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I have short IWM strike 71 puts and calls expiring this week. The ball is skipping around the roulette table.

Dude IWM and SPY are the cows that keep on giving milk. I think ETFs are the best things to happen to traders since the invention of electricity.

Don't you guys love these choppy markets. :D Wow look at the VIX down -6.50% so far.

Oh well they are red now. nice surprise when I got back :) -21.4% on those newly shorted IWM puts :D someone has to take the other end of the trade and the risk :D I sold IWM puts (71 strikes) this morning for DEC I will be selling SPY puts monday for DEC I got OTM puts expiring next...

yeah but he lived and learned a lesson. LOL Gotta get in there and start shooting.

I trade infrequently. I usually wait for the moments that seem to be the right time to get in and get out. With HFT etc.. you cannot compete against them but you sure can profit from the whole HFT BS and choppiness. Just need to be patient and wait for the right moment. Some folks like...

Like the good old days :D

friday morning a few minutes into opening was a good time to short DEC puts.

People confuse the facts. You do not own your home until It is paid for. But if you were smart bought before the bubble took a 15 year loan and now own your home free and clear you do have more freedom. Ie: financial freedom For one thing For the new future though borrowing today to buy a...

Theory of relativity + time machine for neutralizing theta.

MSNBC still trying to push this stock. They have not idea how broken CSCO is on the inside, or the know and are trying to help someone unload a position. I see cisco hitting 18

LOL 211K thats shit. The 401K has been the biggest scammed pulled on the sheep in quite some time. 401K was never meant to replace a pension. 401K was really only meant to be used as a tool to help the wealthy shelter some assets. Somehow someone figured out how to scam the sheep in the...

here is a nice chart to demonstrate the warning.

Never try to chase that last nickel. How do you think those fools who were still short those CSCO november 22 puts must feel when they could have closed out for 7 or 8 pennies and now are short a shit load of DITM puts.

Sadly it is too late. You cannot roll back the clock. I feel sorry for the children who are going to inherent this disaster.

They wanted cuts in spending and shrinking the deficit. They shall get their wish. http://www.nytimes.com/2010/11/11/us/politics/11fiscal.html?src=mv The plan calls for deep cuts in domestic and military spending, a gradual 15-cents-a-gallon increase in the federal gasoline tax, limiting...

20% of QQQQ is AAPL CSCO is doing poorly and it is mismanaged. They keep spending big money on acquisitions and then squander the opportunities letting competitors eat them for lunch in those sectors. Here is a partial list #1 Wheelgroup #2 Protego #3 Arrowpoint #4 Perfigo #5 Aironet...

Amazing how far we have fallen over a 60 year period. Anyhow this editorial from jan 1,1950 is quite an interesting read and an insight into what our country used to be. Anyhow I could just imagine 60 years from now how far further will we fall.

Veblen good. All you need to do is sell something for a very high price and limit supply so that those with lots of money suffering from one or many DSM-IV conditions could go and buy this item so they can show the world how exclusive and wealthy they are. non wealthy do it as well but...

heh buy a home and get a free condo in florida!!! Wow think about it. http://www.cnbc.com/id/40109896 looks like folks still having a difficult time getting out of these bad trades. At the beginning of the housing crash, sellers would advertise, "Buy our house, get the flat screen...