I receive a free daily trading newsletter. I don't know if it's good or not, but that stated they have a rule of adjusting a stop on a gap down. The news...
12293
jack
switch1947
Feb 2, 2008 2:06 pm
I do not think RO has special tools. I suspect they control these trades just like we would. Put in stop losses as day orders. Every morning look at...
12294
Jon Popovecz
olgranddad
Feb 2, 2008 9:02 pm
I called TOS and they told me that the time stamp on the transactions is Central time. I just assumed it was Eastern time. So they actually sold 2 minutes ...
12295
Raymond Walsh
rnw2000
Feb 2, 2008 9:02 pm
I'm interested in a little advice on how to handle credit spreads when they get near the money or ITM. How near to the money do you let your positions get...
12296
Meuter Gisbert
gismeu
Feb 3, 2008 6:09 am
Hi Raymond, I think you pointed out quite clearly the disadvantages of credit spreads and I would not know any other or better adjustments. I often use the...
12297
Michael
jrflus
Feb 4, 2008 5:13 pm
Raymond : “How near to the money do you let your positions get before you adjust? Do you ever let the position become/remain ITM? -- with 2 weeks til...
12299
Vikas Basantani
vikas_basantani
Feb 5, 2008 3:00 pm
Hi Raymond, my 2 cents in relation to credit spreads: (1) Never let your short strike go ITM. If you do, then you can potentially lose a lot of money in one...
12300
Scoob
scoob086
Feb 6, 2008 2:26 am
I just started trading options late last year. I just got my 1099 and my options transactions from last year weren't listed. Are they reported on Schedule D...
12301
Raymond Walsh
rnw2000
Feb 6, 2008 2:27 am
Vikas Thank you for your reply. If you've opened an Iron Condor, and the market moves sharply against one of your positions (wings?), you use the credit from...
12302
Vikas Basantani
vikas_basantani
Feb 6, 2008 8:01 am
Hi Raymond, once the stock/index gets closer to one of my short strikes, I consider both the choices i.e. Closing only the danger side, or closing the entire...
12303
go2mycard
Feb 6, 2008 8:01 am
I was trading option with yahoo on last tuesday and that was my first trading option. I got 15 contracts for Feb. 15 2008 for .23 and Friday my contract was up...
12304
Raj Vanapalli
raj_70003
Feb 8, 2008 1:21 am
Raymond/Vikas, If the market moves sharply toward the short strike (Let's say towards the put side for the sake of argument and I think it's happening to most...
12305
Vikas Basantani
vikas_basantani
Feb 9, 2008 2:31 am
Hi Raj, thank you for providing your additional inputs - While I really like some of your choices but I do have my own views on others. Please find below my...
12306
Raj Vanapalli
raj_70003
Feb 9, 2008 2:24 pm
Hello Vikas, OTM cal and fly strategies are working well for my positions and hence I mentioned them. ps: I use to admit my loss and used to close my trade(s)...
12307
paul7313
Feb 10, 2008 12:07 am
can someone tell me how butterfliesm work and what to do when the market is up, down, neutral?...
12308
paul7313
Feb 10, 2008 12:07 am
can someone tell me how butterflies work? up, down, neutral, when do I get out?...
12309
Michael Catolico
karensoich
Feb 10, 2008 3:10 pm
there are many nuances to butterflies but the most essential feature of the trade is that it is a bet on an asset moving to a specific, narrow price range....
12310
Meuter Gisbert
gismeu
Feb 10, 2008 5:24 pm
Paul, in best meaning, there is enough free stuff out on the web, see e.g. www.cboe.com to education yourself. If it gets more advanced/complicated, a lot of...
12311
Vikas Basantani
vikas_basantani
Feb 10, 2008 5:24 pm
Hi Raj, it is nice to know that butterflies and calendars are working well for you. As I mentioned in my last post, I am seriously looking at the possibility...
12312
Scott Hicks
zoomzorch
Feb 10, 2008 5:25 pm
Paul, Here are some free resources on butterflies from thinkorswim/RedOption: http://www.redoption.com/options_basics_butterflies.php ...
12313
Conrad Smith
conradfsmith3
Feb 11, 2008 4:08 am
Hi guys! I'm trying to construct my first trade (still doing it on paper only), and I could use some of your great input. I've chose Microsoft, Inc. (MSFT)....
12314
Conrad Smith
conradfsmith3
Feb 11, 2008 4:08 am
I wasn't finished when I fired off this post. Sorry....
12315
Conrad Smith
conradfsmith3
Feb 11, 2008 4:08 am
Hi guys! I'm trying to construct my first trade (still doing it on paper only), and I could use some of your great input. I've chose Microsoft, Inc. (MSFT)....
12316
Bob Springfield
bspringf
Feb 11, 2008 4:08 am
I may have missed it but I don't think rolling to the next month was mentioned. I am not a fan of doing this for stocks but it works for indexes and index...
12317
 Tom Nunamaker
nunamakt
Feb 11, 2008 6:21 am
You can’t be looking at Mar with those sigma values. You might have the Feb expiration set in your analyze tab. Assuming you’re talking about Feb...
12318
Conrad Smith
conradfsmith3
Feb 11, 2008 9:27 pm
You're correct. I originally wrote that as a Feb/Mar, but threw it out for the reasons that you mentioned. Where I went wrong was trying to edit the email...
12319
richard_carll
Feb 12, 2008 12:17 am
A differnt topic to discuss. I looked over the charts on the SPX for the last 4 election years. One thing I noticed is around June the market got into a...
12320
Wayne Basey
waynebasey
Feb 12, 2008 1:11 pm
Many of the books I've read and the professional traders I've worked with prefer straddles and narrow OTM strangles over wide, DOTM strangles. Why are DOTM...
12321
dianxinggg
Feb 12, 2008 1:11 pm
Hello everyone, Does anybody know if TOS software can automatically adjust volatility skew after big movements? For example, AAPL is trading at 130 today. A ...
12322
karensoich
Feb 13, 2008 3:22 am
you've made a few assumptions both in your question and in the paper that are somewhat problematic in my opinion. first of all, not sure who you refer to when...
