Previous discussions on options. http://profit.ly/user/Scalzo2016/blog/options-trading
Good job, time to go verified @darrellwayne13 I am doing the same thing with options. Better profit margins if hit correctly. Good job!
anybody have any videio on Option
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@timothysykes Have you made enough profit this year to get out of the PDT rule yet? You seem to be doing pretty good.
@Rollingball i don't think all his trades have been with his small amount this year
@timothysykes I am a little confused when it comes to the PDT rule. According to my broker, and what I have been doing has been on less than $2000 and a cash account.... I have no margin no, but, I can trade as much as i want with buying power for the day? I think people are misinformed when it comes to thinking they have to have 25K just to day trade.
@CJaxson I hold half my stocks overnight so this no confusion, overnight trades don't matter
I meant confusion with other traders thinking they have to have 25K just to trade often. Sorry, needed to clarify lol.
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Lots of interest in trading options lately because of the amazing potential. I just want everyone to understand there is also great risk. Today I am refunding my account because I was not disciplined in taking losses. For anyone to just jump into trading options without proper education would be account suicide. Options expire worthless.... Good Luck
When you say the most you can lose is 100% you're talking about the cost of the option right?
Yes.
When you're on the buying side. Selling you can lose more than 100%.
What technical analysis studies are you using? Any ichimoku, Fib's, or bollingerbands?
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Hmmmm..... Short it?
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@CJaxson Are you playing mostly blue chip stocks?
I do options versus solid stock buying as my account is not the size to buy thousands. Also profit margins are higher for options.
@Rollingball ^^^
Be careful with the options.
@Rollingball I seem to be doing okay, check out some of my trades. Options have more % potential. I don't see the point in risking thousands to make hundreds.
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slowed down mid day. May be able to play between 1.90 and 2.04 if it starts moving again.
Heard of insider buying of almost 150,000 shares around newyears. No news for it to spike; could look like LEI after it's spike.
@ProfitVine I did notice there was no particular catalyst for this, but I try to follow the price action ( and sometimes I'm wrong). It is a bio stock so what I've heard from @timothysykes is to play the price action.
This was mentioned here: http://www.proactiveinvestors.co.uk/companies/market_reports/120933/markets-off-to-worst-start-to-a-year-since-2001
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I'd watch ROVI looks like maybe a quick dip
RSI is showing over bought and IV rising
Yep, didn`t buy at the market open. Volume was to light. Still keeping it on watch. Thanks for comment



Should have stop limits to set....
i got it thank you
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