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  • #701
  • Feb 25, 2017 9:56pm Feb 25, 2017 9:56pm
Quoting The Fool
actually we have had several of these dead ^vix runs in the last 2-3 years - depending on how you measure of course, but we could see 6 months without a decent spike, if the past is any guide. Nevertheless, I can still dream, and the Mar11 week has the Mar FOMC and the Dutch elections - maybe there could be a bit of fun starting there? On the other hand, I am kinda getting into the habit of not trading...
The other binary: The French Election ... . The first round will take place on April 23rd; if no one wins the first by >50% of the votes, there will be a second round on May 7th ... . That Marine Le Pen may shake things up if elected, a la Brexit, Trump (anti-immigrant nationalism) ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #702
  • Feb 25, 2017 11:21pm Feb 25, 2017 11:21pm
If the Dutch don't vote to make Dutchland Great Again and then Le Pen loses her chance to make Frenchyland Great Again, we have to wait for the Germans in the Fall. My trading volume is way down and I have been moving retirement cash into RE development projects. Trading markets that only move once or twice a year is not worth my time. I'm sure there are some vol spikes out there in the right side of the charts but they're not going to be easy to time. If Dutch/French go the way of Brexit/Trump, we could see some heavy moves out of risk assets. I am shopping bearish directional setups for June, but mostly in dry powder atm.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #703
  • Feb 25, 2017 11:45pm Feb 25, 2017 11:45pm
sell in May, go away? cheap put flys and calendars are my fave lotto tix, cheap fills the key, can offer 20x - 30x maxP's, but the market has to move....
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #704
  • Feb 26, 2017 1:47pm Feb 26, 2017 1:47pm
Quoting The Fool
If the Dutch don't vote to make Dutchland Great Again and then Le Pen loses her chance to make Frenchyland Great Again, we have to wait for the Germans in the Fall. My trading volume is way down and I have been moving retirement cash into RE development projects. Trading markets that only move once or twice a year is not worth my time. I'm sure there are some vol spikes out there in the right side of the charts but they're not going to be easy to time. If Dutch/French go the way of Brexit/Trump, we could see some heavy moves out of risk assets....
It's a slog here, no doubt about it ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #705
  • Feb 26, 2017 1:48pm Feb 26, 2017 1:48pm
Next week in a nutshell. For "picky" old me, I'm not seeing much: https://www.tradingview.com/chart/XR...T-AND-THE-VIX/
Fireworks are fun ... as long as you don't blow your fingers off.
  • #706
  • Feb 26, 2017 1:53pm Feb 26, 2017 1:53pm
Any good and secured broker doing option + spot forex ?

Thanks
COT: The precious data ignored
  • #707
  • Feb 26, 2017 4:34pm Feb 26, 2017 4:34pm
Quoting kuroro001
Any good and secured broker doing option + spot forex ? Thanks
IB used to let you do fx with options in the same account. I liquidated out of IB account some time ago, but I think they cut out fx in the last year, or maybe they will only let you do unlevergaed fx. Other "discount" US brokers might have options and fx but I don't think in the same accounts.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #708
  • Feb 26, 2017 6:53pm Feb 26, 2017 6:53pm
Quoting kuroro001
Any good and secured broker doing option + spot forex ? Thanks
E*Trade used to. They were using FXCM as a clearinghouse, so I'm not sure what their current arrangement is since FXCM was given the deep six in 'Murican markets ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #709
  • Feb 27, 2017 6:12pm Feb 27, 2017 6:12pm
Rolling: TSLA March 17th 310/315 short call vert to March 17th 260/265 short call vert for a .77 ($77) per contract credit (iron condor put side defense/delta balancing).

