cecil, when you say you bought a few contracts at 18c, does that mean you spent $18 per contract? or actually 18 cents? also, now much margin do they lock up on you per contract for that on a weekly? monthly? just ballpark # if you don't mind. I ...

Let's Trade Options

was checking out this site whatstrading with unusual option activity...looked like a crazy amount of action on mead Johnson. saw this options webinar that mentioned it also. you see anything on that? also said how goog ceo sold bunch of shares ...

Let's Trade Options

I agree with all of that. if I make it to Monday I will be surprised. i'd rather take a 3-4 point loss on the call while there is still 3 leftover on my puts since I have equal #s of each. I can re-write since theres another month in this cycle. if ...

Let's Trade Options

when I said that option buying was a suckers bet, I meant commodities, just to clarify. wasn't referring to what you guys do. may have to buy back my sp calls and wait it out. may also write more puts. we shall see. although they aren't trading much ...

Let's Trade Options

I honestly barely ever look at it. such non correlation lately between the energies I have enough on my plate keeping up with wti and rbob.

Let's Trade Options

for example, I took a quick futures trade today with a sell limit I placed at 95 even for jan crude. that is right where the 200 is on the 1hr. I thought it had no chance of being hit, but it did, and I scalped 30cents. its been a really good payer ...

Let's Trade Options

if these other instruments move in unison with the actual WTI crude as you have mentioned, then I can tell you on my 4 hr chart and the 1 hr chart there is some pretty hard trendline using the 200 day MA on the 1 and the 50 or so on the 4. it has ...

Let's Trade Options

I need to brush up on understanding the lingo for your options. when you say 19c is there a multiple for that? its really not .19 right? I need to read that book you linked I suppose. always looking for a shortcut and the cliffs notes

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oil is bipolar today. pretty sick volatility. wish I woulda sold those gas puts. still in everything

Let's Trade Options

still in the following 15 Dec emini 1825 calls 15 Dec emini 1660 puts 30 jan crude 100 calls 30 jan crude 87.50 puts 10 jan crude 105 calls taking minimal heat on the emini calls and the crude puts

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k maybe I should've read the whole thread more thoroughly...I thought being on FF that an options thread was about mostly commodities. clearly it is stocks predominantly. that is actually good, because I was at a sleazy options seminar a month ago ...

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yeah no kidding. after almost 15 years with a commodity license I have noticed most CTAs will have a very strong first 3 years or so, which attracts large AUM.....then, its like kissing your sister for them. the shame of it is theres more money in ...

Let's Trade Options

oil really isn't that hard to trade Fool. it is a lot like the emini S&P. there are A LOT of strikes, and very liquid....which allows for many different options when you have to adjust the account. PLUS the margin is small, less than $2500 for a ...

Let's Trade Options

hope nobody thinks I am posting too much....I just found this thread by accident and was pretty happy I did. Trading gets lonely sometimes, haha. It would be nice to have a thread to communicate with people what I am doing. I am pretty sure I can ...

Let's Trade Options

this also may be a decent time to look at soybean calls for jan. I bought back mine after the report cam out last Friday at breakeven, and it has run a lot since then. I may tinker with it, but I have a lot of eminis and crude on right this second, ...

Let's Trade Options

In terms of how the equity can look "mid-option writing cycle", I have used an old story over the years to help clients understand why the swings must be tolerated. there's an old Italian saying that says, "You don't want them to see how you make ...

Let's Trade Options

alright. im still in my previous calls in crude which are waaay out of the money, so I am not sweating them very much and I may even buy them back at $10 or $20 just to free up margin if need be. still have on the 1825 and 1660 emini strangle about ...

Let's Trade Options

great thread. I haven't posted on here for years, but just check out the calendar from time to time when necessary. I have been a licensed commodity/currency trader for almost 15 years, and I trade options for my clients. NOT POSTING to get clients, ...

Let's Trade Options

commodity straddle — i dont know if any of you on here trade commodity options, i do it for part of my living and there is a pretty good straddle available for DEC Eurodollar. I went long and short even number of calls and puts at 99.25 with a ...

Cable Update (GBPUSD)

cable bears? — why is everyone here so bearish on G/U? Beginning of month and end of last month i was bearish, but with fed statement saying that beginning aug 16th we will stop buying up so much of our own treasuries, makes me wonder what ...

Cable Update (GBPUSD)