on TOS with options on futures and noticed that that the calendar spread...
According to the garbage known as the pattern day trader rule, how are calendar spreads treated? Is simply opening a single calendar spread...
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