can someone please tell me how the DJIA is at it's 2nd highest level EVER!? And how SPX and the others continue to rise? Last time I checked,...
expiration day sales are tricky at best. The only places I know of that can give you a some type of profit are weeklies or really large spreads....
Hey guys..specifically Sailing, So, I've been watching all of your DD plays, still trying to evaluate this compared to verticals. Tell...
Forgot to check the market before closing yesterday and close out the Sept. 1330/1345 call spread....grrrr
Told ya coach not to worry about your trade...but you're the success story and I'm not, so your conservative play was prolly a good thing.
Sailing, gotta admit, I thought you guys were screwed on the put diagonal...of course, I was also thinking my 1230/1245 call CS was screwed...
1245? I think coach is pretty safe there, barring any weird catastrophe...even then, I think he'll be okay.
Hey guys, So, I have a couple questions. First, am I correct in assuming that the Sept./Oct. puts can still make profit even though the...
Thanks coach...but I was thinking of Sailing and the others who entered into Sept/Oct Put Diagonals after the SPX jumped to 1290 or so a couple...
I have a question for all the Sept/Oct put diagonal guys....when do you guys make adjustments if any or how much further up does it have to go...
If people could consistently make money of straight long positions, there wouldnt be all these other more complex trading strategies. I have...
I got burned by the SPX SET 2 weeks ago. Had a SPX bear credit spread for 1285/1300. It closed at 1279 Thursday and the SPX even opened at...
What happened to options and the market during the other non-9/11 events? ie, Spain and London bombings? I wasn't trading then, so I'm unaware...
geez! So, that means, every once in awhile, if you're on the wrong end of a credit spread (the call or put side)....you could totally get...
So, yes, I got burned for not knowing my product well enough (this weekends post) But, I'm just gonna chalk it up as a lesson I wont forget...
yeah...I think I'm screwed...however, i looked back at historical prices and SPX opened at 1280.26 on that Friday...from what I've read from...
...idiot:mad: :mad: :mad:
CRAP! I looked up the SPX weeklys and they expire on Fridays also! But on optionsxpress's website, they list expiration date for both SPX and XSP...
the problem is, I didnt sell XSP (JGA, JGB, JGD, JGE)....I sold SPX weeklys (JXA) which expire on Thursdays. They paid me and cleared my...
also...when I was assigned...I wasn't exercised on....instead, they made me BTC the short position for 3.95 even though it was worthless and...
Separate names with a comma.