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Glad to see that people are actually looking at what I do. If it isn't as fast paced as you'd like, perhaps my strategies are not your cup of tea and you should focus elsewhere. I realize that some of my positions are heavily leveraged, I openly invite constructive criticism. Thanks ahead...

Scriabinop23, Thank you for the interest and observation. The majority of my writing occurs in the front month contract, which as you have noted, could provide a large swing in my account. As a note, the trades placed on THIS thread are my thinkorswim trades, paper trading. I am using this...

Placed 6 trades today: SELL -25 CCRT OCT 07 20 PUT $0.35 BUY +6 NYX JAN 10 80 CALL $20.15 SELL -10 NYX JAN 10 80 PUT $15.35 SELL -6 NYX OCT 07 80 CALL $2.35 BUY +15 TGIC APR 08 25 CALL $2.30 SELL -25 TGIC APR 08 25 PUT $7.30 Current Open Trades...

Placed two trades today: Sell 25 CCRT Oct 7 20 Put @.42 BTC 3 COP Oct 7 75 Puts @ .13 Current Open Trades: BXG -25 BXG 100 SEP 07 7.5 PUT $437.50 -10 BXG 100 OCT 07 7.5 PUT $250.00 -40 BXG 100 FEB 08 10 PUT ($1,720.00) ======================== -1032.50 Today -162.5 CCRT -50...

Sold out of most positions yesterday, my current holdings (sorry, will try to provide all transaction details going forward. BXG -25 BXG 100 SEP 07 7.5 PUT $375.00 -10 BXG 100 OCT 07 7.5 PUT $275.00 -40 BXG 100 FEB 08 10 PUT ($1,520.00) ============================= -870...

As a way to keep public record of my options trades, I will post to this journal directory. I hold many covered calls and short puts, often tied to long Leap Calls. My current goal/target is 4-6% a month. The past three weeks I am up 4.3%. Listed below are my current open trades: Sell...

I think 1% a week is very possible, given the management and concerns listed previously. I personally shoot for 3-7% a month, trading options and the underlying. With enough BP and low enough fees, it can be done. NYCDT

The large purchase may just be large players offsetting their large short positions- perhaps we are hitting a bottom...... NYCDT

All, I have seen plenty of threads out there asking of when people suggest that THEY can start trading. Let me throw out what I am trying to accomplish, with the hope of receiving constructive criticism and providing others with a reasonable framework. I currently work full time and...

Fast Money is in my view an excellent source of opinion, and perhaps in some cases, trades (non-intra day). I try to get my fill of it each night, as they offer varying opinions through each trader's own unique slant: ie Natural Gas, Options, etc. NYCDT

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All, Anyone able to provide data? I am wondering what kind of capital an equity prop shop typically (if there IS a typical) would start with. I am doing this to see what kind of value is derived for the owner him/herself. He/she will collect rebates on volume, and a cut on profit...

I value the above responses and would like to ask another question, as I have a similar yet different situation. I am working with hege funds, doing ops back office and this restricts my ability to trade- completely. What I have done in the last 4 years since graduating college (and...

All, For those of you who trade in 1k share lots, how many of you have seen 30k at least so far this month? I want to know how reasonable that is to achieve, as I know of some claims to it. NYCDT

Perhaps I am a little late to post, but last week I sold a bunch of Aug 220 calls, didn't think it had the legs to continue. From here.... I think it still could dip below 200 NYCDT

What I have started to look into are selling strangles on equities that I am familiar with. I think that based upon premiums that I am seeing, 3% - 5% would be a good yield to pick up with reasonable risk. No trading yet and I will continue to price in what I feel is adequate, based upon the...

OPT789, Thank you for your lengthy response. I have since read several of your other postings and would like to thank you for your informative additions. To give you a background on myself- I have been a longer term investor for the past 10+ years and have dabbled in options. I haven't...

All, Anyone care to provide figures of what they typically generate in a given month selling options, and with the capital required to produce your number? Thx NYCDT

I think buying is the way to go with 1k..... but you should just stick with equities for now. I have been shopping around for more discount broker. I'll probably throw in 8k, what kind of writing priveledges will be provided? I need a numerical example, because I don't really know what...

Wayne, Thank you for directing me to IB. Can you give a numerical example, as I am not sure how to convert what they are saying for the naked....