Recent content by mdszj

dionysus thx I will check out

I am trying to decode a trading strategy that I found which has been written for Tradestation TS2000i. Can anyone tell me what this condition means: "If currentbar > 1"? I am figuring that it means either the bar is complete or is positive. Any help appreciated.

So it looks like all I would need to do is first click on the option I have, for example I currently have a SPY Apr 10 109 put, then click the B&S link, then punch in the price of the ETF for which I want the corresponding option price, then hit calculate. Correct?

JDW/Tom Good posts - I have just completed paper trading a new swing strategy I developed and am about to use real money on it. It uses a 2 lot system for exits, i.e. sell half at a 5% profit target, and sell the other half at the end of the trade (next day open following the next trade...

Forgot to ask - what does the standard deviation represent? thx

I am looking at the calculator right now, looks like it is based on Black-Scholes model? Can you tell me where i would find the standard deviation, and interest rate? ALso I assume that index value would be the underlying index for the option - so since $SPX is now at 1109.17 I would plug that...

Yes that is probably what I will do , thx all for responses.

I sometimes buy or sell options using a conditional order that becomes active based on the underlying price, for example, buy/sell a SPY call if SPY mark is at or above/below XX.XX. My broker is thinkorswim. The problem with using a conditional order is that you do not really know what the price...