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Trading results 4/19/10 Good day that looks bad I traded MEE today several times with an average buy better than sell so the trades turned out to be well done. I also brought my cost basis below the closing price so I am in the green with MEE now. I also wrote options against my MEE long...

Wow GS lost about 28 Billion dollars in valuation in about 45 minutes I was trading the options and I was selling the puts as the IV was running well over 200%. I might next time in the same situation just buy the calls because if GS would have found no support it may have become ugly. As it...

Busy day and lots of trading I ran out of time so I didn’t get to post my results until the next day but it was a tough day will a key mistake in the open. I had some confusion with bids to cover BTH during the open and ended up pulling most of my bids as I thought many had been doubled up...

Thanks Hermit : o )

trademonster12 really? As in really you believe this post adds value to this website? This is the kind of place we want and this is what we do to each other? "evidence" appears that you have more than one log in account and perhaps are in violation of rule 5. Unless of course you opened...

would have been great and maybe its something to think about in the future. your post misses on a couple of things from as far as I can tell. 1. if you know something do you actually buy the 155 puts when you simply can buy the 165s at the same price? sounds more like covering than opening...

How many wrote these two weeks ago and were sitting great and like you said could have covered for a penny but didn't want to spend the commission because there was no reason not to just let them die out...... I wrote 165, 160 and 155 puts and ended up covering the 165 for a small gain and...

Like I said I have not tested this and I must say a lot of good points are being made. I could have quoted a could of posts that are very good but I picked this one because I think its the most important to think about the reply. ALL and I mean all except option buying has a potential loss...

Its a great idea the SEC has. Lets limit volume on the exchanges. Nothing like a drop in liquidity to move stocks higher. SEC is like the DEA, very very dangerous

As a rule I have found that when selective (like dont go against the WSJ) fading rumors works usually. I made two news trades today and one was PALM. I did go long which is the exception for me but I kept the stop loss VERY tight as your paper burns have been real burns for me often in the...

I made some late night trades with futures and some very early trades this morning as well I ended up running late to the office as I wanted to be short the 30 yr bond but it started moving past my entry I did not leave the house. As it turns out it was the peak of the day but I end up...

Your approach is well thought out. I was thinking a different angle though. I was thinking if one was to sell ITM calls on both the long and the short 3x ETF. Selling an ITM call is near a sytheic short and while not as good as a short in some respects (like limits on gains) it has some...

Active trading day I traded a large amount of MIPI shares looking to see some carry though with the gap up but it was not meant to be. Closed out right after the bell. -805 MEE slid after the open for the rest of the day. covered all but the odd lot I have with options including those that...

Long ABK huh??? Where would you get a crazy idea like that ?? : o )

I have not looked at this idea in over two years when I was running numbers on some of the trades that could be done with the contango with the oil ETFs. I would guess the quants have this figured out to the hundredth or less of a penny but couldn't options be used with this concept to...

Mixed day today I covered some of MEE even in premarket trading but added some on dips and covered 100 shares with an April 47 call option. Still holding MEE and plan to hold and trade around the core and will be looking to write more options through the week as Friday is expiration day...

All you need to do is take a look and you can find many areas where the government has been able to make some change and get the job done. Examples include: Amtrak, they only lost $32 per passenger last year. USPS lost $3.8 billion in 2009 (FedEx made $98 million) Medicare - will be broke...

Great Friday and even saw the Dow at 11K for a very brief moment All winners today and some of the trades was about as hard as reaching out and catching money that falling from the sky. The spreads and the trades with BTH at times was amazing. I would take a stock like that anyday. a little...

A lot of people "NEED" quick loans. I bet that "need" is most common on a Friday or a Saturday when the ability to say "no I can't go ____ because I can not afford it" is absent from the vocabulary of many of the people using the services. Are the people using the services paying to high a...

Gubinec, Respectfully you are not correct. There are several reasons why calls being more active than puts can have an impact on prices. Firstly and most important is if the counter party is a market maker. Considering how the CBOE and others in my opinion are criminal in their non level...