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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

OA BUY: $IWM

Option Addict Tue Oct 27, 2015 10:41am EST 16 Comments

I haven’t bought $IWM calls since I was in high school. But I did here, because I feel its my duty.

2015-10-27_8-36-48

They might try to probe the lower end of this range a bit to lure in some shorts first. If we end the day here or above, might be a decent location for a November play.

More later,

OA

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16 comments

  1. k_melancon
    k_melancon
    October 27, 2015 at 10:51 am

    Look kids! Parliment, Big Ben! It looks like that kind of day

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  2. bchu
    bchu
    October 27, 2015 at 10:51 am

    Wow. you started trading stocks/options in high school?? #respect

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  3. joe
    joe
    October 27, 2015 at 10:58 am

    and I thought I was crazy

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  4. Sybil
    Sybil
    October 27, 2015 at 11:11 am

    UWT-EYEEEEEEEEE (extra NUUUUUUUUUUUgt). LOL!

    …into the abyss. Still think that oil chart is bullish? Hehehehehehe

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  5. matt_bear
    matt_bear
    October 27, 2015 at 11:13 am

    lol….i thought index calls were too vanilla for you?

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  6. Jon v
    Jon v
    October 27, 2015 at 11:13 am

    Too funny I bought tna this morning

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  7. k_melancon
    k_melancon
    October 27, 2015 at 11:28 am

    I love the breaking news ticker – “fuck” is not usually seen in these so rampantly

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  8. trashman
    trashman
    October 27, 2015 at 11:29 am

    I got a weekly IWM. Also picked up AMBA and SCTY calls on dip

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  9. Nocturne
    Nocturne
    October 27, 2015 at 11:38 am

    Oil bulls, careful, free money from the government does not solve the oil inventory dilemma. Regardless of the inventory number I expect oil to test 44 from the underside as do most traders. When the inventory comes out check: us prod, cushing inv, total inv, & imports. If all 4 do not significantly change their trends, short between 43.75 & 44.25.

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    • Nocturne
      Nocturne
      October 27, 2015 at 11:39 am

      Also, free money does help stocks which is why I am following OA’s IWM calls.

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  10. lesurgeon
    lesurgeon
    October 27, 2015 at 11:40 am

    OA – thinking of shorting BOOT here. Might wait for a better spot.
    Any thoughts?

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  11. biffer
    biffer
    October 27, 2015 at 11:57 am

    $NYMO get to a higher low already will ya? Whilst whistling past the graveyard

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