Well option traders, I hope you guys missed me. I had a wonderful time in Bimini, Bahamas. I would suggest it to anyone who does like nature and wants to avoid crowds.
Option traders, here is why I HATE 'smart' routers. At the end of the day today I went to go sell the IBM Oct 135 calls at .35.
Option Traders, after the sell off today, I am still bullish IBM. The Broken wing doesn't make sense anymore because the 135 calls are so cheap.
Option Traders, I get so many students that get assigned on options in ETF's either the Thursday before expiration or the Friday morning of expiration.
[caption id="attachment_338" align="alignnone" width="300" caption="This is the IBM Call Butterfly I am planning on trading tomorrow"]http://www.option911.com/blog/wp-content/uploads/2009/10
Option Traders, I certainly am starting to get excited about what I'm seeing in the option markets.
Option traders, I thought I would start a Saturday post reviewing the major trend of the previous week and looking slightly ahead to the following week.
Last week we saw the market take back every
The Article is about why we need to understand weighted vega, its a dense subject, but it is also important. I hope you guys like it. If you have more idea let me know.
Option Traders, I know I have harped on this before; If a trader is past his goal for P&L or is close, consider exiting the trade on Friday.
Option Traders, where was the market on the close of last Wednesday? The SPX closed 1057.08. Where did the SPX close today?