If one were to accept the notion that the rally of the past several months has been primarily a function of liquidity, does anyone have any advice...
No, his "Options as a Stategic Investment" is very good and, in my opinion, required reading for anyone considering playing with options. Just...
Vega said it all. Further, as has been said with reference to investment seminars, I challenge anyone to come forward who has actually made back...
A correlary to vega's point is that, since they can only be assigned at expiration, European-style options are, in my opinion, more suitable to...
sle, Actually, a long calendar spread is a vega positive position, while a short calendar is vega negative. But there are other ways to...
GA, I'm not sure I have anything relevant to add to the above since I've been progressively moving towards a "third way" (or at least trying...
I'd have to agree with Steve and GATrader. Unless you can find a single person who's actually made back the $3,000 or so cost of their seminars...
I'm also very much looking forward to these, particularly the new VIX options. Structuring positions to isolate the vega on the VIX should be an...
Dojibear, I'm not familiar with Hoadley. I use OptionVue, which is a pretty robust program. However, unless you're doing a fair amount of...
Vega, It's actually slightly less since theta decay is non-linear and accelerates as the options approach expiry. But I think a more important...
Dojibear, First of all, it's incorrect to say that the bull call spread has a "zero theta". It has a NEGATIVE theta. Second, if you want...
Dojibear, Excellent treatise on the fundamentals of options and myriad options strategies. Much better, in my opinion, than his "McMillan on...
Adam, I agree wholeheartedly with ktm. If you've done enough research such that you're confident in the theoretical viability of the strategy,...
Nitro, A couple points. What makes this an ITM bear call spread is that you'd be selling a call that's in the money (in this case, deeply so)....
Adamsoptions, The SMH has pretty good volume too. There's an ETF section at www.nasdaq.com which ranks them by volume and lists the components...
Nitro, If you've identified a resistance level, why not write an out of the money bear call spread with the short option at or just above that...
Chris, The main reason I prefer iron condors to long butterflies is simply that I get a much wider profit range with the former. Hence, with my...
Chris, When setting the short strikes for my iron condors, I use a combination of standard deviation analysis plus, like you, an assessment of...
Elite, Very occassionally I will write OTM naked puts on individual names that have experienced a volatility spike and where I wouldn't mind...
Nitro, Yes, that's the only difference. The XEO contracts will trade at a slight discount to the OEX to compensate for this. However, when...
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