DirectMarketAccess, An OTM call has no intrinsic value as Amalgam has stated, but it has notional value. I would take the Delta of the call*the...
Let's think it through. Go long future, easy. How would you "short the index"? Would you go out send sell short 500 stocks? What is that cost? You...
The secret to making money at this is not the option side, but the stock selection process. You need a process that will pick winners. The...
There is no DT on futures.
You really need to start looking at the big picture, not minor costs. Do you want to run a CTA business with managed accounts? Do you want to run...
Since you are in the USA, it is my expectation that #2 is required unless they are not a BD. In that situation you will have trouble meeting #3.
If your account is under $25K I would suggest your focus on futures that don't have that restriction. An equity cash account would not help you as...
I would consider doing less SPX rather SPY. Do 1/10th the volume, get 1256 tax treatment, same P/L, no early assignment risk.
What are you going to do, use the ATM IV to determine the pair size? Not sure how that works, but add a column for option IV.
That might be true, but I'm sure there are firms out there that would consider a failing score a reflection on how serious the test taker is with...
And which one are you going to believe for a three hour test?
That is a good point. Market Makers will provide the same markets but the customer flow will be spread over many more dates and strikes. More is...
I have two friends that have been in the industry trading for over 15 years that just took and passed the test. It took them 4 weeks to study,...
Why not futures or options on futures? A better pure play and better tax benefits if you are in the USA.
Honestly, I don't give it a second thought but I never trade big size.
Yes I do. I work for an Introducing Broker. Before that, I was an option trader for a long time. A report was order by Investment Industry...
Metamega, Canada is completely different. Canadian securities laws require every firm that does business there register there. Canadian...
I'm not. Foreign accounts require more regulatory work and time than domestic and many firms don't want to spend the time and effort.
To hard to go into it in detail on a post, but automated trading with options is much different than equities. You should learn about the...
Have you ever traded equity option with real money?
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