ES Journal Archive (2009 - 2010)

[Kedwards]

999 touch and quick retreat, attempt two coming up? Wish I could watch it all night.

 

[wmb]

Quote from Decel:

Ooh what was that link again? I'm too lazy to search through this behemoth thread.

http://bestsmallcapstock.com/win-more-with-better-stop-placement

 

[Decel]

Quote from wmb:http://bestsmallcapstock.com/win-more-with-better-stop-placement

Thanks!

 

[jason586]

Quote from jason586:

Short (3) 984.25

Stopped (1) 987.25, (2) left

Stopped (2) @ 996.75

Reshort (3) @ 1002.50

 

[ammo]

Quote from volente_00:

If the put interest stays high, bears will be hard pressed to get cash under 977 by friday. What you want to watch is if there were a lot of new writes at 99 and 100 today on the calls, which we won't know til tomorrow. If there was, then we hold 1004 and could fall back down to 977 by expiration.

http://www.optionpain.org/option/OptionPain/Option-Pain.php

 

[ammo]

it was 98 on sunday nite and has not moved

 

[volente_00]

Quote from Decel:

Vol didn't you say that the high or low of the week is usually done on a Wednesday of an Op Exp?

Seems we made both the low (or close to) and high this week... :eek:

So, I'm assuming that we're in no-man's land right now?

It happens often, here recently it has carried into thurs morn.

 

[volente_00]

Quote from ammo:

http://www.optionpain.org/option/OptionPain/Option-Pain.php

Max pain does not work as well with index, to hard to push compared to companies.
I'll go out on a limb and say we still grab 1004 cash and then fall, settlement around 987-991 on friday.
fwiw, if THEY really wanted to burn the bears, a majority of the 100 calls were wrote with $2+ premium atm, so THEY don't lose unless spy close above 102.

 

[jason586]

Quote from jason586:

Stopped (2) @ 996.75

Reshort (3) @ 1002.50

Out (1) @ 997.75

 

[volente_00]

Do you really want to be long above the magnet ?