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Hello

I just want to show a yesterday's trade, done 100 % with OPTION DYNAMICS .
It is an incredible soft. All is there , handy ,ready to use. Even the most sophisticated tools like the CIV ( among the others)

I apologize in advance: here some sequences are probably not completely in order or clear, nor properly and thoroughfully explained ; but was not my main intention ; rather to show the empirical way .

The trade? has and is working very well, let see.

Thank you TJ. and thanks to all of you people, from DT.

Cordially
F.
PS: Indeed if someone has questions on something not clear , please feel 100% free to contact me . Should you need my Skype ID please let me know via private message.



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here the last one...[attachment=3515]
Update on RIMM.
  • Direction is South
  • Volatility Increase
  • Very sane fundamentals
  • Obiviously skewed on rternued




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Fabrizio,

Excellent analysis! Great job!

- marc
(06-25-2009 01:54 PM)Marc Rinehart Wrote: [ -> ]Fabrizio,

Excellent analysis! Great job!

- marc

Thank you Marc.
I'm honored by this.
Humbly, I just to try to let the audience understand how incredibly powerful is the new venture from DT.
Up Date of The Positions opened.
Recap:
    [list=1]
  1. 1 Bear Back spread ratio on Rimm 70 July-75 July =BEP down 62$


  1. 1Bear Back spread ratio on Yahoo 15 July- 16 July = BEP Down 14.32$


  1. 1 Call Spread (4 x4) on Yahoo 15 July- 14 July = BEP 14.73 $



Evolution: RIMM ( was a bet little against the orthodoxy of our approach in term of MKT, SECTOR, GROUP, EQUITY strength or weakness.)) was anticipating the group and mkt weakness despite the good fundamentals.
Let's say that- as a trader , I took my risks based more on TA and experience rather than on ...discipline. The harmonic size of each correction and the overbalance of the medium degree one , induced me to trigger the strategy. Do not follow this approach , follow the orthodoxy.
Loss wil be , however absolutely bearable, cost either ( in the range of a 5 pizzas in a Monaco Pizzeria...)
At the moment RIMM is DT -4
Group is slightly diminishing , at +2.73.
However without a drastic drop of the group or a overbalancing of the 1:1 large degree retracement of the equity, 62 is a lot far away... anyhow any price well below 70$ will be more than welcome...!

Yahoo: backsperad: same as Rimm except that we are few dimes close to the BEP. Technically all in order.

Yahoo Spread: we are already in BEP ( due to the market auction) though theoretically we are few dimes away too.

Will keep you posted with pics as soon as something relevant will appear.

I want to make clear one thing: I'm used to take strats option postions , rather protectives , but not many simoultaneusly.
The only merit for my operativity came from OPTION DYNAMIC. Blame me if I wont be succesfull, PRAISE ONLY OPTION DYNAMICS if I WILL BE NOT A LOSER.
This soft has the unique capacity to support you handly AND PRECISELY in any step of the strategy settings which I superficially summarize here , quoting TJ:

1 Find Market direction and strenght
2 Find trades in the direction of MKT
3 Asses Group strenght ( which accounts for at least 50pct of price move)
4 Asses the Trade ratings
5 Define Accurate targets Levels
6 Define Odds of reaching targets ( Risk management)
7 Estimate Minimum time required for option startegy
8 Select suitable option strategy
Fabrizio, I really appreciate all the work you did to show some of the potential within Options Dynamics. Again, great job! Have a great week! - marc
Thank you Marc, week is unfolding in a palesent way (may sound harsh for he who is on the other direction , sorry .Trading is a zero sum activity)

I appreciate once more your kind words my friend. Once more I'm honored, trying to do my best... as usually.

Here below some pics as promised.

I do - furthermore- add some pics from yesterday early morning DTP...

NOTE for the readers: please note the difference among the two different positions , and the yield. . Thanks OT , (do not forget DTP....!)

Thank you for your attention.
Fabrizio

PS: WE anxiously waiting IR!!!( EURODOLLAR, NOTES,BILL, BOND, LIBOR,EURIBOR), CDS, Futures on Commodities, Forex....


Fabrizio
I never miss my friend Marc commentary. He is a real Pro.

Quote: Tues, July 07- We started off this week with quiet but controlled weakness yesterday that drifted upward over the course of the day. Today we are starting off in a similar manner but with some of this weakness creeping further into some of the previous leading stocks.

As I said yesterday, day-traders and short-term traders have to be careful buying too much because it appears the bears may have the upper hand in controlling things. As a longer term investor I have a ton of cash waiting to buy things cheaper but I just don't see any bargains for several weeks now until we get more of a correction.

I am starting to see more evidence that the bargains may be coming. For example, I like CME and ICE. Today they are breaking down again. CME just took out its last June daily chart low. ICE looks like it is inclined to do the same.

I also like RIMM, AAPL, BIDU, GOOG but am not willing to buy at their current highs... but they are slowly getting cheaper. But, if I want them really cheap I am going to have to be very patient and wait.

If I were a short-term or day-trader, I think trying to find shorts to trade-- using appropriate money management on those trades to protect them-- seems to be the best plan for now that seems to be working.... selling into minor rally resistance areas, for example.

Energy stocks and futures contracts continue to be in corrective, pullback modes still.

FWICW, I do Like either CME and ICE ( indeed RIMM and the other mentioned, are always among my favorite vehicles) but -now-for the opposite reasons: I believe that they will sell off strongly...
Than for he who has parked his cash in FED FUND...Wink)) these equities are full of value to be later bought . PLENTY.
This is not yet a real Rotation, let's wait at least the 50 pct of the rally up.Smart money want to buy it cheaper, so do we...
[Be sure , rescue team wont let it go lower...Wink))]

Thanks for your attention
Fabrizio.
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