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Options Think Tank

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Moderator: Breakout Assistants: Denny Crane, maybe_this_time, helmsman
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Last Post: 5/20/2013 8:59:14 AM - Followers: 122 - Board type: Free - Posts Today: 0
Options Think Tank  - is a board to discuss option plays in deeper way by using t/a charts, leveraging, greeks,  and call/put ratio to find longer term swing plays that give you higher returns.  We would like people to post their thoughts of why the like the stock and what they expect the swing play will do.

1. Chart reads to identify good entry for a significant move

2. Options discussions for leveraged playing, dos and don'ts

3. Understanding/using the greeks to get a better understanding of the return and the erosion of sitting.

4. Using scans for identifying swing plays, bounce plays  gap plays and  anything else we can find

5 Using scans/charts to identify fat pig plays and timing there moves.

Discuss all time frames, but like the idea of 60 min reads more and more as it's what I really need to do to balance this with work.


Rules:

1. Be kind and respectful

2. Agree to disaggree

3. We are all responsible for our own trades.


Staples Plays:

There are about 10 names that are optionable with an ATR over $5 or have a history of big moves.  These are our main staples.

1.  AAPL
2. GOOG
3. PCLN
4. CMG
5. ISRG
6. SVXY 
7. MA
8. EQIX
9. AMZN
10. LNKD
11. SINA
12. FFIV
13. PNRA
14. BIDU


 
 
Screeners:

Unusual call/put volume:  http://www.schaeffersresearch.com/streetools/filters/volume_exp.aspx

Half Hour High Volume Report:  http://www.cboe.com/data/HHVolumeReportEquity.aspx

Today's Most Active Options: http://www.schaeffersresearch.com/streetools/market_tools/most_active_options.aspx

Earning Calander:   http://www.earningswhispers.com ck

High Short Float Stocks Sreener: http://finviz.com/screener.ashx?v=131&f=ind_stocksonly,sh_avgvol_o500,sh_price_o10,sh_short_o30&ft=4&o=-shortinterestshare

Option Screener:  http://finance.avafin.com/options 

Option Calculator:  http://www.cboe.com/framed/IVolframed.aspx?content=http%3a%2f%2fcboe.ivolatility.com%2fcalc%2findex.j%3fcontract%3dE28820B4-0B9C-45FB-B060-F955A530518C§ionName=SEC_TRADING_TOOLS&title=CBOE%20-%20IVolatility%20Services

Implied Volatility: http://www.optionseducation.org/tools/historical_implied_volatility.html

Scans:

"AD's Bloated Pigs" - if it has more than 10 bil mrkt cap and is selling for more than 10 times sales, it makes the list and I like to play only the down side.  This scan was updated to include stocks that have an ATR of + 1.5 which means the stock tend to move $1.5 dollars a day on avg.  Helms update.
http://finviz.com/screener.ashx?v=211&f=cap_large,fa_ps_o10&ft=4

"Helmsman Movers" - It finds optionable companies with a market cap over 300M that have a volatility for the week of more than 3% and a big average true range (over 3).
 http://finviz.com/screener.ashx?v=211&f=cap_smallover,sh_opt_option,ta_averagetruerange_o3,ta_volatility_wo3&ft=4

"Helmsman Bounces, Reversals and Overhead Gaps"
http://finviz.com/screener.ashx?v=211&t=ADVS,CMG,ALC,MCP,LO,CKP,SLCA,GTIV,GMCR,DNDN,SBUX,SINA,MAKD,JPM,AZO,CAT,MNST,ZNGA,PCLN,NFLX,VXX


ETF Exchange Traded Funds

Exchange traded funds are a great way to start understanding the value of options without having to play them and is a great way to leverage any non-option trading account.  These funds will allow you to work on your timing from the bulls markets to bears bear markets and back again and also allow you to be actively trading when the market is a bear run.  These ETF will also allow you to play some of the major sectors that tend to cycle up and down with event like oil, financial, gold and silver to name a view.  With the way they are setup if a sector moves up 1% a 2x will move 2% and a 3x will move 3%.   Let say oil has a bull move of  5% then the bull 2x oil ETF 2 would move apporxamatly 10% and the bull oil 3x would move 15%.  Now the inverse move would happen on the bear oil funds.  The oil bear 2x would be down 10% and the 3x would be down .

Like any investment please take the time to understand them and their powers.  Charting will be very important in making sure you are on the side of the during a bull or bear fund.  Take the time to watch them or paper trade them to help you get a better understanding of how they work and the risk/rewards they can have.

To know more about ETF's check the ETF link below and for more information on each individual please use your search engines to find out more about them and what they are based on.

ETF: http://en.wikipedia.org/wiki/Exchange-traded_fund 
Other ETF funds: http://3xetf.com/
 

 

Market ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
SPY BGU BGZ 3X Low
SPY TNA TZA 3X High



Energy ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
XLE ERX ERY 3X Low



Financials ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$XFI FAS FAZ 3X YES



Gold ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
GLD UGLD DGLD 3X N/A
$GOLD DGP DGZ 2X Low



Gold Miners ETF  
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$GDM NUGT DUST 3X Low



Housing ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$RMG DRN DRV 3X Low



Natural Gas ETF  
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$XNG GASL GASX 3X Low



Oil ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$XOI UCO SCO 2X Low



Silver ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
$SILVER AGQ ZSL 2X LOW
$SILVER USLV DSLV 3X N/A



Tech's ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available
XLK TYH TYP 3X Low

 




Other supporters of our board.  Please visit their sites for more helpful information.

