Good work, swcom. One would think they should rename this forum to 'Elitist Trader' given the inflated egos of some of the posters on this board.
I too must give a plug for thinkorswim. Since moving from Cybertrader I feel much more in control. The fact that they update margin requirements...
I recognized when I posted it that there were more than likely some underlying flaws to the strategy, namely the need for rebalancing to remain...
I stumbled across an idea that strikes me as rather intriguing - selling premium in options (SPY perhaps, many other possibilities), and hedging...
What the hell is a prop firm? FWIW, the platform I use has some loose margin requirements - for instance, one only has to have margin for one...
This has been a very interesting topic, and thanks to all for your input. My bad on the analogy of insurance companies - clearly it doesn't hold...
OK, for everyone interested: Is there a component of the premium known as theta or not? I believe (make that know) there is, and I'm holding...
Ursa, Thanks for that summary. I think I see the logic to that argument now, but I've still yet to hear someone put it in terms of theta for me....
Agreed. All this talk of trying to trade IV is interesting, and perhaps it worked in the past, but I believe that the markets have become...
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