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    My option trades

    Don and Atticus Ha! Ha! Ha! With friends and mentors like you guys, it´s better than using the old paint can on a rope in the morning and dousing yourself a shower over the head, with cold water from the shallow island well. About the same feeling. :D I just looked at Tuesday...
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    My option trades

    OOoooh mon! 2.44 a.m. here. Woke up, but looking at the Bear Call Spread leaves my mind a muddle. I need to buy some rum, or something. Let me assume, I buy a straddle. The index moves in one or other of the directions. By selling the premiums of the side that it moved away from...
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    My option trades

    Oh dearie me! A BEAR CALL spread. I´m going to have to read that one up. You lost me. Lets see if I think about this. Market is approaching the PUT side of a sold straddle. So you buy CALLS for your CALL SIDE of the straddle which is not in any danger? Then you rollover...
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    My option trades

    Dreamliner Thankyou for contributing. I think I have the picture in my mind now what selling strangles is? It´s an Iron Condor without being a credit spread. Instead of using two opposing credit spreads in a channel which would give you limited risk, to the tune of $500 margin per...
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    My option trades

    Don and Atticus I get some of it anyway. The range for the market is between Calls and PUT strikes sold. Close the strangle before it goes through, or you are in trouble? Just got back on the air. I lost my wi fi signal again. Been trouble shooting. Found out it was my wi fi plug...
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    My option trades

    After just closing out my current trade for a loss, I am certainly looking for something alternative. I diddled for an hour, wondering if the QQQ might close the GAP today? Jeff with his automatic trade in SPY saying it was going UP was encouraging. However, the GAP today was down in the...
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    My option trades

    Thankyou dreamliner. I´ve never been able to get into that analyzer thingy. I think because I use web trading instead of desktop? But I will check it over again, to see what I can do. I very much appreciate your assistance.
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    My option trades

    I see AAPL made a big drop on the open, but started 30 mins later back almost to the OPEN again. In the hourly chart anyway. Would hazard a guess that is over? Well the experimental credit spread in QQQ for June month, didn´t move at all much. Nothing there as a credit spread is about...
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    My option trades

    I know you guys think I´m stupid and I agree. HELP ME OUT HERE? How do you buy and sell stock in THINK OR SWIM ? I took a quick look at it, but it is all options. Seems to me. It´s 4 a.m. here so can ask the HELP DESK tomorrow I guess.
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    My option trades

    Don Bright Okay on the stock and strangle method. First I ever heard of it. "only way is a credit spread"? What, you're not paying attention. Just pretend to sell outside strangle, and leave it alone. I have to say, with vol so low, you may not get much for it, but it will be 'safer'...
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    My option trades

    tmf I didn´t notice ORCL for an earnings on Tuesday? I have from the whisper website marked to watch with paper trades, TUESDAY JEF April Call 19 @ 1.10 OMN April Call 5 @ $1.05 I´m just playing with it, trying to get a feel for what this stuff does on Earnings Reports...
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    My option trades

    Don I don´t mean to disrespect your selling THETA advice. I understand it works and works well. It is the RISK that scares the beejeeezus out of me. I think it was last year, I traded on paper, CREDIT SPREADS, Iron Condors and such to sell THETA. I did it for about 7 or 8 months...
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    My option trades

    Jeff Okay I get the message on the CREE decision. Understand that well. I just was puzzling over your decision tree in making the trade. I could not see anything, leading into it from the chart. PANIC I understand. I´m going to sweat this current cash trade this week, as I have to...
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    My option trades

    Ahhhh well! Nine figures? I can´t count that high ATTICUS. I´m only worth a half a million. But then I never did much in the wealth cash gathering line. I was sailing warm, emerald and azure seas, spearfishing, gone through 3 hurricanes at sea in small sailboats, entertaining willing...
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    My option trades

    Thats an interesting comment Don. If instead of a strangle in Apple, one bet the direction in straight calls and did a credit spread in PUTS I presume that would work? That would be selling. I was two months out. So what causes the PUTS to contract so much, as APPL goes UP and gains...
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    My option trades

    Jeff YOu have mentioned CREE before I believe. Out of curiousity I just took a look at it. What was your trade yesterday in buying CALLS? Also what time frame are you dealing with and the month. See if I can get a picture in my mind, of what you did?
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    My option trades

    For better or worse, til death do us part. Or the account balance. Bought 3 QQQ this morning at 64 June QQQ CALLS $4.35 CASH TRADE ______________________________ I also played with a paper trade strangle in Apple. OTM calls and puts. That didn´t work out at all...
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    My option trades

    Marco You forecast it and then pile on the PUT TRADES.:)
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    My option trades

    Ryan I´ve been diddling around over the weekend with several mixed ideas. I do believe you have done them already? Can you tell me how they worked out? - I believe you bet long, based on direction, and then you insured with a short term debit spread in the opposite direction? -...
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    My option trades

    Well I did find a sort of good debit spread calculator. A 2 % move in the underlying index, or stock, would not quite make maximum profit. Presuming your directional bet was good. Something to think about. Guess you would need a 3% move? ===============================...
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