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    My OPTION TRADES..... part 2

    I'm not piling on, either. I enjoy reading about your trades and your research process. Stuff happens as the phrase goes, and we've all had trades quickly go down the toilet. So based on what you know today, what's next? - cut your losses and get out completely? - ride it out with an...
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    any option sellers

    Re the comments/questions about Cordier: On the Big Mike forum, look up Ron99 and a long thread about selling options. He said he was a Cordier client for a couple of years and did very well, but recently quit. In the 'flat' years, Cordier's clients still lost 20%+ according to him because of...
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    My OPTION TRADES..... part 2

    PM, Thanks, that makes sense. I'm trying to find some companies that might work for long term put sales - six months to LEAP-length and those managed care names were on a yet-to-be-researched watch list. At this point the only thing I know about them is that a few have only govt-funded...
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    My OPTION TRADES..... part 2

    INSULIN: NVO (near pure play), SNY, LLY INSULIN PUMPS: PODD (pure play), JNJ, MDT DIALYSIS MACHINES: BAX, NXTM (pure play), FMS, Gambro (Sweden/pvt equity; getting bought by BAX), Nipro (Japan) DIALYSIS CENTERS: DVA, FMS DIABETES MGMT PRODUCTS (glucose meters & monitors, test strips...
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    My OPTION TRADES..... part 2

    Put Master - This is related to stock selection, rather than options selection and execution. Other than being very near its 52 week low and holding so far, what did you like about Wellcare as opposed to Centene or Molina? I believe all three are considered small-mid cap with 100% govt-funded...
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    Welfare question

    Mav88 - I believe 80% of the "farm bill" is for food stamps, school lunches and even lunches in the summer when school is out. Have you added these dollars to your welfare calculation above? Same question about all the HUD/section 8 billions.
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    Interactive Brokers Portfolio Margin

    As noted above, some of your preferreds might not be marginable at all. I had a handful of preferreds in an IB account and most of them were marginable but I remember one - WLFCP/Willis Lease Finance Corp; recently called - was not. If some of your preferreds are issued by small companies and...
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    What would you do in this situation?

    You don't say whether the loophole you're exploiting is due to the professor's poorly constructed rules or a bug in the 3rd party software, but if it feels like cheating, and/or you don't think this type of edge is available in the real world, then I'd come clean. Benefits: 1. Maybe you'll...
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    wireless internet

    Another anecdote/data point: I use wireless internet in my home office plus a wireless keyboard and mouse. I trade for a living (but not scalping/day trading) and the set-up seems to work fine. In most cases, as I'm releasing the left mouse button, I see my limit order show up in the NBBO or...
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    $20 per gallon gas in NY

    It'll be interesting to see if these ads are still around after the weekend. I've been following the 'slice of life' stories in the papers and one guy drove 60 miles one-way to PA, filled up his vehicle and two 5-gal gas cans, picked up some other supplies at well-stocked and undamaged stores...
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    Hurricane Sandy and Crude Oil

    OptionBull, Yes, the definitions are important. Unfortunately, the EIA sometimes leads the pack by putting media-friendly charts on their home page, those get put in the paper, and all of a sudden, we're producing 10 mil bbls/day of 'crude' and headed for energy independence. I'm not surprised...
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    Hurricane Sandy and Crude Oil

    Bone - The US has a long way to go to surpass Saudi Arabia and Russia in crude oil production if by crude we're referring to something that can be refined into a high-energy liquid transport fuel (its highest value use). I know there are lots of stories about the US currently producing 10 or 11...
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    Making money from Hurricane Sandy

    As Katrina approached, I had a brilliant idea about how to make money from the storm, so I bought shares in Clorox (CLX). Visions of trainloads of bleach chugging toward New Orleans filled my mind. Didn't turn out that way; I think many of the houses were left to rot and then were torn down...
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    Thomas Peterffy - INTERACTIVE BROKERS

    OldTime - My comment may have needed some context. I know it's wishful thinking, but if we cannot get the mega money out of politics then I would prefer to hear from Mr. or Mrs. Moneybags directly rather than from the thicket of pressure groups, PACs, Super-PACS, 527s and so on. Frankly, both...
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    Thomas Peterffy - INTERACTIVE BROKERS

    I wish we had more videos and TV advertisements like the one linked above. I'd much rather watch a really rich guy say something to the effect of... "This is my story, this is what I think about where the country is headed, and this is why I'm voting for candidate/party X in November"...
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    My OPTION TRADES..... part 2

    Put Master, I take a glance at this thread every week or so and on at least two occasions we've made a very similar trade, either on the same day or within a day of each other. Note: I'm not copying you; I invest/trade in a number of energy & agricultural commodities and companies and sometimes...
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    Setting Up A Business Entity For My One-Man Operation

    OldTime - There are two options for data transfer. 1. Log into your broker and download the transactions into a .csv file then import the .csv files into TradeLog. 2. Allow TradeLog to log into your broker's account and grab the data it needs. In the case of IB, you'll need user ID...
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    Setting Up A Business Entity For My One-Man Operation

    You might check the Green & Company website. There is a lot of free information (documents, videos). If nothing else, the information should help you form specific questions you'd like answered during a free (but brief) consultation with Green or other professional services firms. Note: I'm...
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    Does anyone get "Futures Magazine"

    It's alright but they don't have as much original reporting as they used to. Still, it's helpful for keeping abreast of what's going on in the industry and I'd recommend buying the print edition if you don't want to spend even more time in front of a computer. If you don't mind reading online, I...
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    Please recommend analysis software

    Speaking of bad names, you can wake up, make yourself a smoothie in your Ninja blender, watch some Teenage Mutant Ninja Turtles cartoons and then trade your way to prosperity with Ninja charts.
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