Replies to post #110230 on Bagman's charts, watchlists, scans and etc.

[Ecomike]

I have not traded options for 1.5 years or more. Takes too large a move to usually pay off. The odds favor the options writers that own the shares the options are written against. It is easy to sell call options, and buy puts when you own huge stock positions like a hedge fund or mutual fund, and make scandalous profits dumping the shares to complete the deal. But at the right time these biotechs can make huge double swings, way up then way down, ripe for people like us I think. One smart thing to do is watch MaxPain numbers on options as a signal as the where individual stocks may be heading!!!

http://www.optionpain.com/

Right now though, it looks like I should get a nice RTO on KERX. I did not risk a lot of $$s, more of an experiment to see I have it figured out yet.

[Ecomike]

Max pain for Feb 16th expiration is 4-5 dollars :-)

http://www.maximum-pain.com/max-pain.aspx

Enter KERX, Feb 16th and submit for the chart!