Search results

  1. S

    New 2011 1099B tax reporting

    I have thousands of trades per year and I use Tradelog. I'd like save the annual fee. But I'm not so sure that one can do w/o it (or similar) if one has wash sales that carry over at year end. The only way to avoid that problem is to close all loss positions and avoid for a month or apply for...
  2. S

    upcoming fall of LVS/DECK/PCLN

    Have you seen the size of Captain Kirk lately? His shoulders are broad enough to hold PCLN up!
  3. S

    Weekly vs. monthly options series

    Take a weekly options and a monthly option. Pick 2 different strikes. That's a diagonal. If the monthly option has two weeks until exp, it's a 1-2 diagonal. If it has three weeks, it's a 1-3, et. al. for 1-4 and 1-5.
  4. S

    Weekly vs. monthly options series

    Puts more often but not averse to calls.
  5. S

    upcoming fall of LVS/DECK/PCLN

    It;s time for a lot of things to go lower. News has been quiet, fear is int he closet. Calling Greece. Hello Greece, come in. Do you read me???
  6. S

    Quick Trade - Options Buying Methodology

    True. It takes years to be a good timer but that's not necessarily a prerequisite to succeed. There are low risk trading systems where you don't have a clue which way the market is going. You only need to know how to take advantage of it :)
  7. S

    Quick Trade - Options Buying Methodology

    OK, you liked his book. Can't argue with that. I would think that if someone's advisory newsletter ran $10,000 down to $300, I'd be suspicious of anything he offered. To wit, he can't fish. He can't feed me. But maybe, if I'm lucky and work really hard, I'll read his book and figure out...
  8. S

    Quick Trade - Options Buying Methodology

    Stupid Investment of the Week Stories You Might Like BOSTON (MarketWatch) -- Michael M. from Louisville has decided to broaden his investments and to get some help. He's been shopping investment newsletters. "I've been investing for about 10 years now, mostly in mutual funds, and I think...
  9. S

    Quick Trade - Options Buying Methodology

    There are probably two people in the wrold who think that Bernie Schaeffer's advice has any merit - you and him. From Peter Brimelow in MarketWatch (12/23/10): “The Terrible Ten for 2010… Bernie Schaeffer’s Option Advisor, Bernie Schaeffer: -11.0%…” From Peter Brimelow in...
  10. S

    On Option symbols

    Anytime there are multiple symbols for the same expiry and strike, it's either due to an adjsutment in the underlying or it's bad Yahoo's data :)
  11. S

    Quick Trade - Options Buying Methodology

    Based on his performance over the years (see Hulbert), Schaeffer's methodology involve pimping bad advice for a fee... unless, of couse, you're referring to someone other than Bernie BS
  12. S

    Beginner's Option Trading System Critique

    All technical indicators are have usage deficiences. For example, If MA components are long, crossovers are late in/late out. If short, it's whipsaw city. A MACD crossover system can deceive you (buying below zero, selling above zero) so you have to use a reference in the price...
  13. S

    help? for people researching options training

    Here's what people should do: Buy a computer Read the internet Go to the library Buy financial books (options, stocks, funds, trading, investing, whatever) Paper trade Trade real money (small account) Expand size upon success Here's what many do: Buy options Lose money...
  14. S

    Weekly vs. monthly options series

    I gotta get into this bozo website stock tip shilling for $295 a month subscription stuff :)
  15. S

    Options education question

    Risk and reward go hand in hand. To generate a decent return, you have to take on some risk and therein lies the problem. Almost no option position in and of itself is 100% safe, including iron condors. I don't think that it matters whether you consider adjusting to be a continuation of...
  16. S

    Options education question

    If peeps could generate 30% a year consistently, do you really think they'd be pimping these make big bucks quickly trading courses?
  17. S

    Options education question

    Instead of trashing the poor guy you should be organizing ET so that we can pool our money and get a piece of that 99th percentile action :D
  18. S

    Oih

    What's the deal with the delisting of several of the HOLDRs? OIH is being replaced by the symbol OAJ... but I'm not picking up a quote yet??? :confused: CBOE Research Circular #RS11-840 DATE: December 20, 2011 TO: Permit Holders RE: Oil Service HOLDRS Trust ("OIH & adj...
  19. S

    Covered Call vs. Short Put

    Covered call writers never lose money on the options sold... tho sometimes the underlying stock gives them a wee bit of a problem :D :p :cool: :eek: :) :( :D
Back
Top