Less sarcasm and more reality. Fidelity will allow most anyone to write covered calls. That is the lowest 'level' of approval. They even allow it...
Actually the covered call generates 3 commissions in most cases. Buy the stock, sell the call, the sell the stock again for less than I paid for it.
Going that far OTM is pure speculation. It is hard to match up a pure speculation trade with any attempt at fundamental analysis.
Yes. But only about 17% probablity of making any money at expiration.
They are the education arm for thinkorswim. They are free, provide good info and the best part is they are not a front for selling books, courses,...
I assume you mean the Theo value on the thinkorswim screen. This is the theoretical value. It should be between the bid and the ask. I use it all...
Depending on your skill level, Optionetics has some decent information. But to get to the advanced stuff you are looking at a series of courses in...
The original post was about IRA restrictions. The IRA trades like a naked put have to be cash covered. What risk is there to the broker if the...
As someone else pointed out thinkorswim allows me to do anything I want in the IRA except for short stock and naked calls. The main issue is that...
It depends on what API's they expose and how they expose them. If they are true API's then you shuold be able to use most anything to call the...
Maybe it was that whole Investools deal.
The Alexa ratings are all but useless. If the user does ont have the Alexa toolbar they have no traffic information. About the Alexa Traffic...
I have a friend who is a 15 year veteran market maker and floor trader. He says you can make some money but not much. They are trying to clean up...
Define "self sabotage" for the purposes of this discussion. And is this any different from the fear/greed scenarios.
You need to find a good mentor that is an ex market maker / floor trader. No book is going to teach you how to properly trade delta neutral. Avoid...
[Hijacking thread] Anyone attending Traders Expo in Vegas in Nov? If so we should hook.
My experience has been that even on American options they still look at the whole position. If you are assigned then margin comes into play. If...
TOS has unpublished rates schedules as well. I know because I am on one of them. Once they know you are a trader you can get better rates. I...
Noone does options better than thinkorswim. OptionsXpress is a close second. I would possibly consider Trade King but I have no experience with...
I know some guys at Liquid Motion and Shadow Trader. They seems to have been sucked through this deal and they are none too happy about it. I know...
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