My Options Play

Discussion in 'Options' started by Multioption, Oct 3, 2005.

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  1. cnms2

    cnms2

    Why don't you use stop-limit orders? When your stop price is hit a limit order is open, not a market order as in the case of the stop orders.
     
    #631     Nov 8, 2005
  2. Uninvited guest,

    If this were a funeral, why are you still sticking around? Do you like funerals that much?

    3/3 correct predictions over a month is better than 1/10 prediction in 2 weeks. Experienced and Profitable Traders know that it is not the number of trades that you make that matters. But you are not a profitable trader, so I don't expect you to know anything about that.

    Having 100 pages in a single thread is an EXCELLENT thing. That shows that the topic is interesting and people are reading it and making comments. That's what Forums are all about!

    Frankly speaking, your frequent childish out-bursts of stupidity is getting on my nerves. If the number of pages on this thread bothers you, simply don't read them. Let me say it as a Texan would. "Go to Hell!"

    If I were a moderator, I would have banned you from this forum because you make every attempt to derail threads. But then, your stupidity could be entertaining sometimes. :D

    Wandering Newbie.
     
    #632     Nov 8, 2005
  3. APA Nov 65 Call
    Filled price: $3.00
    # contracts: 40
    Delta: 0.703

    Expectation: A sharp rise to $69, then $70+
     
    #633     Nov 8, 2005
  4. Any hint as to why you took this trade, or are you still holding the reasons tight to the vest? :D

    Thanks,

    - The New Guy
     
    #634     Nov 8, 2005
  5. hajimow

    hajimow

    It seems that TOL's bad outlook affected HD too as I was feeling and told you guys a few days ago. I think now is the good time to do that trade. I also strongly believe in the following safe trade.
    Combined order of
    Buy Call 20 Nov XLNX
    Sell Call 22.5 Nov XLNX

    It won't double your money but good rather safe profit.
    My positions are also attached. A mixed bag:D
     
    #635     Nov 8, 2005
  6. So u only sell options?
     
    #636     Nov 8, 2005
  7. hajimow

    hajimow

    So u only sell options?
    95% of the time. If I am bearish, I sell CALL and if Bullish Sell PUT.
    If I see that I am getting assigned, I shoot it to the next month. Basically I am selling time.
    Most of the time, I sell both PUT and CALL to get more out of money.
     
    #637     Nov 8, 2005
  8. hajimow

    hajimow

    I Put an order to buy 2 CALLs APA 65 at $2. Not filled yet.
    I don't know the stock at all :eek:
     
    #638     Nov 8, 2005
  9. Bid/Ask is 2.55/2.65 for your order to get filled the stock must go down, but you're bullish buying calls. Makes no sense.

    You must enter a market order or limit order at $2.65 to get your order filled.
     
    #639     Nov 8, 2005
  10. hajimow

    hajimow

    Bid/Ask is 2.55/2.65 for your order to get filled the stock must go down, but you're bullish buying calls. Makes no sense.

    You must enter a market order or limit order at $2.65 to get your order filled.


    I know what is bid and ask and I know that in order to my order gets filled the stock should go down. I put that trade to get a probable spike. The day range for the option is 1.8 to 3.3 (I think) so my $2 is in the range. Since I don't know the stock, I just put 2 contracts and I am not so eager to get it if it goes through well I am happy that I did not buy at the peak. I am sure Multimillion knows what he is doing and that does not mean that he might not lose . I hope he will win.
    Even if I knew the stock, I am always patient to get a deal. I don't need to chase it when it goes up and my $2 price does not mean that I am bearish on the stock.
     
    #640     Nov 8, 2005
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