Recent content by ukoptions

Safvan, 1 way to avoid getting DITM is to "walk up the option ladder". If you buy a 100 strike call when the stock is at 100, and then the stock moves to 106, you can sell the 100 call and bank the 6 dollars increase, and then buy the 105 strike, later selling that one when the stock is at 111...

Yes, that's an interesting way to look at it. Reminds me of a bet on BetOnMarkets: If IBM closes on October expiry day above 205.25 then you win 1.56 (as the stock will probably be assigned - but no guarantee, of course). Cost of bet: 203.44 Otherwise you take whatever loss the stock is...

Sell in-the-money option for profit if assigned. Looking at just one option chain (IBM - expiring in 12 days - October monthly expiry) the original assertion that selling covered in-the-money options can be intrinsically profitable if you are assigned, appears to be true...

Worldspreads - in administration - FSCS to the rescue? Looks like FSCS will probably eventually cover accounts up to £50,000. Marvellous thing, those compensation schemes. Too bad for traders with live positions that were forcibly closed on the day - strange kind of stop loss. But good, I...

Oh no! I can't get my money out. Worldspreads have gone into administration after finding accounting irregularities. This also affects their white label counterparts: TwoWaySpreads Victor Chandler Financials TrendWatch Asset Management Agincourt Spreads Ladbrokes Financial Spreads...

Re: Tiny portfolio: progress report for Weeks 1 to 3, plus new portfolio in Week 4. I was intending to start bringing in some income by writing covered calls against the current stockholding, But sadly I'm poorly, and not really able to continue with this journal. Nevertheless, I hope you...

Re: Tiny portfolio: progress report for Weeks 1 to 3, plus new portfolio in Week 4. Below I show a single picture of three spreadsheets, giving an indication of the market's effect on the portfolio. Here you can see the stocks grouped on the right-hand side, and the spreadsheets are sorted on...

Re: Tiny portfolio: response to Anley. Hi Anley. Thanks for your comment. You may be right. Part of the reason for doing this Journal is to see just how option costs impact, and to see how options behave day-to-day. However, when the entire market went down in 2008 there was nowhere to...

Hi there. I've been researching options as protectors (and income generators) for investors/traders who are otherwise just ordinary stock-holding Joes or Joannas. So with the New Year, I thought I'd start a new Journal describing my experiences with the cheapies on the S&P 100. I thought that...

Hey! They've taken dormant fee - you're right! Yep! Just checked my BFT account & their Helpdesk took the fee after 6 months and one day of inactivity. Terrific. Funny, though, I don't think they told me they were going to do this. ---

The key attraction of companies like VCM for most of us would not be just to learn the recommended methods, but the fact that they might have enough funds to allow you to mess up in the early days and then get to a stage where their supposedly massive funds would allow you to break through and...

Difficult to sell what is free? Contribute - rather than sneer. Mmm... How easy is it to sell a screening tool which is available for free? People like me are interested in bringing new free tools to the attention of reasonable traders, so sadly this thread wasn't intended for people like...

Anybody already assisting you? I've found a picture of the spreadsheet with some data in it at: Picture of filled spreadsheet but I've never read the book. Is somebody already assisting you with this project to put in the formulae? If not, you'll have to indicate which cells will just have...

Phil Town wrote a best-selling book on how to select which stocks (shares) to buy, and when to buy, and then when to sell them, called "Rule #1". He claims his system is easy, effective, and only takes 15 minutes a week. If you'd like a brief synopsis of the method then I've summarised it at...

Just made a post elsewhere about demo binary betting accounts, but none are within a spreadbetting platform. http://www.trade2win.com/boards/first-steps/41092-binary-bet-demo-accounts.html#post530662 I'd forgotten about bullbearings - I must go over there and see if it's changed much - thanks.