abelincoln
126 posts
msg #103869
- Ignore abelincoln |
12/20/2011 5:22:53 AM
if u think an option can move from 11cents to over 70cent in less than 2hrs ur nuts
who is blackthought?
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straken
469 posts
msg #103882
- Ignore straken |
12/20/2011 10:44:26 AM
Abe,
Myself and TRO have been trading the weekly options on several stocks for months and both can say many move from .10 to 2.00 in less than a few hours. It really depends on the underlying stocks gamma and suppy and demand of the option itself. Big movers than can move really quick are GMCR and PCLN. A few weeks ago on a GMCR breakout I had a position filled at .35 that I was able to sell at 2.40 just two hours later, and if I would have held them another two hours I could have sold at 3.40
They're out there, you just have to find them. Avery made a great stats filter for stocks trading weeklys over in the trade the gap thread.
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abelincoln
126 posts
msg #103886
- Ignore abelincoln
modified |
12/20/2011 11:50:45 AM
howd you find GMCR
as a matter of fact why did you sell at 2.40
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abelincoln
126 posts
msg #103887
- Ignore abelincoln |
12/20/2011 11:52:39 AM
if you think u can sell a 80cent option and buy it back for 13cents...thats nutz
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jthelen
29 posts
msg #103890
- Ignore jthelen
modified |
12/20/2011 1:10:11 PM
Straken,
Could you elaborate on how you trade the weekly options? What is your entry/exit criteria?
JT
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maxreturn
745 posts
msg #103899
- Ignore maxreturn |
12/20/2011 5:16:37 PM
Hey Abe aka OptionPlayer aka Mary4Money. You my friend are mental. Get a psychiatrist
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