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I Trade Futures From Home to Make a Living

Personal Stories, Advice, and Support 30 People

    Option Combos III - Spreads

       These two part combos are either a long put and a short put OR a long call and a short call. Let's focus on the calls since today I started the 1st leg of a Call Spread by buying a call. A March expiration call on DIA - the ETF for Dow Jones Average - with a strike price of...
    freeed freeed 61-65, M 1 Response Jan 19, 2012

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    Not So Easy

    Like the other really bad options trader from 2007, I've lost a lot trading options. At one time I made a living doing it but wrong bets cost me bigtime and I'm nearly broke now.     Futures seem too tricky since the disclaimer on an account I once almost opened...
    freeed freeed 61-65, M 16 Responses May 13, 2009

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    Futures Trading

    I have an automatic system that I wrote that trades the ES.
    speedoflight speedoflight 41-45, M 2 Responses May 13, 2009

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    Win with losing Options (V)

    Short means you sold the option to someone who now owns it and has control over whether it is used. I sold puts before in the (IV) strategy story and since this is news I'll write a dedicated story for Southern Copper [SCCO] stock. 1st you should not sell puts unless you are OK...
    freeed freeed 61-65, M Jun 12, 2012

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    What Goes Up Must Come Down (iv)

    Fourth in the silver investing series, WHAT to do when the market declines? Silver was near $50 a little bit ago and last week settled to low $30s [good thing i unwound the call option postions, eh? They'd have lost]. A big move devastating to any one just holding silver physical...
    freeed freeed 61-65, M 2 Responses May 16, 2011

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    Single Options Strategies (IV)

    Buying a call or put option - paying the seller a premium to be able to put stock to or call it away from the seller - or selling them is the simplest options strategy. Last month I purchased Phillips Electronics (PHG) at $19.65 and sold a call giving the buyer the right to call...
    freeed freeed 61-65, M 2 Responses Feb 22, 2012

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    Uh Oh Silver.

    Just a few days after buying the $36 call [Hi Ho Silver story] I SOLD a call for income. It was a $37 strike March option, for which I was paid $28 [28 cents x 100 shares]. As long as silver doesn't reach $37 by next Friday I get to keep and not weep. It's still around $35. This...
    freeed freeed 61-65, M Mar 12, 2011

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    What Next?

    A proposal is seriously being considered to make a futures contract on the box office take of movies. You call THAT investing? If we stuck more to basics there wouldn't be so many financial crises. California, with 12.6% unemloyment, may default on their bonds. If the money...
    freeed freeed 61-65, M May 20, 2010

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    OPTIONS IX: every which way

    but loose. You should know from my previous posts that there are only 2 kinds of options...put and call...and that they can only be bought or sold. I opened a position selling puts a couple weeks ago. This dares someone to put stock to me until next Friday for an $8 price. So...
    freeed freeed 61-65, M 4 Responses Jan 11

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    Option Combos II - Straddles

    This combination of a Call and a Put can be bought or sold. Right now, with gold at $1800 I'd suggest a "long" straddle which means buying a Call and a Put having the same strike price and expiration date. Gold could continue skyrocketing up, making the call more valuable, or it...
    freeed freeed 61-65, M 1 Response Aug 20, 2011

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    Option Combos I - Collars

    While strictly not Futures, traders in options may find the following informative if they know little. I may be wrong, but don't Futures also have options associated? Calls - Buying them places you in position to demand a seller sell you stock at a pre-specified price during an...
    freeed freeed 61-65, M May 17, 2011

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    Put Spread (VI)

    Although there is another spread story, this is a more complicated structure. To refresh, a spread is a long and short put combo OR long and short call combo. Clearly this is a put spread. The simpler types are: Vertical - same expiration month with different strike prices...
    freeed freeed 61-65, M 1 Response Jul 10, 2012

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    Options VIII: Escaping The Put

    Selling a naked put essentially dares someone to sell you stock but really you don't want to buy it. So usually I sell an Out-of-the-Money [OTM] put and hope the price doesn't drop so much it becomes IN the money. For example last month when SLV was $22.14 I dared the market to...
    freeed freeed 61-65, M 1 Response Oct 4, 2013

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    Options Trader - a Really Bad One!

    I have watched the markets now for 3 years, all losing ones for me.  Now I'm down to my last $200.  Trading VLO, an energy stock that is probably one of the market's most vicious stocks to trade.  I thought of trading futures, but thought I'd better first train on...
    fineartist fineartist 46-50, F 3 Responses Sep 28, 2007

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    Hi Ho Silver!!

