SVXY has much lower liquidity and a mile wide bid-ask spreads for options. Also, it doesn't go up as much as VXX goes down, so limited-risk option...
The track record of ETNs, at least the ones I am familiar with, are pretty good in terms of tracking what they claim to be tracking as well as any...
FINRA recently ruled that ETNs (the one I care about is VXX) are no longer eligible for portfolio margining. I am not sure I understand the logic...
By the way, I wish to be fair to IB and say that it is quite possible that the data displayed on their spread charts is faulty, rather than...
Failing to get a response within a day, I called. Yes, I did not like their response. First, they try to shove off by assuming that you are...
Just to clarify, it was a VXX (not VIX) spread.
If you choose an exchange (rather than SMART routing) they don't guarantee that all legs would be filled. You can get unbalanced partial fills,...
But I was talking about the bid/ask reported for the spread itself. Furthermore, in at least one case the spread was traded at lower prices than...
I noticed today that my buy orders for VXX vertical spreads (good-till cancelled orders that had been sitting for a while) did not get executed...
But on average, over many many trades the time decay would be cancelled by the option moving into the money and showing a profit (when UL is...
Assuming efficient markets, one cannot make money from buying/selling options without an edge about the direction of the underlying, so it seems...
The data downloaders look nice and promising. But short of creating it day by day ourselves, what is the best or most cost-effective way of...
Thanks for taking the time to reply. Yeah, I need to look into a platform that gives me more control, though. Maybe Tradelink.
What's wrong or right depends on the strategy. If you are pairs-trading with SPY, there is nothing wrong with the gap down at all. However, that's...
Thanks. That's a worthwhile thought.
As part of filtering out "badly behaved" stocks from an automated strategy, I would like to find out the stocks that gapped down (on daily bars)...
You seem to be in agreement with the "just delta-hedge, don't buy the whole lot" advice, which is quite reasonable. Thanks.
I sympathize with your general sentiment. However, I think it's not as simple as that. Apart from the finite amount of attention we can devote to...
I guess it's a matter of definition. To me, "income" (as opposed to "trading") means that it's a positive-expectation strategy based on estimated...
Yeah. It's just a matter of putting the odds in one's favor. Surprises should be a part of the plan. I am striving to survive even if a strategy...
Separate names with a comma.