Home > Boards > Free Zone > All Trading - Technical >

Option and Stock Trading with sdh

RSS Feed
      Hide Sticky   Hide Intro
Moderator: sdh Assistants:
Search This Board: 
Last Post: 3/22/2018 7:55:57 AM - Followers: 190 - Board type: Free - Posts Today: 0


Disclaimer:   Any investment idea or strategy posted by any "Board Member"  is not a recommendation to enter into the investment or any sort of guarantee that strategy may work, nor is he/she qualifed to give investment advice in any shape or form.  This disclaimer generally goes for any poster on this message board unless they explicitly disclose otherwise.


Option and Stock Trading with sdh

Thanks for visiting my board.  The primary focus of this board is for discussion of stock, option, or ETF plays.  We look for breakout/breakdown setups which allows us to play them intraday, daily and weekly time after time.  We are looking for technical indicators that tell us when to enter and exit these plays.  The plays should have good liquidity to allow easy enteries and exits.

We are also interested in any plays that have news, earnings or have other catalyst events that make them attractive plays.

What we are not interested in:

- Any posts on OTC/Pink stocks will be removed.

- Bragging about trades you made or are currently in is totally unacceptable. We're happy you're making money, but really we don't give a shit. 

- If you come to this board to promote yourself, your website, or whatever it is you're doing, then sdh will give you a swift boot and delete your posts. Again, we just don't give a shit.

We appreciate visitors and members who are willing to put technical information at the top of their list when sharing trades with others. The goal is to help new and experienced traders find solid, consistent, good returns plays and technical information to help them enter/exit those plays.  Please take a look around and enjoy! 

Track your account:

Trading is a business.  If you are not producing gains on a regular basis, you need to review your trading strategy.  Some traders focus on win/loss ratios and that is not necessary.  Bottom line is what matters. The goal is to end the week with more than you started with.  Transfer those gains and play with the same money over and over.  Trade smart, take profits, rinse and repeat.


Date Transfer
01/03/14 $0
01/10/14 $2,639
01/17/14 $2,600
01/24/14 $6,013
01/31/14 $4,731
02/07/14 $3,154
02/14/14 $2,046
02/21/14 $2,978
02/28/14 $4,191
03/07/14 $3,516
03/14/14 Spring Break
03/21/14 $5,848
03/28/14 $0
04/04/14 $5,025
04/11/14 - 07/25/14 15 wks $0
08/01/14 $376
08/08/14 $2,316
08/15/14 $2,457
08/22/14 $3,117
08/29/14 M $2,325
08/29/14 E $3,272
09/05/14 M $1,152
09/05/14 E $3,414
09/12/14 M $7,942
09/12/14 E $2,105
09/19/14 M $3,017
09/19/14 E $7,409
09/26/14 M $0
09/26/14 E $9,271
10/03/14 M ($1,581)
10/03/14 E $8,325
10/10/14 M $2,999
10/10/14 E $1,900
10/17/14 M $2,779
10/17/14 E $3,205
10/24/14 M $695
10/24/14 E ($4,253)
10/31/14 M $52
10/31/14 E $2,332
11/07/14 M $753
11/07/14 E $13,594
11/14/14 M ($347)
11/14/14 E $6,811
11/21/14 M $934
11/21/14 E $12,466
11/28/14 E $2,180
11/28/14 M $0
12/06/14 E ($10,641)
12/06/14 M $7,417
12/13/14 E ($1,126)
12/13/14 M $4,504
Total $145,739

12/14/14:  Note ~ LOCO

10/31/14: Note ~ used some gains from this week and sold part of a losing position

Sept 2014:  Finally got to sell WB!!!

8/29/14:  Note ~ opened another brokerage acct to short a/h ~ will have 2 totals

2014:  Goal #2: Trying for another $48K by end of year = $96K

2014: $49,717 in gains as of 8/15/14

2014:  Holds update:  Holding SODA and also some TWTR and WB

2014:  Goal #1 recap:  Only had $42K, but made it by April 2014, then took 15 weeks off.

2014:  Goal #1: Let's try for $48K by June 1st, 2014.  Will review/submit Goal #2 in the summer.


