Search results

Stanford Put on another Straight CALL buy this morning. 2 Oct 510 Calls at $9.90 Trying a straight day trade but if it doesn't work will hold it over the weekend, as the trend continues UP. Also put on another Bull Call Debit Spread this morning. 5 OEX OCT 510 @ 9.90 buy 5 OEX...

Stanford The account is now back to the $450 figure. Haven't a clue what happened?

New Post 09-17-10 04:21 PM Falconview, doesn't that mean if you had actually closed it out earlier, you would have been further ahead than letting it expire? Michael _____________________ You lost me there? If I put on the credit spread and collected $450. How...

TJ Something I don't understand here. The NDX credit spread collected $450 at .30 cents. It expires today. My TOS profit for it though is showing + $1012.50 in the running account on the trade. Why is that?

Trading Journal "Okay I got it. The DEBIT VERTICAL SPREAD is superior to straight buying of options in a directional play, because it insures you against the loss of TIME DECAY. The spread also widens. You can straddle the index which is the normal way, but you can also find better...

Trading Journal Technical question: Can't remember? Does the Bull Call debit Spread, or the Bear PUt debit spread. NARROW when it goes profitable, or does the spread widen? Can't remember but I seem to recall that one kind of spread widens and the other narrows. But can't fina ny...

Well I will gross $450 this week with the NDX credit spread. 15 contracts with $37,500 margin .012% return on capital before commissions were deducted. On the other hand, if I had traded my standard 50 contracts in the OEX I would have grossed $750. 50 contracts with $25,000 margin. 3%...

Well my credit spread on the NDX with the market closed is in the good. We are 6% below the market action for the BULL PUT CREDIT SPREAD. Was not able to get into a decent strike with the upper credit spread, so let it go. I suspect will expire properly tomorrow? The trouble with the...

Trading Journal Okay my scratch paper trades. Going to close them down. Right now. 1) The TIME SPREAD, the weekly versus the monthly I sold for + .25 cents I bought back for - .15 cents and that gained +.10 cents The other side I bought for - $4.90 Sold for...

Trading Journal My guess this is a false top signal. I had it earlier this morning. The NDX other indicators are still showing UP. Mind you I don't know for sure. I was looking for a credit spread at strike 2000 in the NDX and I cannot get it. On the other hand there is .15...

Stanford A half hour to go or so. The strike I want at 2025 ,or 2025 just has no premium at all. It is showing negative. The closest strike is the 1950 which has good premium but far too close for me. Within my deviation safety parameters. Will give it about 40 mins and then if I can't...

Stanford The volume indicator I sent you is still in the positive GREEN. So the trend is still running.

Stanford No I can't predict that far ahead into the future. Nor do I care. OPTIONS are a quick game. Because of leverage costs and penalties and time decay. It is enough to guess for the next two or three days. More than that is gambling badly. I gave you by private email recently...

Ha! Ha! Well I got a kick out of coming on here at 3 a.m. and seeing a bunch of messages and questions. First off TJ. I did not get rich in real estate. Weeelll depends on what makes you rich? I made enough on my house sale at the top of the real estate bubble, to triple what my house...

Stanford and Trading Journal Wednesday before the close. Had a bit of a run up to 509 in the OEX. So I closed the two CALL trades. ___________________________ The OCT - 2000 NDX - 2 CALLS were sold for $16.00 and were bought for $11.30 originally. A gross profit +$940...

Trading Journal Checking up on your QQQQ TIME SPREAD. I figure you are UP +$600 If you bought a 100 contracts? What amount did you buy? Let me see; you BUY both the quarterly and the monthly 45. When you close them out, you will have to do that by the end of this month? Do you...

Stanford and readers So far our training has defined 3 useful strategies I can use. 1) Is the Weekly Credit Spread and am using. 2) Is straight buying of Call or Bear options. In this I've been defining the WHEN, the WHERE, and the TIMING situation. Got to do some scratch paper...

Stanford I'm looking at the NDX at the OPENING. I see going out 4% deviation for a Bear Call spread has no premium. So 3% deviation has about 20 or 25 cents. Either way, I wait until this afternoon before making any decisions. Does not look like we will get a surge UPWARD today? If at...

Stanford The website recommended by Dr. Gonzo with the best of intentions is a forecasting system. This is a system enjoyed by long term buy and hold stock traders. Such a system would be useless to you as a highly leveraged option trader. Your viewpoint is short term. Anywhere from...

What I have is too many learning trades going, that are confusing the heck out of me. My TOS account credit spread trade though is behaving well. I lack the experience yet, to absorb the conflicting information on so many simultaneous learning trades, as a beginner, at the same time...