Covering: GPS March 17th 21/25/25/29 iron fly for a 1.60 db; in for 2.02; out for 1.60; .42 ($42)/contract gross profit.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #710
  • Feb 28, 2017 10:47am Feb 28, 2017 10:47am
Opening: BBY March 10th 38/42/47.5/51.5 iron condor for a 1.58 credit. Metrics here: https://www.tradingview.com/chart/BB...5-IRON-CONDOR/
Fireworks are fun ... as long as you don't blow your fingers off.
  • #711
  • Mar 1, 2017 8:47am Mar 1, 2017 8:47am
Quoting ZebraSquirl
Opening: BBY March 10th 38/42/47.5/51.5 iron condor for a 1.58 credit. Metrics here: https://www.tradingview.com/chart/BB...5-IRON-CONDOR/
Covering at open for a 1.02 debit (35% max profit). In for 1.58, out for 1.02; $56 gross profit/contract. Took off at 35% max due to its being a "tighter" iron condor, with the short options at the 30 delta.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #712
  • Mar 1, 2017 10:18am Mar 1, 2017 10:18am
Opening: ANF covered call. Bought shares at 11.43; sold the April 21st 10 call; whole kit-and-kaboodle: 9.52/contract-100 shares. ANF has a small divvy of .20 with a record date of 3/3, so I needed to buy the shares to get in on that. I went monied because I lack confidence that this won't dip post earnings.

I'll look to bail on the whole deal post-record date for $10 if I can get it. If it breaks $10, I'll get the divvy, but will have to roll the short call out to reduce cost basis.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #713
  • Mar 1, 2017 2:28pm Mar 1, 2017 2:28pm
Rolling: SPY April 21st 226/229 short put vert to 231/234 short put vert for a .23 credit. (Iron condor delta balancing; it's now a 231/234/234/237 iron fly).

Opening: SPY April 7th 229.5/232.5 short put vertical for a .35 credit. (SPY core position delta balancing).

Opening: ATVI April 21st 41/44 short put vert for a .36 credit. (Broken earnings play delta balancing).
Fireworks are fun ... as long as you don't blow your fingers off.
  • #714
  • Mar 2, 2017 4:47pm Mar 2, 2017 4:47pm
Competition?
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #715
  • Mar 2, 2017 5:05pm Mar 2, 2017 5:05pm
Quoting The Fool
Competition? {image}
It's tough all over.
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  • #716
  • Mar 2, 2017 6:20pm Mar 2, 2017 6:20pm
Quoting The Fool
Competition? {image}
Wowwwww, those commissions are really "attractive". Lol. Think lower, Fidelity, E*Trade ... .

Fish or cut bait, I'll be flattening and moving my entire dog and pony show to TastyWorks at March expiry ... . I can't stand handing over any more money to these old school brokers ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #717
  • Mar 2, 2017 6:51pm Mar 2, 2017 6:51pm
Quoting ZebraSquirl
{quote} Wowwwww, those commissions are really "attractive". Lol. Think lower, Fidelity, E*Trade ... . Fish or cut bait, I'll be flattening and moving my entire dog and pony show to TastyWorks at March expiry ... . I can't stand handing over any more money to these old school brokers ... .
shhhhh...you hear that boys?.....I bet zeebs needs a new set of golf clubs....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #718
  • Mar 2, 2017 7:32pm Mar 2, 2017 7:32pm
Quoting The Fool
Competition? {image}
just another way to rope in the muppets
  • #719
  • Mar 4, 2017 5:47pm Mar 4, 2017 5:47pm
Quoting The Fool
{quote}shhhhh...you hear that boys?.....I bet zeebs needs a new set of golf clubs....
Got my eye on other "toys," but you get the idea ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #720
  • Mar 4, 2017 6:07pm Mar 4, 2017 6:07pm
Quoting Wulfgar
{quote} just another way to rope in the muppets
Well, Fidelity et al. are attempting to remain relevant in a market full of the likes of Robinhood, which took and disrupted the whole space by basically just earning money off the cash sitting in their customers' accounts ... . How freakin' awesome is that? How do you compete with $0 fees/commissions if there is little to no appreciable difference between fills/execution with the $0 fee broker versus the $7.00 per trade broker?

I assume it's by saying that you have "the industry's best trading tools and research". Gives me the warm fuzzies hearing that ... .
Fireworks are fun ... as long as you don't blow your fingers off.
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