Been awhile, been studying hard for those GMATS! Taking them in two weeks. Here's what I've been up to: 1) Took some profits in ELN 2) MO...
New York City is best but I would be willing to relocate myself anywhere for the right position.
Any advice or thoughts on the best place to find bottom level clerk or assistant positions? Where do they like to advertise (if at all?) I'm...
I was digging through the Mcmillan book, reviewing the part on the greeks and had a theoretical scenario to throw out there: Lets take a stock...
Opened up an account with IB. My first position with them: JAN GOOG 490 - 500 Bear Call Spread Credit: $140 Looking good. It's beer money.
Thank god for New Years! If I had my mind on the markets instead of all the chicks I was going to make out with on NYE, I would've lost some...
Just some updates to the real account: Close 2 MSFT Jan '07 25 C for even Sold 2 ELN Jan 15 C for .45 Sold 2 MO Jan 80 C for .55...
What are some opinions on a risk/reward profile for various option writing strategies? I've been plugging some numbers into optionsxpress trade...
What a lesson indeed! I actually could have sold all 35 calls for a $700 profit immediately before the announcement and only made about $500...
Great day in the markets! ELN up over a buck. MSFT, whats going on with that? I hope its got something to do with options expiration otherwise...
Optioncoach, Thats a good idea. I think with any naked writing strategy its best in the long run to hedge positions. Especially when selling...
The last case came out at 10:30 am I believe. I don't know about this case though.
Optioncoach, Your point is well taken regarding paper trading. I know I personally don't take it as seriosly as my real account. I would have...
Wulfrede, Thanks for the reply. The MYOG trade was based on an idea to sell lots of premium based on volatility. I did a quick search for low...
This is definetely a good point. One is much less carefull with a paper account then a real account. In my real account I only have three simple...
Seriously coach, chill... I realize that it has gapped in the past. I entered this position based on a low ratio of historic versus implicit...
Well it struck: Sold 17 MYOG Dec. 22.5 C Sold 16 MYOG DEC. 17.5 P MYOG gapped open today to ~$27 on some drug data. Loss on position was...
I do have some naked puts in my paper account. They have been extremely profitable so far. I've been doing some reading on Condors, looks like...
The recommendation I have recieved when the underlying goes against the position is to always wait. Also never 'leg' out of a combination...
So I'm guessing from the two respondents that you would not recommend writing strangles as a viable strategy? Are there circumstances where...
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