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    Track Record

    Your CPA is not who will audit your operation(s). It has to be an outside audit. Your CPA will reconcile your trades at whichever interval you choose i.e. weekly, monthly, and then you'll hire a firm that specializes in outside audits. Your CPA will know how to go about this so hire a good...
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    My Options Play

    I see. Perhaps. You sold the APA 60 CALLS, not bought. When you put on positions what type of trading environment do you like? For me, for example, if i want to get short something i make sure to have a decent entry so that my stop gets wider as the position moves in my favor. A bad entry...
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    My Options Play

    HD CALL 40 Nov has been in a trading range since 10/31. Why did you choose to sell them now? HD hasn't set the tone for a serious correction yet. It could easily trade into $41.40. I guess you chose to capture time value decay now. Interesting trade.
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    My Options Play

    Going to bed at 10:30 a.m. ? Are you serious ? I had high hopes for you. :confused: EDIT: I'm trying to understand why you want these type of trades after a sizable move already in APA. Wouldn't it be best to sell those calls at a higher price and if APA retraces to say $65.
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    My Options Play

    If you want to talk about a possible trade i can comment on it and give examples on it. Finding a good trade is only one component of trading anyway. There are many components to all types of trading. What kind of example would you like? Pick an instrument/stock/option. I'll give you the...
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    My Options Play

    If you don't see it why not just ask? Just say, hey pal, why do you believe that it is feasible to trade on the bid and ask and what other trades can be propelled into play if i do so? TRy to behave yourself. People are giving you feedback on posts that aren't exactly inviting. I know you...
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    My Options Play

    :D You made me laugh with that link. Thanks. :) Some people take longer to realize how inept they are at what they believe to be true in their trading and in life. Limits orders to buy on the bid or sell on the ask are worthless to this guy. He sees no possible way that one can...
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    My Options Play

    I'd like to thank everyone for posting to this thread. Lately, I have been busy but i try to read the posts in the evening. They are a big help to my options education. One day i hope to contribute in a meaningful way to the option discussions going on here but for now my trading worth is...
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    My Options Play

    Alright amigo!!! That's excellent. Are you really inclined to hold into next week though? Sure?
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    My Options Play

    Dr. Elder is a smart man. My trading is adjusted to what the market is showing. I always try work with several time frames whenever possible. Usually trades last from several minutes to three days. Last year and into this fall i held names for months with minor adjustments. I wouldn't trade...
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    My Options Play

    OVTI is a sell into the gap. Bullish technicals? OVTI is doing what the rest of the market is doing and that is showing you a BLATANT price pattern that you should've booked already. Think like a trader, not an investor--you want to buy paper or sell it after such a price pattern trading into...
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    My Options Play

    It was a timing issue. The time that multi chose to make that trade was the wrong time. He could've avoided it altogether because it didn't fit his plan to begin with. Upon realization of this, losses were booked to right the ship again. You don't buy expensive time value calls when the...
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    Chk

    Thanks. You can see the slide into this.... Tomorrow hopefully you will get an out trade that will push it up but if i were trading it here i'd set up the channel trades into range extremes. I'm just out of the sector completely for basically two reasons: b/c 90% of my profits have come...
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    My Options Play

    I was contracted to deviate from the thread purpose and expose underlying price movement. Local #111
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    Chk

    What's up rixi. Am i reading this right? They paid $100 per/shr or face value is $100 pr/shr.? I've been out of CHK since early October but i wouldn't exactly be thrilled if i were a common shareholder with this offering going through.
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    My Options Play

    I want to sell out of EEM on the next price and volume spike up into the $82 area. LYO was too bothersome to keep sending the specialist market orders to clip the inside. It worked for a while so i'll humbly take the profit and wait for it to show again. cnms2, don't expect LYO to move...
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    The doctor is IN

    A family friend from Toronto is in China on business. Talked to him recently. This is true: He said, "on my way from the airport to the hotel my taxi driver stopped on the side of the road to take a shit. Then he got back in the car like nothing had happened and continued to drive to our...
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    My Options Play

    Hey, here's a good call for you. Eat shit and die! :D How's that for anger? I only have one handle b/c i'm not afraid to live with myself and my words posted here. Any suggestions otherwise are yours to ponder. The fact that you have time to annoy other members is your fate. Live with...
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    My Options Play

    Did you and Coolweb go to band camp together or something that you can pick up on this? Keep guessing. Just don't use too much of your deductive reasoning in one shot. I know how tired you are of constantly pointing out the obvious. Do you want Multioption to give you his lunch money or...
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    My Options Play

    It's nice to see you guys are in a committed relationship. Makes one feel warm and fuzzy inside. We know. Just, shhh. No, shhh. But, shhh. Sleep children for tomorrow is another battle to be fought. Life is too short!
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