Saturday, July 31, 2010

Option Greeks Intro: Delta | Trade Options Like a DPM Webinars with The Admiral

Option Greeks Intro: Delta | Trade Options Like a DPM Webinars with The AdmiralSocialTwist Tell-a-Friend
http://twitter.com/hamzeianalytics - Who better to learn options trading from than one of the biggest and best traders to have ever traded on the CBOE floor? The Admiral is a 27-yr veteran of CBOE as with 5 years as a major DPM with a $800 Mil trading book. DPM stands for Designated Primary Market Maker.



Register for this webinar series: http://www.hamzeianalytics.com/POW_Re...

In this webinar series, The Admiral will start off by going over the basics. During this first webinar, The Admiral touched on topics such as the volatility component of options, options an stock equalities, and synthetics.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Options Pricing & Volatility | Trade Options Like a DPM Webinars with The Admiral

Options Pricing & Volatility | Trade Options Like a DPM Webinars with The AdmiralSocialTwist Tell-a-Friend
http://twitter.com/hamzeianalytics - Who better to learn options trading from than one of the biggest and best traders to have ever traded on the CBOE floor? The Admiral is a 27-yr veteran of CBOE as with 5 years as a major DPM with a $800 Mil trading book. DPM stands for Designated Primary Market Maker.



Register for this webinar series: http://www.hamzeianalytics.com/POW_Re...

In this webinar series, The Admiral will start off by going over the basics. During this first webinar, The Admiral touched on topics such as the volatility component of options, options an stock equalities, and synthetics.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Trade Options Like a DPM Webinars with The Admiral: Intro & What's a Designated Primary Market Maker

Trade Options Like a DPM Webinars with The Admiral: Intro & What's a Designated Primary Market MakerSocialTwist Tell-a-Friend
http://twitter.com/hamzeianalytics - Who better to learn options trading from than one of the biggest and best traders to have ever traded on the CBOE floor? The Admiral is a 27-yr veteran of CBOE as with 5 years as a major DPM with a $800 Mil trading book. DPM stands for Designated Primary Market Maker.



Register for this webinar series: http://www.hamzeianalytics.com/POW_Re...

In this webinar series, The Admiral will start off by going over the basics. During this first webinar, The Admiral touched on topics such as the volatility component of options, options an stock equalities, and synthetics.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Sunday, July 25, 2010

Market Timing Charts Review

Market Timing Charts ReviewSocialTwist Tell-a-Friend

We are on track to get to 1113 on SPX (200 bar MA and +2 sigma confluence). NYSE MO at +244 is too high,
we are slightly overbought, a small pullback is in order.


Notice DJ Trans strong up thrust [and channel breakout] was followed by RUT channel breakout.
This is all good for the bulls.


Notice the direction of our CI Indicators on VXO and VXN.  Our target for VXO is 17 (neg 3 sigma).


Our coveted SP1_MoMo Indicator shows SPX Advancing vs Declining Issues are thrusting upward.  MoMo is nearly magic 10 number.  We should expect a pull back first before resuming upward further.


Percent of SPX Components over their respective 200-Day MAs is now over 55% now and it is over its 50bar. This is all good for the long side.  Like to see this number over 70%-75%.


SPX 2010 is way behind its 2007 Analog but indicators are relatively strongervs their analogs.

Notice the low put/call readings.  This is good for the bulls.

Wednesday, July 7, 2010

Poll: HA Options Webinar Series Featuring The Admiral

Poll: HA Options Webinar Series Featuring The AdmiralSocialTwist Tell-a-Friend
Help us create this options educational webinar so it will help you the most.  Please fill out the poll below.

Tuesday, July 6, 2010

Trade #Options Like a DPM Webinars

Trade #Options Like a DPM WebinarsSocialTwist Tell-a-Friend
with The Admiral Wednesday 1800 CT http://bit.ly/aNJvTu

[DPM = Designated Primary Market Maker] 

Tuesday, June 1, 2010

Updated SPX Analog 2010 vs 2007 Chart

Updated SPX Analog 2010 vs 2007 ChartSocialTwist Tell-a-Friend
http://yfrog.com/12lgvp

for usage explanation need to watch tonight's webinar http://bit.ly/1VjQwW

Saturday, May 22, 2010

Trading TF Webinar

Trading TF WebinarSocialTwist Tell-a-Friend
The incredible TF Trading Webinar with our SuperWoman @JT707 is now available for your review http://bit.ly/7Fnxe

We will add her Slides shortly

Do not miss her section on "War Chest" -- it is a key to your trading success

Wednesday, May 5, 2010

an interview with Jeffrey Lin of marketHEIST.com

an interview with Jeffrey Lin of marketHEIST.comSocialTwist Tell-a-Friend
Fari Hamzei on Building a Twitter Following & HFT Real-Time Trading Service http://bit.ly/d6c5hi

Sunday, February 28, 2010

Market Timing Charts Revisited as of Friday Close, February 26th, 2010

Market Timing Charts Revisited as of Friday Close, February 26th, 2010SocialTwist Tell-a-Friend
Fari Hamzei

With the last week of trading for February behind us, the technical picture has not changed much since my last Market Timing Webinar last Sunday.

Next Friday, the Feb NFP will be published by BLS and should provide us some fireworks.  I expect a number around -50K for Feb NFP.  Until then, market should trade in a tight range for the next four days with a slight up bias (look at the CIs below in the Timer Chart and candlestick hammer put in on SPX on last Thursday, with low of its wick touching zero sigma).



Vols Chart chart confirms that (failure for VXO, VXN to get over their respective zero sigmas -- the yellow line).


And, last but not least, our coveted SP1 Indicator is in the +1 to +2 sigma channel (ideal up bias zone) for now.

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