So, let’s take a look at the current RUT(385.31 +0.00) trade. Below is a snapshot that I took from the Analyze page in the thinkorswim platform for my current papermoney Russell 2000 position.
Here is what you are looking at. The white line is Jan 10th 2008 theoretical value of the current position, the green [...]
Here we go…
Bank of America BAC(11.25 +0.00) might buy Coutrywide CFC(0.00 +0.00) - here is the link to the yahoo finance story.
Big Ben wants to lower rates - here is another link, again yahoo finance
However… American Express is warning that 2008 looks a little bleak - yahoo finance.
What does it all mean!??
Well, I [...]
What would happen if… my thoughts on an interesting trading idea. A bit of analysis and some more follow up to come in a few weeks once this plays out for real.
This month I tried something that seemed like it would be a good idea at first. While talking with a fellow options trader the idea of trying to scalp some profits using an Iron Condor came up. What if you could sell a 5-point spread Iron Condor for more than $5.00. In [...]
Well, its back to the races! Expiration Friday is behind us and last month was a good one. I only had one trade on, but it was a very successful one I’m out looking for new candidates for the march cycle and think I might have found a good one. I’m [...]
