Replies to post #18209 on Options Wonderland

[langlui]

I will suggest V $67.5 and $70 option. V broke $70 resistance and that was major. $67 is strong support now.

[langlui]

sharing a story with you...

My BF bought the GOOG April $400 put and $500 call on Thursday. He turned the $500 lotto that he spent on the $500 call on Friday to a whooping $40,000 (minus the losses on the $400 put). I gave him this suggestion but i didn't do that myself. What a shame. Now I really think I was controlled by the demon last week :P I was crying and mad at myself but he was so happy that he doesn't know how to comfort me :(

[The_Game]

Just understand price and volume a little better than before. No more need for these technical indicators as most of them are laggers. Studying the currency market some also has helped as the currency market rules equity market :)