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I had a systems architect create the programs and code. I feed him the information, data and logic and he would program it a step at a time. Then I would critique each step until it worked and we would move on. After refinements, enhancements, upgrades and updates it took him 2 years...

Its a 100% mathematical based system. Each evening I record the open, high, low and close of specific SPY call and put options. I then plug this data into a 3 completely different computer programs. The Trending program is a math formula than looks for numeric trend changes (or trend...

Sorry about that, for some reason the rest of my post didn't display, so please let me continue on and write it again: The combined logic in this mathematical mechanical system is extremely complex and produces from 6 to 12 trade signals a month. These signals are designed to be...

Hi, my name is Jeff Alvinson and I have been trading options for 10 years. Throughout those 10 years I have tried countless option advisories and newsletter, spending 10's of thousands of dollars. There was some success with a few of them, but all in all, I never found the kind of success that...

Look at the attached 10 year chart of the SPX with monthly candles and the 20ma and 40ma. Its possible the SPX is currently in the same pre-bear predicament that it was in back in late 2000 to early 2001. The 20 month moving average has been violated on a monthly candle closing basis and in...

"I agree riskfree, you don't have to be a bull or a bear, just be a trader." As the attached 3 month Dow chart shows, we are in a trade range (open attached chart). Short the top of the range and then after 3 daily candle lower highs, start looking for a reversal setup to cover and go long.

Gobar, Your right. The 32,000 puts in open interest on the April 30 put strike and today's put volume of 5,000 on the same 30 put strike is far more significant than the 35/40 Call Spread sold.

Riskfree, Your entry timing on the shorts may end up being a decent entry. So much of this weak market is news driven (mostly bad) from day to day. This has a tendency to trump technical levels of support and resistance. "This market is like watching a drunk walking a 100 foot tight...

If you look at the attached 10 year chart of the SP500 with the 20 and 40 month moving averages, you will notice that "bulls are struggling in an attempt to have March (2008) close above the 40ma." "Throughout the history of the SPX, if the SPX has a closing month below its 40 month moving...

Here's two reasons I buy options vs outright positions: Reason 1: Leverage. Real Trade example: On 03-19-2008 I bought SPY April 130 puts for 2.25 ($225). Sold them near the close on the same day for 4.25 (+88%). The SPY etf moved 3% (4 points) to generate an 88% option profit...

My guess is, many of the large brokerages on Wall Street are making the top 3 winners some decent offers for their programs.

If your a true trader you make money in both directions, long and short. That's means you need a free market that isn't stacked with biased rules, like the uptick rule (repealed July-07) and the NYSE trading curbs (repealed Aug-2007). Its bad enough to have the Fed stepping in every other...

Here's the VIX chart I forgot to attach the first time.

I have to say from an option trader's standpoint, this high volatility is what makes option trading profitable for me. In the years prior to July 2007 (but not including 2000-2002), when the VIX was in the 12-15 range, I was doing good to capture 1 account double in a year. Now my option...

If you look throughout history you will find that the best combination for Washington DC is a do nothing President and a gridlocked House and Senate. The country runs the smoothest and has the least amount of problems when "everyone's doing nut 'n."

"Isn't it Odd" Isn't it odd: "when banks screw up writing horse shit voo-doo economic loans on overinflated properties, we the taxpayers will pay for it." Isn't it odd: "when people buy homes they can't afford and sign falsified loan contracts they know they can't pay for, we the...

The attached 5+ years chart of the Dow Jones Real Estate Index says it all.

"Having the luxury of hindsight, its now obvious that all the de-regulation of previously regulated industries (financial & other) that took place from 1980-1988, has been the cause of the majority of bubbles and failures in our economy."

I totally agree with Jim Rodgers. I have been saying the same exact thing for years. The Fed is little more than a charity organization for the rich and greedy on Wall Street.

"Oh great, so its working again. Meanwhile I am late covering my short and missed my long entry....SH$$!"