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A few weeks ago I posted a GOOG trade that a few of you took issue with because you thought the math was wrong. At that time I said that I was looking to buy SBUX straddle just b4 earnings this month. I did not buy straddle on day b4 earns because the numbers were wrong. I bot the Dec...

I am from NE. A friend of mine from FL met me in San Diego last January. We golfed from Tijuana to Palm Springs by way of Santa Barbara ove 10 days. We drank more wine than we hit balls, but had a great time doing it. If you really want to kill yourself driving, then start in Oregon and do...

A Clinton oldie ... but a good one

Hey guys.... Is it possible that Hooya is dinking with you/us. When I was a pup selling for IBM in the late 60's, we used to say "Hoya-Hoya when we sold a system to somebody who didn't have a clue on what computers (more correctly -- unit record machines at that time) were and what they...

I did not know it was disabled - I edited it. Try it now. Talk to you after the close

I have been an E Trade customer for a long time. I do about 100 trades per qtr and use their market trader platform. I get unbelievable fills. I believe that they are a great online broker for a newbie. On the negative side, their telephone "service" does not exist, so if you need help...

I probably have a lot more grey hair than you do, and yes, I do not know the greeks. I trade from intuition which comes from many years of observation and I suspect much of what I do would be confirmed by greek analysis. No, I do not think you are an ass. But my experience(My firm was the...

woops - forgot the attachment

I do not know all these greek guys, but, are you saying that if GOOG had not moved on Friday (instead it closed at 308 - the price it was at when I entered my straddle) that on friday the straddles would have dropped 8.00? On thursday at 12:00PM EST (see my attachment on my original post)...

Isn't it convenient that GOOG (340), SBUX (55) and others closed on the even money today. The researchers are correct. ......"Stock Price Clustering on Option Expiration Dates× Sophie Xiaoyan Nia, Neil D. Pearsona,*, Allen M. Poteshmana aUniversity of Illinois at Urbana-Champaign...

SBUX will report November 17th. The Nov options expire on the 19th. After the split, and before the earnings announcement, this same opportunity may be available. I will probably not take the Nov straddle (not enough time left), so I wiil probably take the Dec 30 straddle for a two day trade...

You are right - I think it only moved 5-6 points on the last earnings release. but my gut, (one of the elements mentioned in successful trading), Just told me that a suprise was brewing. So.... I guess luck does matter..... :)

I forgot - my bias was that GOOG would either miss the estimate, or, make the estimate but dissapoint . Therefore I took the 310 strike when the stock was trading at 308. In retrospect, If I had taken the 300 strike, even though the straddle would have cost 26.40, the trade would have been...

I disagree - the sequence should be - Skill, guts, luck. Yesterday I took bot a straddle on Goog that, at the time, might have looked stupid to the uninformed. I bot a 310 Nov straddle at 25.70. See attached word.doc for pricing at the time I bot it. (Earnings were to be issued last night...

I second that !! Go AWAY

OK - I will add my .02 to this chit chat. Multi stated he usually only holds an option trade for a max of 7 days. In this case the typical decay you all refer to is not really a factor. I do not know how to do a screen shot, so I have attached a word.doc showing todays OCT WDC options...

Come on guys -- 28 pages of chit chat and other misc stuff -- only one trade -- give the guy a chance to either, do what he said he was going to do, or .... not.

Multi -- I thought you bot PEET Oct at 2.20 ?? I bot it at 1.65 and sold at .70 - (did not have the risk tolerance to stay to the end!) I , like you, ascribe to buying the nearest in-the-money on volatile stocks. However I never commit more than 10% of my capital to any one trade. And...

Hey Multioption - you still there? Does your strategy include buying put options? No signals today? Can you share the universe of stocks you follow?

I am one of many that will be watching - all of us expect you to post some of your thought processes to go along with your picks. I just hope two things happen ...... 1 - you are successful and we all learn something from this thread 2 - that the slammers and skepticks can just...