Date Transfer
06/07/13 $1,525
06/14/13 ($195)
06/21/13 ($480)
06/28/13 $0
07/15/13 $713
07/12/13 $1,480
07/19/13 ($318)
07/26/13 $1,745
08/02/13 $768
08/09/13 $2,408
08/16/13 ($141)
08/23/13 $1,419
08/30/13 $2,142
09/06/13 $1,503
09/13/13 $1,733
09/20/13 $1,767
09/27/13 $1,143
10/04/13 $2,246
10/11/13 $1,726
10/18/13 $1,210
10/25/13 $904
11/01/13 $1,490
11/08/13 $4,538
11/15/13 $1,890
11/22/13 $679
11/29/13 $4,073
12/06/13 $899
12/13/13 $2,443
12/20/13 $0 *
12/27/13 $0 **
12/31/13 $1,095
Total $40,405

2013:  Per spreadsheet listed above = $40K for 7 months

Note:  * 12/20/03:  Hold SODA stock position. ** 12/27/13: Made $1,019 on WPRT, but used it to offset SODA option loss from 12/13.

Daily Options Traders:

Board Favorites:



Options Screeners, Leads & Tools:

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

Earning Calendar:   http://www.earningswhispers.com 

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 

The Smart Trader - Charts and Info:    http://t.co/l8pOIeyj


Assessing premium risk versus reward

Premium risk on a high priced option can take profits away from you if an expected large movement in the stock is priced in.  When price doesn't move enough, share price can go up but opton price can go down.  A quick formula to assess premium risk is:

Premium = Option Price + Strike Price - Share Price

This should be less than the expected movement in share price during the options time fame.

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

Energy ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Financials ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Gold ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Gold Miners ETF  
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Housing ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Natural Gas ETF  
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Silver ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available

Tech's ETF
Index Charts Bull Funds (Up Trends) Bear Funds (Down Trends) ETF Ratio Options Available


Trading w/Technicals   (Some setups based on technical analysis used by board members)

Generally the idea is to use a sound chart setup to enter into a leveraged position using options or an ETF.  Time frame matters:

1. Use a 10 min timeframe or less for intraday trading (weekly options.)
2. 60 min for multiday hold
3. Daily chart for positions lasting a few days to a week or more (monthly options.)

This is not intended to be a detailed discussion on technical analysis, but some setups used successfully by traders on this board are discussed below:

Inflection Pattern Intraday Trading

The inflection is a general candle pattern where for a top the high of the middle candle is higher than the highs of the adjacent candles and the low of the middle candle is higher than the lows of the two adjancent candles. Visa versa for a bottom. You can extend to 4 candles, but that might be dangerous and lead to subjectivity. There is a decent probability this marks a turn according to Cycle News and Views. While you can trade both ways during a run, it makes sense to stick with uppers during an up trend and downers during a down trend (In the example below may be wise to skip the one downer signal.)

With day trading, it's a good idea to have a tight stop, but a mental stop, e.g., you need to watch and not show the market with a stop order. If the inflection is compramised, a good indication that the inflection was not true you and you should stop out (along with any other preferences one might have for a stop loss.) This comes from Perfect Stock Alert (no longer out there so perhaps no so perfect...) They like to add a penny or two to the stop.

Putting these two together is my bread and butter SPY intraday trade. Suppose you can apply this to any stock to trade options, but I believe it works best with the SPY and QQQ.

I generally like to play this using a 15 minute chart.  Occasionaly play it on a 5 minute chart, but the extra noise tends to whip you out and produces excessive inflection patterns, and ultimately has produced mixed results.

Taking profits is always a tricky situation and it's good to set targets.  Basically I like to let things run while on the right side of a fast EMA (10 or even a little faster.)  Also, identifying lines of support or resistance and current channels are good places to take profits as the bouces there can be fast and furious.  But then again it may a good idea to wait a candle or two and see if she can go some more.  Using the fast EMA of your choice may be good for this purpose.


