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    SPX Credit Spread Trader

    Well things seem nicely settled today so far - even with some outstanding new earnings reports the market is going sideways. Most of the put sellers should have unwound their positions yesterday to free up residual margin. So I think most of the end of the expiration period buying pressure has...
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    SPX Credit Spread Trader

    Mark - I really don't think anyone here wants to see another round of the back-and-forth banter. PM me if you feel you really need to vent. I was commenting on a critique from over a year ago that was not as bad as this last one but far from glowing. BTW - not to burst your bubble but if you...
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    SPX Credit Spread Trader

    Mark, get some help or counseling dude. You are a classic narcissistic paranoid-delusional bipolar Type A judgemental schizophrenic. FYI - I haven't written a book review on Amazon in over 2 years. What you are reading is what I tried to bring to your attention a few days ago. I had nothing...
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    SPX Credit Spread Trader

    This rapid SPX upswing is a great emotional lesson that impresses the exponential nature of the gamma curve we pick up in credit spreads. This morning with SPX at around 1445 I could have closed out my winning SPX FEB CALL 1470/1480 spreads for a debit of .05 per contract. Now, with SPX...
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    SPX Credit Spread Trader

    Hey, not sure who you are talking about piccon. All I was trying to do is post my real results for FEB RUT as a data point for others to have. There was nothing more & nothing less implied by that. I only started trading RUT 1 month ago. RUT is just a side trade for me. My largest positions are...
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    SPX Credit Spread Trader

    To Dad, Well that's what we kids do; so what do you expect from a bastard kid anyway? You should just be happy I didn't sell you a much larger short position and tie up all of your residual margin through another options expiration weekend again... :D Anyways, have a heart. I didn't' take...
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    SPX Credit Spread Trader

    Nice SPX/RUT pop up today on good FED and econ reports. Taking this as an opportunity to profit take on my RUT credit spread rather than risk volatility through expiration. 50x IOW ISHARES Russel PUT FEB 80/78 Initial Net Credit: .43 Exit Debit: .13 Net Profit...
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    SPX Credit Spread Trader

    TS
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    RealEstate - THIS WILL BLOW YOUR MIND

    dupe deleted
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    RealEstate - THIS WILL BLOW YOUR MIND

    Pricing will often follow a fairly normal distribution with outlier prices both at the extremes of high and low. I would not get too excited by a few isolated prices since it could be all explainable by a number of things: 1) The home had some defect (cracked foundation due to earth quake etc.)...
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    SPX Credit Spread Trader

    agreed... TS
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    SPX Credit Spread Trader

    I hear ya - I got a moderate put spread on RUT that came close to being perforated here. I am going to rely on the strong technical support [ed] at 800. If I had more uncommitted cash I'd be buying up the store right now since this looks like another knee jerk reaction to the scaredy cats...
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    SPX Credit Spread Trader

    You call it gloating I call it having fun & sharing in the joy with another trader; and that is my prerogative not yours. So, Mark, when are you ever going to learn that no one here appointed you Custos Morum? I know you want to feel relevant and important but this is not your forum. We...
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    SPX Credit Spread Trader

    Indeed - congrats. I am looking very good also with mine. My front month positions for Feb expire next week and the only serious threat I have had this month remains to the still bullishly strong upside pressure. The bull has been my nemesis and only serious loss this year in Oct's wild run. I...
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    SPX Credit Spread Trader

    I put on a a simple plain-vanilla spread on RUT 2 days ago with only two weeks to Feb exp. Position: IWM FEB PUT 80/78 credit spread at net credit of $0.45 per contract. Trend appears bullish with good technicals and support at 80. High Put/Call ratio should unwind soon and buoy it up even...
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    What is up with ethanol

    Volume has tripled its 10 day average. Someone is taking larger interests - probably the underwriters so they can start to influence the company. Check out the news on the company - they are restructuring debt and got a court order to circumvent shareholders to issue new stock class. All signs...
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    the best definition of trading edge on entire ET

    Well, gee whiz, some people here apparently lack the simple capacity to comprehend the concept and joy of foreplay. What good is beating the market if its "easy" and any ol' jack off could do it? Sorry, I am being insensitive again. I do tend to forget that some here are still trying to...
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    the best definition of trading edge on entire ET

    I like your conceptual visualization. I never previously looked at the market as a complex inter-relation of collective haggling that could be expressed and perceived as vibrations of sound, rhythms, percussion, tempo and orchestrated structure. But it works since the market's whims & moody...
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    RealEstate - THIS WILL BLOW YOUR MIND

    Obviously these people need to live somewhere. My prediction - in these kinds of areas the rental market is going to soar. As always there there will be a premium to pay for being "poor". If the gov forces changes standards for loan qualifications in a way that makes it harder for subprime...
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    RealEstate - THIS WILL BLOW YOUR MIND

    I am convinced now that early reporting of unratified economic data is biased to the weak side. In fact it seems to be a matter of policy in some rogue quarters of government (perhaps indicative of political betrayal against the administration, or for you conspiracy theorists economic...
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