<p>I lost money today but not as much as I feared in the morning. My qcom 65 put may be in trouble tomorrow - qcom closed at 64.82. I would be surprised if the market is down 3 days in a row so I expect it to be up tomorrow.</p>
<p>I think you are in good shape. Qcom is trading up slightly in the after hours. The qqqs are trading up in the after hours a little bit. Iwm is up a 1/4 of a percent. Not too many huge gains but things are ok.</p>
<p>hpq is doing well in the after hours which should give a bit of a push on tech tomorrow. I’m getting ready to probably buy iau 14 calls tomorrow.</p>
<p>Ok. Good luck.</p>
<p>Doug Kass is bearish saying it looks like 1987 again. Carter Worth says he is bearish. So why does Razorsharp want to be bullish at S&P 1500?</p>
<p>Gartman sold everything - that’s the most bullish thing I’ve heard of for a long time. </p>
<p>[What</a> Inflation Means To You: Inside The CPI - Seeking Alpha](<a href=“What Inflation Means To You: Inside The CPI | Seeking Alpha”>What Inflation Means To You: Inside The CPI | Seeking Alpha)</p>
<p>Now if Marty Zwieg said it I’d listen: [Part</a> 1 - Before the Crash - Wall Street Week October 16, 1987 - YouTube](<a href=“Part 1 - Before the Crash - Wall Street Week October 16, 1987 - YouTube”>Part 1 - Before the Crash - Wall Street Week October 16, 1987 - YouTube)</p>
<p>Complaining about computerized trading in 1987. :)</p>
<p>In 1987, what Marty said seemed more dire. The market didn’t bottom until Dec 1987. Marty was great.</p>
<p>I like Doug Short even though he has a negative tone in his posts.</p>
<p>I am long aig…so today should be better than yesterday.</p>
<p>Not a very robust up day. Maybe there is more of a fade the rally instead of buying the dips with 3/1 around the corner.</p>
<p>I liked your spy trade. Can’t do it for a credit anymore.</p>
<p>I just sold more Spy 143 puts that expire next week.</p>
<p>I sold some ddd puts that expire today.
Hlf puts thst expire next week.
A goog put that expires next week.</p>
<p>It is kind of a boring rally. Not robust.</p>
<p>Einhorn wins the first round.</p>
<p>Krlilies, I have shorted naked calls several times this year usually in tlt. No short calls for me right now.</p>
<p>I don’t know if I can short naked calls in schwab or not - I don’t think so. I rolled out qcom 2/22 65 puts to 3/16 62.5 puts for a net gain of .41. I expect the sequestration nonsense to be resolved by then.</p>
<p>There are different levels of option trading allowed. Your level is listed on one of the option trading screens. You can apply to be level 3 approved.</p>
<p>I have level 3</p>
<p>Then u should be able to sell naked calls.</p>
<p>Can’t be level 3 in a retirement account like NJres.</p>
<p>Dstark, too early for you to talk about naked calls. 
The association is still there. I need to scrub, scrub, scrub it out. I need to look at a lot of numbers before the image is deleted from my temporal lobes.</p>
<p>Yes - I noticed uncovered calls in level 3. However I’m the same level 3 in etrade which doesn’t include this. There is a level 4 in etrade for naked calls</p>
<p>Etrade makes it easier to lose your shirt - futures, global, forex</p>
<p>I don’t know how etrade works. How do u decide which firm to use for your trades?</p>
<p>Krlilies, don’t scrub too hard. I can still wear the suit I was married in 30 years ago. I look pretty damn good if u like the Fred Astaire type. ;)</p>