Trend Reversal Candlestick Patterns

Engulfing Pattern:  A reversal pattern that can be bearish or bullish, depending upon whether it appears at the end of an uptrend (bearish engulfing pattern) or a downtrend (bullish engulfing pattern). The first day is characterized by a small body, followed by a day whose body completely engulfs the previous day's body.
Engulfing Pattern Candlestick example image from StockCharts.com

Evening Star:  A bearish reversal pattern that continues an uptrend with a long white body day followed by a gapped up small body day, then a down close with the close below the midpoint of the first day.
Evening Star Candlestick example image from StockCharts.com

Morning Star:  A three day bullish reversal pattern consisting of three candlesticks - a long-bodied black candle extending the current downtrend, a short middle candle that gapped down on the open, and a long-bodied white candle that gapped up on the open and closed above the midpoint of the body of the first day.
Morning Star Candlestick example image from StockCharts.com


Adam and Eve Chart Pattern

It has a very sharp and deep first bottom on high volume (Adam) forms a V pattern. Then the stock bounces high into the center and develops a longer and more gentle, rolling second bottom (Eve) on relatively low volatility. Price action then constricts into a tight range and the stock breaks strongly to the upside.  As seen on the chart this pattern can work in the inverse direction.  For more information please read the book Master Swing Trader by Alan S. Farley.


Bollinger Band/RSI Extreme

Extreme oversold or overbought stituations are an area swing traders look for action, but can be dangerous as many times stocks keep running.  When the BB is in an extreme (greater than the 2 standard deviation, of even 2.5 or 3 standard deviation for an even more extreme situation), and the RSI is over 70, then the odds for a reversal may increase:

Note: In the example above, there was a long wick on the big candle up.  Also, the following candle failed to make a new high, but traded in the upper half of the previous candle.  These are also good conditions for a possible reversal.


ADX/MACD Pinch Plays


3-Minute MACD Chart Play

This play uses a basic MACD indicator to enter/exit the trade.  You want to see volume and option movement.  You can begin watching the play on a 1-minute chart and move to the 3-minute for confirmation.


SPY ~ Daily Chart


Learning Options Trading Links

Options Basic 101

Lesson 1:       http://www.youtube.com/watch?v=is5Whul7KUg&feature=related

Lesson 2 :     http://www.youtube.com/watch?v=KSgmKpO9g54&feature=related

Lesson 3:      http://www.youtube.com/watch?v=3UEDnTzhT5U

Lesson 4:     http://www.youtube.com/watch?v=Xm_71C_Jpcc

Lesson 5:      http://www.youtube.com/watch?v=EyUcGpMf264&feature=related  

Lesson 6:     http://www.youtube.com/watch?v=X30liTarSwk&feature=related

Lesson 7:     http://www.youtube.com/watch?v=n4uqBy9i0Ds&feature=related

Spreads:        http://www.youtube.com/watch?v=mFUfxGv2wC0&feature=related

Disclaimer:  Any investment idea or strategy posted by any "Board Moderators"  is not a recommendation to enter into the investment or any sort of guarantee that strategy may work, nor is he/she qualifed to give investment advice in any shape or form.  This disclaimer generally goes for any poster on this message board unless they explicitly disclose otherwise.

