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Brilliant post! I have shared my trading secrets with lots of folks. To those who surmise that there is no such thing as the holy grail I wish to say that there is. Why I teach my trading secrets hinges on manual work involved. My philosophy about the markets: market is like a minting...

Ditto! Many options traders seem to believe that they can gain insight into market's direction by looking at options' trading activities. So, when they spot unusual increase/decrease in volume and open interest, they assume that the underlying security is about to bust up/down. However, all...

Reckless risktraker with one lucky trade? That cracks me up, maybe I was also lucky to know that CHS would drop the following morning after the closing of the trade? CHS fulfilled my trading rules CHSJG was the next ITM strike to the trading price - I buy ITM Options. I exited because I...

What's special in the mechanics of options? Volatility skew, Price distribution curve, Greeks, or what? Yeah! Technical analysis works. At least the effect of "buy to close" or "sell to open" cannot be fundamentally quantified, or do you know how one can do that?

Are you afraid of buying something? I'm not afraid of listening to those who know more than I do. And what are you being charged?:)

Technical analysis.

I think folks are still reading. I plan to update the thread as soon as new position is initiated.

I buy outright options (Calls or Puts) in excess of 200 contracts, and I'm shooting for 1,000 contracts by 2006 March. I may appear foolish and stupid buying options because many options traders assume that 90% of options buyers lose money. I put in place partial or full recovery adjustment...

Actually, I have a lot to reveal but let me prove my aplomb first. I've not busted any 10K account. I started trading options for a living in 1996 and have posted mind boggling returns since then. I'll show screenshots of my account taken some years back, but in December.

I'm trying to grow a small account to 100K by December 2005. The account started at 10K in September 2005. I had DIA and AVID options that posted some but small profits. Let's watch and see if I would make it to 100K by December ending. I've done it before on several occasions but this will...

Just bailed out on CHS Oct 35 Call @ $3.60. Will post new trades as soon I get on board!

Sorry folks....just feel like throwing here my options play. Just got filled on an order... Options' symbol:OCT 35 Call, .CHSJG Underlying security: CHS Filled price: Limit 2.40 Time: 9:58:01AM High risk trade due to theta. If volatility collapses, I will bail out at 2.00, but it is...