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All right I am a certified idiot now. Pulled the wrong chart :mad: Here's the right chart and surprisingly only one contract traded at both points and must be yours :D Also forgot you are UK time so you trade after market too!

Chart :D

I deleted the chart :D

Hmmm now this has me stumped :confused: So the only way that trade could have happened is if you sold puts on Friday after open and covered today after market open - i.e. the only times when this option traded at the price mentioned. So you held not only overnight but over the WEEKEND a...

Good advice TO! In fact few days back I noticed some low ADR stocks which are mostly slow moving, heavy volume dinos (for e.g. GE) held by dumb money! The thought crossed my mind that even if they offer low ADR, you can still trade higher number of shares for lets say 20 cents with 5 cents stop...

Yes, the assignment difference I knew about - not the settlement price :(. Remembering my days of options buying/selling, assignment was never really my concern. An OTM assignment doesn't happen (if it does, some idiot just gave you free premium). An ITM assignment can happen (and happened to...

Thats a very good description of the two step process TO! I have already burned #1 in my brain, now working on #2. I am also in the process of liquidating all old positions and moving to IB from TDA. TDA commission structure is not good for learning how to day trade. They charge $10 for either...

Thanks TO for exposing them! I also saw it mentioned somewhere that they provide information for a fee - that was a red flag for me! Famous quote - Never give your money to other idiots :D

Thats effed up - I am not much familiar with european style options, only US style where the closing price is mostly the decider. But a profit is a profit! And the reference to 'pizza eaters' duh I didn't make the connection until now :D And Angela Kasner - had to look it up - you sure...

Whoaaaa holy smokes TO!! You got the calls at the open after sharp move up. Then it dipped a bit (and that is when your PL went red in the screenshot above :D ). So not being afraid of the loss, and risk being nothing to begin with (cheap calls) you decided to hold to end of day/expiry to see...

Yes, this one stumped me too for a couple of minutes. Then I remembered something which he had mentioned just before - stuff about lines and how brain interprets them. Therein was the clue. So the answer is to draw a slanted line on one of the plus sign so that it looks like 4 !!!! Now the...

Cool Bogan! I will check out the archived site as well.

Aaah ok that explains the confusion. I was actually referring to a completely different person. I have glanced through Bryce Gillmore and nothing interested me (besides the divergence). This is what I am talking about - camron dot com dot au Two bits that stood out for me were the...

Yes poland, bogan gave the right site. I have read various threads here and there with titles like: 1. The obvious one :D 2. the charts of deception 3. if you want to fail as a trader, study TA 4. how to trade, full stop. 5. market intelligence

Thanks bogan for the clarification regarding Camron. I want to limit my reading to quality stuff! I did notice some interesting tidbits and he does get verbose. For e.g. he discussed volume to great lengths and how it is one of the most important component of any transaction. He delves in...

Keep it simple. Be humble. The generals do the opposite. Learn their language with practice and brain exercise. The generals have to keep moving, if they stop they die. But we have the luxury to stop or start when we please. Which implies WRB -> NRB -> WRB. Keep losses small and never be...

I was going through the TE's thread on the 'other site'. Good stuff except for the high noise and low signal. I came across one post which mentioned a camron guy down under. When I checked the site it looked eerily familiar but different at the same time :confused: Do you know about it...

Oh no cookie monster ate it all and elmo didn't even get the crumbs. Elmo is sad :( Maybe elmo can have a gold fish :) Oh wait...you say go fish for yourself! Elmo is not afraid to fish, but very scared of the sharks :mad: Elmo would like to know where the sharks are so that elmo...

I knew it I was setting myself up when I posed the question in that manner :mad: Are we talking about the flaw in the clock? But knowing the flaw and how to adjust for it are two different things :D Can I have a cookie? In the movie, TO gives out cookies to those seeking knowledge :D

Much appreciate the commentary regarding this trade TO! As for what's interesting on the chart - the options go down when the index does, but do not go up when the index does. So you entered towards the low and end of day when this divergence happened. Next day the same thing initially...