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  1. M

    My Options Play

    I just got filled on an order to buy 60 BBY Nov 45 Call @ 1.75. Option's symbol: .BBYKI Contract month: NOV 45 Call Underlying security: BBY # of contracts: 60
  2. M

    My Options Play

    Why I'm not a fan of any volume indicator. Please check this out... I have several stocks on my watchlist, will update if/when I get new trades!
  3. M

    Trading partners (2)

    Team work is the best way to make consistent profits! I've trained many folks in the past and the results were mind boggling. Actually, I must fess-up that my trainees do the work, send to me potential trades, while I approve of their picks. We all trade the picks and make money. However, many...
  4. M

    U. of I. study casts shadow on options trading

    You're so right! It's much easier to write about trading based on unrealistic assumptions without the inclusion of human factors.
  5. M

    My Options Play

    Bar period:14-day. ADX is the key to my trading approach. Stating the rules without charts won't help. 20-day, 30min!
  6. M

    My Options Play

    Maxreturn, sorry for this belated reply...I didn't intend to ignore. Regarding EOMplus, I'm not so sure of what I'm gonna do with that trademark. Dealing with the public is so much pain in the neck, I'll see if I could stick out my head again.
  7. M

    My Options Play

    Interesting question; I saw that coming! My research reveals that volume usually drop during accumulation/consolidation phase and explodes when trend breaks out. Why? I have no idea. I've seen stocks move $3+ with less than 500,000 volume. What individual traders make of that is their own...
  8. M

    Is Ned Bennett, COO of optionsXpress related to Phil Bennett of REFCO?

    In that case, I'd contact you to help me out! :)
  9. M

    Nuggets For Options Traders!

    Good question! Money management in trading is somewhat difficult to teach/explain because I believe it should be based on knowledge and expectations. One of my trading rules demands that I set a stop-loss while another of my rules overrides the need for it. More often than not, I consider...
  10. M

    My Options Play

    They did not quit. They wanted me to manage their acounts but Optionsxpress switched me from OX-branch to Xecute. Do you know the difference between the two? OX-branch allows entering trades through one interface for all the accounts while Xecute requires relaying orders through email. Many...
  11. M

    My Options Play

    I guess you're familiar with EOMplus. Yes! I'm the same person who used to run EOMplus. That was my greatest mistake as I ended up introducing newbies to options. Some did make it from $500 to over 12K but not 25K as projected. The problem was just too much on me, so much that I had to abandon...
  12. M

    My Options Play

    I did not blow out, I withdraw (sic) my capital for a big project. Still trying to make $1.2M between now and August next year. It is possible! I have more screenshots that could shed more light to my confidence in direction trades, but I'm on the move right now (travelling). I have a...
  13. M

    My Options Play

    ANF 50 Put looks tempting. I'm watching!
  14. M

    My Options Play

    lol. I understand how difficult it is to believe. But no one disbelieve his own account/success. I don't consider myself the best trader yet, some have made billions$$$, so my skill is not exceptional.
  15. M

    Nuggets For Options Traders!

    I first determine the trend mode followed by the phase; accumulation, consolidation, et al..I then look for long/short signal. My confirmation comes from the weekly chart, and entry point by the intraday. In some cases, the intraday may be the sole determinant of my action.
  16. M

    Huge collapse in YHOO's IV

    Yahoo is non-direction at the moment. The stock is range bound, hence the collapse in IV. Even a sharp rise to $38/share might not change the outlook.
  17. M

    My Options Play

    My goal is to make $3M for a special project which has commenced. I haven't made the entire capital required, but I'm getting there gradually after which I will retire from having to comb several stocks manually for trading opportunities. That screenshot was of my account started with just...
  18. M

    My Options Play

    Yes! I agree with you! Hardwork in the right direction.
  19. M

    My Options Play

    A bunch of stocks. JCP, DRIV, PPD, and many more. I need to work harder to get stocks with technical set-ups that meet my "luck" criteria. I am looking for trades with potential for 200% -300%. I had some of those in January and Feb; LLL, COO, OIH and many others. Will post as soon as I get...
  20. M

    My Options Play

    Some ET members are probably wishing that I was still in PEET; sorry! I'm out of it! lol:p
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