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I believe the thread did not go as the starter planned. He expected to be asked. " Congratulations, please please tell us how you made such an incredible return" and he would come back with a statement like: "Well, because you are begging, I should say that I used the following website...

Use the formula that calculates the option price and tap in different IV and see the results matches with what you see.

I have been following WB for a while. I was on the short side for a while and now I am long. I can see that someone(s) is accumulating the shares. WB or financials might have a rally in January. At least temporary. Today WB is up 50 cents.

A few points: You said "one of your accounts". How are you doing in your other accounts? Are they up at least 5%? How much was the original money in your option account? Wasit 2K? In that case, you did OK and nothing exceptional. If it was 20K and higher, you did good. If it was over 100K, you...

Yes now that I look back, I would prefer Index over individual stocks. I used to sell naked options on about 10 stocks. Once I got huge money by shorting straddle on 27.5 on Xilinx. It just closed exactly at 27.5 and I got rich and also cocky. Once I had 16 naked Puts on 27.5 on Xlinx and the...

I had some occasions that a 5 cent naked Call or Put shot up to $2 just one day before expiration. So my suggestion would be to cover naked options that are at 5 cents.

I have been in trading since 1995. Since 2003 I started to sell naked OTM Call and then sell OTM Put for the same stock to maximize my gain because the second trade did not need any more margin. I was successful and if I was assigned a stock, I would sell the stock in the market and sell OTM...

With all due respect, I still have doubt in that comment. If you have a good money management, you can be profitable in Option while not being good in trading stocks. I am not even sure on what I believe but my point is that I am not buying your statement. At least I have strong doubt on that.

He calls it neutral because it is a neutral strategy but NOT neutral in risk. You trade that strategy when you are neutral on that equity or index. I have done it 1000 times. 990 of them worked and 10 of them wiped the profit of that 990 ones!!

I am in that mailing list. No way those trades made such a gain. I joined in the last 5 trades and I was monitoring the trades. You made a profitable trades to get even. Please show how you did with starting 2K and how many options your traded easch time. I don't want to know because I am...

I was surprised to know that Curtis was broke at the end. Almost. He says that at the end of his book. I believe most of his income comes from selling his book.

same here in NH. First I thought it is from my network connection.

I have bought WB. Nice crawling up.

Covered my short position yesterday and went long today. It seems obvious that it will hit $41 next week. Safe bet.I believe.

You have the crystal ball. You should tell us what is the best stock for 2008. The best stock for 2008 is the one that drops less that 20%.

I guess you can not sue them because they can liquidate the shares for many reasons. One of them is that you get a margin call. The other one is that the shares get called. If even one share was traded high enough to make your account margin requirement negative, they can liquidate some shares...

Different people interpret a chart and use TA differently so which TA we are talking about? Two traders use TA on the same stock and one loses and the other one wins. So is TA bad or good? Another point: A trader loses for 2 years and then learns from his mistakes and makes 5 years of...

Are you a top gun jet fighter?:D

It depends on your broker and the strike price of the option. Check out your broker's website. For IB The min is $250 For out of the money you need less collateral because you are more safe. Say if you short a call 150 while the stock is at 140 you will need The max of (250, %10 of 140 or...

Your number of posts as of now which is 70 does not prove what you say. I mean those members who are everywhere post 5000 times a year !!!. I think you also change your name :D