Search results

  1. S

    sectors and industries

    Click on any sector and you'll get the sub-sector numbers as well: http://clearstation.etrade.com/cgi-bin/Itechnicals
  2. S

    Boiler Room Call

    LOL. I was an IPO whore in the 90's and was on the call lists. Without exaggeration, I received calls from 100's of brokers a year (tho some were probably from the same firm). My favorite TV show was Flipper :)
  3. S

    Boiler Room Call

    What we've been doing to take advantage of this opportunity is buying anywhere from 2 to 50 thousand shares for our clients. I'd like you to start off with 5,000 at 7. That's an investment of 35 thousand. For every 5,000 shares you will make a $40,000 profit if we're dead right. If we're...
  4. S

    Options Strategy

    OK, there's limited risk in BUYING options. So what's your point? That you think that I think that you don't trade both directions??? LOL.
  5. S

    Pre-Market / Afterhours

    It's the stock exchanges that are closed, not the markets so what you're seeing is trading on ECNs (electronic communication networks) which facilitate trading outside of stock exchanges. Do not trade in after hours (AH) unless you clearly understand what you're doing. Spreads can be very...
  6. S

    Conservative Buy-Write on HNZ

    Don't be a hypocrite. Take your own advice when participating in other people's threads:
  7. S

    Very high premium on ITM iron condor

    The reason that repliers focused in on achieving such a position is that seasoned traders know that in order to get a risk free position, 1) you have to leg in or 2) something has been overlooked and you're in for a rude awakening when you find out what it is (non standard options, etc.).
  8. S

    Bob Pisani Drives You Absolutely Nuts!!! Arrrgghhhh!!!!

    You can get a lot out of CNBC if you watch it with the TV off :)
  9. S

    Trading range contraction

    If the range is big enough you could do any option strategy that profits with movement: straddles, strangles, butterflies, double reverse calendars, etc. On days where the UL reverses, you might even nab something on both sides... all theoretical of course because you have to accurately...
  10. S

    1930 Rally ended on April 16

    Just to make sure that you don't miss the next 80 year rally, buy some at the money 2090 calls !! :D
  11. S

    Protection against gaps

    In order to minimize the loss from a stock gapping against you you're going to need something that makes money when that happens. A pair might help unless it's stock specific news. In that case, only a protective option will suffice. But since you stated that you're not interested in pairs...
  12. S

    A High Income Strategy for a Retirement Portfolio

    Good post with lots info for OP and others. Regarding your fear of annuities, if you have the good sense to get out of the way of being invested in stocks when it's time to take cover, you can do the same with the annuity by going into cash. AFAIK, the only drawback is that you don't amass the...
  13. S

    A High Income Strategy for a Retirement Portfolio

    WAVE and I suggested variable annuities to the OP on page one. SCATAPHAGOS and I debated them on page 4 and 5 before you chimed in with your comment that annuities are a scam and then your subsequent replies about deceptive advertising, rider fees and lost control of money. I hate to break...
  14. S

    New options trader needs help.

    Hate to split hairs but value is different from premium. To wit: Premium is linear so if you had a $50 that split 2:1, you'd end up with two $25 contracts at half the premium - all other factors remaining the same (IV, time, underlying price, etc). The premium changed but the value of your...
  15. S

    Very high premium on ITM iron condor

    Yes, something is missing. The only way to get a risk free trade is to leg in. Floor traders would be all over anything risk free, ala conversions, reversals, etc.
  16. S

    A High Income Strategy for a Retirement Portfolio

    Your 1% cost is exaggerated and loss of investment without a death benefit rider is incorrect. Your heirs get the invested principal upon death (assuming no withdrawals, etc). Zero cost for that. Nada. Zip. Zilch. If you want your heirs to get potentialy higher contract values due to a...
  17. S

    Very high premium on ITM iron condor

    This isn't an issue because it's risk free (at least as presented so far). I'd load up on such a trade 24/7 since once in awhile you get a favorable expiration... or even a favorable underlying position a week or two B4 expiration.
  18. S

    Very high premium on ITM iron condor

    Dividends have no bearing on the trade. You have a dollar of risk and a $1.05 credit. As MTE said, it's a risk free trade as long as the contracts are standard. If they're adjusted then you have a problem.
  19. S

    Why do some small caps tank on option expiration day?

    Hey, it's not my fault that you stunted your developement :D (ducking)
  20. S

    Why do some small caps tank on option expiration day?

    It was a down day on the "Lude" bb :p
Back
Top