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    Pennies from heaven

    i think I learnt this long time back.. if u r trying to bet on the next penny. , its no different from the red back wheel i@ roulette vegas. atleast while doing that the drinks are free!
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    US Markets overbought

    and then to add.. once you are taken out.. then ES will plummet . and you will wish you could have kept a higher STOP.. and rinse /wash/repeat... this cycle goes on and on till the end of mankind!
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    Taking 410K to 4million by Year End 2010

    when dees neke post his trades. ? end of week.. curious to see how he has fared in this roller coaster .week but isnt it the same thing week after week.. the mkt seems to be going no where. dubai ,,GREECE.. Euro.. deficit.. unemployement... recovery... etc etc.. same thing. churned...
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    Obama confusion good for options

    that means.. STALEMATE... far OTM options will expire worthless. but will u bet your house on it i think safe to stay with INDEXes and not individual stocks.
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    martingale strategy in options ?

    SITUATION YOU SELL DLTR options march expiration.. the 55 moved from 30 to 70 cents.. u found it reasonable.. u sold 1. now the damn thing is up to 2.05. u r furious paper loss 140$ u know this will go down... u can close this and sell 5 calls of 60 for 30 cents.. and recover ur...
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    Expiration week trades, let's hear 'em

    ha ha something strange happened.. the 500 BIDU calls did go down to the wire.. I was short the calls. they were 5 -10 cents all day..then at close BIDU surged.. and closed at 500.15.. in AH it was 1.50 up.. but funny thnig was , I was not called.. I guess as much as I was scared, the folks who...
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    If you MUST make money, then you won't make any money?

    yup.. what the OP post is. makes sense.. the biggest fall of trading is.. we figure out how much we need to sustain our life style and then try to demand that from trading while it is VICE VERSA,, we have to take what the current setup of our strategy(hope fully we have one!) GIVES us at...
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    how do you quickly find CORRELATION

    thats fine .. all I need is a broad ratio.. I dont do technical. quant programming trading. i do simple FUNDAMENTAL.. small trades. 6-8 days expiry.. sell calls /puts.. and spread it out like crazy.. i follow anthony Gallea principles. keep it simple... use your one trick pony. make...
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    how do you quickly find CORRELATION

    WOW ... THANKS A LOT.. this is AWESOME... will tell me.. ha ha.. when I have 2 equities.. if I am going on a roller coaster ride. or NOT... HA HA..
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    how do you quickly find CORRELATION

    say for example you hold USO and u are also long RIG we know RIG is long OIL also.. so they are correlated... and if I have 20-30 different ones and now want to add some which are negitively correlated.. be it any which is being actively traded.. I hope I am able to express my dilemma...
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    closing short calls/puts @ 5cents

    BUT i am comfortable eating the marrow.. as many times.. getting greedy and trying to get a PIECE of chicken turns me into the BAIT the hunter get HUNTED.. ha ha
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    Expiration week trades, let's hear 'em

    sorry.. i forgot to mention.. that I SELL CALLS.. hence my intention is that THEY EXPIRE WORTHLESS.. i did not miss the boat.. but want to profit from the SINKING( worthless expiring options) ha ha ha
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    closing short calls/puts @ 5cents

    Suppose you have a bunch of short calls/puts.. which seem to be headed for expiring worthless. I have heard tons of wisdom posts telling never to keep them open and as far as possible close them out , because you never know which one of them will turn against you. I do agree with that...
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    Expiration week trades, let's hear 'em

    PCLN 240 calls BIDU 500 calls both may go down to the WIRE...fetching u 1.30. range.. shud be free money
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    Taking 410K to 4million by Year End 2010

    yup.. am curious for this week's results... like the unemployment number, we also want to see this guys acct number.. this week. was .. the week where BEARS triumphed.. this time it was REALLY different...
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    The 10,000 hour rule.

    dont push yourself over the cliff.. dont use the phrase" but this time its different." ha ha the market keeps humbling 10 year trading strategies in a whiff.! be humble. agile.. learn. learn... take what the current day/ setup gives u.... See it this way.... 10 years is like a...
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    Has Anyone Traded From a Palm Pre / Pixi?

    I have a palm treo 755p with sprint. vision plan I have traded with my thinkorswim account.. u login and u can see all your positions. I do options and have occasionally done actual trades. it is pretty quick. . got my filled orders confirmed back to me . .instantly..
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    Firms that allow naked options selling

    plain simple,, dont expect any leverage in an IRA spreads , u can do all that you want, as you have the risk defined . back to the OP.s question, i;ll tell you something which I encountered in 2008 .before the crash, tradeking and others had a 100K limit to allow naked Call...
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    Firms that allow naked options selling

    huh.. i do sell naked puts in my tradeking IRA.. but it sucks. I sold MONSANTO 80 put.. I got 102$.. it blocked 8000 for 2 weeks basically it is a covered put.. they block the entire money. i tried to sell a put on GOOG. 560.. he he. it was asking 56000. not a penny less in my IB...
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    Free Money Idea

    see PEPSI PEP 40 strike put Jan 2011 for 50-60 cents how can u quickly find out how much money will be blocked by your account assuming u have NAKED put writing capability ? can u tell without loging to ur or any acct ?
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