Replies to post #16189 on OPTIONS TRADERS CO-OP

[royg1927]

So, when you have identified those features, how much of the move can you confidently forecast remains?

I suggest that building a suite of indicators that will FORECAST such a move would be a worthwhile endeavor.

Hint: That will take a while.

Hint 2: Watch what Beerworld must have been studying BEFORE he enters a SPY Calls position

Hint 3: Don't expect a Beer SPT calls entry to result in an immediate long run most of the time. They come, yes, but rarely. He depends on a high percentage success in booking moderate gains time after time with very rare failures. He chipped away at one just a while ago.

What do you suppose he saw a while ago that resulted in SPY 195 calls entry again at .30 ?