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I use 100% of my $2000 account to sell naked puts with no stop losses. It's my only money I have and I need it for food and rent, but I got a good feeling about this.

Not all oscillators and technical indicators are useless, some of them are helpful as long as you know their limitations. The general rule for oscillators is they work well in a ranging market, but not in a trending market. Only problem is to know when the range ends and the trend starts. IMO...

Im sort of bearish. Been selling some SPY calls

You usually don't get filled right away with limit orders bro, be patient...

Finally, someone with sensible answers! Thank you babu, I did have a feeling it was a data feed issue And thumbs up for managing to answer the question without telling me to end my career! Although you did tell ddouglas to end his, but I can't blame you for that lol

Actually it's been understood now for quite some time. Again, you'd know this if you spent some time reading the thread, spesifically my reply to jerkstore on page 2. Why consider anything other than the ES? Because not everyone has the same criteria as you do when it comes to choosing a...

Right. If you bothered reading through the entire thread, you'd know my original question was already answered by Jerkstore on page 2. I know I was looking at the wrong instrument, and I already found the correct one (SPX Index). That is not an issue anymore. HOWEVER, I am still curious as to...

As said, all that is well understood already. However the question still remains, why can't I get any BA quotes for the Jun'12 SPX future options (SPM2) on CME? Are they really illiquid? CME reports 0 volume, so I'm guessing that's it.

Thanks, yeah thats what I thought...so everything is as it should be. Except when selecting the SPX future options (Jun'12 @ GLOBEX) I cant get any BA quotes on the screen, which is my original problem...anyone knows why? Retailers cant trade this?

Yeah, I write in "SPX", then click SPX->Futures->Jun->2012, and in the contract selection window I only see CME and GLOBEX as the options, no CBOE. Maybe I'm missing a data feed subscription?

Interactive Brokers or TOS (ThinkOrSwim) seems to be the norm around here.

In the Risk Navigator (Click analytical tools - Risk navigator)

Time to go short GLD Apr 2012 159.00 put.

Thanks for the reply, yeah I figured that was the problem. Anyways no big deal

Yes IB sucks for that stuff. Luckily IB allows you to feed their data into your own custom progarms or Excel sheet, so if you got some knowledge of programming or Excel you can analyze in there.

On the CBOE website it says the SPX index has pretty high options volumes, not sure if this is right but on IB I see no volume or no market makers (bid ask) for the CBOE SPX options? What am I doing wrong? The contract Im looking at is "SPX Jun'12 @GLOBEX" on IB.

Lots of people write for SFO and have their own webinars. Tick charts and phase indicators as well, it's not exactly magic...and many people make their own indicators these days. Look, I'm not doubting that his work has some value, I'm sure it does. The question is just how much. Well sure...

Don't get me wrong, I love buying books as much as the next guy. But before I buy something, I usually want to see some results. Is that too much to ask? I want to see at least ONE person who has implemented his ideas and can PROVE that they work. You said yourself the strategies are...

Hm, interesting...then I suppose you wouldn't mind sharing a spesific strategy or set of guidelines from his book (I assume you read it), that performs well without any use of TA. I have access to a decent database of historical data and it'd be interesting to test some of his strategies. Or...

It's several reviews, on amazon... http://www.amazon.com/Trading-Options-Expiration-Strategies-Winning/product-reviews/0135058724/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1 Look at the top reviews, some quotes: "not practical for the average option trader". "will NOT give you any...