Search results

That's hard to determine because the size of the miss will usually determine the adjustment in price. Mutual fund and Money Managers will now plug WTW's new earnings and revenues data in their value formula's and re-adust the stock price of WTW accordingly.

Ryan, With the earnings and revenue miss, WTW might eventually be a $57.00 stock before the next earnings report. Look at the attached WTW chart. The 80 week moving average is a revision to mean level (57). Many stocks (but not all) that miss earnings revert to mean value eventually before...

falcon, Did you buy lots of expiration time on these paper trades? The single biggest regret of all long straddle/strangle players is: "The stock eventually did what I thought it would do, but regretfully I didn't buy enough time!" Jeff

Ryan, Implied Volatility on options the day after an earnings report usually collapses and this appears what has happened to WTW, combined with the fact that there isn't adequate time left on the options. You bought out of the money, therefore you paid for very little time premium and mostly...

This morning I mentioned the SPY opened below its (PP) Pivot Point and was heading down to (S2) Support Level 2 and then it would bounce off S2 and then head back to the PP. Take a look at the attached chart of the SPY Pivot Points now that the day is completed. That was textbook...

Ryan, I have your WTW strangle up on my live IB Trader Work Station, that way I can keep an eye on it while cheering you on! I also have the YHOO straddle that I formulated earlier today on my TWS as well. That way we can monitor and compare a high IV very short term earnings play...

Ryan, A $650-$700 with 3 days left before expiration.....Yikes! I could never do that even when I was young and daring. Jeff

Ryan, You make a real good point and actually that point your making is the million dollar question for straddle/strangle traders. Another thing you could do with the higher IV trades you like is simply buy cheap Out of the Money puts as a hedge when your Primary trade direction is wrong...

The SPY opened below its Pivot Point (135.20) and has so far been working its way down to Support Level 2 (134.41). I suspect it will bounce at or near S2 and at least head back to the PP.

Ryan, We did these over a period of years and we got better as we refined our rules. An average 4 trade month would result in 2 winning trades, 1 break-even trade, 1 small to medium loser. Normally it looked like this: Two 50% to 100% winners. 1 Break-even. 1 Loser of -10% to -33%...

Ryan, That's interesting that you mentioned straddles and strangles. In the 1990's my wife and I would place a new set of 4 straddles or strangles every month after expiration. We learned from Don Fishback and then as we gained experience we applied some of own refinements. This wasn't our...

Here is W/L 40% with that method: 10 Trade Month: 4 X 100% Winners = +400% 6 X -50% Losers... = -300% Net......................... = +100% (+10% account gain) You can see a +10% account with W/L 40% isn't nearly as good as a +25% account gain with W/L 50%, but on the other hand it...

You started this venture with $2,700 late last year and your up about 200%. So keep doing what your doing....your learning on the house's money! If you have a big reversal in fortune set a minimum account limit that you will let it drop (like $5K....or $4K. but don't let it drop below...

I am not quit 75, but I agree with Montana being a younger persons home. We moved here from CA because my daughter got a divorce, so she needed help. In April 2011 we left CA and bought a house here in Montana and moved our daughter and 4 grandkids in with us. So we went from 2 old people...

In the 1990's I overtraded frequently. Now that I am old I just sit here and wait for the trading program to spit out a trade and then I sit and wait for the possibility of a fill. Its actually kind of boring on a snowy winter day in Montana (like today) to sit here and do nothing.

Last night my trading system had an output for a put trade: 02-10 *FEB133C 2.68 2.81 2.97 2.29 2.74 2012 *FEB137P 2.24 2.07 2.67 1.89 2.05 P7 P7 P23 PL4=DN PM25=L5 C=39 EM=6 +++ P=21 EM=29 --- R=1.9 SL1=P FEB137P BUY LIMIT=1.50 SELL LIMIT=2.10 STOP=1.10 The...

falconview, "I am also really enjoying this thread, nice thread Ryan!" As to your comments about the VIX, you hit the nail on the head! I have been trading options since the 1990's and the most difficult thing to figure out.....the thing that made me say, "what the heck has happened to...

Ryan, This morning around 10:30am et I bought the SPY FEB133 Calls at 2.35 and they already sold about 1:30pm et for 2.94 (+25%). The last several years, I have only traded SPY options using a computer program of straight buying and selling of calls and puts. My orders are all placed as...

Ryan, I think your doing a great job this year! I do have a past experience story from my years trading options that you might consider as the SPX (see attachment) approaches its 3 year high (1370): Many years ago (1999) while in a powerful bull market, after having a terrific option...

gmst, You have a good point. Know I haven't researched what you said above. For me, it would be difficult to use that kind of data because all my option trades are purely mechanical trades with semi-automated buy/sell/stop combination orders. Very little human intervention. But you do...