Comments on: What’s With This Crazy Options Market? http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html Freshly squeezed market commentary & analysis Sat, 21 Nov 2009 16:04:04 +0000 http://wordpress.org/?v=2.0.2 by: jegan ;-) http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35387 Mon, 03 Nov 2008 02:09:35 +0000 http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35387 I have noticed that all the option pros are pushing selling calls as a means of making it in this market. The story is that the volatility is too high and options are too expansive to buy, but they can make you a lot of money on the sell side. Even Warren is doing it with his BNI shares. And as noted above, every time I buy a ticker, I check out the put price, but it's ridiculous. You might as well just place a tight stop. jegan ;-) I have noticed that all the option pros are pushing selling calls as a means of making it in this market. The story is that the volatility is too high and options are too expansive to buy, but they can make you a lot of money on the sell side. Even Warren is doing it with his BNI shares.

And as noted above, every time I buy a ticker, I check out the put price, but it’s ridiculous. You might as well just place a tight stop.

jegan ;-)

]]> by: Babak http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35211 Thu, 23 Oct 2008 20:35:18 +0000 http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35211 Take a look at the report in my freebies section, I think it will answer your question. Take a look at the report in my freebies section, I think it will answer your question.

]]> by: George Constatine http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35209 Thu, 23 Oct 2008 17:24:19 +0000 http://www.tradersnarrative.com/whats-with-this-crazy-options-market-1983.html#comment-35209 Sorry to ask this again, but regarding these confusing indicators, did we really experience a 90% upside VOLUME and 90% upside POINT day on the NYSE operating company index this past October 13th? I have NOT heard Paul Desmond say we did experience this, and I am not sure the NASDAQ serves as a good proxy for the NYSE. Desmond has warned that a 90% upside day that lacks either POINT or VOLUME should not be taken seriously. Can someone please help me with this? Sorry to ask this again, but regarding these confusing indicators, did we really experience a 90% upside VOLUME and 90% upside POINT day on the NYSE operating company index this past October 13th? I have NOT heard Paul Desmond say we did experience this, and I am not sure the NASDAQ serves as a good proxy for the NYSE.

Desmond has warned that a 90% upside day that lacks either POINT or VOLUME should not be taken seriously. Can someone please help me with this?

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