I dislike those % probability systems. I never can reconcile in my head where they justify telling people these #s on those things. Crude is at a pivotal point on my chart right now......even still....I like where Im at. remember you cant just jam ...

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also I just rolled all 1290 soybean puts down to 1260s. bought back for @$150 loss per option.....and sold 10% more 1260s for about $250 each option. Beans moving a lot lately.....lot of opportunity there.....low margins.....excellent naked writing ...

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I just cant see this thing going back up there.....I see what you are talking about with the RSI.....but my TDI (which includes RSI) suggests it may not be strong enough to do that. regardless......movement generally means profit in my ...

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that would be the worst thing ever for me Cecil so I hope this thing just keeps riding itself down. not that I wont turn a profit if it does that.....but I will have to work harder for it.....and who the hell likes to do that.

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let me ask you this......throw the prob tool out for a sec.....if you were going to initiate a strangle (sell) like I do on one of your stocks/etfs......how far from exp would you think off the top of your head would be the "sweet spot"??? I bet if ...

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black scholes has credibility with me and a lot of industry guys I speak with......that whole site you linked looks very useful. TOS has a feature on their options platform with probability in the money %. I think there is some merit to it.....but I ...

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I really think gold is gonna keep dropping.....I think were gonna be in the 11s soon......sucks the margin is so much per option on the commodity itself.....I would love to so a call heavy strangle on the next bounce up

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nope. I have used software in the past (proprietary) that trading buddies who are also programmers have put together with me, but I always found that the problem with that stuff is that it is way more math heavy than I would like. It is great to ...

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lot of times the end of the days move is more indicative of a trend......yesterday crude ran most of the day.....bounced slowly off of a bigger MA on the 4 hr.....and then proceeded to drop rapidly obviously not always the case.....but especially ...

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just changed my mind....bought back the 96.50s at a $200 loss per contract and sold 97.50s....equal # feel safer that way

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id be very surprised if it hits 98-99 by the time Jan exp comes on 12/16.... I really think it will continue to follow this trend down and setting lower highs off of the 100 day MA on the 4hr chart. really good place for entries and exits IMO. check ...

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I don't buy this move.... granted, much higher and the risk manager in me will force a slight repositioning of the 96.50s.....but I would do it reluctantly....kicking and screaming all the way to stamping my trade ticket rather be safe that stubborn ...

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gotcha. seems like a small window....I suppose Netflix does move enough to make it work though. I gotta get a demo with options chains to look at how I would handle doing the exact same thing but selling both of those options.....seeing what would ...

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I was looking at Netflix a lot over last 30 days or so.....heard good stuff about options with it. these expire 3rd Friday of Dec right?

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heres how the book looks: Thanksgiving Edition! using a random $110k account as example: 7 Jan crude 87.50 puts (sold for $330/worth $270) 7 Jan crude 100 calls (sold for $370/worth $50) 10 Jan 99 calls (sold for $260/worth $60) 6 Jan 96.50 calls ...

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haha. You are definitely her type. I am trying to patent a pizza cutter with a laser light on the top of it to help the guy cutting the pizza to ensure even slices. anyone want in? maybe we could package your cheese tool and take the whole fucking ...

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dude where are you.....are you in the bathroom? are you watching me? if you are what color are my boxers? this is creepy honestly buddy your US faction left bad tastes in a lot of clients and IBs mouths.....I understand you might be a different ...

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I would imagine a lot of those traders aren't as familiar.....sometimes people hear things and like to sound cool repeating it

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I don't think alpari does options, even if they did, why them? almost non existent customer service. you can do better than them, especially for futures/forex and no, you shouldn't just blindly follow someones advice. do I even have to tell you this? ...

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pretty hefty move..... fool is right....we are psychos....love the beatings im takin it in the soybean puts bad all in one day....I rolled a few down to 1260....but kept some....still look fine cause of the calls....theyre shrinking wasn't expecting ...

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