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Another Month to start up again. This month I will be splitting into 2 diferent plays. First will be GOOG again. It has had a substantial increase for the past week or so, but I do not see it goin too much higher. Second SPX. This will be a new one for me to work with. I also do not...

Nice run on GOOG the past couple days... I bailed out of my short 370 put a few minutes ago. Originally sold it for 2.80 x 10 contracts. Bought it back for a dime, plus commission. I will just let the Long 360 expire this Friday...not worth doing any thing with it so I will write it off...

Broke above the 200 day MA..I do not see it going above 415. Looking at the last two tops we are trending down and that level should be near a point for it to pull back. CCI 14 hit above +300 so it should start to come back quickly.

Just checking to see if anyone has used this service. Call "Trading Markets Power Ratings". Supposed to supply a rating on stocks that are more likely to have a big move in the next 5 days. www.powerratings.net. Any input....? Thanks.

Hey Bitstream, I noticed you mentioned MATK... Saw this mentioned a couple days ago on Options Slam's site about doing a straddle play, before the earnings release. They mentioned to set up a 30 Call/Put straddle, which cost a total of 3.10. I see the 30 put option closed at 8.20... That...

I have done some covered calls, along with buying calls and puts. The buying of calls and puts had it's ups and downs. Figured it would be better if I was the one selling the options, instead of buying them. I just looked at all the options that I had in the past that expired worthless...

When it gets close to the "Breakeven Point" I am ready to bail out. Right now I have a cushion to be able to take a little loss. I bailed out last month when it got to that point, only to have it reverse back to what would have been profitable by exp. The increase in contracts will only be...

I entered a 10 contract spread (short 10/ long 10). I never go over 10 point spread. The goal is to try to earn approx $1000 per month with less that 2 weeks of time left in the options premium. This is month #3 of doing this. I have kept the amount in play at a $10,000 base. Starting next...

Well here we go again... I entered into a GOOG spread for the month of September.. Goal again is to make approx $1000 for the trade, with only 2 weeks left. Account status: $12,630. GOOG currently @ 378.89 Sold 10 370 Puts @ $2.80 Bought 10 360 Puts @ $1.20 Net Credit of $1600...

That is the way it has been playing ...Volitility will start to build up once the Sept options expire. It has done this over the last couple earning periods. I am not even going to start looking at it until after the expiration of the Sept. One nice thing NOW about the volatility being low...

The volatility takes a dump until about 30-40 days before the next Earnings release. (sometime around Oct 20th) Plus it has been stagnant below the 400 level for a couple weeks. Start looking for the volatility to pick up after the Sept expiration.

Interesting site I looked up the other day. Apparently Mark Cuban (Billionaire bad boy) has partnered a site that he takes on questionably listed companies...digs up any dirt that is PUBLIC, and then Shorts the stock before posting his data on them. He has already taken on one company...

Looks like it may be consolidating before it turns back uphill again. Same pattern that it had toward the end of March. If it DOES bounce back I do not look for it to go much past 401-409 area. (fib 38% and 50% levels) If it takes out 360 and fills in the 340-360 gap from the end of March...

Just evaluating whether to look at this as one for a the credit spread trade prospect for this coming options cycle. I like to trade a call spread near the resistance or the put spread near support levels, especially when the underlying instrument is bouncing back and forth. I will keep...

Just looking to see how many traders have traded in the CME Option (CME Holdings). This looks like a good short term play with a trading window between 430 and 500. It has retreated each time near the 500-510 range(3 times), and the last support was around 420-430. Any input?

Your right... The price was up because of the earnings report that was to come out on Thursday morning. I saw the opportunity to run this spread and take some of the premium that was offered, and then get out before the announcement. (Old saying...buy the on rumor, sell on the news... is...

Bailed out with 10 min to go before the market close. With earnings coming out BMO tomarrow, I took my money off the table. Closed out the 135p @ .60 and the 125p @ .15. Nice profit for hold it for a couple days.

10 min to go till the end of the trading day...and with earnings out BMO tomarrow I took my profits and left the building... Closed out the SHLD spread. Got out of the short 135 p @ .60 and the 125p at .15. That made a nice profit after comm. of $690.00. Not bad for holding the spread for...

Here's another Expiration Week Play that I got into earlier today. SHLD Sears Holding Corp. Stock $142.21 135 put sold 10 @ 1.6 (+$1,600). 125 put buy 10 @ .40 (-400) $35 in commissions. Nice increase in the past few days in the stock price. Earnings come out before the open on the...

I am side stepping GOOG for the rest of the week. I will re-visit it after exp. on Friday. Today I entered into a Credit Put Spread that has quite a bit of potential. Plus it expires in 5 days. SHLD... Sears Holding Corp. It is in a nice up trend and the put premium is still holding good...