are we ready to turn back up? iwm http://stockcharts.com/h-sc/ui?s=IWM:VXZ&p=D&yr=0&mn=6&dy=0&id=p97558155124 spy http://stockcharts.com/h-sc/ui?s=SPY:VXZ&p=D&yr=0&mn=6&dy=0&id=p41914154310
Trading visualisations & Rewards http://www.youtube.com/watch?v=mMfL1gzTSaQ&feature=more_related another good resource, http://www.success-with-options.com/
watching CLF, $87.95 for bps for apr, earnings are on apr 25, after expiry on apr 15. apr 70/75p, cr .45 http://finance.yahoo.com/q/ta?s=CLF&t=3m&l=on&z=l&q=l&p=b,v&a=r14&c=
i read a piece where-in the guy said to go long Japan, USA, and Germany. So i have dubbed these three "JUGs". i will keep a compare of JUGs vs BRICs. the jugs are ewj,spy, and ewg. for the brics we have ewz, rsx, epi, and fxi. http://finance.yahoo.com/quotes/ewj,spy,ewg/view/v1 http://finance.yahoo.com/quotes/ewz,rsx,epi,fxi/view/v1
Olds Rocket This Day in Wall Street History: 2004: The end of the road for Oldsmobile On this day in 2004, the last Oldsmobile comes off the assembly line at the Lansing Car Assembly plant in Michigan, signaling the end of the 106-year-old automotive brand, America's oldest. Factory workers signed the last Oldsmobile, an Alero sedan, before the vehicle was moved to Lansing's R.E. Olds Transportation Museum, where it went on display. The last 500 Aleros ever manufactured featured "Final 500" emblems and were painted dark metallic cherry red. In 1897, Ransom E. Olds (1864-1950), an Ohio-born engine maker, founded the Olds Motor Vehicle Company in Lansing. In 1901, the company, then known as Olds Motor Works, debuted the Curved Dash Oldsmobile, a gas-powered, open-carriage vehicle named for its curved front footboard. More than 400 of these vehicles were sold during the first year, at a price of $650 each (around $17,000 in today's dollars). In subsequent years, sales reached into the thousands. Olds' invention inspired a 1905 song, "In My Merry Oldsmobile," whose chorus includes the lines: "Come away with me, Lucille/In my merry Oldsmobile/Down the road of life we'll fly/Automobubbling, you and I." However, by 1904, clashes between Olds and his investors caused him to sell the bulk of his stock and leave the company. He soon went on to found the REO (based on his initials) Motor Car Company, which built cars until 1936 and produced trucks until 1975. In 1908, Oldsmobile was the second brand, after Buick, to become part of the newly established General Motors (GM). Oldsmobile became a top brand for GM and pioneered such features as chrome-plating in 1926 and, in 1940, the first fully automatic transmission for a mass-market vehicle. Oldsmobile concentrated on cars for middle-income consumers and from the mid-1970s to the early 1980s, the Oldsmobile Cutlass was America's best-selling auto. However, in the decades that followed, sales began to decline, prompting GM to announce in 2000 that it would discontinue the Oldsmobile line with the 2004 models. When the last Oldsmobile rolled off the assembly line in April 2004, more than 35 million Oldsmobiles had been built during the brand's lifetime. Along with Daimler and Peugeot, Oldsmobile was among the world's oldest auto brands. Source: www.history.com
Buying Straddles with Weekly Options (terrystips 7/5/2011) For the past 7 days, SPY had fluctuated more than $1.00 every day. One of the portfolios that we carry out at Terry's Tips involves placing calendar spreads near the close on Thursday (buying options with 8 days of remaining life and selling options that will expire the next day). The risk profile graph for these spreads shows that a profit will be made if SPY fluctuates by less than a dollar in either direction on Friday (which it has done historically most of the time). However, with 7 consecutive days of greater-than-$1.00 fluctuations, it did not seem like a prudent bet to place calendar spreads on Thursday (especially since SPY tends to be more volatile on Fridays when the Weekly options expire than it is on the other days). Instead of buying calendar spreads, we bought SPY 132 puts and calls which would expire on Friday, paying $97 for each pair (with commissions, $99.50 each). At the time, SPY was trading right at $132. This is called buying a straddle. If at any point on Friday, SPY changed in value by more than $1.00 in either direction, we could sell those options at a profit. (At any price above $133, the calls could be sold for more than we paid for the straddle, and at any price below $131, the puts could be sold for more than we paid for the straddle.) SPY managed to change $2.00, beating the $1.00 threshold for the 8th consecutive day. Subscribers who held their straddles until near the close were able to double their money on Friday (admittedly, most of us pulled the trigger earlier than that, but I did manage to keep a few spreads until the end in my personal account). Straddle buyers like volatility as much as we don't like it in our other portfolios. What they like best is a whip-saw market where the market moves sharply higher (and they sell their calls) and then down (when they unload their puts). There are many ways to profit with options. Buying straddles when option prices are low and volatility is high is one very good way to make extraordinary gains. The downside to buying straddles is that if the market doesn't fluctuate much, you could lose every penny of your investment. This makes it a much riskier investment than the other option strategies we recommend at Terry's Tips. However, straddle-buying can be quite profitable if the current market patterns persist.
....after 3-months the jugs are beatin' the bricks...ewj is the best performer...(not sure who the guy was)....
interesting site for AAPL info http://aapltrader99.home.comcast.net/~aapltrader99/Apple_Trading/Welcome.html