The original post compared call and put vertical spreads. I just pointed out that what impacts the theta is the strikes, not if you do it with...
I don't think there is such thing as "best setup". Each setup has its pros and cons. If you go with delta of 0.30, you have about 70% probability...
We do mostly non-directional trading (straddles, calendars, iron condors, butterflies etc.) We discuss all trades and also trade them in our...
It is not matter of calls or puts, it is matter of strikes. You can construct any trade with calls or puts for same P/L profile, and depending on...
My name is Kim Klaiman. I have been actively involved in the financial markets since 2002, and became a full time options trader in 2012. I...
They don't charge cancellation fees on Smart routing orders, and charge 0.01 on API/CTCI Directed orders. I cannot remember last time I paid those...
Probably regulatory fee. So the total is $1.30 for round trip. But they advertise $1.00. Not very transparent.
I thought tastyworks commissions was 1.00. What is the extra 0.15 per leg? Reduced commissions with IB are probably due to adding liquidity.
For a NEW broker, those fees are pretty high, even considering no closing fee. IB cancellation fee is $0.01, not really a factor. Plus IB doesn't...
Take a look at some interesting discussions about tastyworks: https://forums.capitaldiscussions.com/threads/tastyworks.1121/...
Good job CFTC! https://steadyoptions.com/articles/schooloftrade-another-guru-busted-r218/ More of those trading gurus are busted by CFTC and...
Ask them for their track record. You will be surprised. Most of the years they are not even profitable.
Seriously? Ask those who sell premium on NFLX in April and July 2015. Or AMZN in April 2015. Or GOOG in July 2015. 2016 is not a typical year....
You still don't get it do you? Trading often is exactly what TOS needs to generate more and more commissions. Research? Please don't make me...
Many stocks moved much less than expected this cycles - for example, AMZN, TSLA and now ATVI. I'm not sure that long term those are good...
What many people fail to understand is that the main purpose of tastytrade is to generate commissions for TOS. Here is a good explanation of the...
There is absolutely no advantage to strangle over calendar when trading IV crash. NONE. Only disadvantages: much lower ROM, unlimited risk,...
Well, when it comes to IV crash, I believe calendars are much better choice and strangles are very ineffective use of capital. Plus the risk is...
I used 227.5 calendar to be consistent with your strangle. Return on margin is the ONLY correct way to calculate gains. If you don't care about...
The Aug5/Aug 19 calendar is trading at 2.90, over 100% gain. Your straddle has around 15% return on margin currently and had maximum return on...
Separate names with a comma.