It would cost me more in comms to sell. It's just a dead stock that sometimes twitches.

LMFAO! I am a UNVC bagholder since Nov of 2011. I still have shares in an old stock account and noticed that it was moving around a bit. I wrote it off, along with other IHUB stocks in 2011 - all losers.

This is a scam that has been running now for 6 years. Cannot believe people are still falling for it.

It was my last pennystock, and last activity on IHUB til today. Good luck to the rest of you. The real stock market is a much better bet. Speaking from very expensive experience.

Go look at the earliest posts for UNVC - it is the same stuff, over and over. THIS IS A SCAM!

Would someone please poke the market with a stick to see if it's still alive?

This is boring... I'll check back in a couple hours....

You are absolutely correct. I thought I could catch a quick downdraft, but the only thing that downdrafted was the value. Thanks for the information!

Thanks - I am still fascinated with daytrading and hope that I can do better at it some day. But the longer term is more profitable for now. I admire your perseverance and intestinal fortitude to stick with it. You have outstanding mentors on this board!

Thanks Roy! Just confirmed why I don't do daytrades. Out SPY at .06, -.23! At least it was just a small one. Takes much more skill than the longer term.

Glad to see you still hanging in there despite the chemo. Doesn't seem to have affected your trading. Take care - I'm checking up on you!

BOT SPY $213 P Weekly @ .29.

Greetings all,

Can't resist a quick flip today. I've nearly sworn off short-term day trades. Mostly swing-trading options and stocks. But occasionally, will try a ST.

I'm doing much better with longer time periods. Trying to build capital.

Current Positions
- USO - Short (2 month trade)
- GDX - Long (" ")
- VXX Long (2 week trade)
- SLV Long (2 month trade)
- SPY short (daytrade, +2 month)

I’m going for small wins – willing to wait for them. They add up over time. I generally don't really hold for two months- just gives me more time to build without the dreaded Theta rot.

Been watching everyone - still amazed at the skill and great insights on this board, especially master-trader Roy. GLTYA

Thanks for posting this Roy. I had copied your settings in a post a long time ago and lost the doc when my computer crashed. Glad to have the refresher.

You guys are rocking today!

Bot WMT Dec 20 82.5 Puts @ .48. Doing a nice slow descent.
My av, tho, is 1.00, so still a ways to go.

Thanks everyone for posting your trading ideas today! Working today, so no time to do much faster trading.

GLTA

I highly recommend a free, introductory course at TradeSmart University called Foundations of Stocks and Options. If you don't see the free scholarship link, email them and ask for one. It will get you started on the right path.

Good luck!

Glad to hear I am not alone in misreading the signals today. I definitely have a bearish bias.

Once I can go full time on trading instead of writing for a living, then I can get a Mac. In the meantime, it's just easier to trade docs with my clients using a PC. Going to be using a Dell for awhile, courtesy of my client. Good chance to test it out without making the purchase yet.

Happy trading!

Hi Roy - glad to hear that you are tolerating your treatments OK and not losing money. I have a small SPY Put that's totally upside down today, so just waiting to see if it reverses.

Mainly, just wanted to say hi. Also, I am sorry for recommending the HP all-in-one. I'm ready to replace mine already. Not a good trading computer at all.

Take care!
Jane

My HP made me install a JAVA update right after placing some trades. Bot VXX Oct 24 $43.50 calls @ 4.21 on open for a quick flip.

By the time I got through the update, it was down to $2.44! Parts of my Etrade Pro app still not working properly. Maybe too much traffic.

Fortunately, have time to recover.

GLTA today

OUT TWTR OCT 10 $54 Put @ 1.30 (+.23)

BOT TWTR Oct 10 $54 Put @ 1.07

Seems almost inevitable that if you are in Africa and think you might have been exposed, you'd want to get to the US ASAP for the best chance to live, even if it means exposing others. Private benefits (life) vs socialized costs. It's a terrible situation.

OUT SPY Oct 3 196.50 Puts @ -.11. Criminy! Trying to trade on Fridays makes me feel like Charlie Brown kicking the football. Gonna stick to swing trading. Just not decisive enough to do it. GLTYA

Try again BOT SPY Oct 3 196.50 Puts @ .23

OUT SPY Oct 3 196.50 Puts (-.45) Ouch! Reminds me again why I shouldn't do weeklies! Fortunately, it was a small position.

Edit: OCT 3 SPY 196.50 Puts - Thanks Roy!

AAPL is dragging SPY around by the nose today.

BOT SPY Oct 3 $112 Puts @ .66

Thanks Roy. OUT SPY Oct3 $193.5 P @ 1.15 (+.32) Tried to up my sell to 1.30 but Etrade seemed to be lag on my sell change and sold lower than I wanted. Still, profit is profit. Today is a really good day. I'm traded out for now.

Still have some VXX 3.97 Nov Calls - can't trade anymore til tomorrow.

You are rockin it as usual!

Out VXX Nov 14 $30 Calls @ $4.55 (+.58)

Wow! Bot SPY Oct3 $193.5P @ .83. S&P next big support at 1920.

Guess that's one advantage of being a computer nerd in TX (Houston). We are not exactly social butterflies. Prayers to those affected.

My sister is a nurse - a little worried for her.

BOT VXX Nov 14 $30 Calls @ $3.97 -Out FB @22 (-08)

Thanks for the Hussman link Roy - consistent with what I'm hearing.

Thanks Dot - got in too early. I thought we were at bottom.

I've been watching Slim over on the TastyTrade network. He is a really good technical analyst - highly recommend his show from 12-1:00 every day.

His analysis suggests the three key indices - SPX, NDX and RUT will continue to drop for another week or so. Target for SPX is now 1920!

He has been amazingly accurate for the past couple of months I've been watching him.

Good luck to you too!

Bot FB Oct 3 $78 calls @ .31

AAPL trying to rollover - gonna take SPY down with it if it does. I've voting on bears today.

BOT SPY Oct 18 200 Puts @ 3.96 SWING Trade
Delta = .77

G'mornin' Roy!

Thanks for your posts, charts, etc yesterday. Gave me a lot to ponder. Still working through it.

After perusing my usual reading, and the stuff you referred me to, I have absolutely no idea what the market will do today. Not holding any options, and ready to swing in any direction at this point.

Have a great day trading!

Thanks - I'll check him out.

Good catch - I meant SPX.

Good insights Dot. When is the next Fed meeting?

Hi Roy,

Good trading and commentary today. I finally got upside on all my outstanding swing trades, so ready to try some shorter trades again.

I could see this big pullback looming in the charts for awhile. What is your take on it from here? Should give us some good chop to trade for awhile.

How far down you think it could go and for how long? Slim on TastyTrade was saying today that SPY could well get back down to the 1920s. What are your thoughts?

You win the nerves of steel award! Wow!

Your instincts were good. It's amazing how fast it zoomed up from the 200. Not gonna look at it for the rest of the day.

Hopefully we got our irrational exuberance out of our systems today and it will go back to normal. I suddenly got upside down on all my swing trades.

What caused that surge? Getting whiplash today!