Did not get word of trade on time to get in according to the guidelines. Is there another entry that makes since. I did not want to chase, now wish I had.
Not able to monitor email constantly (have to work for a living still) so did not see it until way too late. If it had been issued Sunday night I would have seen it Monday morning. Now the question, is it even reasonable to chase at the level it closed at???
By the time I figured out this was April options and not May, I was priced out. Past experience has been that the option prices do come back down … if they do I’ll grab some; if not, I missed it. No worries. That’s how it goes.
I missed this trade because I don’t get to my email till after work 6pm central time! Fortunately I made this trade last week. Is there any way we can get this type of message in mobile phone text message which would have reached me within minutes rather than 2 hrs after the market closed. Please create a phone text message platform and we Beta clients would be ever so grateful. Thanks for the great ideas Gary & Dan and your fabulous team. lr
In last months question and answer Dan/Gary stated there would not be any text messages sent since it is possible to configure a persons own e-mail to forward certain e-mails as text messages already. You can do this at Google for sure, I know because that is what I setup for myself.
Dan, there is ex-dividend date in early April? How is the ex-dividend date impact on the option price? I do not think the strike price is adjusted for ex-dividend. Please educate us how to treat the long call options for high yield stocks. Thx. -eric
gary mentioned that TD Ameritrade will not autotrade with OMM. Since TOS is owned by TDA I assume that TOS will also not autotrade. I am a fellow TOS user.
left my limit buy for $1.05 open for an extra day and got in this morning just after the open. Has anyone seen news that would explain the big run up in price yesterday? Or did the big block of autotrades get the smart money attention and drive the price up?
I missed it also! I’m so damn new at all of this! I still have so much trouble putting together those spreads and understanding how people are limiting their risk by picking certain options. Anyone know of a book or just a way to get better at it? Also, I try to study the underlying stock and it’s pattern as well as the delta, any other metrics I should be concerned with?
Arthur: The best way to get better at options is to take a class and of course follow what Dan is teaching us. I took an excellent class at UCLA a year ago. Find one in your area. Also a good book to get is: McMillan on Options, 2nd Edition. Get it on Amazon. Good luck!
Quick trade. I bought 50 contracts APR $36 at $1.02 on Tuesday (3/1) and then sold them all at $1.11 on Wednesday fro a nice 6.9% gain ($367). Not a lot of money but I used Dan’s adage: better to take a profit on a trade (small or large) than any kind of loss. I was worried about the current market so I just got out quickly.
I have another limit order for APR $36 <$1.2 an dhope it gets filled tomorrow and then I might stay in a little longer.
my 2 cents
Missed it god darn it! Hopefully will pull back but have no idea when to enter. Maybe halfway between today’s low and high
50% retracement.
Did not get word of trade on time to get in according to the guidelines. Is there another entry that makes since. I did not want to chase, now wish I had.
Not able to monitor email constantly (have to work for a living still) so did not see it until way too late. If it had been issued Sunday night I would have seen it Monday morning. Now the question, is it even reasonable to chase at the level it closed at???
By the time I figured out this was April options and not May, I was priced out. Past experience has been that the option prices do come back down … if they do I’ll grab some; if not, I missed it. No worries. That’s how it goes.
I missed this trade because I don’t get to my email till after work 6pm central time! Fortunately I made this trade last week. Is there any way we can get this type of message in mobile phone text message which would have reached me within minutes rather than 2 hrs after the market closed. Please create a phone text message platform and we Beta clients would be ever so grateful. Thanks for the great ideas Gary & Dan and your fabulous team. lr
Larry,
In last months question and answer Dan/Gary stated there would not be any text messages sent since it is possible to configure a persons own e-mail to forward certain e-mails as text messages already. You can do this at Google for sure, I know because that is what I setup for myself.
Dan, there is ex-dividend date in early April? How is the ex-dividend date impact on the option price? I do not think the strike price is adjusted for ex-dividend. Please educate us how to treat the long call options for high yield stocks. Thx. -eric
Missed the VZ entry. I will ask again, are you talking with TOS for autotrading? If not are you ever going to talk with TOS?
gary mentioned that TD Ameritrade will not autotrade with OMM. Since TOS is owned by TDA I assume that TOS will also not autotrade. I am a fellow TOS user.
Currently using Ameritrade, is there a preferred routing method other than “SMART”.
left my limit buy for $1.05 open for an extra day and got in this morning just after the open. Has anyone seen news that would explain the big run up in price yesterday? Or did the big block of autotrades get the smart money attention and drive the price up?
I waited patiently today and was filled under Dan’s limit suggestion. Long VZ calls
I missed it also! I’m so damn new at all of this! I still have so much trouble putting together those spreads and understanding how people are limiting their risk by picking certain options. Anyone know of a book or just a way to get better at it? Also, I try to study the underlying stock and it’s pattern as well as the delta, any other metrics I should be concerned with?
Arthur: The best way to get better at options is to take a class and of course follow what Dan is teaching us. I took an excellent class at UCLA a year ago. Find one in your area. Also a good book to get is: McMillan on Options, 2nd Edition. Get it on Amazon. Good luck!
Quick trade. I bought 50 contracts APR $36 at $1.02 on Tuesday (3/1) and then sold them all at $1.11 on Wednesday fro a nice 6.9% gain ($367). Not a lot of money but I used Dan’s adage: better to take a profit on a trade (small or large) than any kind of loss. I was worried about the current market so I just got out quickly.
I have another limit order for APR $36 <$1.2 an dhope it gets filled tomorrow and then I might stay in a little longer.
my 2 cents
oops – that limit trade for tomorrow is at $1.02 (not $1.2!!)