Thank you Phil, I`ll use this tip as professional advice and would be no suprise if it works the best.
Call Diagonal.... small credit. Put Diagonal up $10.50 This volatility is so so so so... nice for Diagonals... Murray
It looked like we were going to have a nice flat day. I walked away from the computer and the market fell off the edge. The only green I see on the quote screen is the VIX. :eek:
Cody...I have/had been very seriously considering his course. It is $5000 and is over a 3 month time frame. They start with virtual "paper trades" and work up from that. I like the fact that it is over a period of time so you can work your trades. Discussion with sig other however said I was doing fine and probably wouldn't benefit. I also received a pm from a gentleperson who said they thought the mentoring program was better for the newby. So I'm still undecided. I believe I could easily benefit from some kind of mentoring and it would be well worth the $5000, however I don't want to do "paper" trading and would be more interested in advanced stuff. The problem with mentoring is that.... like when you hire a decorator...you are traditional and they are "art deco" it never works
I was thinking about it too, but I wonder if his Income Generation videos get us 70% of the way there for free. Also, was live at one of his classes, upbeat interesting guy!
As of today's close the SPX is only 13 points in the black for the year. Aardvark: I think I'm gonna try to get out of my June 1355/1370 bear call now that it's almost 95 points OTM. Free up the margin and look for future trades. What are you going to do with yours? P.S. I'll P.M. you about a strategy I'd like your opinion on. I'm not going to post here because the mud slinging and the nastiness in the forum is not appealing.
I had to check to see if I had a bear call yess I do...and yess I will be looking to close...thanks for the alert..and feel free to pm.
Just post it out here for all to see, use your ignore button if need be. You can learn a lot from all the positive and even the negative comments that you get.