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Hello Pelagos. I'm just wondering what trading system you are using if you don't mind sharing. Do you get exercised/assigned much? Thanks. It didn't take me long to get tired of the daily market chop of the UL price while a monthly option sits there tying up my buying power. So I switched...

That is a sim/paper account. I clicked on the thread and a warning popped up saying these were all simulated and hypothetical accounts. That won't even help you to buy Boardwalk when playing Monopoly and it doesn't have a get out of jail free card either.

Hi Grand. Please answer the following question as well. What price will the SPX end at this Friday? Thanks.

What were the spreads you had on?

I don't know anything about vanna or vomma but I will keep count on how many times the bare chested pic of Vanna is downloaded. It is at 16 right now.

Cactiman. That is how I've been doing it. Took an Investools weekend seminar with 5 months free use of their green arrow website analysis. However, right after that I had an old trader tell me to learn the basics the old fashioned way instead of relying on green arrows. That is what I did...

Followup. Well, ended up with a 9.81% ROI based upon those trades made following his advice which was luck because of the rally today. The down side would have been a minus fifty percent. Trades from my strategy gave me 10.89% ROI today. Total for week is 20.70% ROI and 50.15% ROI for the...

Thanks for info emrglobal. I'm watching spx. As I learn more, I expect to learn a better strategy than this hit or miss directional one. I ended up placing a 1235-1240 bull put spread on Wednesday and then the market tanked to 1234 the next day. Luckily it came back up today or it would have...

Following his advice has just about destroyed (and may still destroy) me. His advice from last weekend was that the market was bearish. So on Monday when it was at 1257, I decided to follow his advice and traded SPX 1290-1295 Decwk2 bear call spreads for $.8 each. However the market rallied...

And here I thought he was following the crap table strategy. Roll them dice and hope for sevens.:)

Here is the latest from Covestor where the bwol account is in the red and number 184 out of 187 accounts. Annualized performance since inception is -21.24%. Looks like 8 trades were made since 9-26. Strategy is market timing but it doesn't look like the strategy has ever hit. The manager's...

:) Yep. Kinda like reading bwol.

Thanks for the heads up. I've been trading the spx weeklies. Usually a trade or two at the first of the week once I guess at a direction. Then a trade or two mid week as direction gets more definitive. Then a few trades on Friday for a little profit/loss taking. However with Europe ready...

Hi. Just wondering if anyone was long on some Green Bay Packers stock at $250 a share? It isn't tradeable but you get an invite to the stockholder's meeting. Guess I'll pass. Too bad all the teams don't do an IPO so they have some tradeable stocks. Then trade options on the games.

Yeah but don't all these internet solicitations to join KC capital, etc. require Finra and Sipc registrations to be legal? Internet solicitation is outside of state jurisdiction. Just wondering. SEC guide to broker/dealer registration: http://www.sec.gov/divisions/marketreg/bdguide.htm...

I'll bite. I see two thirds of a head and shoulders top in the S&P. But with the Europe situation, charts get discounted.

Grand, are we now in a sustained rally continuing to Christmas day? Yes or no?

I can understand that strategy. However, in the couple months I've been doing this, the market has been to choppy for me to make that work and particularly with my rinky dink account. The underlyings that are stable enough to make a condor work don't have the premiums I want for a minimum of...

IV, Would you mind explaining what vega is and how positive/negative affects a trade? Thanks.

I can't see an equity rally being sustained very long along with a crude and gold rally. Something has to give and equities has to be in. Sit it out today while some profit taking occurs and watch for the equities to turn back down this week.