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No I don't, but rather making the observation that more competition would have the potential to push prices up. Regards Johno

Basically I think the opposite is true on all pretty well all counts. Also overall market volitility, as well as supply and demand dictates the price of options and a bear move will tend to increase the cost of the options whilst a bull move will normally reduce the cost of the options, these...

For myself, when I talk about long I'm refering to being a buyer as opposed to being a seller and Debit Spreads as opposed to Credit Spreads. Long or Short the market outright or with spreads. As a Skiff sailor I appreciate your analogy and it's not much fun blowing out your spinnaker so it...

A couple of points regarding selling - Writing options for a living, from first hand experience, one of the hardest ways to make a living I can think of! I also have friends who have spent decades as full time options writers, we catch up for a coffee / beer often, always the machine gun...

I'm not in the arena to compete, just to win! I actually prefer the percentages as they are, as less competition best suits my purposes! Perhaps this logic also explains the apparent absence of options buyers on this and other forums Regards Johno

Beans do it for me, on the up side I never get crowded out when I go for a coffee, but unfortunately not so popular in church these days! Regards Johno

Yes and the vast majority of traders lose, go figure! Also, not too many non or non- traditional Chartists and/or TA exponents here. As in life, people, generation after generation, keep making the same mistakes and falling for the same illusions, as they do in trading. Personally I prefer to...

As with most things the risk is in how you do something. Long options approached the right way can in fact be a low risk high return method! Generally I wouldn't go near the usual short options strategies as the RR is poor more often than not. Unless you intend to be average(not make much/...

I was following up on something interesting, you would be surprised at what little jems are buried in the most unexpected places! Regards Johno

You're having a lend aren't you? You cheeky boy! Regards Johno

Surely you don't actually believe that someone so dogmatic is on the level or could be a successful investor/speculator? Regards Johno

"Further, Price and Volume are simply end products of the trading process and are not required (actually get in the road) to understand market behavior." What I'm talking about is cause and effect! Price change is the effect not the cause of market movement! TA assumes that one effect can...

Standard TA - In this definition lurks the error in this approach. Everybody has their own definition of what TA is, in the same sense as every woman has her own version of what feminism entails. Consequently, we find people trying to use chaos to create order out of chaos. On both counts I ask...

Hi Chris, You're not far of the mark. Just because someone is a discretionary trader, it does not follow that they will lack a strategy, or discipline. On the contrary, it actually takes more discipline and better strategies to survive in the markets' dynamic and potentially...

By what mechanism does this push the VIX down? Regards Johno

Perhaps Randy33 is suggesting that the VIX should be viewed with the broader picture in mind. It can reflect bullishness or bearishness at any level as these conditions are generally relative! For my evidence simply pull up the VIX and S&P and compare! Regards Johno

I'm not an American but from what I've observed over the years your comments have a general ring of truth! Regards Johno

Sorry to hear this, but remember good friends make up for a lot of lifes' shortcomings! My youngest son is in Afganistan at the moment, ADF infantry, people such as your friend who lay it on the line deserve our utmost respect. RIP Regards Johno

And the skew reflects fear! Regards Johno

Hi Best, Instead of seeing one approach as "the one", true strategy is positioning yourself to be able to choose various moves as circumstances change. Strategic thinking (discretionary) as opposed to formulaic thinking ( systems). Over the years I have evolved from systems to...