Thanks Loufah and Octafish - your replies helped. With DNA barely moving up on such a widespread up day today I was moving in the direction y'all...
No, I'm long in my IRA. I was doing fine writing covered calls, but I'm not sitting on a profit any more with this latest dip and the premiums...
Can anyone explain to me why DNA can't find support? I know the chart is ugly, but are the fundamentals worse than I'm catching on to? Should I...
Kind of relevant... My May 70 call for PCU was assigned to me today, 4.5 trading days before expiration. I sold it (covered) on 3/20 at the...
I agree with the way you wrote the rest of this reply except for the math at the end. $10k in an account, 10% for each trade = $1k per trade 4...
I see your point. I agree that indexes almost never take massive leaps up, but individual stocks do gap up and can put a hurting a call seller...
Any thoughts on Hain Celestial Group Inc (HAIN) It's off it's highs now and seems to be hitting (or about to) hit it's trend line of higher lows....
I don't think there's one single good resource. I liked Bernie Schaeffer's Option Advisor as a good book I read a while ago. There are so many...
[/B] I'm far from doing this for a living. I didn't mean to imply differently. I need more than 5 times what I have invested now before I could...
Thanks for the feedback. I'll be more careful with my wording next time. Would it have been better as a question? I didn't mean it as a...
For option sellers, check the volatility on CROX. It's up pretty high for the June 65 and 70 strikes. I think CROX will drop a little more...
To me, the short answer to your high risk/high reward question is to sell puts AND sell calls. Learn the risks before you jump in. I sell naked...
That's exactly right - the beauty (or pain for the other side) of options is leverage. Taking a little money and turning into a lot. Keep in...
If you are trying to reduce your risk, I think you need to take the time to consider time horizon. Over extended periods of time stocks will beat...
I see lower highs and higher lows. When will it break and in which direction? It's down today and looks like it is sitting on it's upward...
Thanks, I'm in on AAPL and RVBD and will look at BIDU again, it's been a while.
The way I draw the ATI chart I could see it bounce back up to 120 before some profit taking again. The fundamentals don't piss me off either......
What am I missing on FSLR? It's up big on good earnings, but the OTM puts are still selling at a high premium. Is there a reason to suspect that...
I have a limit in to sell a CELG 55 put, but now I'm doubting it's a good move. The chart shows me potential support around 55 or if it breaks...
All I do (I trade part-time) is sell naked puts and then write covered calls if assigned. I always try to get the time value to make it more...
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