Sweet! Got in cheaper this morning: SBUX Nov23 65 PUT @ $1.40

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I think I'm gonna do some data collecting and see the results of some picks off my weekly charts only. Normally I use them as a second opinion, but I'm gonna see if they are good to give a longer term perspective on things (using the same method of ...

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The weekly chart on NVDA looks great for a jump up, but the daily chart looks like there might be some more short term downward movement left, so just be careful this close to expiration. I've been bit on stuff like that before....

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Well, I thought I could wait, but I can't. This one looks too much like it will make some money: SBUX Nov23 65 PUT @ $1.60 or better

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I hope you do well. I'm sitting out until Wednesday. I figure the midterm is gonna have some effect on the market no matter what happens....

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ECYT looks like it might drift down eventually, but over the last 12 trading days, the highest delta between low and high for the day has only been $0.28, and my chart is up in the air, though hinting at downward motions, so I wouldn't touch it ...

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No, I use the Omnitrader charting program end of day data. It has a whole bunch of bells and whistles with it that I don't use. I just like the charts and I bought an old version off ebay years ago for super cheap and upgraded it to 2018 last year ...

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While there is always a 'luck' presence in trading, I think a skill set should be number one, then risk management. You can have the perfect risk management method, but if you don't have the skills to make good trades, you will still lose. Take me, ...

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I have before, but it has been several years. I have made money on a few before, the true 'penny' stocks, just because you can buy a gabillion shares, but I normally don't mess with them since options are so low priced (compared to there underlying ...

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Well, had the 126 SWK CALLS out at $0.70, and while others hit the Ask price, mine must have been too far down in the mix. If there is a jump at the open, I'll be able to unload those, too!! Too bad I didn't hold on to all the SWKs.....I would have ...

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And I am envious of your skills with the different spreads. I really need to learn that as an extra 'lure' in my tacklebox!

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Well, SWK jumped up, so I managed to eek out a little money from one that I thought was dead in the water. Went from SWK Nov2 123 CALL down to $0 from $1.95 (-$1.95) to SWK Nov2 123 CALL down to $0.95 from $1.95 (-$1.00) * I don't think SWK is going ...

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I suppose it all depends on how you define risk....and success. I never bought in to the idea of just being profitable being the same as successful like a lot of people do. I sort of equate a lot of trading stuff with fishing bass tournaments. Let's ...

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Yeah, losses may be part of the game, but they are still tough! That's why I like trading the way that I do, because the trade is usually just for a few days and barring any oddities (like an analyst comment or a big change in the DJIA), they ...

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Besides, when I'm trading 100 contracts, I would NEVER even consider putting $18K in a trade I thought has just as good of a chance to lose than to be profitable.

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Not me! If a person just relies on luck, that's nothing more than high stakes gambling. Skill is what makes money month after month after month, in my opinion, anyway.

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As mentioned last month, I will put all my picks for the month on here real time to see if I'm more accurate than just flipping a coin, and will do so through the end of the year. At the end of each month, I will provide a summary of those picks, as ...

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Ok, I'm out: SWK Nov18 110 CALL up to $8.80 from $3.00 SWK Nov18 112 CALL up to $7.30 from $2.65 Collectively, the above two needed to make $6.15 to break even from the other SWK losses and have made $10.45, so they made up for the losses plus some ...

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You should make money on those, even if you close today.

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Well, time to clean up some stuff: SWK Nov2 126 CALL down to $0 from $1.95 -- still technically holding, so if a miracle happens, might come off zero SWK Nov2 123 CALL down to $0 from $1.80 -- still technically holding, so if a miracle happens, ...

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