Bread & Butter Iron Condors

Discussion in 'Options' started by cactiman, Aug 6, 2012.

  1. Wow if that's the case rocky

    That's cheap
     
    #61     Aug 8, 2012
  2. I saw that $9.99 + 0.75 there too.
    I think I had it changed later to a flat rate of $1.50 per Option.
    I also get a $39.95 cash refund each month from t.o.s. if I do enough trades.
    But I forget how many trades I need to get that...duhh...
    Just started a new Thread to try and get to the bottom of this!!
    :)
     
    #62     Aug 8, 2012
  3. Thanks, I've just subscribed to that thread as well.
     
    #63     Aug 8, 2012
  4. Thanks. I should have been able to figure that out, but there was a brain cloud....
    Started a new thread about this topic if you want to check it out.
    I put your quotes in there.
    :)
     
    #64     Aug 8, 2012
  5. seems like the spy hasn't been able to get very far through 1400.. and your thinking it might be different this time?
     
    #65     Aug 8, 2012

  6. That's the big question of course. When will the $SPX go to new highs?
    I certainly hope we do so this year, because all my directional trades are Longs (via Bull Put Spreads).
    But Mr. Market, could you PLEASE just keep the SPY below this line for 8 more days?
    :D
     
    #66     Aug 8, 2012
  7. ahhh seems like summer doldrums to me... i hear retail investors talking about waiting till after the election.. i've always heard institutions don't trade much in the summer.. i've heard the fall is typically more volatile.. and i've also heard a hell of alot of retail type investors talk about Random walk theory.. seems like the last two months has been a little joggy drift.. i doubt it will end with a solid flat line across the chart though.. haha
     
    #67     Aug 8, 2012
  8. You gotta love Market Gossip. It's half the fun!
    If there's one thing I'm pretty sure about it's this:
    My opinion about what the Market will do, plus $1.50, will probably get me a nice cup of coffee at Starbucks!
    (depending on local prices...)
    :)
     
    #68     Aug 8, 2012
  9. Obama is getting back in office and the vol will begin
     
    #69     Aug 8, 2012
  10. Well I'm a gold card holder ... getting 2 to 3 refills a day for free putting each cup at about an average of .94 cents. :). I love sbux
     
    #70     Aug 8, 2012