I started reading through the posts from #1, but you all have been more prolific than you give yourselves credit for. And it is amazing how much is date sensitive. So, I thought I'd try to post some questions and get up to speed here that way. And end up with some ideas to see what kinds of things interest people here.
Books: I've gotten what little I know from websites and chatting with others. I see you have McMillan's "Options as Strategic Investment" listed as a key reference. Why that as opposed to his other book "McMillan on Options"? What do people like about one over the other? Also, are there opinions on the following: Sheldon Natenberg's "Option Volatility and Pricing," George Fontanills "The Options Course" and the Options Institute's "Options: Essential Concepts and Trading Concepts"?
Probability calculators: what calculators are people using and what data source are you using for things like volatility?
It appears the site started with people looking to write calls on their QCOM and SEBL holdings. And the talk seems to focus on those, plus a couple others, such as NTAP. That means people seem to focus on OTM calls. Are people here interested also in ITM calls and on other things or would that windup being mostly OT.
An example, BEAS at 25.5, Sept20 last bid 7.30, breakeven 18.21. (BEAS may not be the best example as it has been breaking down lately, and is one of the high priced fliers still out there, though back in April the low was 20). VSGN has been trading in a range between mid-60's and 48 or so, closed Friday at 54.48, just below the 50 day average. DITM Sept40 bid at 17.00. Or is that too DITM? VRSN offers some interesting possibilities.
Or if people prefer to stay one month out, some interesting low priced cc's: AVNX closed at 7.56, Aug7.5 is 1.1, stock shows support around 6.90. RMBS just got its earnings out of the way, and appears to have survived for the moment. RMBS @9.85, Aug10 1.1.
Finally, looks like high call premiums on two that have had wild rides, AVIR and OPWV. OPWV has throw in some candlesticks that suggest some indecision, possibly that selling pressure easing up. stock @ 21.76, Aug20 bid @4.30. AVIR @ 47.44, Aug45 @8.80, Aug50 @ 6.5.
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