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So where is RYAN the host of this talk show these days? Whats your equity balance today Ryan? ( grin ) :cool:

Kinggyppo Your comment on the straddle hits home. It is now making some sense in understanding the GREEKS. So progress, however slowly, a little bit at a time. Yes I do tend to chew a long time, on one idea. Until I get the full flavor. I agree there. At my age, I can no longer...

I see the premium went up still. I forfeited about $60 here, because I allowed myself to get flustered by the criticism and kibbitzing. It´s nearing the end though. All that talk about VEGA confused me. In actual fact, the reduction of VEGA from .13 to .12 was a good sign for continuing the...

babutime HAh! HAh! HAh! on the photo. Those were the days. One of the side benefits of living here and dealing with tourists. Unfortunately nowadays I´m too old. Mind you I can look, but thats about all. And remember of course. On any given day, there are a 100 like that here on...

Well after deducting my PUT I closed yesterday for an $80 loss with commission. I closed my two trades out, entering staggered going up, for NET PROFIT of +$115 after clearing commissions and the bid spread ask. I kind of learned from this experience, that I need to enter bigger numbers of...

Well after checking the option chain, I do believe we are running out of premium increases. Seem to have stalled out on the 67 CALL at $2.86, or $2.87 and time is slowing down for the market action. I´m going to wait for the next hourly update and then if nothing is happening close them out...

Well at least we agree on something? ( grin ) Your $60 figure for a strike is what I am working with. Probably didn´t arrive with that conclusion, like however you got it. I did it by trial and error about a year ago. Normally, I use a round figure of six cents x the number of decimal...

You misunderstand. I have two cash trades making money right now. I only have one of your calendar spreads working on paper.

Atticus Indeed the premium balloon or VEGA, seems to be peaking. I rather expected to get another bit out of it though. Still, will close the trade soon as my other stuff and numbers, tell me that the premium is not allowing the price to increase anymore. Right now it is just after the hour...

Okay Atticus "Vega is the $-sensitivity of the option position to a 100bp change in vol. The change is not linear, so you cannot use a linear-technique to forecast." I don´t understand the 100 bp reference. This week I´m recording Gamma and Vega along with numerous other things of...

On the QQQ my guess is that the VEGA or volatility premium balloon will peak around 68.90. That is just a guess. I do not see it coming back to 67 though? I´ve been wondering how to trade the volatility collapse of the CALLS? I suppose a calendar, selling the CALLS and buying June...

In the past I had tried the PAIRS TRADING. I traded the QQQ and the VIX as a pair. They move opposite. I came to the conclusion it was basically directional and thus no better than just trading in the direction of whatever you were trading. Somebody brought up PAIRS TRADING again, last...

CALENDAR TOS PAPER TRADING ACCOUNT. So far, the calendar has reduced from a spread of .51 cents to .45 cents. This was the March Quarterly 67 CALL sold and the April 67 Call bought. Just watching it perform, for learning purposes. Interesting and encouraging.

Emilio Lizarro Thankyou for the offer. I am going to try and get a hard copy somehow. I didn´t even know what Bit Torrent was. Which is not surprising. Just looked it up. Back around the beginning 1990´s I was on the cutting edge. 20 + years later I practically shun all the new...

Interesting reading your war stories on trading. I´ve got enough on my plate to chew on for a few days and absorb. Doesn´t sound like from all the expertise, that there are any guarantees. Did get the calendar in finally this Sunday on an old paper trading TOS account. Think I´ll...

Atticus I don´t have a credit card. I pay by cheque. Would take a month thereabouts from here.

Okay! This is what I´m trying to learn this weekend. Made notes after reading online. TRADING GREEKS AROUND A CORE TRADE 1) Start off with a core trade ( buying 10 contracts ) 2 All Greek calculations start ATM. 3) Greek trading system does not use charts and indicators 4) Delta...

Thanks guys. You fellas are really kind and generous with your time and expertise. Your offer Atticus is wonderful, but for the moment I´m going to have to postpone. I´m nibbling away each weekend at this stuff. But got to absorb it in small chunks, slowly. You use big words, you must be...

THE STRUGGLE FOR AN AMATEUR TO LEARN GREEK STYLE METHOD OF TRADING. So many things to learn. I´ve been studying the GREEKs this weekend. As an amateur trader, I did the normal thing, which is using charts and indicators. There is a whole business in selling trading by charts and...

In review of last week, I got whipsawed. Caught the trends, but they were too short, to cover with. Since learned something new about that though, and hopefully will be able to ride it out in future. So not a too bad week,for learning otherwise.