Menu
Category Archives: Ask the Crew: Q & A
Ask the Crew
Q: Which symbol do you use to trade the Emini’s? $SPX or SPY? Why do you pick the one you do? A: ESU12 is emini. SPX and SPY are just the S&P. They all move together. Q: I’m still a little confused on what it is you’re trading on the Emini’s and what to trade […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q: When you suggest placing a limit order so you get in at a good strike price on a butterfly, what is a good strike? I assume it means as close to the middle leg as possible. Am I correct? A: You want a good fill price. I only do the trades when the stock […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q: What is the main value of open interest in an option? A: Primarily it will provide an indication as to liquidity. Greater open interest would generally indicate liquidity sufficient to perform larger trades on a particular contract with less price discrepancy, while smaller amounts of open interest would indicate the opposite. Q: What is […]
Ask the Crew:
Crew members tackle questions
submitted by readers each month
Q: Just signed up for Weekly Options Windfall. Trying to find the math for selecting the long protective put in the calendar spread. Some positions are a month out, some are at the end of the year, some are a couple of strikes OTM and some are further. There must be some math to it; […]
Ask the Crew:
Crew members tackle questions
submitted by readers each month
Q. I am new to options trading; can you recommend a good broker? A. TradeMonster is excellent for option trading and the type of spread trades that we focus on. OptionsXpress is also very good. I would take a look at these two services first. Q. The Couch Slouch is an awesome strategy. What are […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q. Where can I find a list of stocks that have weekly options? A. Check here for the list: http://www.cboe.com/micro/weeklys/availableweeklys.aspx or visit CBOE Web site to learn more: (www.cboe.com -> Products -> Weeklys -> Available Weeklys) Q. The Weekly Windfall Quick Start Guide refers to “Ideal Setup” and “Sunrise/Demise”. What are the definitions for these […]