Recent content by MBfromLA

Do you know the one based in india, it was 123options.com, abcoptions.com, optionsabc...or something like that. It was $50 a year,,,very nice graphics, web based, and easy to use. Thanks.

Hi guys, used OptionsOracle for a while, but lately it stopped working, even if i link it to IB, it just doesn't get the data. I really miss it, because it was AMAZING, don't even mind paying for that type of a service. I couldn't figure out how to use the analysis for IB, it's very...

Hi guys, I have been using OptionsOracle for my options trading analysis, but it stopped working a while back, the only thing it works on is a symbol SPY. Do you know of any other free, or affordable similar software? Thanks. I used a web based software, 1 week trial, it was $50 a...

RUT Broken Wing Butterfly Buy 1 May 835 Call Sell 3 May 845 Calls Buy 2 May 865 Calls -------------------------- Credit $2.45 Will adjust as needed...If market drops farther, will leave it to expire and keep credit. If market goes sideways, will wait for sold calls to loose value...

Broken Wing Butterfly Veriation QQQ 04/20/12 $66.20 Buy 1 67 call Sell 3 68 puts Buy 2 70 calls ------------------------ Credit 35c Will work on adjustments as time progresses ----------------------------------------------------------- CREE played the worst case scenario took a 80%...

Example: QQQ trading at 66.77 according to your system, trend is up....time frame.... 3 months Buy JUL 69 call for 1.4 sell Jul 71 call for .7..net debit -70c Put a stop at 50% ,so you exit when the option's value gets to 35c Max profit : 2-.7=1.4, so with max risk of 35c and max...

Can't expect to make money with 50/50 p/l ratio, plus commissions. Can't expect to make money being biased. There is a lot you could actually implement to your , so called, simple system. 1. Add moving averages, 20/40 EMA, if the ma's are up and the stock is above it, then consider...

Technically, if you can average $1000 a month, nothing is holding you back from turning it onto $20,000 a month, simply increase the size you are trading with, and continue doing what you are doing..... Therefore, either there are traders who make a really good living trading, or the once...

Sorry, have to be honest, in 2006 took the class, joined the firm, back then series 7 wasn't even required, after that kept in touch with all of the guys from the class, no one made it. There were even people who came with their spouses for support, overall good folks, but all failed within 6...

Had a SBUX put spread on Fri at the close worked out nicely.. Today I put a reverse iron condor for CREE, cost me 1$, will see if can get 1.50 after the earnings. Also got YOKU reverse iron condor for June, SNDK, FSLR,..NFLX for earnings,,will be putting more on....but need for CREE to...

First you need to learn how to not loose money and preserve your capital, and only then talk about making money. Here's what I'm doing for my daughter's college fund: 1. Get a list of stable stocks that pay a nice dividend , and you believe that will never go to ZERO. I have 8 of them...

Absolutely agree, max profit is realized at the expiration. Also, there are reasonable break even points as well. Goal is to have a trade for 3 months, and try to average 30% return, on a diversified portfolio of course.. Regarding "If the spread costs $2.40 then the maximum...

Hi guys, Trading Live Already, had a 10 day hold on a check... Every comment, criticism and suggestion is highly appreciated. I switched from day trading to options, I've traded options before, but mostly covered calls, now i'm doing reverse condors... here are some thoughts... 1...

Hi guys, it's been a few years since the posts, hopefully you all are still trading and are doing well... I switched from day trading to options, I've traded options before, but mostly covered calls, now i'm doing reverse condors... here are some thoughts... 1. Outlook has to be 3-4...