Video Re-PLay Posted and Steve Nison Presentationon January 30 : 07:02 Posted by C.Smith Category: Member Update Comments: 0 |
| STEVE NISON'S CANDLESTICK PRESENTATION TOMORROW The Steve Nison is presentation is tomorrow, January 31, 2012, at 5:30 p.m. PT. Candlestick charts; we all use them. Most of us, myself included, do not use them properly. Steve Nison is THE candlestick expert. It should be a good presentation to catch, but we are expecting a very large audience and seating is limited, so register now. VIDEO REPLAY POSTED The video re-play of our Feb. 29th session is available from the "Learn" tab. During that session we explored a possible trade set-up on Nuance Corp. (NUAN) and profiled multiple bullish trade constructions covering everything from a basic covered call and long call, to a call ratio back spread. That video will remain available to members for two weeks. SPX IRON CONDOR UPDATED Over the weekend I updated the forum thread on the February SPX iron condor. There is not a whole lot to report other than the fact that a GTC order is in place to close the put spread for a dime and the call ratio back spread component of the trade looks solid. I commented on the position a little during last night's presentation, so you can download that video if you like. Today the market was down which has placed the trade in a good position. I have not placed an order to close the call ratio back spread but if the market stays a bit soft I may leave it in place to maximize returns this month. Mind your risk and have a great week. Christopher Smith TheOptionClub, LLC |
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Quick Trading Room Orientationon January 24 : 17:15 Posted by C.Smith Category: Welcome Comments: 0 |
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