I am long AMZN. The stock is down and my option is gaining value. I checked out the I.V. because I figured that was the reason behind the option gaining value. I was right on. I.V. is increasing. I have traded OTM options for about a month and I am loving it. It is taking a while to get used to, but today is confirmation that I am getting it and profitting from it.

Sue, thank you!

Jeff, looking forward to the video! Thank you!
Amy

thanks Jeff.

BTW black screen again, in fact last 2 weeks, and no you tube file.

Jeff, your efforts are ALWAYS appreciated. You give lots of information for us to study and make our own trades with your input.
Thanks,

WOW! What a list! Now the hard part, trying to choose the best ones for me. Thank you, Jeff!!

JK,
I will take a bucket of calls and puts. Thanks for the effort on this HUGE watchlist. And you know I love the sound effects.

Tierra del fuego

C4

Jeff,

Thank you for another impressive list! I appreciate the time you take to share with us.

--Patti

Awesome watch list Jeff. Love the sound effect and the intro soundtrak is most appropriate, you are super man.

Thanks for the efforts, much appreciated.

Jeff - as usual a top notch effort on the watchlist. Decisions decisions.......

Anybody see GS sitting at strong level of support at 225? Just clicked on this chart by accident, and was, like, whoa.....


Michelle

Great stuff Jeff! Thanks for the efforts.

Mike

Jeff,
Thanks for the effort as always - great stuff!

what do you think of COF and ALL as shorts. I was hoping to see them on your list.
Thanks again.

Jeff, You have really, really, REALLY outdone yourself. Boatloads of great picks and a wad of cash ready to be spent!

Thanks! Kim

Thanks for all your work with the watchlist Jeff!
I like that photo of the warrior at the top. He's ready to chomp down on some trades right now!! AAAAAAAAA!! SFM

Jeff,
Thanks again for the great list. See you all in an hour or so.

Jeff:
Wow! 60 stocks on your watch list and half of them bearish set-ups.

Guess it's time to research these now to see what fits my rules.
Thank you!

Having a small account to deal with (it wasn't always this small), I'm starting by working the strategies here trading only the stocks, not the options.

My question is, can the strategies presented here by Jeff and others (ie. REE, RTR, breakouts, support bounce, etc) work simply using the underlying stocks, albeit at much lower profit than the options? How would you modify your trading plan to work with stocks vs. options?

Thanks!

Matt,

I personally don't think you need to modify with the stock. Price on the stocks is how we evaluate all our option trades,,so just trading the stock the same way will work just fine.

Matt,
In honor of your only trading stocks, I offer RRST for your perusal. Bouncing off support today nicely in a big way and no options.

Jumped into AZO puts (Nov 125 @ $5.20). Looks like its upward run is over and it's headed back into the ditch.

The last couple of days I've been holding onto naked calls on BSC. It's exciting to watch the fuse burn down on a stick of dynamite but I'd better be ready to throw it at a moments notice.