So since the free version of LiveVol is no longer, I have been using the TOS platform to get a visual even though I don't like it compared to what I'm used to at LiveVol. But today I pull up IV on TOS for (RMBS) and I know by eyeballing it that it's not correct because I've been following my APR position daily and taking a look at MAY periodically as well. So I pull up the option chain to see what that says versus the IV chart and I confirm that it's wrong. Then I use LiveVol and that chart looks correct to me from what I've been seeing the last few weeks, and also matches the option chain information. Here is my question, why are they different? Does anybody know what the IV is measuring on TOS? Can I check it, change it, etc.? I don't want to pay for LiveVol but if I can't rely on TOS then I have to look elsewhere. IV on TOS is showing 84, that is not correct, how do I find out where they got this from?
Many of you have been reading this blog may have noticed that my blogging frequency has increased over the past few weeks as I got short the market. As you can imagine I am down money since getting short the market, this is the time when most people pull away from posting. But my goal is to stay active and involved and show you that trading is not always rainbows and butterflies. It is times like these that the things I have been sharing over the past couple of weeks are so important. You need to trade small relative to your account. I have a decent short position in the market and my portfolios are set up to make some awesome returns if we finally turn lower. But something I would like to point out is that my account is 70% Cash. I learned a long time ago how important it is to live by the rules you preach. Because of my discipline I am able to continue to hold my positions, I have time and capital on my side. I can't stress enough how important it is not to get to big....



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