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    For Directional traders

    I think we're in agreement and this thread hasn't dealt with any of the complex options strategies out there. So, no flames from me... :)
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    For Directional traders

    heheh. it's quite nice if you got the support of company management to pump up the share price. actually, between tasr and nvda for possible long term calls, i'd pick nvda as more probable to hit. nvda is not cheap at 4.6B market cap, but it's a solid company. the march 32.5 calls are...
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    For Directional traders

    yea, i agree... this was too much of a gamble play and was just wanting to see if goog was gonna do wild gyrations this week. didn't happen. theta is high, no doubt, but it's lower than vega. when i started the position on monday, i think theta was around .08 and delta was around .09 and...
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    For Directional traders

    Weird... Just saw on the message board that someone bought (or sold) a 1000-contract strangle/straddle (don't know the term now but one side is OTM and the other side is ITM) Aug 15 strike on VPHM. I looked at the options chain all the way to Jan 08 and don't see anything else that might...
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    For Directional traders

    Tell me about it... I used to day-trade options which is probably the worst thing anyone can do, especially since I had to work and missed out on some opportunities (opening and closing-out postions). But this was during late 2000 early 2001 and there was extreme volatility which made...
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    For Directional traders

    TASR split several times which increased their float and lowered the volatility. Also, I think many of the traders that were playing them for a while have moved-on. The company doesn't seem to have the growth anymore and at the current stock price of 9.58 and market cap of 587m, I think they...
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    For Directional traders

    oopss. sorry, my bad... i do mean the goog aug 330 calls. this is not really a goog trade, but rather a proxy trade for the tech market. it's a swing trade of about 4 days. i should use the QQQQ's as they are more liquid and have smaller spreads, but i like GOOG more as it has that extra...
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    Option Help

    go to www.888options.com and order the Options Investigator software... Pretty cool software and also has tutorial stuff on options. Maybe it's downloadable. I got a new laptop from work and I don't have it installed, yet. From what I remember, I think you may have to do one leg at a time...
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    For Directional traders

    Idea for the week of 7/25/2005: GOOG 320 calls - got filled for 7 of them at 1.35/each (Risk-capital of about $960 with commissions). Currently 1.30 x 1.40 Reasoning: gamble (speculative) play till Friday 7/29 I was doing well in my other position (VPHM) and when I'm ahead, I get...
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    For Directional traders

    you can try www.ivolatility.com but i think they only have historical IV data not the options prices. historical options pricing is hard to find coz options don't always trade everyday. good luck.
  11. P

    For Directional traders

    Thanks for the support. Trading options is harder than trading the underlying (bigger spread, time limits, etc), so you have to be more selective. I can still remember yesterday that I brought my laptop to lunch trying to see if I might be able to put in a position (calls or puts) on GOOG...
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    For Directional traders

    lol Sounds like the riskdoctor Mr. Cottle. I kept going reading and re-reading each page of the "woulda, coulda, shoulda" before I could fully understand that I gave up because it took too much time.
  13. P

    For Directional traders

    Anseld brought up a good point that this may not belong here in the options forum. I only trade options, so that's why I put it here. I don't do OTC stocks or stocks with no options. And to address the 2nd issue of being smart enough to recognize pump-and-dump, I have mentioned in the first...
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    For Directional traders

    Thanks for the advice, arbmaster... I'm not the most sophisticated options player (not by a long-shot), but I am no beginner. I've read McMillan's and I do have the Natenberg book (for over a year but have been so intimidated by it that I haven't read it). I've read many books on trading and...
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    For Directional traders

    Greetings and Good Trading to everyone. After about 4 losing years, I think I may finally have a winning one this year. I've had my share of winners (profits) in the past, but I eventually lost them all and then some. I've always played options (calls or puts) on the long side and from...
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    The Perfect Option position

    Bravo, Maverick! Bravo... Thanks for always trying to be helpful with your knowledge.
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    SPX b/o spread size- a real question about "THEY"

    Very well said! Thank you, Vega. I've always thought that the spread on options have been fair. I remembered paying over a point on spread on cree options back in the good ole days of 2000. I would make 10 or 20 points in a few days, and a couple of points on the entries and exits were ok...
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    Is it just me, or does the Options forum on this site have the best posters?

    I'm sorry but I'll have to disagree with the above sentence. Not just on this site, in my opinion. I was on Motley Fool for a long time and there were some excellent Options traders there (ttm was my favorite), but the quality of posts there don't quite match-up with the ones from the people...
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    SEPR time spread

    And it's MUCH appreciated. Thanks to everyone for sharing their knowledge. It's great to learn from everyone's knowledge and experiences. And best of all, it's free :cool: Just got my "Option Volatility & Pricing" by Natenberg and "Pit Bull" by Buzzy Schwartz in the mail today. I can...
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    IMCL Options....

    Thanks Maverick. I'm long March 30 puts on IMCL. Small investment, lottery play. Explanation of the {long 21%}: It was a 70-30 30-70 play for me. I thought that the chances of IMCL Erbitux getting approved was pretty good. Long Call options did not appear attractive for me...
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