Recent content by kjones5159

You want to be minority and buy/sell into the rotation from minority to majority?

What is DOM, T&S, and OTR?

The "chart outside of time frames" I'm about 99% sure that he means that you should look at only price and volume on the chart relative to the other price and volume readings of that same chart, regardless of whether it be a 5m or 1h chart or whatever the time period may be.

Noob question: since a market order circumvents the FIFO book, do two opposite simultaneous(ish) market orders fill eachother, or do they fill the next in line limit orders already in the book on their respective sides?

I find this very interesting reading. Are you mainly waiting for a lull in volume and when you get your lull, trading in the direction of bigger concentrations within the order book? Or one step further, waiting for the lull, then a secondary increase in volume and following the trend?

Agreed.

I work for a bullion dealer, we sell everything under the umbrella of precious metals, coins, bars etc. I can sell you 10oz .999 gold bars for 6% over spot. PM me and I'll give you my office contact info. 100oz silver bars are about the same, I don't have my price list in front of me, I'm...

Fair enough, thanks for the insight everyone.

I've been following VVUS also, hating on ARNA the whole way, though I did own it on approval day, nice jump from $8 and change to $11.20:D I caught something on the news the other day saying VVUS's drug may not get approved in Europe though. Best biotech right now is ACHN. Achillion...

CHK is likely to break out above $20 before long provided there isn't a market correction during your contract's life. Consider a condor or iron condor.

Couldn't have seen that one coming with a crystal ball. :D As far as puts or calls, what I've been vastly more sucessful with for whatever end is stock picking, so calls are much more natural to me. As far as understanding my strategy, think European options, no early exercise...

I was under the impression that I would exercise the option and "buy" the shares, but simultaneously sell them at the market/higher strike (for a spread) instead of taking posession of the shares outright. Point here being that if the sold option expires worthless, the profit of the trade is the...

]I'm talking about a bull CALL spread, no puts involved, with a basis of holding until expiration. Buy ITM call, sell OTM call, a debit spread that starts in the green. I'd be buying the $38 contract ITM, thereby giving me rights to buy stock at $38, and since ITM are priced so that you'd...

I'm talking about a bull CALL spread, no puts involved, with a basis of holding until expiration. Buy ITM call, sell OTM call, a debit spread that starts in the green. I'd be buying the $38 contract ITM, thereby giving me rights to buy stock at $38, and since ITM are priced so that you'd...

Thank you, I wanted someone to tell me what was wrong with it. I agree that JPM is high right now but I was looking at an example of the first that popped ino my head as far as a stock. I clearly need to familiarize myself with the greeks. The stock couldn't be put to me there though, just...