My Options Play

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

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  1. So welcome back! Could you post some charts as they apply to PEET right now ?
     
    #71     Oct 14, 2005
  2. welcome...

    I think they might lose some confidence seeing others who actually demonstrate a sense of what they are doing, and why... and actually succeeding within a reasonable and flexible plan, or if not, accepting full responsibility for said action. The fact that another ET.com member expects to "learn" by you telling him what to do and why... as a primary reason (per what he said in his earlier posts) from reading your trades already implies maybe he's not yet able to stand on his own two feet, and take the necessary risks inherent in more active market participation.

    The reason I have typically posted trades on message boards and made public market calls is so I have a record and a memorial to show to myself that I can stick to an idea, and when necessary abandon it without emotion and not look back. Others who mightt read such calls and trading ideas are quick to point out wherein you (I, or any other public poster) are hypocrites for not taking such and such action(s) once a trade goes adverse to expectations... kind of like the WWF. :p

    ... meanwhile keep an eye on IMCL and BBY .. both had excellent option trade entries from their lows earlier this week... IMHO. I am spread on both with front month calls sold against Dec and Nov premium in all my accounts; hopefully I don't miss next week's expiry pins on these stocks by more than .50-75c... but if so I have a plan to manage said option positions for profit.

    I almost jumped into your idea on TRID when it sold down to -29 as I expected to se it arbed back above 30; but I really want to go into more cash at end of next weeek.. and gear up for the next 2-3 months of good trading opportunity with losts of available liquidity.


    IcE
    :cool:
     
    #72     Oct 14, 2005
  3. Yeah!!! I'm gambling but not with your money!

    Could you please teach me how to trade? :)
     
    #73     Oct 14, 2005
  4. Ice,

    BBY may be my next call. I'm keeping a close tab on it!:)
     
    #74     Oct 14, 2005
  5. Since you're gambling whats the point of this thread?
     
    #75     Oct 14, 2005
  6. don't feel bad ... the truth really hurts guys like you! I got an idea though..... maybe you can try out for that beer commercial......you know, the one that says men shoud act like be men ! :eek: :D :D

    Good (luck) trading... you'll need it!

    (last comment)

    p.s. what in this life is not a gamble to some degree ...
     
    #76     Oct 14, 2005
  7. The thread is not meant for you, so can you, please ignore!:)
     
    #77     Oct 14, 2005
  8. p.s. regarding BBY it gapped up today... so those who are short term guys looking to swing a short... BBY could indeed sell back under 42.50 monday or tuesday (perhaps even below 42)... if it does not then perhaps we have a moderate 'breakaway' signal to add to or get long... into Holiday season.
     
    #78     Oct 14, 2005
  9. As long as people know you are gambling on VERY HIGH risk options and don't buy when you post your live trades.

    This thread is really for entertainment only.
     
    #79     Oct 14, 2005
  10. As a reminder...

    Yeah!! Please, I still wanna learn from you how to trade!
     
    #80     Oct 14, 2005
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