Finding The Right Option

Monday, June 14th, 2010

Many times people asked me how do you find the right option to trade.
My mentor George Focas(http://www.sharelord.com), taught me to look up the IBD100 (http://www.investors.com).
He helped me set up trading rules.
First ,only trade stocks at with price between $22 – $63(I trade the US market and so prices are in US dollars). Anything outside of [...]

Options Trading In Today’s Market

Wednesday, June 2nd, 2010

“Options trading what’s that?” was the first thing I was thought when I was watching Jamie McIntyre Home study program. In short options trading is having shares (100 of them in the US market, and 1000 for the Australian market) and allowing someone to buy those shares from you, if it is above a dollar [...]

Shares And Trading With Stops

Tuesday, May 18th, 2010

This week is the final week in the US if you are trading options. This Friday will be  expiry date.
We brought share (TSL) at $26.00 and put and sold a  “in the money” option at $26.00.
We looked at this stock as saw it trending up for the last 6 months, and considered not to put [...]