Sunday, January 25, 2009

Meeting preparations

I am willing to participate with Robert. My impression in the past was that several people that were interested were not interested enough to invest some "homework" time in learning basics. If that comes across rude, then I apologize for that. I put tremendous time and energy into this and have tried in the past to get a group as this going, without success.

Let me know the interest and entry level for participants. Basic understanding of option instruments should be sufficient. We can go from there.

Tom

New TV Show on Options

There is a new options TV show that you might find interesting. It is sponsored by Think or Swim, the online broker I introduced to you at our one and only meeting so far. The show airs at 11:30 PM to midnight on Fridays with repeats Saturdays and Sundays at 6:00-6:30 AM. The shows are also archived at http://www.cnbc.com/id/28606104/ where you can watch/listen at anytime with the convenience of pausing etc.

In the only show I've seen, they talked about trade opportunities for this coming week [currently focused on the present earnings season (GE, AXP, PFE, etc) and takeovers/mergers (DNA/Roche, PFE/WYE, YHOO/MSFT)].

The discussions were fast paced (good reason to go archive vs. live so that you can rewind, pause, etc.) but the trade strategies were not more complicated than Bull or Bear spreads.


Bull and Bear spreads would be excellent topics for group discussions at future meetings.