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If I can get a 45 or higher spread at a combined net credit for both sides of the IC of at least 1.10 then I may play a moderate position in Dec. But I will probably bias it with significantly more written spreads on the PUT side. With SPX just now closing at close to 1400 this means I may...

LOL I am up 26% on Enterra Energy (ENT)!! Weee..... We have almost 10 million shares of trading volume and the 90 day average daily vol is only 477,000 shares. Looks to be like someone is trying to take over this company or a lot of our retail investors all got the word at the same time...

Looking around to find my next DEC IC position since I only get in on the next week after current period's SET. Unfortunately VIX is way way down and looks like its going lower. It may be time to start trading options on the VIX itself since premium just sucks at a time I think we are going to...

LOL! I was wondering the exact same thing -t he market did a 180 retreat into bear territory. Ahem, Coach, dump the hedge and let the bulls run please... TS

I think I am going to see if I can profit by a fairly up trend on SPX into the close and catch a favorable SET. Picked up the CALL S & P 500 INDEX NOV 1405 for 1.40 with SPX around 1403. I am anticipating a proven tendency for the SPX to settle toward the nearest strike as well as a market...

I see a correlation to slow fills or no fills if its a "good till cancel" order. I think this gives the specalists too much liberty to work it in to a larger spread to fill larger orders and make a bigger net. TS

No doubt you had locked your trading platform from live update (or your ISP network was constipated) and your quote was 30 minutes behind reality and you got lucky. Technology can be dangerous in the wrong hands but sometimes a market order will generate the best possible price and nothing beats...

This is good info. Here is an additional link to NYSE info on "Liquidity replenishment Points" (LRP). http://www.nysedata.com/nysedata/Support/DiscussionBoard/tabid/108/view/topics/forumid/13/Default.aspx TS

haha - Tobin Smith just put out a scathing criticism of Canada's Torie "Blunder" and Idiocity of what they just did to the Trusts. This is a great read: Enjoy, TS ================= THE KAHUNA'S RANT O' THE WEEK: Canadian Insanity, Week Three -- By Tobin Smith * Higher natural gas...

OMG Canadian Trusts just opened HUGELY UP on TOP of yesterday's good jump!!! Here is a sample: Baytex Energy BTE +5.83% Bonavista PWR BLXJF +1.6% Canetics Res CNE +5.53% Enterra Ener ENT +18.2% !!! Fort Chicago FCGYF +3.2% Precision...

Cramer's rec came after the bell. So yesterday's run up across the board in Canadian Trusts was legitimate normal market demand. The real "Cramer Effect" should happen this morning. But I am expecting that what we are seeing is legitimate demand and bargain shopping going on. Its a huge...

All the CA energy trusts were mostly up today. The S&P/TSX Capped Energy Index (In (^SPTTEN) is a pretty good measure of Canadian Energy Trusts and it was up 2.37% on average today. But if you look at the underlying component trusts some moved very large today. Check out...

Jim Cramer (Mad Money) just gave a "mo back" and "bring the trailer" HUGE recommendation for Canadian Trusts tonight! That means millions of Americans will be buying this stuff on the open tomorrow morning. He in particular recommended Canetic Resporces (CNE), Enterra Energy (ENT), Baytex Energy...

As best that I can tell, unless the Canadian Gov changes things again, US/foreign investors are only subject to a 15% withholding on the dividend (return on capital). However, US investors can get a tax credit from the IRS for this if it is NOT held inside an IRA or 401K retirement account...

We had an amazing spike up today across the board on the Canadian Trusts. I hope this is not a false bottom - I just jumped in hugely like a kid discovering candy land. I missed a sharp 3-4% run up this morning on some of these ... sigh. I hope I didn't over do it here haha but I love a fire...

You obviously can't see the humor nor appreciate the logic in a self deprecating statement. Pssst, didn't your momma tell you there is no logic in humor and its just a simple human thing to do? But if its logic you want try exclusive OR'ing [XOR] your trading account with itself someday and tell...

Bravo - I see you know the game. Most Americans think the rhetoric is 100% real. I find it funny that no one seems to pick up on the contradiction of the Iranian "mad mad" college professor/president (Mahmoud Ahmadinejad) who is conspicuously secular in all his outward public mannerisms in his...

Thanks for the encouragement scriabinop23. I am a problem solver by nature and its just frustrating to see Pandora's box forced open and the billions upon billions of dollars in value evaporated by the callous insensitivity and actions of one financial madman. The unfairness in how it came down...

I don't know guys - this trust issue is pretty involved and complex the more I get into the research. With foreign capital fleeing trusts and the damage to the trust pedigree its going to be harder for some of these trusts to compete for capital to improve reservoirs and acquire other firms...

What's wrong with that? It more a matter of principal. When hanging tough on a late breaking market major move against you in the last few hours of trading I just hate the idea of paying yet another friggin commission to close out :D when I am 7 points oom near the bell & I have to flip a coin...