Search results

With this market I don't think it matters what the jobs numbers are going to be Friday, the market will keep moving higher. I picked a bad month to put on bearish positions didn't I?

OIH = OUCH :(

You got me thinking about closing my Oct 120/125 OIH put spread. I'm going to hold on to this one. I like the support it keeps getting when it drops under 125. Hopefully get a little rally going soon if OPEC decides to cut output. If they do I might close on that rally but we will see what...

I say we break and hold the Dow record tomorrow. All the talking heads are blathering about it, it is the end of the quarter so fund manager will finish buying up the hot stocks of the quarter so that should push above the record and hold. Now next week I'm would love to see a selloff of some...

Quick update using mids before the market opens today (please stay down today :)): Oct 1285p/Nov 1265p +.30 Oct 1325p/Nov 1300p +1.3 (half size position) Oct 1375c/Nov 1400c -.25 Late yesterday I added a "tent pole" of Oct 1365/Dec 1400 (half size) for a credit. With slippage I'm...

I was commenting on his positions, sorry for the confusion. I will update my diagonal positions later this morning when I have a little more time.

With time winding down on Oct options and the market going up on just about any news I'm not sure there are many good call spreads left out there right now. You may want to take your loss now and sit on the sidelines until you are ready for Nov positions or roll into Nov now. I keep waiting...

1350/1360 current mid $3.85 :eek: 1250/1260 current mid $.425 The market is heading right into my sag in my diagonals. A nice sharp pull back would help both of us :).

1400 by Oct expiration if not sooner at this rate!

Upper right hand corner click on Your Account. On the next screen click on Edit Options. Scroll down and change Default Posts per Thread by using the pull down box.

This market is going to the moon! I'm going long the futures with all my money and making plans to retire on the beach next month :D. I can dream can't I? I'm tired of looking at the red in my portfolio, need a little break in here somewhere.

I made my own stupid error last week on a trade. Glad to see that it happens to everybody every now and then :D. I just hope it works out for the best for you :).

Crazy isn't it? Can't make the market do what we want so we will have to work with what we've got. My positions are set for a drop in the SPX and a rise in OIH, only partially getting my way right now.

It sounds to me like the idea being proposed is an intent cafe, just marketed to attract traders. I don't see any problems with any regulations or insurance. All you are offering is a place to sit and an internet connection. I actually think it is a marketable idea, the devil is in the...

Best retail broker I have seen IMHO: thinkorswim.com

For trading options ToS and IB are the way to go IMO. Many people on this board favor ToS (me included) but others have good things to say about IB. I know you can download the ToS software and play with it for 10 days free, you should start there.

Note I said it was the Stupid Greek Question of the Week :) and my preference would be for McDonalds, love those quarter pounders! Intuitively I knew it wouldn't be a great idea, I'm going to sit tight for the time being. I started playing with the greeks and seeing if I could get the delta...

Stupid greek question of the week: I have a CTM put spread where the delta has gotten out of whack (trade has gone against me). If I sell a call spread to balance out the deltas, the gamma gets pretty big. I'll admit, I know just enough about gamma to be dangerous but am still trying to...

Still a weird market if you ask me, down 7+ today and VIX only jumps .86. More choppiness ahead I would think, good news for credit spreaders if we play our cards right :).

Cheering doesn't help but a hedge placed by Coach typically reverses the market right after he places it :D.