Anyone still successfully trading NYSE Opening Orders?

Discussion in 'Trading' started by 777, Aug 12, 2018.

  1. SunTrader

    SunTrader

    Nowadays I much prefer futures myself but it was a fun time back then for sure. Slinging multiple 1000's of shares of AOL long/short (when it was in the $50's-80's range) and other big board names.

    Also I dealt with Bob Bright and his former partner Eddie Franco rather than Don.
     
    #11     Aug 13, 2018
  2. greg500

    greg500


    Yes, I think some guys were doing a GE / AOL pairs trade.... "Slinging" is a great name for what we did.

    Best Regards,

    Greg
     
    #12     Aug 13, 2018
  3. Arnie

    Arnie

    It was GE/HON merger. They traded that back and forth
    Don said they had a wake when that fell through.
     
    #13     Aug 13, 2018
    777 likes this.
  4. SunTrader

    SunTrader

    Straight up, no pairs.

    AOL, XOM, GE, T etc.

    Slinging is just NY slang I use.

    "Bulletts" a type of option play, were used to allow you to go short without an uptick. Don't think you can do that anymore ??
     
    #14     Aug 13, 2018
  5. 777

    777

    #15     Aug 13, 2018
  6. 777

    777

    I see you know your stuff and have other posts that relate to trading the open which I will study more, and I put you on Follow.

    Anything else you would like to share about trading near the open (or any topic) would be especially appreciated.

    Thank you for the savvy reply.
     
    #16     Aug 13, 2018
  7. greg500

    greg500


    Yes, married puts... Expired worthless at the end of day... $10 per 1000 shares.. :)
     
    #17     Aug 13, 2018
  8. SunTrader

    SunTrader

    Yup.
     
    #18     Aug 14, 2018