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I concur the uptrend isnt broken - its just a drawback that is within certainly the longer trend. Here's a weekly apple chart: You will see it can fall back to 165 and even lower without breaking the uptrend. I only posted the chart because in my experience this is one of the clearest H/S...

As they say: the market can stay irrational longer than you can stay liquid.

Sometimes - ever so rarely - a technical pattern appears that hypothetically seems to tick all the boxes. For simplicities sake I am showing the Apple chart of the last 3 months with just the closing prices: Even the volume seems to fit the classic H/S pattern - stronger on the left shoulder...

*face palms*

I have ca. 250 option trades this year (One open+close being one trade) with about 200 of those being stock and not index trades. What you say is not incorrect but its just something you need to take into account when you trade. As a prior aside - having good option pricing software helps. If...

You know with all strategies or investment ideas I always follow one rule that I learned from Peter Lynch's book One up on Wallstreet, way back in the 80ies. If you dont understand it - dont invest in it. For Lynch this meant he avoided tech stocks not because he thought they were a bad...

Its a nice idea but of course you start acting like a market maker in that case. Whilst there is nothing wrong with that you better keep an eye on the market at all times. If a big move occurs while you are on the golf course your account might suffer.

You are weird sir. Good luck with your trading - let us know in January how you did.

Its a bad one but the three previous times they would have collected the full 2.50$ every time so now a year on they are at zero return.

Can you answer what I posted rather than insult people you dont know? If you make a buck with a trade I am happy for you - this is not the issue. People have posted very reasonable caveats to your proposed trade and apart from bluster you havent got any response.

No, no, no, no, no, no and another no. Your statement is true at expiry - you state you will not stay in the trade until expiry. I pointed out the basic truth that a month ahead of expiry when you purported you will exit a much smaller swing will have you at zero or negative return. JackRab...

Well I can tell you I don't like this particular trade - you are risking (presuming you open 5 contracts not the ten of the second picture) close to 14K to earn about 1K. There is 30K margin which even at the best of circumstances makes for 1.5% return per month - not enough considering the...

My favorite quote.

Ok you are not at all getting the statistics of this. The chance is 18% that the stock would end in 3 months below 175. There is a 36% chance that the 175$ will be touched based on statistical analysis. These are elements to take into account when setting up a trade like you have. A 20% drop -...

Why would I do that? I am merely commenting on your position - you asked whether a 20% drop is possible in the next three months. The answer to that is an emphatic yes. As I posted above as long as you are able to absorb the margin blow (position sizing is always key) you have a very decent...

Its already happened in the past year (a 20% drop) on 2/12 NVDA had a high of 120$ and on 2/24 a low 95 - I realise I am using an extreme here but just saying, these things can and do happen. Stocks that rocketed in the past couple of years like NVDA are certainly susceptible. Just look at the...

Its pretty reasonable - there seems to be support around that line. Mind you the chances are 35-40% that you will get a 'touch' on the 175 strike if we use the rule of thumb that its twice the chance of ending below it. Keep enough margin on hand for that.

I am probably obtuse but just to be sure, what do you mean by 'better expressed'? Not trying to be difficult here but I have a feeling we are misunderstanding each other without meaning to (probably my fault). I do understand your example and can concur with the conclusion eventhough I would...

@kim are you paying these guys to provoke you and enable you to spread the gospel about your service? :D