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    Good Read on the Real Estate Mania

    bubbles don't pop when everyone says the bubble's about to pop. never.
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    For Directional traders

    I guess it's all about how you want to play it -- do you have convictions as to direction, or not? For example, if you bought the sept 65s for, say 5.80 and sold the aug 70s for, say, .80 your cost basis would be higher (which would be $5.00, I believe -- I'm not sure I'm following on your...
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    For Directional traders

    Well, i tried but i just can't do it...buy straight calls and puts...too impatient, too freaky about the effects of leverage when the position moves a point against you. this morning I bought RIMM Sept 70 calls for 2.65, watched it chop around with the rest of the market, and...finally, I...
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    For Directional traders

    oh lord, given the amount of money i've lost (i'm sorry, i mean spent in "tuition") compacency is not an option (pun intended). and my recent streak is just that, a streak. but it's interesting to note that i never, ever had such streaks when i was trading spreads. now, don't get me wrong...
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    For Directional traders

    Something I haven't seen mentioned in this thread -- buying options is now the contrarian play!!! Think about it -- everybody and his Great Aunt Mabel is learning "can't miss" options "secrets" based on premium selling from TOS, Optionetics, TradingMarkets (gag me), etc. The smart money...
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    Next Week, What Do You Expect?

    "everyone" seems to expect a pullback. which means we won't get one.
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    How High Will It Go By Opex Friday?

    Not sure the futures are going to give you that lower open to cover your short. I'm in the same boat, by the way. What will you do?
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    How High Will It Go By Opex Friday?

    ...and that would be kerosene on the fire.
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    How High Will It Go By Opex Friday?

    Consider it a game, nothing more. Oil futures are tanking on the NYMEX as I write this -- a relief collapse in the wake of Dennis' evident failure to impact the oil infrastructure. This sets the stage for a nice gap-up tomorrow and then....? Fill in the blank... I say, marginally...
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    'Fess up - who got blown out yesterday???

    I was spot-on thursday morning, going long at the lows of the days, then turned into a butthead at 11:43 a.m. Friday, went short, and gave it all back.
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    best options technique for the retail trader

    OptionCoach -- You're sure right about calender spreads being all about i.v., but this is so quantifiable, don't you think? The odds of volatility crush are greatly reduced if your back i.v. is, say, in the lower half of 100 day s.v. while your front month i.v. is in the upper reaches of that...
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    best options technique for the retail trader

    This is the double whammy with options, isn't it? You not only have the same problem of your stock-picking brethren (and sisteren), picking the right stock and the right direction, but you also have to select the right option strategy to capitalize on it. In other words, you must overcome...
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    best options technique for the retail trader

    Hi -- I'm wondering if folks wouldn't mind speaking to what they think is the single "best" options trading technique for the retail trader Granted, there is no such thing as "best". But, for the purposes of discussion, let's say that someone put a gun to your head (in a very friendly...
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    Are all trading courses scams?

    Of all the billions of courses, seminars, webinars, you-name-it, are any truly legitimate -- e.g., do they actually do what they purport to do, which is to train someone how to trade, consistently and profitanly? Morfe specifically, has anyone on E.T. become a successful trader after taking...
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