Recent content by mysterh

traderich, Price often jumps up the first 1/2 hour, then retraces. I think it is best to put a trend line on the top of the retracement prices and then buy when price breaks through. I am no expert in this method, but I have seen other day-traders do it. Rick

Question for TOS users: how do you submit a combination order if it does not fit one of their canned strategies from the drop-down list? For instance, I want to sell a Call and Put vertical at the same strike price. The Risk Profile looks like a Butterfly (long), but it is not. I don’t...

Gawd! Naked Calls scares the bejesus out of me! I’ve sold a few naked Puts, most profitable but one was a disaster, losing all the profit I made. I sold puts reasoning I’d buy the stock if it got down to my strike price. Problem is, if it gaps way down past the strike price, you...