My Options Play

Status
Not open for further replies.
Quote from Multioption:

FYI: My technical tools are EMA, DMI, and MACD in addition to weekly, daily, and intraday charts. :)

So welcome back! Could you post some charts as they apply to PEET right now ?
 
Quote from Multioption:

Thank you for that reply. I wonder what members of elitetrader have got to lose from watching my picks!

welcome...

I think they might lose some confidence seeing others who actually demonstrate a sense of what they are doing, and why... and actually succeeding within a reasonable and flexible plan, or if not, accepting full responsibility for said action. The fact that another ET.com member expects to "learn" by you telling him what to do and why... as a primary reason (per what he said in his earlier posts) from reading your trades already implies maybe he's not yet able to stand on his own two feet, and take the necessary risks inherent in more active market participation.

The reason I have typically posted trades on message boards and made public market calls is so I have a record and a memorial to show to myself that I can stick to an idea, and when necessary abandon it without emotion and not look back. Others who mightt read such calls and trading ideas are quick to point out wherein you (I, or any other public poster) are hypocrites for not taking such and such action(s) once a trade goes adverse to expectations... kind of like the WWF. :p

... meanwhile keep an eye on IMCL and BBY .. both had excellent option trade entries from their lows earlier this week... IMHO. I am spread on both with front month calls sold against Dec and Nov premium in all my accounts; hopefully I don't miss next week's expiry pins on these stocks by more than .50-75c... but if so I have a plan to manage said option positions for profit.

I almost jumped into your idea on TRID when it sold down to -29 as I expected to se it arbed back above 30; but I really want to go into more cash at end of next weeek.. and gear up for the next 2-3 months of good trading opportunity with losts of available liquidity.


IcE
:cool:
 
Quote from uninvited_guest:

What a terd.

don't feel bad ... the truth really hurts guys like you! I got an idea though..... maybe you can try out for that beer commercial......you know, the one that says men shoud act like be men ! :eek: :D :D

Good (luck) trading... you'll need it!

(last comment)

p.s. what in this life is not a gamble to some degree ...
 
Quote from iceman1:

... meanwhile keep an eye on IMCL and BBY .. both had excellent option trade entries from their lows earlier this week... IMHO. I am spread on both with front month calls sold against Dec and Nov premium in all my accounts; hopefully I don't miss next week's expiry pins on these stocks by more than .50-75c... but if so I have a plan to manage said option positions for profit.

p.s. regarding BBY it gapped up today... so those who are short term guys looking to swing a short... BBY could indeed sell back under 42.50 monday or tuesday (perhaps even below 42)... if it does not then perhaps we have a moderate 'breakaway' signal to add to or get long... into Holiday season.
 
Quote from Multioption:

The thread is not meant for you, so can you, please ignore!:)

As long as people know you are gambling on VERY HIGH risk options and don't buy when you post your live trades.

This thread is really for entertainment only.
 
Quote from uninvited_guest:

As long as people know you are gambling on VERY HIGH risk options and don't buy when you post your live trades.

This thread is really for entertainment only.
As a reminder...

Quote from Multioption:

Order placed:

Action: Buy to Open
Options' symbol: .UKQJF (OCT 30 Call)
Underlying security: PEET
Entry Price: Limit 2.20 DAY
# of contracts: 40
Order Status: Filled at $2.20/contract

This is a risky trade considering the time left to expiration. My stop loss at 1.70 below the entry price.
Yeah!! Please, I still wanna learn from you how to trade!
 
Status
Not open for further replies.
Back
Top