Optos Share Discussion Threads

[harvester] 31/1/2015 15:14

Almost out of options at the moment .Repositioning my trades and preparing for market set-back !
Moving into oil & mining shares (BLT, VED,RDSB,CNE).

[stavros28] 30/1/2015 15:10

Hi Alp, long time no chat was over in Zugg for New Year, went to Zurich for the fireworks display. Most of my Option trading is done in the US now , spreads and fills are giving me an edge compared to the UK.

[alphorn] 30/1/2015 13:34

Am still quite active writing options; getting difficult to make money now and may well end the year flat. You only need a couple to spoil the party!
I am not sure if margin requirements have changed but that seems an issue?

Commission rates from private banks are now too high and I shall be opening an account with Swissquote to run Swisscom puts.

[stavros28] 30/1/2015 11:24

£1.80 not a lot of diffence if you are a one lot johnny . On 500k turnover a year its a lot.

[stavros28] 30/1/2015 11:21

IB market making arm is a seperate entity ( Timber Hill), hence no unknown risk to customer accounts.

[stavros28] 30/1/2015 11:16

FXCM is not a stable company , as we have just found out , take it from an Ex MF Global customer.

[zastas] 30/1/2015 09:41

FXCM is £1.80, not very different.

[stavros28] 30/1/2015 08:40

younasm , Interactive Broker fees £ 1.70 open and the same to close from a platform that gives you the chance to bid the market makers. I have never looked back after paying £ 16 the round turn in London.

[younasm] 29/1/2015 18:37

I tend to use mobile apps -- and its difficult to find this thread ??

Still playing with equity options : BP/BT/IAG/LGEN/LLOY/TSCO/VOD

Mostly making profits from time value erosion, have large paper profit in sold Tesco put spreads -- might try to BTC rather than wait in june

[stavros28] 28/1/2015 13:32

This thread is very quiet have the UK commision fees finally taken all your cash, its slight of hand keep an eye on the bottom line.

[stavros28] 25/1/2015 13:56

Long call positions have a 50% probability of a result and when implied vol is at high levels , no chance. You need to sell high vol premium , in the American market, UK markets are not liquid .Have a look on the implied vol rank indicator on Dough.com it ranks stocks with high IV . Dough is the new tasty trade platform which is going to open a UK discount Broker link in the future. You can also follow other experienced Option traders positions.

[praipus] 23/1/2015 17:35

Awesome dude...my lonely long call option position was showing 80% loss last time I looked.....having nearly lost my account skillfully traded it back then put this silly crystal ball punt on...you win some you lose some.

[stavros28] 23/1/2015 17:19

Been a buyer of the UNG Gas ETF Options in the US this week as the weather turned very cold , I work off the storage figures that are supplied free by the US Goverment. The shale gas is not in the mix the storage figures move the market.

[stavros28] 23/1/2015 17:11

Praipus hi hope all is well.

Sold some atm March 2.60 puts , looking for a Vol crush when the dust settles.

[praipus] 23/1/2015 15:59

Are you a buyer?

[stavros28] 23/1/2015 15:18

Among the notable companies suffering following the turmoil seen in currency markets following the SNB's move is FXCM, the largest retail currency broker in the US. In pre-market trade on Friday, FXCM shares were down as much as 90%, and near 9:55 am ET.

From Business Wire

[stavros28] 23/1/2015 13:42

More FX Spread Bet Brokers will come out of the woods soon !

[harvester] 23/1/2015 11:24

Unlucky you with mf global
Looks like better luck for me with FXCM

[harvester] 23/1/2015 11:22

Yes, time have a chat
Will call you

[stavros28] 23/1/2015 11:22

Harv,it took me two years to get my cash back from MF Global.

[stavros28] 23/1/2015 11:20

Hello peeps long time no chat !

[harvester] 21/1/2015 10:27

Just checked.THere are several FXCM companies.
tHe one we are with, FXCM securities hold client funds in segregated accounts, so
They say .
Still wary after last weeks events .

[zastas] 21/1/2015 09:57

Harvester, thanks for that. If really true, that may change future business.

[alphorn] 20/1/2015 22:25

Hi Harv - don't know about Thursday; a guess would be a slower start than some may expect - market disappointment?

Agree unbelievable if they do not pursue those clients. It seems that other brokers also have losses to absorb. So who held the other side of these trades?!