I think that your analysis of your choices is pretty well on track. I don't blame you for getting out of the situation at an 8% loss. I also...
I may be wrong because I haven't really used it. But won't the MSN money deluxe stock screener do something that simple?
The question is, why would someone play straddles/strangles? The answer is because you can count on something more predictable than directional...
Actually, I was talking about credit spreads. That is why I made a statement before that risk is all in how you look at it. If you are using...
Typo ROI=ROE
From your posts that I have read, I believe your intentions are soundly based. I also don't think you are merely trying to get rich quick. If...
By the way Neoxx, I forgot a couple things. If you use your system for picking stocks, absolutely don't get into straddles/strangles! You will...
Sounds like for what you are doing, 10% allocation to each position is fine. You might have noticed that 10% loss of that 10% happens in a hurry...
After quite a few big losses and a number of different strategies over the years, I settled into using mainly vertical spreads. There are many...
I don't use IB, but I can give you some opinion on your questions. I would first offer a word of caution with options. They are more illiquid...
Always interesting when the market make a big run based on the FOMC minutes. To me the minutes are old news. Still waiting for the next FOMC...
PFE has to close above $25 for a couple days for me to get excited about it. Same story with MRK only it needs to break $35. Many would say that...
Star, I'm not trying to bag on OptionsXpress. They too have a great platform. I personally still like TOS better, but my point was that there...
Rob on Business, I forgot to answer your questions. I forgot if you mentioned who you trade with. I use ThinkOrSwim. I've used others but...
Well, went on vacation for a week. Still on vacation but figured I would post a short message. Rob, In regards to the 50MA. It is difficult...
Rob on Business, At the risk of a slightly long post I will give you a little insight into how I trade. Understand that there are many different...
I can't really give you a read on UARM. Not really my kind of play. In regards to DNA. Two great setups in Oct. that I wish I had known about....
I should clarify my positions a bit. DJX- I am on a bear call spread. Yesterday the dow tried to show some strength due to the GDP but lost...
I trade with ThinkorSwim for options trading, but not because they are the cheapest. They definitely aren't the cheapest. I switched to them...
Good job on you trading. That is the part I wish I didn't have to give up by doing spread trades, those great trades that end up making a couple...
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