Thanks Coach for the input. Let me know once you get your hedge fund going :D
With the overall market on "crack", I had to make a 2nd and final adjustment once SPX touched 1365 (10 points from my short strike). Originally I...
Mo & Rally, thanks for your responses!
No I haven't but I'm interested in doing so. Currently I trade around 1.5 sigma. Do you trade 1 sigma or are you using support and resistance or...
As much as this is painful I have to put down my noob trades for today. Here were my SPX positions prior to closeout: 1350/1360 - $0.80...
I hear ya and feel the same way..how can it go higher? I'm hearing the August 2006 housing #s are funny..maybe it's the republican conspiracy?...
Ya no kidding..my 1350/1360 bear call position could use that. :D
I opened 1350/1360 on 9/11/06 (SPX closed at 1299.54) and 1250/1260 9/19/06 (SPX closed at 1317.64).
Ryan, yah the 1350/1360 is looking ugly. I ran the #s today and figured min $4 to close it which will be PAINFUL. I know you are in a diag, but...
Well the SPX sure gapped up more than I thought it would. Currently I am in the following Oct 2006 position: 1350/1360 - $0.80 1250/1260 -...
Well put..here in "THE OC" Southern California, I heard something like 80% used time-bomb loans: ARMS, IO, Neg AM, etc. because "Real Estate...
Mark, Do you get better premium doing this and rolling into the following month 2-3 weeks prior to expiration?? Flint
Thanks for your insights your thoughts. I especially like what you say about risk and reward...an interesting perspective as the trading I...
Cache, a great job! How do you select your strike points?? One sigma based upon 1-year historical SPX data?? Are you looking to open some...
OK here's a cross-post as this forum seems to be more oriented towards credit / vertical spreads and Coach's seems to be getting into more...
Separate names with a comma.