OptionsXpress. They will be adding futures and futures on options soon so I will consolidate other money from Interactivebrokers. Both of these...
Good question! Try and get a $0.75 fill on a 5-point bear call spread on the SPX... will never happen. I use the 15-point spread to be able to...
I do not leg I place the order as a spread and try and split the spread bid/ask. This gives the market maker the flexibility to determine where...
After closing the above position I got filled on the following trade. After a large rally higher, I wanted to put on a bear call spread to play...
TRADE ALERT! Well with today's rally and margin clearing up tomorrow I decided to take my profit in this position and look for a new entry....
Spreads appear absurd on SPX options but they are not at all impossible to split the b/a asks. I shoot for the middle and shave a nickle or two...
I can only give you my opinion since adequate risk and goals is a personal thing and different for every trader. I am basically looking for 2 -...
Here is the option expiration information for SPX index options taken from the CBOE website: Last Trading Day: Trading in SPX options will...
I fully understand the risk and am not new to this. As I said, it all comes down to risk management. If you fail at risk managment then you will...
I primarily wirte bull put spreads due to the generous IV skew in S& P index options. This allows me to go further out of the money, have a...
Mathematical expectancy is a nice formula but it is not realistic. I will never take the full $91,500 loss given my risk management plan. Given...
Given the nice IV skews you get in the OTM puts in SPX, I like trading in all volatilities. I am not looking for IV expansion or contractions,...
Delta is a great shortcut. If you want to translate what I am saying to delta then only choose short strikes with a delta of about .10 or less...
I select strikes using two tools: 1. Technical Analysis 2. Probabilities 1. TA- In the case of bull put spreads, I look for support points...
Without giving too many secrets away :) here is what I do. 1. First I pre-determine that I will not let the index get more than 10 - 15...
To add a little variety I will start a Journal of the credit spread trades I make month to month on the SPX, XEO, OEX and possibly RUT. RIght...
It is not a permanent restriction, it just does not allow you to do it from the US using IB. Nothing says you cannot have money in those markets...
US residents can trade whatever they want. Just that IB is not set up to allow US accounts to trade those products overseas. Just like many...
Just because there was a lot of call volume it does not tell you anything. You cannot tell if they were buy to open sell to open. IN other...
I have heard and found it also to be true myself that larger orders (10, 50, 100 contracts) are easier to get filles than 1 or 2 contracts because...
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