Is there a free website that accurately reports the Greeks (or at least, the Delta) of stock options?
I took a class that recommended buying options whose Delta is between 0.7 and 0.9 (supposedly, in this range the trade is less risky).
I just spent an hour looking at Greeks at the E*TRADE web site (where my brokerage account is), and came up dry… all the Deltas were reported as either zero or 1.0, nothing in between. Is this a bug with E*TRADE’s site? just laziness on their part?
Do you know of a free website that does a good job of accurately reporting Greeks (or at least, Delta)? (I know you can get free options chains at bigcharts.com and Investopedia.com, but I don’t think they include any Greeks.)
This 0.7-to-0.9 strategy seems impossible to follow, if I can’t find any options whose Delta is in this range! Any tips you could provide would be greatly appreciated.
(impliedvolatility.com may have provided this info in the past, but seems to be defunct now.)
| Print article | This entry was posted by admin on January 14, 2011 at 9:23 pm, and is filed under Currency Exchange. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No trackbacks yet.
Are there free guides that teach about international currency trading?
about 10 months ago - 1 comment
What is a good strategy for trading Currency Options?
about 10 months ago - 6 comments
FOREX/CURRENCY TRADING.Where can i get good free trading signals which have past performance posted?
about 10 months ago - 4 comments
I would like to make some money by currency trading, any experts out there, say i have a 1000 can?
about 10 months ago - 3 comments
Which is the best and cheapest Currency (FOREX) trading website? Only tried and tested sites please.?
about 10 months ago - 4 comments
Also, how much is the commission per trade? which is the best books out there for a newbie in Forex? I am an experienced technical trader in equities ( just to let you know on my background).
where I can find co. RCA involve in hedge fund and stock investments?
about 11 months ago - 1 comment
Company is us based
If the stock market is semistrong-form efficient, which of the following statements would be CORRECT?
about 11 months ago - 1 comment
The required returns on all stocks are the same, and the required returns on stocks are higher than the required returns on bonds. The required returns on stocks equal the required returns on bonds. A trading strategy in which you buy stocks that have recently fallen in price is likely to provide you with a More >
Is Forex currency trading free of tax in the UK like spreadbetting is?
about 11 months ago - 1 comment
Is There a List of Hedge Funds in New York?
about 11 months ago - 2 comments
Looking for a list of hedge funds in New York and Connecticut. Are there any hedge fund lists for New York available for free?
Are there ANY limitations for hedge funds?
about 11 months ago - 2 comments
I know hedge funds are more or less unregulated by the SEC. However, are there limitations to the types of investment decisions they can make with people’s money? For example, could a hedge fund purchase a certain number of lottery tickets every day with the investors money? How about bet on professional sports?…etc. Obviously ethical More >
about 1 year ago
(1) I suspect the reason you got the odd results from E*trade is that you did your query when the bid and ask quotes from the previous sesion had already been reset and the new quotes from today’s session were not available yet. I suspect if you tried again now you would get accurate data. (I do not use E*Trade so I cannot check.)
(2) You can use an options calculator, such as the one at
http://www.ivolatility.com/calc/
to get the greeks at any time.
(3) The only options that will have a delta between 0.7 and 0.9 are in-the-money call options. These will be less risky than out-of-the-money call options from one view since the amount of leverage is lower, but more risky from another perspective, since you will pay more per contract.