MARY4MONEY 806 posts msg #80773 - Ignore MARY4MONEY |
10/7/2009 10:15:29 AM
just play the daily to 15 minutes rsi-2-- play the next 2 options above the current price 10-1 was the last bac daily rsi-2 bottom-- got the 17 and 18 calls on bac while bac at 16.24--sold them yesterday while bac at >17.32 17 call for 0.25 sold for 0.82 18 call for 0.11 sold for 0.37 then bought the 18 call for 0.20 while bac at low yesterday-- sold today at high near for 0.35
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choymi8828 47 posts msg #80777 - Ignore choymi8828 |
10/7/2009 12:39:33 PM
M4M,
Is there a reason that you focus on BAC options and not FAS's ?
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Kevin_in_GA 4,599 posts msg #80786 - Ignore Kevin_in_GA |
10/7/2009 2:20:57 PM
Uhh ... look at his performance.
I think he's got BAC done to a science - why switch?
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karennma 8,057 posts msg #80800 - Ignore karennma |
10/7/2009 8:22:02 PM
Disclosure:
The low on those Octo $17 calls was 0.25 on October 2nd ... FOR A SPLIT SECOND.
Congrats M4M for catching that SPLIT SECOND !!
Good job!!
HOWEVER, they are 0.74 cents now.
So, we've missed quite a bit of the move.
I guess he means there's more to come ... ??
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Kevin_in_GA 4,599 posts msg #80801 - Ignore Kevin_in_GA |
10/7/2009 9:15:15 PM
can you set up a limit but order on options (buy if XXX goes down to 0.25) like you can do with stocks?
Otherwise this is too good to be true - no indicator(s) can be that accurate and timely.
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the_trade123 107 posts msg #80812 - Ignore the_trade123 |
10/8/2009 1:46:44 AM
I agree with Kevin.
Sometimes M4Ms claims seem to be too good to be true.Although his ideas are pretty good for sure. I would definitely like to get trained by M4M live, if he can demonstrate really.
I cannot trade intraday due to my work and options trading does not allow stop loss although it does allow limit ordering.
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