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Coach, I'm looking at a put spread in this region too... but I gotta say, without knowing how Israel's neighbors are going to react, aren't you taking a bit of a chance here?

Was thinking about putting on an AUG put spread at 1150/1160 or so... until I read that Israel attacked Beirut airport. Wow! Anyone know who is selling Hezbollah the rockets/missiles?

I think Mo's post is yet another example that basically people have an inherent need (at the DNA level) to look up to a guiding figure... More importantly, I hope Germany crushes Italy. Germany 2 : Italy 1 France 2 : Portugal 0 France 1 : Germany 0 (in sudden death OT)

I never thought I'd say this, but.... this pic beats any of JAs....

Are you looking at any Aug spreads? On the one hand, the general environment seems to be bullish so I'm looking at around 1190/1200 put spreads but on the other hand the market is overbought and so I might wait for a pullback before putting on the put spreads (as long as it does not go below...

Was this a paper trade or a small trade? Definitely picking dimes in front of a steam roller... especially given exp week's upward bias. I recall you did the same thing with June 1245 puts?

Wow! That's a lot of apologies and disclaimers... do you really care that much about what anonymous message board readers think about you???

Coach, super article about ratio spreads in Option Trader Mag. When would you choose a ratio spread over a regular credit spread?

I heard a CD where George Fontanills says he is a prof. options trader..... is that true?

Awesome! Congratulations OC and family!

I have often found this to be very difficult to do... if you have any advice, that'd be great.

After today's wild move, I understand why this crazy vol may be better for debit spreads....

Coach, why did you go with Maverick's firm after he accused you of all that stuff on this board without having a clue about the real you? Do you trust someone who mouths off like that without knowing what he's talking about?

Looks like they're aiming to shake out shorts at 1250...

Kartik, Chris and cdowis, thank you for your most helpful insight.

Coach, what July put spreads are you looking at?

My understanding: when vol is low, buying options are cheap, that's the time to buy debit spreads. When vol is high, premium from credit spreads are attractive... This is the opposite of your comment... please enlighten.

I have not heard of it, honestly. I do this for a hobby only...

Rally, what's the max pain theory?

Put open interest at 1225 is huge... but then as I think about it, those puts already got closed/rolled if they were short.