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Here is my next trade to work on between now and the NOV expirations. (14 days) NDX Iron Condor. (currently @ 1704) Sell -10 NDX NOV 2006 1765 Call (.NDYKM) $2.85 ($2,850.00) Buy 10 NDX NOV 2006 1775 Call (.NDYKF) $1.83 $1,830.00 Sell -10 NDX NOV 2006 1625 Put (.NDVWC) $2.00 ($2,000.00)...

Here is just another observation. The past 6 months NFLD hs been in a somewhat of a wave pattern. (see attached). The Low back in Mid June was the starting point that I used. My Wave spreadsheet was pretty close on predicting the supports and resistance point. Today it is right about where...

The chart is looking "Tired" and due for a breather. Would not be supprised if it is done for the year, or at least a pullback to the 1330 range. My 2 cent....

Fifteen Reasons Why I like NFLD... 1. The company has a product that meets a critical unmet medical need. 2. The company has a product with a worldwide potential sales of over $4B. 3. The company has patents on the "Holy Grail of Medicine". 4. The company has just successfully...

Guess I had a bad choice in words there. I have done a few of these in the past and rode them for up to 4 consecutive months as the longest. Using the LEAP as a surrogate for the stock as in a covered call scenerio. You get a LEAP far out and deep enough it will track almost the same as the...

Thanks.. I was looking at the price range on the 2 yr chart and it falls right into a rolling pattern that looks like it could be a steady money maker selling calls each month against a Jan 08 LEAP. The 7.50 LEAP prices are about the same as the underlying stock. Implied Vol. 75.7392...

Was searching thru my stock screener and this came up. Looks pretty promising. Only real drawback would be it is a low volume trader, but there is a lot of open interest in the options. This has been listed as a STRONG BUY for the past 3 months. Would be a candidate for a LEAP Covered call...

Well the SPX is taking some profits out and is going my way, as the indicators suggested. I went ahead and bought back the 1385 calls for .25. Why wait another day for it to possibly shoot back up and take back the profits. Here is where I stand.... Previous balance was $15,540.13. Add...

Get a lawyer with you $700.

Today I entered into the "Weekly" SPX Credit Spread. I know I am about to get "Flamed" for doing this but it looks like it should work out , considering it will be only a 3 1/2 days trade. The chart have been in a down trend since the High made on friday (1389.45). The Parabolic SAR has...

Guess it is a HARD lesson on trading shorts... You play with fire, you will eventually get burned. Low Volume will alway get you also.

I think I could live with this kind of return.. "IF" you invested $1000 the first year and compounded the returns each year you would have $4,543,400 now.

He did it again... Wish I had the Margin to short a couple thousand shares...

Best advise...DON'T DO IT. NEVER involve money/ business with relatives.

Another 2 cent here... I also would not be able to generate the monthly income that I have set for myself, without using options. Leverage is the primary reason most people trade them. Less up front capital is needed. I like to set up an amount I would like to earn each month, and with...

You take what the market gives you, and be happy the market did not take from you... 2.60 credit... how many contracts? If you can't afford to buy the actual stock, as in GOOG, which most people can not, this is the way to do it. You came out ahead. Dont look back and "What if I..." Time to...

Got out of the 460 call this morning. Waited for the 10 am dip (EST) and submitted my order. Got filled on the BTC 460c @ .70 x 5 contracts. OK... Here is the totals for the month. SPX totals were a net loss of $69.92 after all the trades (actually too many). GOOG trades net total was...

OUCH! GOOG is up 8.35% (457.00) after announcement.

It may be a gamble, but I am going to revise my previous statement. I am going to hold on to the 460 call thru the earnings report, and let it go to expiration tomorrow... E-Bay reported theirs and it went up about 6%. GOOGLE's last earning made the stock climb 4.47% after the announcement...

Here is a good example of the rolling pattern I look for.