Yeah, I'm just wired different than most. For me, reducing risk was developing a way to become very consistent at predicting short, directional reversals in high priced stocks that had good option movement, not so much the amount of money put on the ...

Let's Trade Options

Well, I believe they do, but let's find out. I will post my picks here, like I've been doing, up through the end of December. That's basically four months of picks (counting September), and I would think that would be enough time for comparison, and ...

Let's Trade Options

That's just it, I AM dead set on seeing the stocks I chose move within a few days. I have a very high confidence level, and thus a very high expectation what I expect to happen will happen. But I'm getting kinda confused.....is the above example a ...

Let's Trade Options

Well, I would normally just buy the Oct5 57 PUTS. That would be my trade. I was trying to figure a way to have any more money in my pocket when the smoke clears. So, what I figure was the Oct5 57 PUTS are going to do what is expected, so I will make ...

Let's Trade Options

Let's look at a real one, SBUX Oct5 57 PUTS. Right now, I expect it to drop more in the next two days. Oct5 strike/PUT Costs:...…………………..Oct 12 strike/PUT costs: 57 @ $0.55...……………………………………..57 @ $0.75 56.5 @ $0.35...…………………………………..56.5 @ $0.53 56 @ ...

Let's Trade Options

Yeah, not all have weeklies. I certainly don't have the skill to determine time spreads right now, where you definitely have that skill set to do such methods. I'll look into it a little more to see if it would actually make me more money (even by ...

Let's Trade Options

$0.55, (though it went down as low as $0.32), which is what it is trading at now. As far as drawing the line, I assume you mean when to get out of a trade? When I see that the trade is no longer projected to do what I expect it to do or a ...

Let's Trade Options

Update on SAP Oct19 125 PUT up to $3.90 from $2.20 WBA still looking ok SBUX still looking ok

Let's Trade Options

That is true, especially for longer term options capitalizing on earnings or splits or news. But for short term, at the money options in the current expiration, supply/demand for the option sets the price, and IV just tweaks it. And a short term (3 ...

Let's Trade Options

Two more that should make a little money: SAP Oct19 125 PUT @ $2.20 or better WBA Oct5 73.5 PUT @ $1.15 or better (This one has already made money but it should be ready to milk it again for some more) SBUX Oct5 57 PUT still looking like it will do ...

Let's Trade Options

See, that's where our methods differ. You are obviously very good at what you do with the different legs and all the technical aspects and data inputs that go along with it. I have literally purchased PUTS/CALLS on stocks of companies that I had no ...

Let's Trade Options

Don't waste any of your time doing research on my stuff, I was more curious than anything. While I would appreciate any pointers on other methods, spend your time making $$ for you and yours so you can retire asap! I'll just make my predictions as ...

Let's Trade Options

I am a very visual trader. The things I take into account before I get into a trade is if my charts tell me it is extremely overbought/oversold and ready to move, there is enough movement between strike prices to be profitable, futures before the ...

Let's Trade Options

Still looks good for a trade. Futures were up this morning, so I wouldn't have bought it at the open (as previously mentioned) since it is a PUT. Actually, I wouldn't get in a short term trade today with the meeting today, anyway (at least not ...

Let's Trade Options

Yeah, I saw that. Played into the PUT option, as I think people will see that and will show up on the price tomorrow. Remember, I'm looking at very short term movements, next few days. Although, if I had to give an opinion on Starbucks a few months ...

Let's Trade Options

Sort of a mixture of the two: price is always the most important, but if price still has the ability to go my way more and there is sufficient time, I may hold longer. I do not just let nature takes its course with a 'set it and forget it' approach, ...

Let's Trade Options

Well, that's pretty much the reason I've been trading like this; I haven't found anything that works better, but I'm all about risking as little as possible for the maximum gains, so I've always had an open mind.

Let's Trade Options

I do not hold positions long, usually a few days to possibly a week, never to expiration. I make sure I am out of any position where earnings are coming up. I just take the profit and get out. You have to watch the overall market and what the stock ...

Let's Trade Options

Thanks, TF, I do appreciate it. Here is a good, cheap one that should make money with a close expiration: SBUX Oct5 57 PUT @ $0.60 or better In reality, I would look at the futures before the open to see if they were up or down. If they were up, I'd ...

Let's Trade Options

Yeah, I don't have the confidence level predicting out for enough to use a calendar spread. My stock picks normally run their course in less than a week, usually just a few days. That's why I'm kinda limited on buying straight PUTS/CALLS or selling ...

Let's Trade Options