Butterfly is a rather complex position for such a simple goal. If you are looking for low slippage, you may consider looking elsewhere --...
I have a question. If one of the options is deep ITM there may be little interest in it. Does not the MM intend to break up the fly and,...
Let's just call it an interesting learning experience. IC on RUT and OIH. The rollercoaster ride was fun and instructive. I thought VIX at 25...
Thanks very much for the response. Actually I do market neutral strategies and looking for an indicator of non-trending markets. I make...
Dumb question, can I assume that both ATR and maximum excursion are included in a measure of volty.
1. Which indicators indicate "market noise" vs trending. 2. ATR is the daily range. What do I use for the maximum excursion? Recent market...
Considering spread and commission costs, I find the RUT more cost effective than IWM.
TOS is what one would call a "boutique" broker. Their specialty is options, but they have made several enhancements which make it more stock...
I understand that the Record date is the date you must own a stock to get dividends or the stock split ==> to participate in the X date. Where...
Is that $9.95 per leg of a spread? For example, an Iron condor would constitute how many "trades"? One, two or four?
The difference is simple == the typical covered call trader is an investor who is already long the market. He already has downside risk, and,...
Well, yes and no. A covered call is a hedging strategy for a trader who is long an equity for long term. For example, he may be in management...
1. Any book by Dave Kaplan for a good understanding of option strategies. Very readable but somewhat out of date. You might want to look at...
I assume they also get compensation for order flow. I think their flat rate is per leg, but not sure.
Open a small account in TOS. The tools on their platform are great.
Giving some thought, on a strangle straddle swap, is it possible that the short straddle loses volty faster than the back month long wings.
That makes sense prior to earnings announcement, but back month should pretty much run parallel to front month in this situation. Fri pm, still...
Thanks again. Have been thinking about placing some positions, and your post was very helpful.
I will need to give some study your post. Thank you for your response.
The source was pretty obvious, but I still want to wait for his response before becoming more specific.
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