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Search: Posts Made By: MGBRoadster
Forum: Options August 6th, 2015, 09:21 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Thanks uu1965 for sharing this research. ...

Thanks uu1965 for sharing this research.

I've been working through the figures and I can follow most of it, but I'm not sure about the exits. You say exit at 40%, but the exit price doesn't have a...
Forum: Options June 5th, 2015, 06:31 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
I found some intersting points about...

I found some intersting points about diversification in this article
John Kay - Asset allocation should be the outcome (not the driver of) investment decisions...
Forum: Options November 5th, 2014, 05:58 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
For anyone that missed SMCJB's post from last...

For anyone that missed SMCJB's post from last December about March/April NG it's worthwhile reading:

https://nexusfi.com/options-cfd-trading/12309-selling-options-futures-262.html#post375470

...
Forum: Options October 9th, 2014, 05:44 AM
Replies: 90
Views: 30,816
Posted By MGBRoadster
Thanks for that, I'll dust off the backtesting...

Thanks for that, I'll dust off the backtesting code.

I buy outright futures on the first of the month, -24.25 so far this year, but I suppose it depends on stop placement. Most of that loss was...
Forum: Options October 8th, 2014, 06:34 AM
Replies: 90
Views: 30,816
Posted By MGBRoadster
Nice crystal ball gazing Ron. Based on the Friday...

Nice crystal ball gazing Ron. Based on the Friday close I make that +27 points up and +43 points down :)

Do you see the same tendency in December, March and June?

I usually look for an up day...
Forum: Options September 25th, 2014, 04:11 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Yes that sounds about right. I've had good trades...

Yes that sounds about right. I've had good trades with entries around 0.07/0.08 and exiting at 0.02/0.03.

I've read somewhere one rule of thumb is to exit when 2/3rds of the premium has been...
Forum: Options September 24th, 2014, 04:09 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Well done for getting 40% through the thread -...

Well done for getting 40% through the thread - the size of it must put most people off completely.

Your ROIs look fairly close to mine. If you go to the PC-SPAN thread...
Forum: Options September 11th, 2014, 10:21 AM
Replies: 8
Views: 1,985
Posted By MGBRoadster
Trade idea, Scottish referendum

On September 18 the people who live in Scotland will get to vote on whether to leave the UK. It's been the general view that they would probably vote NO and stay in the UK, but some recent opinion...
Forum: Options September 3rd, 2014, 05:41 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
I try to follow Ron's advice from here:...

I try to follow Ron's advice from here: https://nexusfi.com/options-cfd-trading/12309-selling-options-futures-233.html#post366842



Mine's about 4.4 since June 2013. :)
Forum: Options August 12th, 2014, 06:33 AM
Replies: 610
Sticky: PC-SPAN
Views: 190,198
Posted By MGBRoadster
Sorry Dudetooth - old guy here, I've never used...

Sorry Dudetooth - old guy here, I've never used Visual basic before :pcguru:

I've gone to the Functions page and deleted the section of text that contains SaveWebfile, and added your new code at...
Forum: Options August 11th, 2014, 09:17 AM
Replies: 610
Sticky: PC-SPAN
Views: 190,198
Posted By MGBRoadster
Virus alert

My Avast antivirus has an alert:

Object: C:\...\XLS-SPAN.xls
Infection: MO97: Downloader-DF
Process: C:Program Files (x86)Microsoft Office\Office14\EXCEL.EXE

I've been using XLS-SPAN for...
Forum: Options July 8th, 2014, 05:39 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
There's a thread here: ...

There's a thread here:

https://nexusfi.com/options-cfd-trading/29125-pc-span.html
Forum: Options June 10th, 2014, 11:28 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Here's an example. I sold some LHN4 102 Puts on...

Here's an example. I sold some LHN4 102 Puts on March 13 at $0.125 with an IM of $124.74. If I'd held them to expiry (on 17 July) using 3x IM that would have given me an ROI of approx 4.8% per month....
Forum: Options May 16th, 2014, 12:02 PM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
If you look at the PCSPAN thread...

If you look at the PCSPAN thread https://nexusfi.com/options-cfd-trading/29125-pc-span.html Dudetooth's invaluable spreadsheet has a list of lots of liquid (and some illiquid) options that it scans...
Forum: Options May 15th, 2014, 06:07 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
I do pretty much the same as you ever since I...

I do pretty much the same as you ever since I took on board this post of Ron's: https://nexusfi.com/options-cfd-trading/12309-selling-options-futures-133.html#post319991 There was also an earlier...
Forum: Options February 26th, 2014, 09:26 AM
Replies: 610
Sticky: PC-SPAN
Views: 190,198
Posted By MGBRoadster
Initial Margin

This is a wonderful tool Dudetooth. Thanks for sharing your work.

A question. On the Scanner sheet HEJ4 86P has an Initial Margin of $164. I understand that this is the exchange minimum.
...
Forum: Options January 28th, 2014, 10:37 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Hi ron99, Say you sell an option at 22.50...

Hi ron99,

Say you sell an option at 22.50 with 79 dte and you intend to buy to close at 5.00. Do you have any way of estimating when that might happen so you can approximate your ROI?

Or do you...
Forum: Options December 30th, 2013, 06:10 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Interactive brokers "...enforces initial margin...

Interactive brokers "...enforces initial margin requirements at the end of the day" so you have to use IM to calculate ROI on any trade that is held overnight.

(See "Real Time Margining" section...
Forum: Options December 6th, 2013, 10:38 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Hi Richard, I'm learning too, and I've never...

Hi Richard,

I'm learning too, and I've never traded YM options, but here's how I'd approach this.

First I'd find a strike price that gives an ROI that I'm happy with. The initial margin for the...
Forum: Options November 7th, 2013, 11:54 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
I did a minimum sized test to see if this would...

I did a minimum sized test to see if this would work. For some reason OX wouldn't let me place an iron condor on EC, so I placed two separate credit spreads about half an hour before today's Euro...
Forum: Options November 6th, 2013, 11:09 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Yeah, they're included in the "Potential P/L"...

Yeah, they're included in the "Potential P/L" column.

e.g. for ECZ31.42C the potential P/L is ( (0.0000 - 0.0004) * 125000 ) - $5.12 = -$55.12.

My fees at OX for these options are $5.12 each. I...
Forum: Options November 6th, 2013, 10:09 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Hi Kevin, I've just started looking at...

Hi Kevin,

I've just started looking at currency futures options, so I was interested in your EC trade. I also like the look of muffin58's 1.275P, and wondered what would happen If you strangled...
Forum: Options October 31st, 2013, 07:59 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Ron has previously mentioned a workaround for...

Ron has previously mentioned a workaround for this.

If you subtract the Tradecalc margin value for one spread from the Tradecalc value for two spreads this will give the real value per spread. So...
Forum: Options October 25th, 2013, 10:01 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
Ron, I think I must have misunderstood this...

Ron,

I think I must have misunderstood this part of your strategy.

I think you once said that you have 1/3 IM and 2/3 cash excess, so in this case I would have had $500 margin and $1000 excess...
Forum: Options October 9th, 2013, 10:18 AM
Replies: 7,370
Views: 1,982,277
Posted By MGBRoadster
I think Ron has said that if you use the...

I think Ron has said that if you use the settlement price with last night's margin then that should produce a more accurate ROI. The settlement prices for those three spreads would be:
85P/120C ...
Showing results 1 to 25 of 52

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