My Options Play

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Quote from optionpro007:
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Another big problem I had was getting my stop losses filled at the number I had submitted. With IB I have always been taken out anywhere from 20 to 50 cents under where my stop was placed. But at the exact number on my profits stops.
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Why don't you use stop-limit orders? When your stop price is hit a limit order is open, not a market order as in the case of the stop orders.
 
Quote from uninvited_guest:

Option Party?
3 trades in over a month and 100+ pages, more like an Option Funeral.
Uninvited guest,

If this were a funeral, why are you still sticking around? Do you like funerals that much?

3/3 correct predictions over a month is better than 1/10 prediction in 2 weeks. Experienced and Profitable Traders know that it is not the number of trades that you make that matters. But you are not a profitable trader, so I don't expect you to know anything about that.

Having 100 pages in a single thread is an EXCELLENT thing. That shows that the topic is interesting and people are reading it and making comments. That's what Forums are all about!

Frankly speaking, your frequent childish out-bursts of stupidity is getting on my nerves. If the number of pages on this thread bothers you, simply don't read them. Let me say it as a Texan would. "Go to Hell!"

If I were a moderator, I would have banned you from this forum because you make every attempt to derail threads. But then, your stupidity could be entertaining sometimes. :D

Wandering Newbie.
 
Quote from Multioption:

APA Nov 65 Call
Filled price: $3.00
# contracts: 40
Delta: 0.703

Expectation: A sharp rise to $69, then $70+

Any hint as to why you took this trade, or are you still holding the reasons tight to the vest? :D

Thanks,

- The New Guy
 
It seems that TOL's bad outlook affected HD too as I was feeling and told you guys a few days ago. I think now is the good time to do that trade. I also strongly believe in the following safe trade.
Combined order of
Buy Call 20 Nov XLNX
Sell Call 22.5 Nov XLNX

It won't double your money but good rather safe profit.
My positions are also attached. A mixed bag:D
 

Attachments

Quote from hajimow:

It seems that TOL's bad outlook affected HD too as I was feeling and told you guys a few days ago. I think now is the good time to do that trade. I also strongly believe in the following safe trade.
Combined order of
Buy Call 20 Nov XLNX
Sell Call 22.5 Nov XLNX

It won't double your money but good rather safe profit.
My positions are also attached. A mixed bag:D

So u only sell options?
 
So u only sell options?
95% of the time. If I am bearish, I sell CALL and if Bullish Sell PUT.
If I see that I am getting assigned, I shoot it to the next month. Basically I am selling time.
Most of the time, I sell both PUT and CALL to get more out of money.
 
Quote from hajimow:

I Put an order to buy 2 CALLs APA 65 at $2. Not filled yet.
I don't know the stock at all :eek:

Bid/Ask is 2.55/2.65 for your order to get filled the stock must go down, but you're bullish buying calls. Makes no sense.

You must enter a market order or limit order at $2.65 to get your order filled.
 
Bid/Ask is 2.55/2.65 for your order to get filled the stock must go down, but you're bullish buying calls. Makes no sense.

You must enter a market order or limit order at $2.65 to get your order filled.


I know what is bid and ask and I know that in order to my order gets filled the stock should go down. I put that trade to get a probable spike. The day range for the option is 1.8 to 3.3 (I think) so my $2 is in the range. Since I don't know the stock, I just put 2 contracts and I am not so eager to get it if it goes through well I am happy that I did not buy at the peak. I am sure Multimillion knows what he is doing and that does not mean that he might not lose . I hope he will win.
Even if I knew the stock, I am always patient to get a deal. I don't need to chase it when it goes up and my $2 price does not mean that I am bearish on the stock.
 
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