SPX Credit Spread Trader

riskarb · May 18, 2006

Quote from optioncoach:

Potential Cottle discount coming for new seminar series videos..... stay tuned...

Oooh, oo oo oOO! Welcome back Mr. Cot-tle!

ChrisM · May 18, 2006

Quote from optioncoach:

I found an easier solution,,,, told him to stop looking at the @#$%ing monthly statements....

Thank you Phil,

I`ll use this tip as professional advice and would be no suprise if it works the best.

Sailing · May 18, 2006

Call Diagonal.... small credit.

Put Diagonal up $10.50

This volatility is so so so so... nice for Diagonals...

Murray

Quote from ryank:

Hey Murray,

How about an update on your diagonals.

ChrisM · May 18, 2006

Quote from Cache Landing:

Man, I gotta say. Trading today has been like watching paint dry.

This was very wet paint

clslaw · May 18, 2006

It looked like we were going to have a nice flat day. I walked away from the computer and the market fell off the edge. The only green I see on the quote screen is the VIX. :eek:

Aardvark · May 18, 2006

Quote from codyhopkins:

I have recently seen people mentioning Dan Sheridan. Has anybody looked into his mentoring program? I wonder how much it costs, and what your thoughts are about it.

Cody

Cody...I have/had been very seriously considering his course. It is $5000 and is over a 3 month time frame. They start with virtual "paper trades" and work up from that. I like the fact that it is over a period of time so you can work your trades. Discussion with sig other however said I was doing fine and probably wouldn't benefit. I also received a pm from a gentleperson who said they thought the mentoring program was better for the newby. So I'm still undecided. I believe I could easily benefit from some kind of mentoring and it would be well worth the $5000, however I don't want to do "paper" trading and would be more interested in advanced stuff. The problem with mentoring is that.... like when you hire a decorator...you are traditional and they are "art deco" it never works

andysmith · May 18, 2006

I was thinking about it too, but I wonder if his Income Generation videos get us 70% of the way there for free. Also, was live at one of his classes, upbeat interesting guy!

Quote from Aardvark:

Cody...I have/had been very seriously considering his course. It is $5000 and is over a 3 month time frame. They start with virtual "paper trades" and work up from that. I like the fact that it is over a period of time so you can work your trades. Discussion with sig other however said I was doing fine and probably wouldn't benefit. I also received a pm from a gentleperson who said they thought the mentoring program was better for the newby. So I'm still undecided. I believe I could easily benefit from some kind of mentoring and it would be well worth the $5000, however I don't want to do "paper" trading and would be more interested in advanced stuff. The problem with mentoring is that.... like when you hire a decorator...you are traditional and they are "art deco" it never works

rdemyan · May 18, 2006

As of today's close the SPX is only 13 points in the black for the year.

Aardvark: I think I'm gonna try to get out of my June 1355/1370 bear call now that it's almost 95 points OTM. Free up the margin and look for future trades. What are you going to do with yours?

P.S. I'll P.M. you about a strategy I'd like your opinion on. I'm not going to post here because the mud slinging and the nastiness in the forum is not appealing.

Aardvark · May 18, 2006

I had to check to see if I had a bear call

yess I do...and yess I will be looking to close...thanks for the alert..and feel free to pm.

ryank · May 19, 2006

Quote from rdemyan:

As of today's close the SPX is only 13 points in the black for the year.

Aardvark: I think I'm gonna try to get out of my June 1355/1370 bear call now that it's almost 95 points OTM. Free up the margin and look for future trades. What are you going to do with yours?

P.S. I'll P.M. you about a strategy I'd like your opinion on. I'm not going to post here because the mud slinging and the nastiness in the forum is not appealing.

Just post it out here for all to see, use your ignore button if need be. You can learn a lot from all the positive and even the negative comments that you get.