Nov104 put doubles if DIA goes bellow $101.6 at expiration (104-2*1.2). Nov105 call doubles if DIA goes above $106.5 at expiration (105+2*.75)....
This light crude oil chart shows a bullish divergence. Are we headed for the winter oil price rally? Is anybody here trading oil futures?
I don't follow: are you talking mostly about far OTM options? Could you give a DIA example?
Do you mean you're short 62 ctr. 25 Jan06 puts?
Thanks. Good trading!
âDonât make friends with an angry man, and donât be a companion of a hot-tempered man, or you will learn his ways and entangle yourself in a...
Eventually somebody'll call this top. I like Google for what it brings to us as a service, but its stock performance is insane: it defies both...
Absolutely correct.
The volume, hence the Chaikin Money Flow, is part of the short term bearish divergence I see.
This stock has low option opened interest. I think that Cluseau mentioned it from the beginning, and it is better to trade the underlying....
It is purely based on price, and I've just started to look at it because several good / great traders claim to use it. It is useful for trend playing.
Not sure: I heard that MM use LEAPS to skim newbies' money... I know that others use them in conjunction with stock buying / shorting for collars,...
If your time frame is only one week you'd better play the front month options one or two strikes in-the-money. As you go further from the money...
Your reading confirms my divergences. I'm curious if my DMI reading, that the uptrend will resume will be accurate.
Does your system account for today's DELL lowered guidance?
Daytrading options is very challenging. Are you daytrading equity / index options or future options?
I've traded a lot of LEAPS for awhile, but I rarely do it anymore. There are people promoting them as a stock surrogate, praising their low theta...
:) Thanks. I was trading with real money for the past 12 years, but I'm still constantly looking for new ideas. This is the reason I'm on this...
What are you using for entries, only price action?
This was my point: you have to learn to master them if you want to be successful. To get confidence in your trading system / skills you have to...
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