Recent content by ThunderChicken

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    SPX Credit Spread Trader

    How are SPX and SDS related?. Can we use SDS to hedge SPX credit spreads more effectively?. thanks
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    SPX Credit Spread Trader

    answering my own question, buy GM stock again as long as its below $30(the price i bought) and keep writing $1 calls?. :D
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    SPX Credit Spread Trader

    Covered Calls Risk Management: After trying all options strategies and burning more than my fingers, i have decided to stick to Covered call strategy. I bought 1000 shares of GM at $30 and wrote 10, 32.5 calls against it for a premium of $1000 ($1/$30 x 100 = 3.3%). 1). As long as the...
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    SPX Credit Spread Trader

    if i do the trading in my IRA, i dont have to pay tax even on datrading until age 60?.
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    SPX Credit Spread Trader

    It would be nice if we can see earnings, dividends, other events(date, amount in $$) on the stock chart. It will make TA much better. any chart software or website out there which shows these?.:)
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    SPX Credit Spread Trader

    Remember, if you go naked on wall street,you can lose more than your dignity:D
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    SPX Credit Spread Trader

    Coach what is your opinion?. Thunder Chicken:confused:
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    SPX Credit Spread Trader

    USD Positions (Virtual-Money Account) Reload Bet Details Purchase Price Sell Bet Sale Price One Touch: Win USD2500 if, at any time before the close of trading on 17-MAY-07 [inclusive], S&P500 Index touches 1530. details triggers orders SELL this bet if: S&P500 Index...
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    SPX Credit Spread Trader

    Scottrade offers Exotic Options?. I already have an account with them.:D
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    SPX Credit Spread Trader

    how?. can i open a account with them online?.
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    SPX Credit Spread Trader

    where can i trade exotic options (Binaries) like knock out options, knock in options, one touch barrier option,SINGLE PAYMENT OPTIONS TRADING(SPOT) etc. http://www.investopedia.com/terms/s/SPOT.asp My strategy calls for trading option spreads on an index on which exotic options are...
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    SPX Credit Spread Trader

    Wow Maverick! I got to learn to do the dissection like that. But the only way i can lose 2 pts is if GOOG is 470 on expiration, right?. I can deal with that.:D
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    SPX Credit Spread Trader

    COLLAR: I bought 100 shares of GOOG Stock at $471 and 1 PUT At 470 Strike for $10. Today, GOOG at 475, i sold 1 CALL at 480 Strike for $9. So, depending on where GOOG is at expiration, i belive i have locked in a profit:confused:
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    SPX Credit Spread Trader

    If SPX is at 1485 on expiration, wont this position lose $3000?:eek:
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    SPX Credit Spread Trader

    Interesting!. would you mind sharing your position info (+30 1445 -50 1450 +20 1465).how did you start building it(first leg or spread).how much credit you received or debit paid. appreciate it.thanks
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