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    Apple on Monday

    appl is doing what they do best, repackaging old shit as something cool and new. A new sdk for iphone? give me a break, the industry standard j2me along with a whole internet worth of apps/games have been available on window mobile smartphones for ages.. 3G? again available on other...
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    Short Straddle Update

    Leh down 7% at pre market, risk too high for another down day. This is a great daytrader's market, unfortunately for us it's as bad as it comes. Holding all cash once again. Closed at pre market: -4x short june 1335P at 10pt, exit 11pt -> 4pt * $50 = -$200 loss June realized p&l +$6600
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    OK time to contribute something serious, my analysis of OIL using my edge

    If you have any kind of common sense, you will know the world does not operate like this anymore especially the "good guys". If an attack on iran was to happen, there need to be months of build up including UN negotiations, deadlines for demands, propaganda etc.. Israel will not just start...
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    Apple on Monday

    why do you keep saying that? it's NOT miles ahead of other phones. it only looks more sleek and cool. By your earlier response it's clear you have no idea what a current generation smartphone is or capable of. As to the stock, who knows like i said i will not trade the news, but will follow...
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    Puts on ES, should I cover?

    i dont understand what you guys are saying. You are trying to make $200 on a way otm put holding it for 2 months.
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    Puts on ES, should I cover?

    August 1075P on ESU8 is trading at 3.9 pt. That's $200. You shorted that for ~$200? I dont understand.... :confused:
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    Apple on Monday

    Iphone IS a toy compared to a full fledged smartphone. The only advantage it has currently is the browser which has a better gui than the rest. It lacks real keyboard, no 3G(almost a joke), no expandable memory, no gps, no flash support, cant swap battery, no real third party development, no...
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    OK time to contribute something serious, my analysis of OIL using my edge

    i stopped reading right after ATTACK ON IRAN IS IMMANENT. Another waste of bandwidth
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    Short Straddle Update

    lol i stand corrected. Not sure what i was smoking haha. thanks
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    which is best for the iron condor SPY or SPX?

    i like options on es mini the best.
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    Short Straddle Update

    but my point was using return on margin is not a good comparison. Today ES at 1378, 1) Selling 10x 1420C at 4.4pt requires $68577 initial margin 2) Selling 10x 1420C/1470C spread at 4pt requires $21187 initial margin Assume both expires worthless, if you use the return on margin for...
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    Short Straddle Update

    to be honest, i dont really track my profits based on return on margin, because the margin requirement differs so much when you short the underlying vs naked short vs short spread/combo, the risk difference between them is not that big to justify the difference especially for a relatively...
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    Heads up on LEH!

    My eyes must be playing tricks on me. Did anyone else see leh gain 10% in after hours as reported by cnbc? i dont see it.... http://www.cnbc.com/id/24956803
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    Interactive Brokers Mobile Trader

    I have the at&t <a href="http://www.newegg.com/Product/Product.aspx?Item=N82E16875998228&nm_mc=OTC-Froogle&cm_mmc=OTC-Froogle-_-AT+T+Authorized+Cellphones-_-HTC-_-75998228" target="_blank">tilt smart phone</a> which is a full fledged mobile powerhouse on their 3G broadband network. Everything...
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    what type for strategy is best to use to profit on volatility?

    Really? i always thought selling atm straddle is a play on theta if you believe the underlying wont move. What is the best combo then to make a play on theta if you believe the underlying will not move much by expiration? thanks
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    Short Straddle Update

    Closed: -Short 4x June 1350P at 18pt, exit at 7pt(after commission), +44pt -> $2200 June realized p&l: +$5800 --------------------------- As per the TA, market followed as expected for a short term rally to 1400. We are now at a crossroad again, long term bias is still negative. But...
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    If Oil Gets Smacked Down, Equities Will Run

    Oil has an inverse relationship to the market (sp500) above 110ish level. When oil drops, sp500 moves up, and vice versa. How the hell do you guys not see that in the intraday chart each day. If oil breaks and moves below 110, then i believe this inverse relationship will be voided. But...
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    what type for strategy is best to use to profit on volatility?

    Underlying is at 100, you sell 1x 100 call and 2x 100 put. Your short straddle has a directional bias towards the upside.
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    Living in Asia

    hong kong and japan are way too small, uptight, and also expensive. While some other asian countries mentioned are more relaxed but not as well developed or modern. I would pick Shanghai China without a doubt, it's very modern city and generally cheap (although if you have the cash there are...
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    How much Capital (Estimate) it takes to make a market in FUTURES before the open?

    Not disagreeing with you, he's 100% genuine and excellent at his technicals. Definitly appreciate what he's doing.
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