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Take note of my chart I posted on May 07, 2011: http://www.elitetrader.com/vb/showthread.php?s=&postid=3177941#post3177941 SLV will hit the $18.00 range within 4 - 6 weeks, then slowly work it's way up to $30.00 by December 2011. Would anyone like to guess were I got the green portion...

That's why I have black swan in italics or quote marks around it. To indicate it's not really a black swan.

"Black Swan" can be positive also. This is how I would handle it: Make a short list of stocks with weekly options. GOOG, QQQ, AAPL should be on the list. Buy Calls or Puts , 1 or 2 strikes OTM. Purchase on Monday or Tuesday - Expire Friday. Close when 100%+ has been reached, hopefully...

Great in a sideways market ..... No good in the real world. http://finance.yahoo.com/q/bc?s=SPY+Basic+Chart&t=1y

Google should add video calls to gmail. They already offer phone calls through gmail, and it should be easy to add the video part. My guess is that within a year Google launches such a service.

What do you mean? Post an example.

In your case the best way to trade options and avoid the PDT rules is to open just before market closes and close shortly after the market opens - go for the over night gaps. :) :)

Can you explain the June calls, instead of the May calls for such a short term position? The OP can't even explain it.

My analysis of the trade is that the OP didn't have confidence in his setup. Two big red flags: Choosing June options instead of May options for a short term trade. Bailing out within 15 minutes of position being green for the 1st time. Nothing to learn from this trade. :confused:

My guess is that he sold at about $3.00 based on the timestamp - 09:43 AM - of his post stating the position has been closed http://www.elitetrader.com/vb/showthread.php?s=&postid=3178954#post3178954 Buy @ $2.25 Sell @ $3.00 % return = 35% Commissions not included. I believe he was all...

Why June calls instead of May calls for a trade that is to last a few days? May 36.00 calls up 80%, June 36.00 up only 50% from Fridays close. That is a significant amount of lost profit for no apparent reason. :confused: Looking forward to your reply.

How about this TROLL thread. http://www.elitetrader.com/vb/showthread.php?threadid=220233

Any you - YuforaCapital- need more practice with reading comprehension.

I believe SLV will continue down and then slowly up till the end of 2011. SLV will hit a low of about 18 dollars in about 1 month, back to about $30.00 in December. See chart below.

One thing I notice is that the President isn't sitting in the "dominant" location in the situation room, the big chair at the end of the table.

FYI: I recommend setting up paper trades in My Yahoo using data from Yahoo Finance, you can setup a number of portfolios to watch. I watch my real trades in My Yahoo so that I don't have to login to my trading account and it tracks the real trade almost to the penny.

Shagi ..... Why didn't you comment on this May 29th thread if you knew silver was going to crash? Those $0.25 puts are now $37.00. http://www.elitetrader.com/vb/showthread.php?threadid=219693 Instead you come out of the woodwork after the big move and rationalize it in hindsight, as if...

I consider this silver move as a Black Swan Event. "An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict. Black swan events are typically random and unexpected. In addition, people look back on the event and...

UPDATE: Closed for a small profit of $12.45 :)

I would consider this drop a black swan event, amazing how much AGQ dropped - $360 to $180 in one week. Those $0.25 May puts are now at $37.00. Black Swan Event: "An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to...