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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (36922)	8/24/2012 3:53:12 PM
From: Al Greenleaf	Read Replies (2) \| Respond to of 220897

GZ, you can type in whatever strike you want. Ditto for expiration dates and other factors. Do not just use the up and down arrows. I tried that and got a strike of 39.50.... ivolatility.com

To: GROUND ZERO™ who wrote (36922)	8/24/2012 3:54:42 PM
From: Wayners	Read Replies (2) \| Respond to of 220897

After you enter the symbol and push the Go button, I'd advise entering the current real time price the underlying is trading at. Looks like they default to yesterday's close. You can also enter any strike price you wish. They have the default set at something at the money. I put in varying numbers, look at the delta and also determine what the option would be worth if the price moved to a desired point within a few days, so you decrease the time til expiration by a few days, put in a target price on the underlying and calculate the option value at that time.