DAN These periodic updates are a tremendous improvement over the previous here it is, run with it approach. Your update includes reenforcement of the thesis, and how the chart supports what going forward action should be. It also allows members to take actions based on illumination by the mentor, not action based on fear, greed, etc. Thank you for this positive change.
Dan: I think these periodic updates are great. I find them quite helpful in refreshing the original trade logic and your understanding of how the movement so far impacts your though process on them. I always struggle with my exit strategy and these seem to help me in improving my trading.
To quote a reliable source: “DUDE! Finally!! Thank you so much!!!”
Great help, Dan: I completely agree with M. Novack and geewhiz. Lotta work for you, but please know that it is much appreciated.
Dan -The OMM strategy sessions and trading updates has provided another anchor, support column, if you will, to an already structurally sound education platform you provide. I strive to assimilate everything you say. Every little bit helps this newbie. Thank you!
Dan, these updates are fantastic. I ESPECIALLY appreciate the little tidbits of technical information you throw in here and there (though you probably don’t even realize you do it). For example – stating that the erosion of call options accelerates around the 45-50 days to expiration mark. For newbies like me, that is great information!
Separately, I came across something yesterday while looking Jan ’12 330 calls for AAPL. What caught my eye was the apparent availability of two different call options at the same strike but priced at $11 and $43, respectively. Turns out the lower priced one is a binary option- you hold it to expiration and either receive $100 per contract or $0. Just wondering your thoughts on these types of options. Under what circumstances might they be useful, if ever, for a trade? Thanks.
DAN These periodic updates are a tremendous improvement over the previous here it is, run with it approach. Your update includes reenforcement of the thesis, and how the chart supports what going forward action should be. It also allows members to take actions based on illumination by the mentor, not action based on fear, greed, etc. Thank you for this positive change.
Dan: I think these periodic updates are great. I find them quite helpful in refreshing the original trade logic and your understanding of how the movement so far impacts your though process on them. I always struggle with my exit strategy and these seem to help me in improving my trading.
I am new, how do you interact in the forum?
To quote a reliable source: “DUDE! Finally!! Thank you so much!!!”
Great help, Dan: I completely agree with M. Novack and geewhiz. Lotta work for you, but please know that it is much appreciated.
thanks Dan!
Dan -The OMM strategy sessions and trading updates has provided another anchor, support column, if you will, to an already structurally sound education platform you provide. I strive to assimilate everything you say. Every little bit helps this newbie. Thank you!
Dan, these updates are fantastic. I ESPECIALLY appreciate the little tidbits of technical information you throw in here and there (though you probably don’t even realize you do it). For example – stating that the erosion of call options accelerates around the 45-50 days to expiration mark. For newbies like me, that is great information!
Dan,
The updates are very helpful.
Separately, I came across something yesterday while looking Jan ’12 330 calls for AAPL. What caught my eye was the apparent availability of two different call options at the same strike but priced at $11 and $43, respectively. Turns out the lower priced one is a binary option- you hold it to expiration and either receive $100 per contract or $0. Just wondering your thoughts on these types of options. Under what circumstances might they be useful, if ever, for a trade? Thanks.