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Options Trading with Option Addict

Option Addict
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

AHWOA CRASH COURSE

Option Addict Fri Mar 27, 2015 1:18pm EST 21 Comments

Since today is destined to provide only time decay, in our After Hours with Option Addict meeting today we are going to tackle futures trading. If the market volatility kicks up next week you can set options aside and focus on day trading a few high probability set-ups with me.

If you are going to attend, please visit the CME site to take notes of contract specs for Index futures contracts. Mainly margin requirements, contract specs, and point values. I’m going to spend more time on the application and risk management angle.

http://www.cmegroup.com/trading/equity-index/

I only focus mostly on equities, metals, and oil. However, you might look at currencies, rates, various commodities, etc.

See you After Hours.

OA

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21 comments

  1. mk
    mk
    March 27, 2015 at 1:36 pm

    OA thoughts on next weeks BABA calls here? Namely is it prudent to hold over the weekend due to the time decay, or wait and hope it doesn’t pop too fast monday?

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  2. UncleBuccs
    UncleBuccs
    March 27, 2015 at 1:38 pm

    OA – I’ll be attending via recording, but please know I’m really looking forward to this. Might even spark up a Las Calaveras while watching…

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  3. gauts
    gauts
    March 27, 2015 at 1:49 pm

    OA, would you please spend 5 minutes talking about the TICK? Much appreciated.

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  4. jake0380
    jake0380
    March 27, 2015 at 1:54 pm

    OA-%20Holding%20SCCO%20leaps%2C%20%20got%20in%20at%20recent%20highs%2C%20would%20you%20add%20here%3F

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  5. jake0380
    jake0380
    March 27, 2015 at 1:56 pm

    Not%20sure%20what’s%20happening%20to%20my%20post

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  6. k_melancon
    k_melancon
    March 27, 2015 at 2:08 pm

    slllllloooooooowwwww

    picked up a few TWTR 50.5 weekly calls for a yolo –

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  7. MRBIG
    MRBIG
    March 27, 2015 at 2:38 pm

    ASHR 41s for Apr with next data Tues . night…win win with PMI ; bad is good and good is good .

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  8. chiefton15
    chiefton15
    March 27, 2015 at 4:06 pm

    back in big on the short side. Shorted energy and financials and long volatility. We may get a bounce Monday Tuesday for end of quarter at which point I will short more.

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    • gauts
      gauts
      March 27, 2015 at 4:11 pm

      Holy crap, chief. You got balls.

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      • UncleBuccs
        UncleBuccs
        March 27, 2015 at 4:39 pm

        gauts – chiefton is 100% man. Btw, you ever hear about the first homosexual Indian chief the U.S. Calvary ever encountered? He was a braaave sucka…. (punchline read aloud in your best Ron Simmons voice)

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        • firstus
          firstus
          March 30, 2015 at 3:30 am

          Hilarity….however “Calvary” id where that jew fella met his demise…”Cavalry” is the finest fighting element the US Army ever produced.
          -former Cav Scout 19D

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          • UncleBuccs
            UncleBuccs
            March 30, 2015 at 7:50 am

            Ha ha! Smart phones and dumb operators. “Cavalry”. Respect.

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        • jserra
          jserra
          March 30, 2015 at 1:31 pm

          LOL, UB.

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  9. shawnji
    shawnji
    March 27, 2015 at 6:24 pm

    Still short oil via bear ETF. May it go to, what were the pundits saying, $15?

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  10. gatorsun
    gatorsun
    March 28, 2015 at 12:57 pm

    strap it on and work it DWTI

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  11. gatorsun
    gatorsun
    March 28, 2015 at 1:16 pm

    Jeff doing futures trades is a thing of beauty, If new to the game,learn and prosper.

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  12. Sinclaire
    Sinclaire
    March 30, 2015 at 12:13 pm

    Chief,

    Hope you didn’t get too badly burned on that short. Gap higher looks strong

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