Agree. Maybe a hard bounce below 1250 then come back...... what is making you mention 1225? I don't see anything worth stopping at until 1205-1210 then 1180.....im curious. enlighten me if ya don't mind. from my end, its pretty obvious why I say ...

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im probly just gonna wait for fed to shake out....maybe wait until thurs/fri to initiate anything new since my oil didn't trigger. choppy stuff overall makes me temoted to write gold puts today....I may feel too tempted

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Cecil what do you think about gold? It tests here and breaks and we may see that 1180 again......if I had a gun to my head I would say it isn't going to break.....but again that's why I would put on a call as well with my put.....maybe not on the ...

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we are very close to a 5 or so month new low in gold, and I am looking at writing some puts in both gold and silver. when its all said and done though, I will just pick one if I do it. Jan '14 lets see if I can find the intestinal fortitude

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David, Im gonna go out on a limb here......but I think you walked into the wrong bar. Also, currency options just make me want to throw up, and wanna trade the futures. After looking at your two charts and pricing out trades just to kill time, you ...

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also the multiple is $12.50 for the Yen to calculate an option premium, so if you see the bid/ask is .00250/.00270 for the 96.50 January put, then multiply 125,000 by the middle value (.00260) and you will get what the option is worth ...

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look for the 6J on your futures platform, but remember that it is inverted for fx futures, so if you want the forex to go down, the futures you would want to go up......so, if you were going to agree with what David is saying, you could write a put, ...

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That does look good David. might be a good time to write some puts on the fx futures (inverted JPY/USD) (6J) just priced out a 96.50 was $337.50.........may even go further out. see what it looks like tomorrow.

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I hope it goes somewhere short term....so I can write something deeper. I might just write some cheapies in high quantity on Friday. if I can get $300 for a 99....I may do it. I also might just sit back and collect my ransom

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I was bearish then too. wrote a crapload of calls. even had to buy back and roll out my 92.50 puts for DEC, but still made money on the downside positions rolled to 89. wasn't naked for long....don't like to be When I said bearish I didn't mean the ...

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Im still sitting in crude. book looks like this currently 105 Jan calls sold for $410 worth $30 (1/3 the # of the 87.50/100 strangle) 100 Jan calls sold for $370 worth $150 87.50 Jan puts sold for $330 (or $340 depending on when I got in) now worth ...

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I actually did a webinar with johns old partner Hubert. they seem like decent guys, but I cant help but borderline hate everyone in my industry....haha. john seems to give out some good info from what I have been told, but who knows

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don't sweat it man. Fool, do you always buy these? I begun selling entirely because of the % of bought options that expire worthless. then I just modified and modified and came up with my current approach. its all one trade as they say, so I don't ...

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I bought 1660 puts back for 2.85 ($142.50) total $132.50 profit per. I am uncomfortable with the trade after getting out of the calls, and just scrapped the whole thing. will stay with the crude for now. 99% is risk management. getting put of the ...

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also still have on those 105 crude jan calls that I sold for $410 and are worth $40 right now. I can buy them back at $10 at some point if need be if I need the little margin elsewhere

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as I mentioned before, buying these back when they make you uncomfortable is part of the game. if you are consistent and picky with your entries, there will come a time in each cycle when you settle into a sweet spot and can typically collect the ...

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just bought back my 1825s for 9.75 ($487.50 each)....sold them for $312.50 each, so it was a $175 loss per option still have 1660s which are in great profits still have both legs of the crude which are both in profits. the 100 call I sold for $370 ...

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nice slow day so far. I like it going into weekend, plus expiration today for nov emini and dec crude, so I will be front month as of Monday and let the deterioration begin. weird actually I was prepared for more movement today. still time left I ...

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thx I found one of those so called places that teaches a course yesterday. I watched a webinar from them. I am super paranoid of giving anybody money to teach me crap. I know some may be good, but being in my industry I cant help but assume they are ...

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crude back up again. if I messed with those binary deals I may be inclined to write a call. a lot of times they will run it in an opposite direction around this time of day. still in everything......s&p on short leash

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