Forget about S&P 1000

S&P Jan 1000 calls current price: 3/8

It was a good sale after all..good sale and good trading thread.

 

Buddy. Put the moron on ignore like the rest of us. Knowing that you're not reading tripe is bliss.

 

And miss his thread recommending going long mos @ $150, and miss his other picks like going long fcx @ $120. Why on earth would I want to ignore this?

 

Anyone make the easy $$ selling calls @ 2 7/8 ?? I laid it out so easy even a lap dog could follow me.

 

Great trade!

 

Thanks amigo!

 

As a general rule, do you believe it appropriate to trade based upon recommendations made by others?

 

As a general rule, it depends on who's providing the recommendation. If I don't know the person, then obviously the answer is "no".

But with my excellent track record on ET for calling tops and selling premium, i'm amazed more people don't religiously follow my ideas.

 

There's alot more trade in this thread for next week--options expiration. Still lots of ways to make $$ using the premise that the S&P won't see 1000 in January.

 

I'm a seller of S&P Jan 975 calls now as well.

Highly doubt it can get close to that figure in a week.