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With the summer driving season coming to a close and the economy possibly slowing, is anyone looking at shorting or buying puts on US independent refiners? Western Refining seems like it may have some downside potential. I am long the October 55 puts at 5.30. Obviously a hurricane heading...

I got out of the Sept 135 calls today at 5.30, just could not take it anymore, gave back almost all my profits. They must not be selling as many iphones as expected to take $200 off the price? Now they are going to rebate the previous buyers $100? They will probably do well longer term, but...

Cy Group Trading, Benchmarq Trading and Guardian Trading LLC all let unlicensed traders start with a $5k deposit. The first two let you start with 20 to 1 leverage. Guardian lets you start with $3k and 10 to 1. I have not worked with any of those firms, so you will need to investigate...

I am in the Sept 135 calls (APVIG) from 5.00, thinking of selling tomorrow morning, prior to the new product release. Of course knowing my luck they will reveal to the world that they invented a time machine and the stock will shoot to the moon. They seem to have a lot of good news lately, but...

A few years back I traded thru an Assent Office remotely from home. I put up $5000 in capital and had $300k in intraday buying power. The $5k was subject to a one year lockup. However I was trading as a prop trader with a series 7 and 55 license. They are one of the few prop firms registered...

Silk, will you get long any financials that you believe are oversold, because of this prediction?

Made $8050.00 in 23 calls on AAPL (got out too early, before earnings, due to AT&T news), down $9000 in 35 calls of NMX, but still holding that position and hoping for some bounce on Monday and Tuesday going into their earnings and record volume of contracts trading.

I hope that you guys know that the only reason AAPL shot up is because word got out on the street that I had sold my calls. Its a widely acknowledged fact that had I still been in them once earnings came out, the stock would have had bad news and tanked. The lesson here is to fade my trades...

Bailed on my AAPL August 135 calls today...got out at 11.10. I was holding way too many contracts...far more than I was comfortable with. Once they went back up from 8.70 and got to 11.10...I had enough. Still made a nice profit from 7.60. Good luck to everyone else. Since I am no longer...

Supposedly the iphone deal is sweeter than some expected... "People close to the companies tell TheStreet.com that AT&T is paying Apple a bounty of between $150 and $200 per phone -- plus $9 a month per phone over the life of the typical two-year customer contract." Is this information...

I am still long a lot of the August 135 calls. Who is selling on wednesday before earnings and who is holding on thru earnings, expecting them to beat the estimates?

Yes opt789 "volumes" was a mistype, I was thinking volatility...as per my original post... "I understand volatility vaule increasing, but it seems unlikely to create that sort of price change". Your response of... The Vega is .16 so the implied volatility going up about 6 points over the...

Please tell me you understood he meant volatility and you mistyped volume. Otherwise I would refrain from trading options until you understand what you are dealing with. The Vega is .16 so the implied volatility going up about 6 points over the last two days would account for .16*6=.96 points of...

Vols are rising into earnings. Jesus people. LOL. I just did not think that rising volumes would account for that much price difference...that it could have that much more influence than the delta.

I am in the Apple August 135 calls (APVHG's) and today during a major portion of the day they were up a net more than the underlying stock. Example they were showing up 1.10 with prints going off actively on the bid, meanwhile the stock was up 1.00. The delta on the option is listed as .62 and...

I broke down this morning and bought the AAPL August 135 calls at 7.60. I hate buying things up like this, but I am just tired of watching Apple go up day after day lately. Hopefully next week will be decent, ahead of its earnings the following week. I originally thought that it would pull...

Wow NMX!!! Bailed on the NMX 125 calls at 15.00 today, I was sure that it was topped out, then it keeps running...oh well.

Options House is cheaper as they charge only a flat $9.95 per options trade no matter how many options contracts you are doing. So trading 50 contracts would only be $9.95, a significant savings if one does a lot of trading each month. I do not use them as I am required to trade at a...

I already bought the NMX August 125 calls on Friday at 8.80, they ran to 10.80 today, but fell back to 9.20 or so. I was hoping that NMX would get to 135 sometime soon based on the possiblity of them being purchased by ICE.

Will ICE buy NMX since they missed on CBOT? Would that purchase be their next most logical choice or are there better choices for a purchase?