Scaling some SPY puts

Intraday high on SPY does not confirm with NYSE A-D line, oh~lala

Any meaning on the grey rectangular? Ur target?

yup, if that happen I will close the position EOD, else will ride on till tmr before noon

I see. So you enter if the next candle is in the grey box and take profit at the lower end of the box at support level S1?

btw tats TD chart aite? You're trading with OX but analyze on TD? or you separate your account with 2 brokers?

This post has been edited by morning06: Jul 25 2014, 02:57 AM

See my #1342 post, I already started loading puts @12:10

I have to admit OX chart sucks lol

/YM is standing beside a well atm, and someone has to push him down hard then drop a huge rock

LOL very true

that holy crap spanish bull

wow....FB.....

You learnt thru actual trading tuition fee, I leant this thru an option trading class I took 2 years ago. Both also need to pay

Referring to #1344 post:

Updated target:


Target hit, got out.



I don't care if the market plummet another 500 points or whatsoever, profit is profit. With volume surge and Tertiary Support line being hit, possible bounce back play.

It's friday anyway, have a nice weekend

Every big up...there is a chance of a PUT scalp

how US brokerage work?

let take Vanguard Total Bond Market ETF @ USD82.17

if the brokerage is $0.01 commision per share, so I buy 10 share BND
Note: Note min brokerage fee is USD 0.01

USD82.17 x 100 =USD 821.70

Total cost + commision = USD 821.70 + $0.10 = USD 821.80 ?

Am I correct? Is there any other fee from gov?

That's correct (if you can find a brokerage only only charge 0.01/share).

No other fee EXCEPT when you SELL (dispose).

When you sell, you will notice there is an additional small SEC fee.
Not exactly sure how much but it was a few cents per 100 shares..

US got such thing as nominee and direct CDS kind of brokerage account?

Well, it's a little different and they don't use those terms: "nominee or direct CDS".
It is your own account as direct beneficiary and under your own name (equivalent to "direct CDS") but
the brokerage is custodian for holding your security (nominee).

Your name appears on the list of registered shareholders in electronic form (unless you elect physical paper certificates for an extra fee). You have the right to vote, attend share holders meeting, etc.

Basically, if you're worrying about brokerage going default, just make sure you select one that
has SIPC protection, regulated by FINRA and SEC.

Your money is protected in those registered brokerages but not the investment value (as determined by market).

This post has been edited by danmooncake: Jul 27 2014, 11:14 PM

How the stock dividend will pay to us?
They will mail cheque to investor?