And it's especially tough to make headway sailing straight into the wind with your spinnaker up! But that's what I see here all the time. People...
Me neither. The trick to successful trading of options or anything else is to take advantage of the opportunities the market gives you....
Thanks Mark. Maybe it WOULD be better to make these modular - ten-minute modules, mix and match. I'm not quite sure how that would work but I'm...
I've started a new option blog complete with educational option videos. Well, one video so far. It's all free and I have nothing to sell so I...
What evidence do you have that the VIX is up "when the market is mildly optimistic?"
What's the story with Quebec residents not being able to use TOS?
My best advice to the aspiring option trader is to disregard Mr. Gallacher's dumb advice. He's apparently catering to those who hope to make...
Right, this seems to be a tough point to get across here! People here seem absolutely determined to believe there is an inherent edge in one...
Even if it were true, it would mean nothing. There's also the matter of how much you make on your winners vs how much you lose on your losers....
I think your broker screwed up. Go to http://www.cbot.com/cbot/pub/cont_detail/0,3206,1322+14455,00.html and read the wheat options contract...
The update is on the bottom of page 85: "10-10-08 04:33 PM I just got update on the fund. Unfortunately for their investors, they went...
Trading stocks or futures is two-dimensional. It goes up or it goes down. You're either long or you're short, right or wrong. Options have...
If I were to go back on the floor today, I think the one pit I'd most like to be in is crude options. Playing the skew is my favorite game, and...
Yes, it's so much about psychology, isn't it? The public thinks the floor traders are like Mr. Spock, but most are just dumb shits driven by the...
Sounds like my experience - one day I was trying to leg a spread, when an order came in from outside for the exact spread I was trying to leg - at...
LOLOL - yeah, CRT was INSANELY secretive about their stupid sheets! I did once get my hands on one - a CRT trader dropped his sheet and I covered...
Keep in mind that if he only has a position in one strike and is delta and premium neutral, then he has either a reversal or a conversion, in...
Leaning on another strike is ideal, but not always possible. Most of the time IV doesn't move that quickly, so if you buy or sell premium, the...
Also, there are different rules and customs at different exchanges. On the CBOT floor for example, if you say "ten bid," without specifying a...
Technically, those on the floors you mention are not "market makers" as they have no obligation to make markets - just the ability to make markets...
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