I think most the rational people with experience agree with you Austin. IMO its not worth debating since it does not happen. The najarian thing is silly. He's a CBOE member do you think he's going to publish DVD's that say the CBOE is rigged?
Just bought SPY 138 calls at 2.10. Bracket set at 2.65 sell limit. 1.60 stop limit. 04-16 MAY138C 1.50 1.75 2.60 1.68 2.60 2008 MAY136P 4.85 3.85 3.85 2.58 2.58 3D: C=5-0-42=L4UP P=7-18-2=L2DN 9D: C=30-16-47=L4UP P=39-50-27=L2DN MM: CT3D=UP 9D=UP PT3D=DN 9D=DN Decision: Buy= MAY138C 2.10 Exit= MAY138C 2.65
we'll see ... the markets starting to sell off here. i am not looking to get long the spy at these levels. good luck
Nice job you bought the dead low of the day and sold a couple pennies off the dead top. If you could post a few like that then I think people might raise a few eyebrows
Well thats an excellent start buying the total bottom and selling the top. Lets see if it was luck or this thing really works
I thought to myself that was a bit of an unfair comment to make when jeffalvinson has said time and again his system looks at previous options prices. I think your credibility needs to be questioned now, not jeffalvinson's as you have made the claim you are/were an Options professional. Sorry, not wishing to detract from the thread, but jeff needs support over this point. The comment: "nor, obviously did Jeff. " is really a cheap sneaky vindictive comment.