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SERV - ServiceMaster I traded this back in November 11. Shares too expensive so I bought the DEC 35 calls @ 1.15. I was early as always but I knew I was close to the bottom. Cashed out a few weeks later @ $4.77. Now remember one chart tells a story while another might confirm your bias even...

Thanks for the reply! Lets get this going :) Yes I agree, most of the time the big volume days are binary/earnings events. Its expected. The reason I point it out is because wherever there is volume at a certain price level, usually price will hit an extreme (high/low) then revert back to this...

True but they are structurally different. Trading i'm looking to profit off short term price action and or volatility movement. Investments I'm looking for a longer term residual type income and earn a low standard deviation moderate risk/return instrument that I can make more than the...

Looking at option contracts... they die one day. And the structure of the contract makes time of the essence and loses theta daily (and becomes non-linear closer to exp). So my question is, is it possible, do any of you trade options in a longer-term timeframe? I'm talking more than 45DTE and...

Hurts my head man.. Just go long a few contracts of the spooz and call it a day lol

This is a dangerous game my friends, we are catching bottoms here. Only a small amount of talented fuckers can catch bottoms in bivariate regressions. Each stock is speaking to you, read what its telling you and position yourself correctly.

RMBL weekly chart looks tempting. As you can see this is a relatively new issue and just has enough data to plot the PPO/ADX.. Also I want you to notice, if you choose to use RSI which is one of the better indicators if you use any. Of course you'd want to see RSI negative which represents...

This is crucial. The amount of cash I've left on the table makes me want to puke. So instead of completely liquidating I'll leave a certain # of shares/contracts on and let em run until price corrects.

So pink arrows indicate going short and blue arrows long? Do these arrows appear in real-time?

Optioncoach has IMO the greatest thread on close-end funds in the journals section. Go read that asap, his knowledge of CEF's made me look into them and eventually as I grow older I definitely want a portion of my cash in them. Hey @El OchoCinco can we get your 2020 views on close-ended funds...

I want to get discussions going on the importance of price and volume.. and volatility. I need you guys to jump in and give your views on this subject and how it applies to your trading. For me volume is a great indicator... NOT of a directional indicator.. but an indicator telling me where...

I am a firm believer in diagonal price trends. Look at any chart, its most likely oscillating around some central tendency (mean/median) price while exhibiting price extremes on the top and bottom. Price can be sideways, or trending in an upward/downward fashion and its always the same song...

$RMBL The more vicious the down moves are (velocity) usually the tighter the pinch will form. I bought some shares EOD (small) @ .82

Evil is only bad to the observer.. usually for pussy-cats lol But seriously man, whats your beef with God? Any rational human knows they can't possibly conceive of the concept of "God", some omnipotent entity chilling in the abyss of the infinitude. No human can even think deeply enough of some...

$CRR looks like its starting to pinch. It popped up .12 cents on relatively high volume. As well as $EXTN, very similar price action with $CRR $SMLP too... I'm not in any of these, i'm looking for tighter pinches.

$GLOP currently pinching. I'm not in this one. I bought some more shares in $RAIL today. Small position.

You say it contributed to zero bucks but maybe you made a few bucks from it subconsciously lol

If I could reiterate, I'd say the true options bible is the book by Cox/Rubenstein titled "Option Markets" Hopefully your professor doensn't laugh at me now *sheds a tear*

Exactly my man! That huge volume influx is another great indicator of a reversal and CMRX played like a champ. One of my better trades for sure. My goal is to trade these plays by holding until I see a reason to get out. In the past I would ride the pop up for a for ticks and get out for a few...

$CMRX - Chimerix I've been long shares @ avg 1.38 since the initial pinch October 30th. I sold the majority of shares at my target of 1.93 (where the Volume Value Area is). Over the years I've learned to keep a portion of shares still on if I don't see any reason/weakness in price action. I...