sold ES at 1277.50
To get your full 10 points credit , then the stock needs to be at 450 or above on expiration day. Just selling the spread when it gets to 450 will...
I imagine that Ra1 was quoting end of day prices which is where you should be looking at it as well
well I would say that intraday you are probably seeing the last trade of each option and the last trade for each leg probably didn't trade at the...
Is it possible that this is just intraday and not end of day that you are looking at?
you may notice that the day after you shorted, the market had a nice down day and then had a lot of sideways etc for a while and then had the big...
less risky strategies are exactly the way to do it. Traders with bad money management will blow up no matter what instruments they trade
it's ok. This is why we have a market. We all differ in opinion. This type of thing would have a very low probability of occurring in my...
My guess is that he was wildly overextended. Good directional analysis would have probably had him short calls
very true --agreed. He needs good directional analysis for a couple of years first. Although I must admit, selling options was the first area...
Triple bearish divergence on the MACD with regard to the Mar 06 GEC contract today
Nov 25 was the last peak on the MACD and is where the bearish divergence is drawn from.
Exactly! The key is to patient and don't overextend--Then the rare events will not and cannot wipe you out
Yahoo charts are delayed and that's why they are ok for the daily analysis not intraday. I do not use them, but if a person is looking for decent...
Use your underlying directional analysis to identify market peaks and troughs. Sell out of the money calls at peaks and sell out of the money puts...
2:30 PM
Joec, I actually trade the ES and not YM. My sell signal was at 2:30 CST on 1/19 . There was a bearish divergence on hourly charts. I am actually...
decent free charts are at Yahoo Finance
If trading during the day, you really need to review the daily charts for trends or potential reversals of trends. Bearish divergence on Macd and...
I don't see any buy signals or reverse signals on the chart that was shown from Fri. However, there was a tremendous sell entry signal using the 3.
Separate names with a comma.