I Know that I can't hit the tops and the bottoms. What I'm doing is looking for a setup (i.e. a divergence) and then an entry (i.e. some price...
U_guest: Looking at VZ's chart (attached) I see a bearish divergence. I'm certain about it. I'm also certain that this means a higher than 50%...
I trade to make money. Each potential trade has to meet my requirements before opening it. One of them is a minimum reward / risk ratio. Also,...
You may be right about BRCM. I am tempted to play it short-term long with a target around $47, but the market mood seems to be sour so I'll stay...
I didn't get filled on my $3.8 limit order as AAPL gaped down. I'll not chase it.
VZ had really good results. It gapped up close to my 31.5 stop loss, but the IV dropped a little, about 8% from 24 to 21%. Did you play HUM?
I prefer the front month because the long option is cheaper, and my time frame is only 1-2 weeks. I go for a spread instead of a long option when...
If you don't like paying for time premium, maybe you should look more into ITM options. To compare one against the other I graph a position...
I looked at QAAWL's last trades of today, and except the last 10 contracts filled at $3.9, all the others were filled bellow it. A small bump up...
U_guest: My take on AAPL: at all time high and strong uptrend. I believe it is due for a retracement, and probably sooner than later. There...
He initiated this thread, which I consider a good idea. Also, I like this kind of swing trading using options as surrogate. I agree with...
Multi: I wonder if VZ would be on your radar. Probably not because ADX doesn't seem to give any solid signal. I'd appreciate if you had any...
I see HUM in uptrend in all time frames, with a recent "healthy" retracement about 7% bellow 22 day EMA. Intraday charts indicate a possible...
I use a few Visual Basic routines that I wrote myself. I preferred this solution because I can customize it when I want, and it suffices me. I...
You didn't mention how many spreads to open for your alternate proposal, so I considered two situations: 1) same $ invested IV...
I completely agree with your comment, especially in the light of GOOG's recent spike up. This is why I mentioned the quarterly report in my...
I'm suggesting VZ for a short play: bto VZ Nov 32.5 put VZWZ sto VZ Nov 30 put VZWF It can be opened now for $1.6 (VZ ~$30.5)....
Thanks! When you open your own thread please let me know.
I found it on another board: "When Jack Schwager asked Market Wizard Ed Seykota what advice he would give the average trader, Seykota's...
On a funny note: after (only) two trades Multi's system appears to be tradable: take the other side of his trade, then close it the next day :)...
Separate names with a comma.