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  1. marc82much

    Why I think we drop again on Monday or Tuesday....

    Just so you know, the "Succession Amendment" (25th Amendment), which is what you are basing your Nancy Pelosi comment on, is likely unconstitutional. The Constitution clearly says the line of succession will come from "OFFICERS" (like VP, Secretary Of State, etc.) and members of Congress are not...
  2. marc82much

    How to select a protective put....

    That's true, and that is how I got the two hundred shares. I wrote a Bull Put Spread, got $2.00, it went in the money and I did not buy it back. Just took the assignment. That was last week. Then yesterday, I wrote 2 calls at $157.50 (my original short put) and received $5.75. If it gets called...
  3. marc82much

    How to select a protective put....

    I am long 200 shares of URI with a cost of $155.91. I sold two 21 August Covered Calls at $157.50 strike. If it is called away, I will be up $7.34 for each share. Question is: If I want to take some of the call premium I received, and buy a protective put, what would be the best way to go about...
  4. marc82much

    I think I made an error in an order

    Yep, used three yesterday.
  5. marc82much

    I think I made an error in an order

    Of course, thanks.
  6. marc82much

    I think I made an error in an order

    Due to some poor decisions on my part yesterday, I am now on notice that I may be a PDT. Now today, I was attempting to enter a Bull Call Spread in ADM. Stock is at $39.75 and I BTO 40 Call and STO 41 Call (17 JULY - 15 days out). Did I get this backward? Pretty sure I did. Can't buy my way out...
  7. marc82much

    Double checking on the Iron Condor numbers I see....

    Drat. I thought I would put in a 20 contract order then relax on EZ Street.
  8. marc82much

    Double checking on the Iron Condor numbers I see....

    Ah! Thanks. That makes sense. I will have to remember that when I play around with ideas on the weekend. The CR shown is midway between the BID and ASK, so I am guessing if I put this order in, there is a poor chance of getting it filled. Would that be your take, as well?
  9. marc82much

    Double checking on the Iron Condor numbers I see....

    Ok, so I am noodling out some ideas in TOS. I came up with this IC trade.... When I click CONFIRM AND SEND, I see this... It is telling me my max loss is $25 and the max profit is $475.00. Is this correct? Is there something I am missing? If this is really possible, does it not look like a...
  10. marc82much

    Looking for an indicator....

    Oh, OK. Thanks. Easy when you know how. I had it on my GOOG chart and it show an ATR of 3.3 which makes no sense. Then I realized it was a 5m chart, and maybe I should change it to 1 day / 1 year (TOS) and lo and behold the ATR shows 37.0923. That seems more like it. So, if I put it on a 5m...
  11. marc82much

    Looking for an indicator....

    Is there an indicator that shows the average daily movement of a stock over a period of time, say 14 days. For example. How many points per day did stock X move (on average) over the last 14 days?
  12. marc82much

    Judge orders arrest of former US senator involved in "Meta 1 Coin" scam

    I think there is a big difference between the headline "...former US senator..." and the article which identifies him as a "...former...state Senator..."
  13. marc82much

    Inside Armslist, a peer-to-peer market for gun sales

    Hmmm....what about Switzerland?
  14. marc82much

    A message to some day traders.

    You get free drinks in a casino.:thumbsup:
  15. marc82much

    Finding the best Strategy; Condors, Lizards, Butterflies

    Google Lee Finberg and see how he does it. His website is SaferTrader.com
  16. marc82much

    Another gap down. Thanks Trump.

    RE: Market moving on news.... I remember a cartoon, long ago, showing a news anchor sitting at his desk broadcasting the days news. Wild stock market chart on the screen behind him.... "The DOW fell 3,000 points in early trading on news there is a huge meteorite on track to impact earth. The...
  17. marc82much

    TOS option chain question.....

    Thanks, yes, I learned that the easy way, thankfully. I used to be a retail broker (MLPF&S San Diego, Portland and Dean Witter La Jolla) so I remember some stuff. This mistake was just a simple data entry. I got out this morning, up a nickel. So, with commissions and fees, down a little. Not...
  18. marc82much

    TOS option chain question.....

    Thanks. I made a mistake last week and entered an order incorrectly, which was immediately filled. Base on closing bid/ask, I may be able to get out today at breakeven or so. Since I have a couple of positions open (TSLA, NTES and the mistake SPX), I am going to take this week off and make sure...
  19. marc82much

    TOS option chain question.....

    Thanks for the help. Appreciate it. And, the free advice was stellar. Except, did I say anything about getting anything for free? If so, I did not mean to.
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