Search results

DrMark, I beg to differ with you on the subject of market ignorance. I believe one of the biggest problems in trading is "too much": There is too much information out there. There is too many trading systems to choose from. There is too many methodologies of trading. There is to many...

12-11-12 12:41 PM Quote from Stok: Selling out 8 weeks, strangles on SPX mainly. 5% chance of ITM for puts, 10% chance for ITM for calls. Once these get to 30% chance of ITM, she rolls up, closes some out. The whole interview seemed rubbish...I want to know her last name to see if...

Your probably right, because after just watching both videos a 6th time (day off from Xmas shopping), I just noticed that there was really no success until 2008 to 2012. 2002 to 2007 (5 years) was a learning process experimenting with various strategies and trade vehicles. 2008 and 2009 are...

This is all ringing déjà vu to me now that I am remembering the 1990's and the Don Fishback home study option course I bought. The course was preaching to sell shit (technical term) that has only a 5% probability of expiring in the money. I never really knew what the hell he was talking...

I agree with what your saying and how about March 2009 when the SPX dropped to 666! But according to her in the video, she has 5 traders constantly watching the software probabilities and as the probability of naked put sells expiring ITM increases to 30% and greater, they just keep selling...

I think some of you are not really listening to what she says in the video. Lets say she is selling puts on the SPX today (but she wouldn't until Dec 21st = exactly 56 days left until expiration): 1: She pretends the SP is actually 100 points lower than it really is. Example: Yesterday's SPX...

Each evening the trading program can output one or two of several different signal types. Each signal type has its own trend or reversal characteristics. Here is some examples of signal types and entry discounts: [Trending Signals]: 1: New Trend: Pay up to previous closing price. 2: Medium...

PM, Are you thinking .25 to .26 put sell credit when INTC hits 19? If it does hit 19, I might very well buy a few Jan 17.5 calls just to see what happens. However I won't take a beating if it keeps dropping. Bracket order with buy limit entry when INTC hits 19 / sell limit at entry +40% /...

Here's the stats since beginning this thread. October 2012 Completed: 6 wins at +246% option gains 2 losers at -64% option losses 1 breakeven 0% +182% option gains net account gain: +17.7% (10% invested per trade) (best month on record) Win/Loss: 75%...

If you want tight option bid/ask spreads of .01-.02 (similar to the stocks spreads): 1st: you are going to have to first find the stocks that have options with those tight spreads, 2nd: then apply your stock trading methodology to that limited universe of stocks that have options with that...

The charts show strong 2 year support at 19, but after today's price action in INTC, I have jumped over to Put Master's camp. He says it needs another solid test at 19 and at this point I totally agree with him.

For the month of December I will be busy with Xmas shopping, 5 kids on vacation and the holiday festivities. All trades will be "single buy only" trades controlled by automated Bracket orders and OCA orders and I will be going out and about most of the time. (December couldn't turn out any...

I just ran a test scenario on your last winning trade you closed 11-28-12: 10-23-12 Quote from Put_Master: Sold puts on $24 NTAP for Dec. Credit $0.48 Annualized % return......... 12 - 13% otm safety cushion 17%...

I would only buy calls on stocks where the options have decent option volume and fairly tight bid to ask option spreads, and the chart is crying out, "I'm going up, anybody coming aboard?" (like INTC) I also wouldn't invest much into each trade. I think 2 months time is good with the...

The answer to this is: buy calls on low volatility stocks that have slowly corrected. Look at the attached chart of INTC that I pointed out yesterday to another member. Great company, everyone uses its products, big correction. INTC open today at 19.90 The INTC JAN 17.5 Calls opened at...

PM, Have you ever tried buying a small quanity of calls at the same time you sell the puts? It seems like so many of your stocks rise a substancial amount after you sell the puts, that it appears possible to earn extra cash on the call buy as well as the put sell? Jeff

One other important point I should mention: "Just because your suddenly trading options, don't allow that fact to alter your normal stock trading method one bit!" In other words, when you would have normally bought the stock, then buy the options. When you would have normally sold the...

My humble 2 cents: I agree with buying the options ITM with as little time premium as possible on the options, even you have to go deep ITM to get that. The reason is: You just admitted the stocks are blown up with volatility due to the sudden drop in stock price. That means when the stock...

I use to wonder why one month trading is so good and the next month its not so good. The answer I came up with through the years, is something I truly believe in. Its simple, here it is: Open the attached 2 month chart of the VIX (Volatility Index). Notice that in October 2012 the VIX...

Update thru November 28, 2012: 11-01-12 SPY NOV 143 puts Buy Limit: 1.85 (filled) Sell Limit: 2.40 Stop: 1.30 This trade was closed at breakeven (1.85) on 11-02-12. ------------------------------------------------------------------ 11-02-12 SPY DEC 145 Calls Buy Limit: 1.85...