Recent content by Hart9000

I watched him for years and probably took him for granted until he was off the air. The other shows did not fill the void. One of my fondest memories was early in the tech meltdown in 2000 when he opened the show wrapped in bandages and on crutches. Funny guy.

I've got a 30 day trial from Sunrocket. Works great so far. Hooked it into my phone system and all 12 extensions have access with my regular phones. Rates are cheaper than Vonnage. People having quality issues with voip should try the broadband booster made by Hawking. May solve your problems...

Yea, I'm feeling sorry for myself too. I thought this was my month to hit on one of these. I had a 1290/1295C and a 1280/1275P. How can you miss right? :confused: Great month for the credit spreads though.

I'm long 1290 and praying for a strong set - up. :cool:

If the SPX closes at the high today what might that indicate for the set tomorrow? I'm thinking the momentum may continue through extended hours and set could be higher than todays close. Has anyone here studied this?

Thick interesting book. Lots of cool charts. Can't wait until they translate into English! :(

That is not a bad return, it is a GREAT return! Are you doing this with credit or debit spreads, and on what underlying?

I was also at this class and found it very interesting. Tom was applying these guidelines to slower, tighter indexes like IWM. You would not use these guidelines on the SPX.

I typed in coachphil50 and it did not get filled. :( However coachphil20 worked fine. Can't blame me for trying

I have a friend with one. They work well but are a lot of work. Check out the corn burning boilers, they make even more sense, unless you do not have ready access to corn.

Riskarb, I think you are right on that. With the Nov. set being 12 points off the close it will be interesting to see how much premium is actually left in these ATM strikes near the close this Thurs. Would you care to offer a guesstimate?

rdemyan, I should be available to track this on Thursday. I'll make a report on Friday after settlement. Going into the close should be interesting. If ATM strikes are selling for .05 I will be loading up on straddles to play the set. :p

rdemyan, I think that because of settlement uncertainty there is still a lot of premium in ATM short options right up to the close. On the SPX I would consider 5 pts. to be ATM. This may not always be the case but we can watch it closely this Thurs. and how it plays out. I think if I were 15...

:confused: Coach, we need a correction here. If the index is less than 5 points from the short strike on Thurs. there is no way to get out for .05 It more likely will cost you several times the credit received and you will get out at a loss. That may tempt some to hang on and hope for the...

There is an interesting commentary today on the Red Option site. Monthly moves of the SPX are analyzed to see if they can be used for placing credit spreads using probabilities of the index being up or down based on the previous months closing. Likely based on info provided previously by members...