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.
Strong disagree. Next week volatility will increase every day.
http://seekingalpha.com/article/409401-coming-week-market-movers-prepare-for-2012-s-riskiest-week-thus-far?source=yahoo
Bought March VXX 28 calls
Bought SLV 32p and 30p to hedge my calls. 1/3 position size
Bought more 35c SLV weekly @.18
Bought 10 SLV weekly 35 calls @.23
Holding AMZN 185c 190c weeklies & Bidu 140c weeklies &VVUS 17p march.
All looking quite sexy so far today!
CLSN meanwhile had a little surge. I might see my march $2.50 calls close in the money after all!
I like fxpro.com and fxdd.com. They have stable spreads of like 2/4 during night hours, which is helpful if you want to scalp.
VIX up or down?
With the market ramping like this, do you think VIX and VXX will go down or up? The gap is the largest this year so from my understanding it should raise the volatility index and vxx as a result. But usually when the market goes up volatility goes down. It's already so low, could it really go down to 15 or lower when iran is cutting off oil supplies and putting war ships in port?
ZNGA! Can she break 13 dollars before close?
I think the VIX has bottomed and will be spiking next week, with elevated levels of volatility over the next few months. Things are way too stable and inflated for the precipice the world is at. I vote no to austerity and yes to wild swings in the indexes coming soon to a market near you.
Bought Feb wk4 VXX Calls.
I misread it. 610 goog call, good for a play if the market turns around could be valuable.
I think the 620 is a bit too out of the money for todays muted volume and bearish sentiment to warrant buying 620 calls for google. It doesn't make sense to me why it would close the gap today, or even make an attempt at it. But I'm a doom saying perma bear with self hate issues because of quantitative easement. Don't yell at me.
Damn forum Edit post doesn't work for me. I was trying to say that BIDU seems to have suddenly lost its volatility, and that makes me think it might be pinned to 135 just because its options expiration.
My paper trades today are doing disgusting. I called SINA bottom, flipped apple correctly. Made a killing. So, I want to make a cash trade, and the one I'm looking at doesn't make sense to me, but my guts have all been right so far today. Today's BIDU 130 put is at .05x.06
But what does it mean? Just that while QE ramps the stock market higher, big money is still hedging themselves into the future by buying VXX?
VIX / VXX divergence. VIX going down VXX going up.
CLSN got some lame duck buy coverage with a target of $7. It's miraculously gotten a green day after 6 days of losses. I'm holding the march $2.50 calls on it. I'm not really recommending anyone purchase calls on this beast, but if you want to risk it, there's a chance it will pop near term, but it's really a very long term play, since its just a pharma company with drugs in the pipeline.
There's 7 contracts of the 2.50 call at 10 cents before it turns into 15, if there's any bargin hunter options buyers out there, lol. And no, they're not mine.
DE triple tapping low. If it ever bounces, this is the spot it'll bounce from. tomorrows 85 calls are 6x8
When it comes to XEC, it's in the middle of a strong uptrend. I'd advise you wait until it confirms a reversal in trend. It's safer than buying puts on something that could continue strong accumulation.
Bought TZA feb 20 Call @.29
I think just the opposite, and think that apple has put in a top and is due to head down. It's had a series of lower highs in the past hour and looks bearish to me, but I have no position so watch it skyrocket.
FOSL back to the high and breaking out.
Didn't last long. Bounced right off the high.
FOSL tanking all morning so far.
Miserable day for me. Wanted to sell my MCD calls from .90 at the open, which would have been 1.40 and then short it, which would have been .15. Slept through my alarm. The puts went up to .70. So instead of making 50% then 300% I lost 50%. BLARGLE
Screwed myself today. I had calls on MCD and was planning on selling them and switching them to PUTS at the open, but I slept through my alarm. Now MCD is down over a dollar from its opening price, I still have the calls, and I'm stuck hoping it goes back up, rather than having puts while its at the low of the day. Dammit!
MCD is doin it right today. New HOD
CLSN @ HOD $2.28 CRR has americanbulls.com sell confirmed signal.
Bought CLSN March 2.50 Call @.15
Tried to double down on my CLSN april $3 calls and they raised the ask on me by 5 cents. Now my bids are just sitting there.
As for priceline
http://americanbulls.com/StockPage.asp?CompanyTicker=PCLN&MarketTicker=NASD&TYP=S
Sketchy.
bought CLSN April $3 Call @.10
Bought MCD 100w Calls @.90
Looking at NFLX 135 weekly call @ around 2 bucks. Anyone got any opinions on netflix? Looks like no resistance up to the heavens. It feels a little expensive to me though. I might look elsewhere.
Bought some SODA 45 Calls @ .75
I'm back, and I'm going to try again.
A brief tale of woe for the board before I go.
I started playing options again late october because my father convinced me the market was going to crash. I was 1 month into a blossoming relationship and was feeling daring so I decided to try options again. At this point it'd been a good year since I traded the market. He wanted me to short the market, but I was convinced that (during the whole greek thing) it was going to go up. And did it ever! I flipped 500 bucks into 2000 in two days. Then I shorted the market for over the weekend. That weekend was Halloween. Drunk at a party my girlfriend decides to have a serious talk with me, and explains to me that she wants to marry me and have my children, but explains that I don't have enough money to support her. Considering I was falling in love with her, but we'd only been going out for a month, this kind of talk shook me up to the bone. That monday after a EUR/USD crash my account rose to 15 grand. I tried to impress her with the fact that it was indeed possible to make money in the markets with this, but her attitude was more along the lines of, until I can do what I just did with a larger amount of money, it was meaningless and just gambling. So I put myself to the grindstone, limited my trades, and tried again, hoping I could make it over the 25k mark so I could at least trade without restriction. I followed my dad's opinions as well as the analysis of reddragonleo.com, and over the course of the next month, had lost all my money. I learned hard lessons, about believing in myself rather than what people were telling me, even if it was my own family, and tried again, and again, and again. Shortly into december after I had failed with a deposit of 400 bucks, my girlfriend, who had been the one talking to me and my family about wanting to 'go the distance with me' spontaneously broke up with me. I think the lesson that should be learned from my struggles this past few months here is don't let other people diminish your successes, and don't fight for anyone other than yourself. Don't idolize certain monetary targets (like the magic 25k) and don't listen to other people over your own instinct.
Sorry craps. I tried my best but it didn't work out. Towards the end there, the past week or two, I shadowed some plays from other people on the board, but that didn't work out either. I seemed to pick all the losers instead of the winners. Cant' win them all! At least I didn't throw 80 grand at weeklies or something.
Mostly my mistakes have been being wrong. I started off perfectly in tune, and then after one night when some personal things came up that set me in a tail spin, I'd been fighting unsuccessfully to get it back ever since. The lesson here I guess is recognize when you're in a tailspin, have the courage to walk away for a while. I didn't learn this lesson. I'm just out of money, lol.
Confidence I've always had, even when I sucked. I try not to give up on something I set my mind and heart to. Paper trading's something I've done before, and for some reason I always did better than my real trades. Unfortunately I'm not gonna have time to paper trade since I'm going to need to work days to make some money back. I'm not really sure what I'm going to do, but one day, I'll be trying this again.