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I keep hearing about that on other forums about market manipulation etc.. is that a trading firm? stuff about 87 crash etc..

I have been noticing an interesting pattern. Everyting GE goes up several bars its during low volume rallies. Then GE will crash during high volume activity. I am seeing it now. GE up from 12.01 to 12.25 but they are low under 600K volume rallies (600K or less volume bars) 1 minute...

Two outcomes. 0 loss. 1 profit. If I am not comfortable with a 0 and 1 outcome on a trade I will not enter it. Life is too short. I work towards option #1 but I take into consideration option #0 and I will only enter the trade if I am comforable with the possibility of option #0...

If I cannot sleep at night on a specific position etc.. I will not enter it. I will only enter a trade etc.. once I feel comfortable with all possible outcomes good or bad. ie: think about worst case scenario before entering etc.. ie: hudson river landing situation etc..

I have a screen with the VIX and the S&P500 index on it and one with GE as well. and some options with the level 2 options. I am not sure there is a way to chart geeks though, I have not heard of geeks trading on the commodities market yet.

Life is full of risks. That is why if you make a decision you have to be willing to live with the risk factor. :) GE Might close out of the money come march once the short sellers ride GE back down once ex-dividend is out and they no longer have to worry about paying out the dividend. I...

Sorry about that. I am so used to using these options symbols that I automatically just use them instead of putting up the detail. Too much time on these screens.

I found another good article. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20081123/REG/311249981/1021/taxconsciousadviser&template=printart Investors and their advisers are rightfully concerned about running afoul of the wash sale rule and triggering a taxable event. As you...

Thanks. I found this as well. Wow IRS really is a ball buster. http://www.fairmark.com/capgain/wash/ws101.htm I guess then I will have to write an OTM put 60 days out. More time premium at least. Selling Put Options You can also turn a sale of stock into a wash sale by selling...

That is the grey area. So if SPY sold for a loss. but I write a put 35 days to expiration, out of the money how am I to guess that it might somehow expire in the money and I get assigned?

I tried to delete this thread but it would not. .

no it was a covered call on my SPY I wrote some and it is a 3% loss (300 shares of SPY) 3 contracts. They will probably expire in the money this February.

Thanks for your help. I wrote the GEW CI. It is deep in the money now so I will probably get assigned on expiration but I do not care. I wanted to harvest the dividend and the premium. This option stuff is very nice.

I have calls for SPY that will expire and I will get assigned (3% loss, would have been much worse without the calls as a hedge) Now when I get assigned and have the cash, if I write OTM puts for SPY as long as the option expires over 30 days (ie lets say 34 days etc..) I get put, this...

Wow none of the pros here know? I found something. Not sure if it is still valid. It says the IRS will not tolerate a deep in the money put but it is okay to write an At the money or out of the money put. Nice. so you can harvest up losses and collect tax free dividends etc..

Will i trigger a wash rule? If I sell ATM calls for SPY, lets say it does end up in the money. I get assigned. I realize a 3% loss let say. If I write an ATM put option or slightly OTM put option for the equivalent amount of SPY (contract expires 40 days from now lets say) I...

I bought 1000 shares of GE for 10.80 I sold 10 contracts for march 1.28 The option is now worth 1.11 GE traded at 11.10 If GE is in the money will I get an assignment notice because people will want to get the dividend? My though is it will not happen because the time value remaining...

If they stop paying dividends what would happen to the stock price? Wont it go up due to retained earnings not being paid out? I bought 1000 shares yesterday at 10.80 but I wrote 10 covered calls today with a strike price of 11 in March for (1.28 a share) (so that would be my dividend if...

I was thinking. That november and october will be worse than last november/october??

With all the bad news today and the bad news coming on friday why did the stock market go up?