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Thats about how much I stand to lose as well. This definitely sucks!

Thanks for the advice NoDoji.

Any opinions on MON options expiration tomorrow and where we'll be? I got stuck holding a crapload of JUN 08 150 calls, got greedy, and now I'm paying through the nose. Anyone in the same boat?

I pulled out of the order 2 minutes before market open...man am I glad. Looks like it's headed south (maybe only momentarily) for the adjustment the shorts were talking about!

Anybody going all in tomorrow on any BIDU calls? I am queued up on a APR 08 310 call, only 1 though as I have managed to blow out nearly 2/3rds of my already meager TOS account in 3 days. I'm gonna be pissed if I get filled and we drop on open...

I am thinking about positioning myself this afternoon for tomorrow morning. Still a newbie struggling with whether its better holding an overnight pos vs trying to get in at market open. Any advice? On BIDU I will be doing some April 250 calls and GOOG will be some April 480 calls. Does...

I had the same experience once, on a BIDU put as well. I am a rookie trader, but my guess is that its probably a little of both-time erosion and bullishness. I have seen some of those puts gain traction though, but only when BIDU gets a price adjustment., like when it would tank and lose 15-30...

thanks folks

Would anyone be so kind as to direct me to a (or some) website's where foreign/global exchanges can be tracked 24 hours a day? Thanks everyone.

I like to daytrade RTP and Bidu because when they jump they really jump. In my opinion though these are some of the riskiest stock options to be daytrading, even riskier to hold overnight positions with, and kind of crazy to hold over the weekend, unless it's really close to expiry time in which...

Hey everybody thanks for all the tips, I am glad to read that it looks like everybody on the thread has gotten some direction and/or had the chance to share. Good lookin out!!

My uncle had a Vega, and my brother was a greek LOL!!!Yeah no kidding. Thanks for the direction fellas, I will commence world domination tommorow on my simulator and keep you guys posted!!!

SEMIOPEN, WOW. SO I NEED AT LEAST 50K TO START. ON A LONG POSITION DO YOU MEAN NOT TO HOLD IT LONGER THAN A FEW DAYS FROM PURCHASE? PUTS AND CALLS OR ONE OR THE OTHER? THANKS AGAIN, IM REALLY GREEN, SORRY IF THESE QUESTIONS ARE REDUNDANT.

Hi, I am new to options and would like anybody's advice on a good options trading firm, trading restrictions for a new options trading account, and capital investment requiements for options trading accounts. Links to old threads would also be highly appreciated. Thanks again!!

No kidding, but I still dont understand how to place these. Anyone have a quick tutorial on puts?