Turtle

thx

Just curious Yowster, how do you keep track of all the trades? Do you use a spreadsheet to manage and track your own trades?

Thanks Yowster for putting this summary together. Very insightful. I guess the RIC did not make the cut!

Good morning Kim With VX futures close to a 3 year low, any plans to enter a VIX calendar? The Feb/March 15 and 16 Put Calendars can be had for a small credit

I started using TOS mobile because, like you, i do most of my trades on my iphone. TOS mobile is light years ahead of the IB mobile version. The risk of errors is greatly reduced too in TOS. Worth paying $1.25/lot in my mind

Thanks Marco

Great summary Kim, Thank you. I believe neither auto-trading (GAT) or managed accounts are available to Canadians.

if you are bullish AAPL, I would buy an ITM long dated CALL when the price drops down and/or volatility goes down. I would check IV and then estimate what I would be willing to pay for the ITM. I would then setup a limit order and wait...once i am long I would then sell SHORT DATED OTM CALLS against my long call position to reduce my cost base The big premise here is that you are bullish on APPLE but you have no clue as to when the market will recognize that the stock is undervalued. This may be a more expensive trade (ITM CALLs cost more) and might require holding on a position for a few weeks or months but i feel it is safer....my 2 cents....

Kim I did roll. Thank you. With VIX at historic lows, wouldn t it be better to set up an ITM calendar spread? I was looking at buying a May 12 call and sell a Feb 12 call against it. Net debit of $3. The short call is likely going to expire worthless as It is unlikely that the VIX would go below 12. It also covers about 50% of the debit on the long call. Am I missing something? More genrally speaking, I often struggle with the choice between ITM vs OTM calendar call? Is it just a question of managing cash outlays (debit) When is the one option better than the other? Thanks for sheding some light on this. Always appreciated

Kim I did enter the trade early after reading Reel ken's article in SA. I am in the jan/mar 17 calendar spread and I am under water with only a few days left before the jan option expires. What is my best course of action as this point to help mitigate the losses. Roll the short option.? Would appreciate your guidance