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For Sure. I kind of forgot about this stock last week and didnt follow through myself. Man, what a chart. On 11/10 confirmed the double bottom and started a run, but than retraced most of it over the next couple weeks and I think thats when we were looking closely. But on 12/1 you can...

Thanks for bringing this point up. This goes without saying and I didnt mean to imply it, that every single option contract open at those strikes meant necessarily a long bullish sentiment. I was merely saying that, there are some others out there, that must share or speculate with the views of...

Whats the deal with this move?? I think these guys have paid huge dividends too in the past.

Nice - I figured as much and I didnt mean to state the obvious. My only point was that, you may not want to shoot your whole wad with the position you open now, because calls will be a heck of allot cheaper two days before the expiration/earnings announcement. However, I completely forgot...

Just make sure you plan accordingly. I believe, APPLE reports earnings 2 days before the Jan expiration. So the stock will definitely have a huge move. It always has historically. In fact FYI, the last earnings report, APPLE was treading $75ish & reported earnings 2 days before the...

It is relative to exactly what or who the "good job" is with. For instance, if you want to get into a real high level institutional or market making type position with an SLK, CSFB, or SIG, if you dont have a top tier school program under your belt from a harvard, wharton, stanford, ivy league...

If we have another down day like today this week, the VIX will be pushing 15 again. That would be a near 50% gain in less than 7 trading days for any of you derivatives speculators. Amazing.

This has to be like the 50th time in the last 6 years. Write this real simple formula down: When the VIX >= 20, take long positions on equities When the VIX <= 10, take short positions on equities

Well if we had a true market crash, than logistically nothing would really matter in terms of timing, premium, etc. for the puts. So yes you would gain thousands of percentage points on any puts. I will give you an example. The 1st trading day of 2000, QCOM was trading at $800ish. So lets say...

This little pullback today is going to be really interesting to see it set the stage for the last trading month of 2006. Its been my personal impression that through this last leg up/rally many pro money managers were still too heavy in cash positions. But now it seems after the fact, everyone...

I think here is an example where you spin to justify something. Many technical trading indicators the last week were pointing to a break or pull back here. I believe overall, black friday sales were up huge. Why dont they also look at or mention same store sales for like Target, Best Buy...

You are correct. Many brokers wont consider the equity maintenance being secured for a naked put position as "available capital" and you wont get the money market 4% return & instead will make pennies as it sits there securing the puts. I was really looking at the benefit from a leverage...

As you probably know, looks like their website is gone or changed. Here is their contact info if in fact they are still around: Address 440 South LaSalle Street Suite 3400 Chicago, IL 60605 Phone (312) 260-5100 CEO Kevin Luthringhausen

LOL - Thanks last time I reply to posts at 3AM after being out all night.

What he said. Selling naked puts is always going to be the better choice in this scenario. And as long as you are selling the number of contracts that reflects the actual number of shares you had intended to and are capable of buying, you will be fine. It would be logistically no different than...

Great advice -- Wharton is the bomb. I have a buddy in that EMBA program and its simply the greatest thing ever invented. I would strongly recommend you look at this program as your 1st choice. All will ride on the GMAT for sure. You should go online and take a practice test and see what score...

IBM has had a phenomenal and ridiculous run since June/July; up 25% It will be interesting to see if it tops off here a bit. I believe the last time IBM broke or was above current levels was in Jan 05 Just for giggles, I checked the Dec calls and there is barely any open interest at the...