I noticed something interesting on the DJIA charts: Looking at simple indicators, on the weekly chart, price has been attempting to close above the mid-Bollinger Band for the second week now (roughly 26375, about +100 points from where it is now). ...

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Looking at my charts, nothing much for tomorrow. one that looks interesting is AMGN Aug23 205 PUT @ $3.20 or better....pretty expensive, but should be good for some decent money. Jumped up due to winning a patent case on Enbrel, so that should be ...

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Out of the following: DLTR Aug16 97.5 CALL @ $1.50 up from $0.734 DLTR Aug16 95 CALL @ $2.85 up from $1.65 Big money day today. This will certainly make up for any loss I will probably have to take on VAR Aug16 115 CALL....

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That's true,.... provided you don't look at unemployment, or consumer spending or GDP or consumer confidence or basically any other economic indicator..... As a professional trader and capital manager for 26 years, surely you can't believe that?

The end of the US stock market is nearing

Technically, from top to bottom was nearly 20 years rather than only ten....just saying....

The end of the US stock market is nearing

Out of the following: DIA Aug16 260 CALL @ $3.85 up from $3.21

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Well, added to the following right at the close: DLTR Aug16 97.5 CALL @ $0.40, which brings the average down to $0.744 This gives me more contracts than I normally carry on one strike, but it was just too low to pass up to lower my breakeven. I ...

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Yep, very rare indeed......

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Well, I am seeing this huge spread again...Bid price is low balled only this time Ask price is much higher than the close yesterday. If bid moves up towards Ask to close the gap, I can't help but think that the Market Makers already know what the ...

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I think that we will see a rebound tomorrow; the entire daily candle for the DIA today was outside of the lower Bollinger Band, and it is very rare that a day like that is NOT followed by a reversal day, usually with a gap at the open. Anyway, that ...

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Couldn't resist, so added to the following: DLTR Aug16 97.5 CALL @ $0.65, bringing the average down to $1.09 Ok, NOW we wait......

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Had a Hail Mary bid out and just saw it got hit, so I have added to the following: DIA Aug16 260 CALL @ $2.85, bringing the average down to $3.21 So positions are now: DIA Aug16 260 CALL @ $3.21 average cost VAR Aug16 115 CALL @ $2.25 average cost ...

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Well, Bid got hit, so in the following: VAR Aug16 115 CALL @ $1.90, which brings the average down to $2.25

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Added to the following: DLTR Aug16 97.5 CALL @ $0.80, bringing the average down to $1.53 Also added: DLTR Aug16 95 CALL @ $1.65 which should make up any money the 97.5 misses DIA Aug16 260 CALL @ $3.56 I have a Bid in for VAR Aug16 115 CALL @ $1.90, ...

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I have a Bid out for DLTR Aug16 97.5 CALL @ $1.75 and VAR Aug16 120 CALL @ $0.50 in case something happens right at the close, but I doubt either gets hit....

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In the following: VAR Aug16 115 CALL @ $2.60 Should make a little money with this....

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In the following: DLTR Aug16 97.5 CALL @ $2.25 Should be good for some money.....

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Out of the following: DLTR Aug16 102 CALL @ $2.50 up from $1.70 average VAR Aug16 120 CALL @ $1.60 up from $1.25 average Nice little chunk of change....

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I saw something interesting today....about 1:15-1:20 CST, I checked the computer and all the Bid/Ask spreads on the ones I was monitoring had went from $0.20-$0.40 to $1.60-$2.20.....Ask price remained the same, Bid price fell out the bottom. After ...

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Added to the following during the panic drop from the rate cut (okay, so the chairman "hinted" that more cuts this year are not a sure thing....I didn't think anyone believed that they were?!): DLTR Aug16 102 CALL @ $1.30, which brings the average ...

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