Options: Low Cost Investing

[spikefader]

I just use the datafeed (some ?? TWS datafeed problem I had); IB hard to beat for commissions!

[dmk112]

Oh yea, Spike, what's the "Trick" - I made two copies of the folder but what's the other thing??

[dmk112]

Oh yea, Spike, what's the "Trick" - I made two copies of the folder but what's the other thing??

NM dude, I figured it out. That's awesome!

[dmk112]

NM dude, I figured it out. That's awesome!

Ok maybe not, lol. When I go into the shortcut>Advanced I select to run the program with different credentials (?). This seems to work as it launces a 2nd QT when I click on the shortcut but I get an error "Index out of bounds (-1)" and it seems that QT doesn't remember me everytime I go back in.

Doing anything wrong??

[spikefader]

Here's the trick:

http://boards.quotetracker.com/board/showthreaded.php?Cat=&Number=14358

Make a copy of the entire QuoteTracker folder, not just the stocks.exe file. (Ex. If your current folder for QT is "c:\program files\quotetracker" make a folder "c:\program files\quotetracker2" (or whatever)). Then copy the entire contents of the "c:\program files\quotetracker" folder (including sub-folders) into the "c:\program files\quotetracker2" folder.

After that, make a shortcut to the stocks.exe file in the new c:\program files\quotetracker2 folder. Your original shortcut should point to "c:\program files\quotetracker\stocks.exe" and the new shortcut should point to "c:\program files\quotetracker2\stocks.exe"

Both of these shortcuts now need the "allowdup" command line argument added to them in the Target box, so that they will look like this:
"c:\program files\quotetracker\stocks.exe" allowdup
"c:\program files\quotetracker2\stocks.exe" allowdup
(Note: allowdup is outside of the quotes and there is a space before it.)

After that final step, you can double click the 2 shortcuts and each will start a separate instance of QT.

[dmk112]

Nice, thanks!

[dmk112]

Any options plays out there? AAPL Jan 85 Calls rose today 58% Still room to rise?

[skiracer]

Any options plays out there? AAPL Jan 85 Calls rose today 58% Still room to rise?

DMK,
I've been looking at a post by Jim Smith, "Jims Cycle Trades JNJ".
I like the Feb. and April 65 calls.
The Feb. 65 calls , JNJBM, are .60 bid/ .65 asked. Closed yesterday at .61 and there are 37 days left to expiry.

The April 65 calls, JNJDM, are 1.30 bid/ 1.40 asked. Closed yesterday at 1.40 and there are 100 days left to expiry.
Yesterday the stock opened down and stayed down pretty much most of the day but gained some strength late in the day to close up .11 at 63.10.
I'm looking to buy some of both this morning. I'll wait to see how it goes after the open. Take a look at the weekly chart. Just starting the right side of a new cup coming off it's recent lows. I love to catch them at this point.

[dmk112]

Thanks, Ski - will give it a look.

[dmk112]

@ LCRD:

Dropping today on a downgrade. Time to pick up some shares is now. I'm in @ 15.10 (current low ??)

[dmk112]

@ LCRD:

...15.10 (current low ??)

Darn, I knew that wasn't possible...heh

Stock looks a bit hurt now and will keep a short leash on it, I do have a small position too.

[spikefader]

Hey dmk, just a thought, but for this type of play, buying a downgrade during weakness (where there are gaps below) might be worth buying a RXQMV put for $0.25, especially given the gap down at 10.72 might wanna fill. That way if you stop out cuz you're wrong and she drops fast to the gap fill over the next week before expiry, you should make a couple hundred bucks on that small $25 investement/insurance play. And if you're position bounces and moves for you, all you've lost is 25 bucks.

[Adam]

Dumped my corning jan 07 22.5 options for an 80% profit. I still jumped out to early. I cant believe it still traded $.50/ share above where I sold.

[IIC]

Does anyone know where I can get historical prices on options...I know where to get them at a price...But is there anything free out there before I go spend 100 bux a month???...TIA...IIC

Anyone???

[Adam]

Anyone???

I hear the question. Would love to hear the ANSWER!!!