Definitely a major resistance at $567, but if it breaks $575 it's going after new highs next year. It could be a manic New Year.
J, I would have thought you made good money from those occasional ARIA purchases. I tried to fade it at $5.00, but it kept going.
A different time. And, bucket shops still thrive in one form or another. I wonder how it will compare to Boiler Room, which I liked. In the...
Various threads on the forum are currently discussing a topic similar to yours. it's an end of year thing. I was hoping we could put them...
Setting your thresholds is too prone to personal bias. Quick and dirty way is just extrapolate from how you did in the past, if you have a long...
You are very correct that a long term option can have a very big gain over the long term. That's the power and danger of options. Here is the...
Mav, I find it hard to digest that vol isn't already normalized to the price. With the range of values it uses, 0 to 100, it already shows...
Actually, I have shorted a few naked calls past my sleep point on biotechs. Why does biotech vol remain at elevated levels thru period n...
Not Bad. Some folks just work better with visuals. However, it isn't a fast way to generate ideas. I was gonna offer the forum my...
That's a sweet share. Good Luck, then.
Count me in, pls. I am currently in the burbs visiting family, but can easily hop on the Metra. Maybe Brighton, caveman, and 2rosy can show up.
The potential 1% management fee from 3 mill AUM is $30,000 a year. Thanks, but I would rather be flipping burgers.
Seems you are enterprising enough, why not go full time school and the goods trade. Those 2 ventures are enough work. Graduate at the top of...
Read the classic books on trading. They have been discussed on the forum before. Avoid the internet, especially forums, until you read those....
I don't really know the whole story with CHK except the beating they took. As for XOM, I['ve always wanted that as a permanent holding after...
The thing about options is that you could be pursuing a specific strategy that makes money consistently for a long time then experience a massive...
You got it. However your option value will decay to 0, if you held that option to expiration. There is almost no reason to exercise if the...
UNG had just popped above 6 mo. resistance. If he is really looking long term, he should just go with a nice dividend paying producer. CHK or XOM....
Looking for the same here. At the very simplest level, I would like a sell a 10 pt wide 70% prob Spx Iron Condor everytime the Vix goes above...
Why would I use options expiring 6 months from now ( JUL) to hedge weeklies expiring in a few days ( DEC13) ? I am not sure how this trade was...
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