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  1. OTM-Options

    Palo Alto house sells to Google exec Ruth Porat for record $30 million

    And in other news ET member ******** has moved into bigger accommodations after a few successful trades this month. :)
  2. OTM-Options

    Can you believe this?

    The only issue I have with the OP's SPY position is that you only have till 4:00pm to exit (maybe 4:15pm with some brokers), but the holder of the option can decided to exercise if the underlying moves in his favor during AH. As it did in the OP's case. To make matters worse the SPY moved only...
  3. OTM-Options

    Perhaps a better layout to position the Ad on each page

    A PHP script would randomly switch from Google Adsense and the current ads whenever the page is re-loaded. Some Chit Chat threads and the Google Adsense banner ads that would be displayed: EMG Brewery and Pizzeria = Brewery and pizza ads. Do you think GoPros are worth the cost? = Camera ads...
  4. OTM-Options

    Perhaps a better layout to position the Ad on each page

    I have an idea. Use Google Adsense banners ads in the Chit Chat forum. Presently there is no sponsors for Chit Chat. The content of the posts will dictate the ads displayed, and a simple PHP script can be used to randomly switch from Google Adsense to the current ads being displayed now. :)
  5. OTM-Options

    Three words that are over used in todays media

    Viral (is in videos and pictures) Organic Social Media :)
  6. OTM-Options

    How Market Volatility Affects Our Brains

    Market Volatility increases FEAR and GREED. :)
  7. OTM-Options

    Can you believe this?

    Your original intention wasn't to be short SPY. It all boils down to Mondays open. Best case scenario SPY opens down on Monday - below $195.50. You obviously don't want the SPY to gap up on Monday. :)
  8. OTM-Options

    Can you believe this?

    Closed at $195.45. AH $195.62. :)
  9. OTM-Options

    Any firms for US traders that only require 2500 or less capital?

    I would go with TD Ameritrade. No account minimum. No commissions * for 60 days, more info: https://www.tdameritrade.com/specialoffer.page ET Sponsor. * You will need to come up with an extra $500 for the No Commission offer. They require you deposit $3000. :)
  10. OTM-Options

    Who is going home long this weekend?

    I bought 4 GOOGL Sept25 700 calls at $0.25. Order filled at 14:18:05 ET today when GOOGL was trading at $664.26 - GOOGL closed at $660.92. Monday will be a very important day for this trade. :)
  11. OTM-Options

    Is this TA?

    This is a typical TA chart. :)
  12. OTM-Options

    Directional RUT trade thru FOMC meeting

    Do you know what time? All the news reports have omitted the time, but I think it's 2PM EST. IMO ......The market will tank if no change, and sore if rates raised. :)
  13. OTM-Options

    ES mini futures Options liquidity problem far OTM

    You suggested "adjusting" a losing Debit Spread into a short option position by closing the long leg and keeping the short position open. That is a stupid idea. Or avoid naked short option positions. :)
  14. OTM-Options

    ES mini futures Options liquidity problem far OTM

    100% on where you think the underlying will trade at. Then purchase the strike that should give you the most bang for your buck. :)
  15. OTM-Options

    ES mini futures Options liquidity problem far OTM

    PROS N/A CONS The margin required for the short option. The risk of the short option. Small premium. Could be the next ET Margin debt negotiations type of thread. :)
  16. OTM-Options

    Noob question shorting vs buying

    The 150% equity is times 150%. $25,000 x 150% = $37,500 worth of stock you can short. :)
  17. OTM-Options

    What's your view of Home Building Stocks or ETFs? Home prices?

    Could be good ........ Rising interest rates mean the economy is good and the Federal Reserve is trying to slow it down a bit. Rising interest rates also might get the fence sitters into action to buy some real estate or do some renovations - before the next rate hike. :)
  18. OTM-Options

    A couple of worthy/funny ET reviews

    You have got to lighten up and don't take those reviews seriously. I find the ET reviews on that site are humorous so I thought I would post a link and feature two reviews - especially the one from "BaronRobertson". Yelp is the same thing, the poor reviews have to be taken with a grain of salt...
  19. OTM-Options

    What's your view of Home Building Stocks or ETFs? Home prices?

    I would think Home Depot (HD) is the barometer for the home building industry. Their at an all time high - go with the trend. :)
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