Working on being a better person..to you, my family and most importantly Me
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You got your wish.....$28.81-$28.85 Great opportunity here. Employment numbers come out Friday I think along with housing starts. Along with Europe concerns I think we will a rise above $31.00
Thanks Aurora,
I think I understand.(kind of) can you recommend a practice platform that I can use for a rest of this year and then dive in head first?
so if the strike price is $30.00 and I secured 10,000 shares or 10 contracts When the Share price was 29.10 then if the strike price is achieved three days after I take my position. then I only get the delta between the secured premium (.60) and the new premium (.87). I don't get the secure the delta from the acquired price and the strike price?
Can I exercise my strike price (if achieved) prior to the close date? So in my example the strike hits three day after I take my position. can I exercise early and then turn and sell back and take the delta of the secured price plus premium and strike price?
Sorry if I sound ignorant, but I alway play cash...just looking to leverage my cf better.
Aurora,
Option question....
If buy an option call let's use SDS and say the option price is .60 for a Oct 30 call of $30.00 the current price is $29.15.
If that stock goes to $30.00 three days later and I cash out and the new call price is .87 do profit from the difference in the call stock price or the or the option delta between .60. and .87?
I have not yet got my head around this.
Me too...looking to re-enter tomorrow then. ride on earnings reports this week and next week. This time of year is a great time to play both ways....
Aurora,
Did I call this or what?
Chase but I hate Chase at all levels..I am not a fan of GS either.
Who is interactive?
Aurora,
What commodities house do you use for metals?
Aurora,
Are you seeing FAZ and SDS...?
This will end down and then bounce hard Monday is my prediction.
FAZ over 2% down is a high number for that stock. If FAZ goes below $13 again I am in. same with SDS I am looking at entering @ $29.25
yes...almost every year at this time. will get out soon and re-enter on the pre-winter dip. The changes have something to do with the South African production schedules...I am not sure if they do a shut down or what but it seems to move up in at the end of summer and then tail off until just after the holidays or the first of the year.
Copper will run until just after thanksgiving and then again just after the first of the year....Look at the 10 year trend curves. It patterns out well.
I don't know if we have any reports coming today but we should see a turn because it is a new month. SDS seems to turn green most of the time during EOM reporting
perhaps you can share your scans when you finish
Aurora,
FAZ and SDS tomorrow My bet is SDS will go red soon after the bell.
keep in mind that you should alway secure your profits. and play with free shares on any penny. This will cycle back up. it drop down into the 00's and that is when you re-enter. The 52 week high is .10 so I would see this popping back after we secure news.
Aurora,
Look at copper....this is the season
Just cleared my position in SDS ... in @ 28.74 out @ 29.81...I love this stock
We are here just working on getting more stock. This happens...If you didn't secure profits at .07 and above this is a lesson. First rule of penny land. Secure profit when stock plateaus.
Guess I'll have to buy some more......
What is happening to our stock? is this a mega MM shake?
All we need is some econ negative report ad bam!
Check the history when this stock drops to below $29.50 it will always run back up within ten days to $32+
did you get Oct 16th?
Thanks for the insight.....
I will play to speculate....@ 29.43 I don't think it wil drop to $28.50..I do feel by trend it will go to $34.00 with in the next week or so.
I didn't....I will set some cash aside for Monday and see how I do.
I do agree that S&P is trending down. SDS is at the second lowest point it has been all year. Going into the holiday season This stock will rise it always has through February mid march. look at the RSI is trending to the power zone. Look for big money to be made over the next 90 days.
FAZ will..it will turn up just prior (and I mean minutes) to the S&P heading down. SDS will right on it's tail. This a consistent trend over at least the last 18 months that I researched.
This is a great cash flow play....generates a lot of cash. to play SDS your really need at $15k in.
Did I miss something while I was on vacation? A little slide action...Which is not a bas thing...will add as soon as they sell to someone else besides them selves.
What is up with this?
Anyone else not getting filled today?
Thanks...I'll try a few small contracts and see how well they respond.
Can you move options on a daily play? must you hold for a certain time period?
Example: SDS closes at $29.00. you buy a contract as a call for January @ $32.00. The next morning we get poor economy news and the S&P starts to tank driving SDS up to $35.00 can I close that call @ $32.00 that day?
The problem I have now is that I tie up $400k on this play every day. I trade it at least once sometimes more. so it really kills my cash flow for other opportunities.
I did a six month 12 month and 18 month review. It seems to be fairly consistent and provides a window from 15-30 minutes. I have not graphed it out. I have never played options...I have not understood them well enough to jump in. Perhaps you can mentor me on what to look at and how best to play. It would be nice to leverage my funds instead of just buying the stock. of course I generally only hold SDS for a few hours so options may not work for me.
Back from vacation....man am I tired
Auroradude,
Did you look at the relationship on the movement between FAZ and SDS? I think FAZ shows movement alerts to SDS.
Well Cruel,
If this is a garbage stock than I hope every stock I trade is garbage. to date this "garbage stock" has generated over $100k in profit to my account.
I am a garbage disposal!!!!
Yes we are. Spending time in the Pacific Northwest now will head back to Utah Middle of next week.
Aurora,
Track FAZ vs SDS. I think it has consistently turned green prior to SDS going green and consistently turns red prior to SDS going red. May bwe an early indicator of $SPX changing direction giving us a heads up. I am going to review the two charts for the last six months and look for that pattern.
This was a great play....$54,564.00 in the bank in eight days....
We are driving right now and having a great time. just left Oregon now heading to Washington and Idaho.