#48672  Sticky Note Trading Links: Review the market's action here: sdh 09/29/13 10:25:47 AM
#41742  Sticky Note Economic Data link: sdh 04/27/13 01:00:30 PM
#52306   WRFX!!!!!!!!! BigHStockmonkey 03/22/18 07:55:57 AM
#52305   Thanks, I'll check it out. nwsun 09/15/16 04:41:44 PM
#52304   Hello There! I would go this Y U Axing Me 09/15/16 04:38:39 PM
#52303   Question from a newbie. I traded some AAPL nwsun 09/13/16 08:30:54 PM
#52302   Morning Squawk https://thetradexchange.com/tx-blog/ A Great Way ZoZoStockWatch 07/22/16 07:43:55 AM
#52301   We had a lot of rain and some BUBBA 03/10/16 10:02:53 AM
#52300   Hi bubba!! That's not fun.... :( Our spring sdh 03/09/16 10:15:46 PM
#52299   Spring Break and still raining. My girls aren't BUBBA 03/09/16 09:46:40 AM
#52298   Scared of WYNN. I so want to load beachcomber1 02/02/16 11:19:02 PM
#52297   yes I'm playing...did PCLN short and WYNN long today... sdh 02/02/16 11:10:25 PM
#52296   Oh, please do. The ads suck. All the beachcomber1 02/02/16 11:07:52 PM
#52295   and I see I didn't renew ihub...I have sdh 02/02/16 11:01:55 PM
#52294   it has been exciting....never a dull moment... sdh 02/02/16 10:58:10 PM
#52293   Silly girl ... Luv this market now! beachcomber1 02/02/16 10:55:21 PM
#52292   They are growing so fast.... sdh 02/02/16 10:53:43 PM
#52291   Hi bc! good to see you too.... sdh 02/02/16 10:52:13 PM
#52290   WOOT Woot! Who is this girl? Good to beachcomber1 02/02/16 10:47:55 PM
#52289   Gaga to sing national anthem at Super Bowl 50... sdh 02/02/16 10:44:19 PM
#52288   Happy New Year bob! Here's to a sdh 01/01/16 12:26:32 PM
#52287   Merry Christmas sdh, I knew it was close bobirw 12/28/15 09:14:56 PM
#52286   Ahhh, There you are. I'm focusing on the beachcomber1 12/28/15 06:20:58 PM
#52285   hi bc.....Merry Christmas to you! I hope sdh 12/28/15 06:14:04 PM
#52284   Merry Christmas bob! No New York travel sdh 12/28/15 06:10:02 PM
#52283   girl, did you escape those tornadoes? guess your bobirw 12/28/15 04:41:59 PM
#52282   AMEN Sista!!!~~~ Be happy, be healthy, and enjoy Tuff-Stuff 12/24/15 07:08:31 AM
#52281   Welcome back sdH! I was wondering about you beachcomber1 12/23/15 11:03:49 AM
#52280   Hi stuffie! Merry Christmas to you and sdh 12/23/15 10:03:47 AM
#52279   Well.....Have a MERRY CHRISTMAS and a HAPPY SAFE Tuff-Stuff 12/23/15 07:05:23 AM
#52278   Well you know sdh, Topeka, KS is the beachcomber1 06/30/15 09:23:15 PM
#52277   E N J O Y !!! Tuff-Stuff 06/26/15 07:59:32 AM
#52276   Off to New York City for some summer sdh 06/24/15 10:15:46 AM
#52275   Sounds GOOD!..... Tuff-Stuff 06/01/15 12:27:55 PM
#52274   and about to head back to the school sdh 06/01/15 11:28:47 AM
#52273   hi stuffie! I'm here! Just not sdh 06/01/15 11:26:26 AM
#52272   Amen to that! Tuff-Stuff 06/01/15 09:01:31 AM
#52271   We haven't heard from her in awhile. Hopefully, beachcomber1 06/01/15 08:06:32 AM
#52270   MIA<>Gone over 2 months now??? Tuff-Stuff 06/01/15 07:30:45 AM
#52269   pretty neat!! sdh 03/27/15 03:59:51 PM
#52268   $ALTR ~ 45's sdh 03/27/15 03:59:36 PM
#52267   $ALTR ~ 44's..... sdh 03/27/15 03:56:58 PM
#52266   $BOX ~ volume + new hods sdh 03/27/15 03:56:28 PM
#52265   Altera up 22% after WSJ reports Intel in sdh 03/27/15 03:51:45 PM
#52264   $ALTR ~ might hit $44 sdh 03/27/15 03:48:40 PM
#52263   $ALTR ~ more new hods sdh 03/27/15 03:48:20 PM
#52262   I stop by a couple time, you trading kraigger23 03/27/15 03:44:44 PM
#52261   $ALTR up almost $5ish from prior post.....who needs charts.... sdh 03/27/15 03:42:47 PM
#52260   $ALTR sdh 03/27/15 03:38:54 PM
#52259   everyone is doing good....enjoying this nice weather.... sdh 03/27/15 03:37:12 PM
#52258   I just realized this wasn;t posted on option Millionaires... kraigger23 03/27/15 03:35:42 PM
#52257   Whats up Girl... How you been. Hows the Girls? kraigger23 03/27/15 03:34:49 PM
Consent Preferences