Time to bottom pick

[scriabinop23]

Quote from eugenie98:

Look at all the covering the last two minutes of floor trading, from 100 contracts a minute to 1,500 contracts!!!, those punks waited until the last two minutes of floor trading before covering.


Or was that somehow related to the expiration of the MINY's at 2:30 PM? Anyone?

don't options expire today? i assume the qg is arbed continuously so it doesn't amtter.

 

[eugenie98]

Comanche mentioned options expiring today

I did see pinning occur with AAPL in December, IIRC it was pinned to $90 to maximize the number of puts and calls expiring worthless.

How do you get energy option quotes?

Interactive Brokers does not have them

I thought they were floor traded only?

 

[scriabinop23]

Quote from eugenie98:

Comanche mentioned options expiring today

I did see pinning occur with AAPL in December, IIRC it was pinned to $90 to maximize the number of puts and calls expiring worthless.

How do you get energy option quotes?

Interactive Brokers does not have them

I thought they were floor traded only?

nymex website has em

 

[jjgallow]

Lol....

This was a great thread that I just had to resurrect...All about finding the bottom when oil dropped to $50 back in Jan.

Not relevant? Just flip your chart upside down.

 

[Bear Plunger]

Quote from jjgallow:

Lol....

This was a great thread that I just had to resurrect...All about finding the bottom when oil dropped to $50 back in Jan.

Not relevant? Just flip your chart upside down.

Easier said than done. For example, Commanche (and a whole slew of others) finding the bottom back in July would have got you killed trading NG, there was a big thread on it. The point is be careful to jump the gun too early.