Just caught that. I forgot to change the volitility to 25% from 42%.
With 179 days it is now $2.01
The end numbers still came out the same for 30 days left and at exp.
I see. Great idea.
If you need an option calculator to plan out different scenerios, there is a FREE on I downloaded last year.
Just google "www.optionsedge.com".
Using my Option Calculator here are the results of this "trade"...
60 Call with 179 days to exp @ $55 stock price.
Actual value would be $4.57 per option.
At only 30 days left and $75 stock price.
Actual option value is now $15.10
That should be a profit of $10.53 per contract.
At...
This is NOT trading. this is more or less just a "Gambling Habit".
Sounds like you are not looking to gain anything, but just need the action of the trades.
Get more relaxed and SLOW down your trading. Over-trading will do nothing but lose in the long run. You need to be able to get 1 or 2...
Here is the FREE stuff they offer at MRCI.
http://www.mrci.com/ohlc/
I've used it to go back and build spread charts with the EOD Data... took a while.
Don't look for this to happen in Gaum, where Pelosi's husband has considerable investments. She blocked it the last time for that area, so not to affect her own pocket.
He'll be pardoned at the end of Obama's term.......
Why not...? Holder pushed hard for the Mark Rich pardon that Clinton gave out in his last days.
Wonder how much went to the politicians pockets over the years?
Another Day....
Another Fib extention setup...(entry and exit)
Another profit...
It's just a tool...like stochlastics, RSI, MACD..but it is predictable on where it will be going to.
Enough said on this...
Fibs are only a TOOL!.
Use what works. It may be "Self Fullfilling", but if it gives you a target to enter and exit (like I use it for) and I can make any profit, why rock the boat?
Here is a simple version of how the spreads work in Grains..(from Bright Futures.com)
A spread is the simultaneous purchase and sale of the same or similar commodity in the same or different contract months. Spread trading is usually considered to be a lower risk strategy than an outright long...
Would hope I would.. Another 2 trades today for $350 total.
I do have my own simple rules on when to trade and when to NOT trade. (yes. There may not be a trade on some days).
I have to be comfortable with the trade entry and where I am going to exit, BEFORE I execute it.
I have owned 2.
Bought a NEW 92 SL2 (second year for company),
and Leased 2006 VUE.
Only complaint was that parts were hard to find for the first one.
Had to go to the dealer instead of Autozone.
Pricing and Dealer service was always great.
I have an account with Optionsxpress.
They provide Real Time Future charts if you have an account.
Their "Flex Charts" are real time streaming on all stocks, options, and futures.
Just use it for an entry.
I would sugguest to exit using the Fib Extentions (161.8 or 261.8)
using your Entry point / Stoploss level as the 0% and 100% points. Exit when the Ext. are hit.