ATM (All Things Money) - http://investorshub.advfn.com/***-ALL-THINGS-MONEY-%3E%3E%3E%3E-ATM-***-18767/

Bagmans - (stocks & Options) - http://investorshub.advfn.com/Bagmans-charts-watchlists-scans-and-etc-8253/

Options & ETF Trading with T/A - http://investorshub.advfn.com/Options-and-ETF-Trading-With-TA-22640/





PostSubject
#4880  Sticky Note Option Scans Breakout 11/02/12 04:28:21 PM
#3057  Sticky Note NYMO learning L-Back 10/04/12 03:32:26 PM
#3056  Sticky Note Indicator learning . L-Back 10/04/12 03:28:46 PM
#7313   We find ourselves at the top of the cmb 05/20/13 08:59:14 AM
#7312   RSI & Candle Patterns for #Options MaxShockeR 05/20/13 12:04:07 AM
#7311   "@Fibline: $SCTY $TSLA & $GS News ~ http://stks.co/eUyL" Denny Crane 05/19/13 05:50:50 PM
#7310   Stockguy22 webinar coming up 10am est Denny Crane 05/18/13 09:49:51 AM
#7309   Some nice tankers for Monday, ARUN,RKUS,INFI, and some Denny Crane 05/18/13 09:35:59 AM
#7308   Sang tape reading webinar Monday FREE check SangLucci.com Denny Crane 05/17/13 07:49:25 PM
#7307   Thanks, Bud. You have a good weekend Y U Axing Me 05/17/13 02:27:27 PM
#7306   Nice YU want to ad those on Monday Denny Crane 05/17/13 02:26:11 PM
#7305   I had $110 puts - one of my Scandle34 05/17/13 01:24:28 PM
#7304   Nice trade DC. I jumped in the TSLA Y U Axing Me 05/17/13 12:51:03 PM
#7303   MELI Scandle hope u sold 2nd gift Denny Crane 05/17/13 12:26:58 PM
#7302   OTM here trying stay first 2 positions but Denny Crane 05/17/13 11:50:41 AM
#7301   UNXL out 1.00 from .45 tanker/bounce played this Denny Crane 05/17/13 11:35:11 AM
#7300   TSLA out double on puts scalp on watch Denny Crane 05/17/13 11:29:14 AM
#7299   In UNXL calls .45 sell set .90 on Denny Crane 05/17/13 11:21:21 AM
#7298   05/17/2013: Denny Crane 05/17/13 11:04:40 AM
#7297   MELI all out +1k on 20 em felt Denny Crane 05/17/13 11:01:29 AM
#7296   looking for VRTX to drop - maybe to Scandle34 05/17/13 08:44:23 AM
#7295   alexed, this RKUS nice hammer @12.00 marking bottom, Denny Crane 05/17/13 08:27:42 AM
#7294   pennant formation sorry no coffee yet althought pendent Denny Crane 05/17/13 07:36:34 AM
#7293   Never know MELI could surprise still in pendent Denny Crane 05/17/13 07:20:54 AM
#7292   question - do most of you prefer in Scandle34 05/16/13 08:49:14 PM
#7291   we are both going to lose on Meli Scandle34 05/16/13 08:42:19 PM
#7290   75.34 and 75.56 looked closer on my charts Denny Crane 05/16/13 07:13:43 PM
#7289   DUST looks to be overbought, but tweezer bootoms, alexed 05/16/13 06:31:51 PM
#7288   well Howdy DC :-) thats a good link MaxShockeR 05/16/13 03:25:54 PM
#7287   AEGN major pop on no news... ideas? Scandle34 05/16/13 12:58:14 PM
#7286   INFI down $5 this morning. Y U Axing Me 05/16/13 10:35:02 AM
#7285   VRTX falling like a rock - my second Scandle34 05/16/13 10:05:25 AM
#7284   DUST btw was a Z pick up swing Denny Crane 05/16/13 08:28:42 AM
#7283   Alexed and anyone who watches tweezers, check DUST Denny Crane 05/16/13 08:27:02 AM
#7282   GM Max,elliottwave Denny Crane 05/16/13 07:46:03 AM
#7281   RSI & Candle Patterns for #Options MaxShockeR 05/15/13 11:22:49 PM
#7280   next week will check it Denny Crane 05/15/13 02:37:30 PM
#7279   It's already back down. Y U Axing Me 05/15/13 02:35:57 PM
#7278   No just got back was out gonna wait Denny Crane 05/15/13 02:34:41 PM
#7277   Did you jump in INFI? I tried Y U Axing Me 05/15/13 01:17:12 PM
#7276   Good Morning DC. I'm going to watch Y U Axing Me 05/15/13 09:29:14 AM
#7275   GM all, holding some swings still EW,OPEN,MELI calls Denny Crane 05/15/13 08:28:16 AM
#7274   TITN CEO on mad money tonight fwiw Denny Crane 05/14/13 06:01:07 PM
#7273   My EW swing 75s got chance, out IOC Denny Crane 05/14/13 11:43:15 AM
#7272   No I did not, was trying out eod alexed 05/14/13 11:41:11 AM
#7271   Nice hope u got some. Out IOC puts Denny Crane 05/14/13 10:25:57 AM
#7270   Those 1640 SPX calls now $8.20 x $9.40. alexed 05/14/13 10:22:41 AM
#7269   GM all, PANL,SSH,FFIV,ISRG calls side and watching TSLA Denny Crane 05/14/13 09:14:27 AM
#7268   PANL daily, is just starting its turn up, alexed 05/14/13 07:53:21 AM
#7267   RKUS is just ok imho, fundamentals not that Denny Crane 05/13/13 07:07:50 PM
#7266   Good trading for you today, ok tweezers will alexed 05/13/13 07:03:00 PM
#7265   Alexed looking back at the tweezer tops found Denny Crane 05/13/13 06:58:48 PM
#7264   Good input thanks Alexed. Played PANL swing perfectly Denny Crane 05/13/13 06:57:16 PM
PostSubject