Recent content by FX_Capitalist

Call Spread on ETFC for next Jan. You guys figure out your upside target. Enough said. Covered call write till then or Iron Condor every month.

AMZN breaking down, hope some of you were in that Put Ratio Backspread.

And just trade the FAS FAZ options. Leverage the leverage buy puts on FAZ buy calls on FAS and vice versa.

Inside Bar Breakouts

Nope pure black swan example right here. all models fail.

lol whoever dumped it got owned.

Put ratio backspread X2 3:1 Sell 1 $85 strike 10/09 put buy 3 $70 strike put same EXP. Good luck children. That should give you enough time to kill it.

No of course not. I'm just looking to make the spread and sell at maybe 20 cents. Like I said BAC to 40 ish is slim to none.

Thanks for the constructive insight. Well appreciated. We all trade our own ways. Good Day.

up 40% on 20 WBA AG contracts =D New max loss is $150~ got inside bid at around .05, so I got it better than expected.

Thinking of purchasing WBA AU $37.5 Strike Call, lmt. $.07 X20-30 contracts. I'm playing this due to a post stress test market interpretation/reaction. The way I see it is the sooner BAC hits 11 again or higher the sooner i can B/E and profit. Since It's all time value based there's little to...

I agree earlier, Ed Ponsi's book helps alot.

Who'd you get in with. Only advice I have for you is Risk Management = # 1. You'll survive if you shoot yourself in the head with that aspect of trading.

I understand that a stock would not go from 80 to 2 unless there is insolvency risks. However, the banks will benefit less by directly liquidating the casinos in Vegas because according to Nevada State Law: Gaming licenses are non-transferable to a non-gaming operator. I doubt JPM can use the...