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For me, QCOM was more entertaining to watch than the super bowl or world series back in those days. I recall in late 1999, it had gap open mornings for like 5 trading days straight. Every day it would pop $30 or $40. But without question the greatest fade I have ever witnessed was on the...

I just unloaded the remaining half of the $250 calls for an additional 50% gain on top of the initial 35% profit margin. PPS has been very strong the last couple days here, but I do not want to stick around too long.

I just sold the entire position here at $3.49. I wish I would have caught this a bit earlier, but catching the ride for nearly $1.00 is pretty good.

Took a long position today at $2.78. The last couple trading days the volume and buying power has been massive. Normally I would wait for a stock that has run this hard, but if you look at the short term chart, it really wants to make a run a November highs here to possibly close that gap...

looks good. Too bad this was not a stronger green day for the overall markets. My $250 May calls are now up like 35% since I bought them last week. Eventhough the PPS has moved strong in that time frame, I payed a high pre-earnings price for the IV on the calls. Now today IV has gotten...

I got in yesterday at .65 on those FAS $10 strikes. I am taking my whopping 35% profit here on the news and running. This thing could flip flop either way right now. No need to be a hero.

Making a run at 90 day highs here. Technically looks very nice. I got calls. Excerpt from TradingMarkets.com Baidu.com (NasdaqGS:BIDU - News) is due to report first-quarter results after the close on Monday. Analysts expect China's top Internet search company to report earnings of $0.75...

I have some May $10 calls that I am babysitting with a tight stop.

I loaded a bunch of medium term notes back in early March for like 30 cents on the dollar. They and the shorter terms have all now nearly doubled. IMHO the best indicator we have is not the stock market, but the debt markets. Ford should really not be lamented in the same company as GM and...

OK - broker dealers will vary and certain stocks void the guidelines above. But assuming they did apply, for number 1 in addition to the premium you would need $140K, number 2 $70K, number 3 would be $125K. So looks like initially you would need $140K for your example.

I forgot to mention that. The margin requirements changes on a daily price as the underlying PPS fluctuates. Rather than thinking about all this premium you could take in by leverage/selling naked puts, you can very effectively and practically utilize this strategy as you would putting in a...

20% has always been "the number." But I doubt that holds true now in this environment. Right if you enter an order to STO for a put at the current bid price, you would get hit and be writing or short the put.

Don't worry about the article. If you wrote 500 contracts, you would need $350,000 at least in cash to cover those shares if they are put to you. Assuming Yahoo is 50% marginable with your broker dealer and assuming the price does not fall even more, then you would need more cash. And as...

Is there a way using some kind of ratio, or combination of long stock, short calls, long puts that you could create the equivalent of a short position at current PPS levels on GM?? What I would like to do is create a spread where this is one side and the other side is going long medium term...

As long as you can borrow the shares that long and the ask with those prices you quoted has enough contracts for you to get, without you having to chase it, than its an extremely high percentage trade. Remember if the profit margin is like a quarter as in the Aprils, there is not much room for...

I can not click on that link you gave until tonight. So you are saying that you were able to find long stock/short SSF opportunities where the stock price was > than the SSF price? I would not expect you to divulge specific details, but knowing that there is would be very hopeful. I would much...

IMHO scalping does not have risk. Let me explain. Between 2000-2004ish, in a pre-SUPERDOT world, the DOT trading platform at the time was like walking down a gorgeous pasture just full of endless pennies. In a nutshell, you could trade SPY, DIA, QQQQ on the DOT trading box, you could see...

Thanks for posting this. I think at the individual level the biggest risk is C.) that you point out. Is there a broker dealer that is gonna let you borrow MGM shares for 40 or 70 days?? Would be curious for input on that. At the institutional level its scalability and liquidity for sure...

Thanks for mentioning this. What I meant was in the context of timing. Say if you bought one of these leveraged ETF's and it tanked on you by $40 because you bought it at $100; you would have a much better chance at buying something like FAS in the $2 or $3 range if we were close to a "bottom"...

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