OPTIONS TRADERS CO-OP

[DragonBits]

Bits, we always need to remember what our task is here, that we must deduce/imagine/forecast what our competition (the universe of other traders at any point in time) thinks should happen. That can be quite a bit different from forecasting what the underlying stock (and any option strike) should do.


I am more worried about what kind of crazy idea I might get.

It seems like I have been mostly buying that right price, but I underestimate how far a trend will go. UP or down.

I am surprised we went positive, surprised how much we sold down after that, and it still looks like we could get a 2 day rally.