As a former market maker, I can tell you that I paid little attention to my vanna or any of the vega's derivatives. Here is why, unless you have...
They will unload the stock, and if you are still short the cash sell out your option position. Also, expect an angry phone call from your broker,...
Maybe its because they lost their sponser? http://www.option911.com
Personally it only matters where you send your order for complex orders IMO. If you are doing a spread you HAVE to make sure it gets sent to the...
"There are some years that the dumbest person in the world can make money, there are some years where the greatest traders in the world are happy...
If you are that bearish, why dont you take a small portion of your credit and buy a put or two as well? You could even spend it on a long term...
Cash index actually refers to how the options themselves settle. If you buy 1 call contract in GE and it ends up in the money. It would expire...
I wouldnt call this a dividend, I would call it the credit from a 1 pt verticle spread. But, it doesnt sound like a terrible play. Question for...
What I was trying to say is that people think that IV is going up. This is infact untrue. What is really happening is that time is passing and...
I think that often the high IV is misinterpreted. Most stocks that are going to move on earning actualy have an earnings straddle priced in that...
What do you think about the eurodollar options instead. Far more liquid. A lot more strikes, and also less mystery as to how the darn thing...
Well, you get what you pay for with OH, if you cant do a trailing stop on spreads, do a trailing stop on the part of the spread that is most...
All this guy was propsoing is what we would call a mombo combo, or a gut strangle. it would be cheaper and easier for him to execute this trade...
Xflat is right, we just trade it like we see it. I dont know of any guy that was REALLY successful that had specific things that he did...
And btw, if your impression is that they arent stressed out, why dont you sneek over there in the morning and smell them. My guess is you will...
I think you need to also understand how the vix is calculated. Generally because of the way it is calculated even if Vols arent rising, if the...
You could try legging this into an iron buttefly by selling the 75/80 put spread as well mark www.option911.com
Mark, I have to disagree with you as far as wanting to own a stock. For instance one of the advantages of selling puts in beaten down stocks...
Ivan, I think there are definate ways to have protected directional option plays. However, I before you do ANYTHING, I would seriously...
I was talking about options on the SPX, although as Im sure you know, there are options on the Big Futures (those are 2.5 times the size of the...
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