    Now it's more pizza money than a living but I'm still slugging in The Market. Siver was slightly over $35/ounce today and I had bought some at $21 (it also COLLAPSED to $9 right after, so this is not for amatuers, before it recovered and advanced). Last month I made a short term...
    freeed freeed 61-65, M Mar 7, 2011

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    Option Combos VII: Strangles

    We saw Straddles in an earlier story, where the price of a put and call [sold or bought] is the same. I share with a famous pro trader the preference for Strangles as my fav strategy, where the strike price differs. A Strangle can be bought or sold. Let's say "the underlying" has...
    freeed freeed 61-65, M Aug 25, 2012

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    Flash Crash

    Kids, in case you didn't know it even the best traders make bad bets so in the interest of honesty and hopefully education, I'm going to tell you how I PLAN on fixing one recently made. First a bit of background: in March and again in April I WON bets "daring" someone to sell me...
    freeed freeed 61-65, M 7 Responses May 24, 2010

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    Woo Hoo Silver (III)

    3rd in the series on silver trading, I just wanted to apprise ya'll about this week's trade. On April 18, 2011 I opened another calendar spread on SLV buying the October $50 strike calls and selling the May $50 calls, for a net debit of $1.53/contract. Silver has been on a ROCKET...
    freeed freeed 61-65, M 3 Responses Apr 21, 2011

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    Related Experiences

    After running away from home at the age of 13, and stealing a motorcycle. My adopted brother and I were now headed to jail..... When the sheriff came, he cuffed us, and put us...
    AwesomeAlert AwesomeAlert 46-50, M 1 Response a week ago

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    I wanted to work from home and tried them all... literally: Melaleca Marky Kay Avon Swanky Dpa Parties Rainbow Vaccumes Coding Bedroom Kandi AND THEN........ I joined younique...
    youniqueviatia youniqueviatia 31-35, F 1 Response Apr 5

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    At the age of 13, and tired of the constant mental abuse and beatings from my adoptive parents, I decided to run away!!! I still remember the date April 24th 1978. I was 2 months...
    AwesomeAlert AwesomeAlert 46-50, M 5 Responses Apr 10

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    Hello, my name is Anita. Do you have $18 and want to make extra money? https://www.fourcornersalliancegroup.com?a=atownsend
    ninatown1234 ninatown1234 31-35, F Mar 24

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    Hello, my name is Anita. Do you have $18 and want to make extra money? https://www.fourcornersalliancegroup.com?a=atownsend
    ninatown1234 ninatown1234 31-35, F Mar 24

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    Would I be wrong for leaving and going to live with my boyfriend? My mother has two younger children 4 & 6 along with me. They have a different father than I do. He's worthless and...
    shades4myfuture shades4myfuture 18-21, F Mar 28

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    Two days on the street just like the homeless lol. But I don't think that what I'm doing is running away, it feels like go on an adventure by myself. I think I should go home...
    supernerd22 supernerd22 16-17, M 6 Responses a week ago

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    If I ever run away again I won't make the mistake of coming back. Even if last time I was raped multiple times and abused **** it... It's less pain then what I go through everyday...
    Lashygirl29 Lashygirl29 13-15, F 4 days ago

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    this is a cry of help i need somewhere to stay. i have nowhere to go and i cant go back home
    cheyseason cheyseason 13-15, F 2 Responses Mar 20

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    Well, it's midnight here and still have to walk about 7 kilometres to get home. And I just ran out of money, but still have some for water. Yeah, I'd like to beg people for money...
    supernerd22 supernerd22 16-17, M 2 Responses 6 days ago

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    I want to get away from it all and be by myself for a while to have some me time
    bigbill75 bigbill75 36-40, M 4 Responses Mar 30

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    I sent my last letter out and I get to see my boyfriend on April 2nd but I'm so nervous!
    Abilliongalaxies Abilliongalaxies 18-21, F Mar 22

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    I hate my life around this sucky town. i never knew my dad and my mom works like late nights and leaves me alone in the house she cant bother to clean cause she does drugs and...
    LeahOhio LeahOhio 18-21, F 2 Responses Mar 22

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    I tried to run away last night, I got picked up by the cops its was 3 am and now i have to go to this psychiatrist I'm so depressed.
    Valerieawesomeness Valerieawesomeness 18-21, F Mar 24

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    Not really how I planned on moving out but at 19 years old I "went to bed," climbed out the window, put my car in neutral, backed down the driveway and left. And I never moved back...
    MommysGotTats420 MommysGotTats420 22-25, F 6 Responses Mar 28

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    My 17 birthday is in a week ... I don't wanna live another year of my life depressed ... I need somewhere to stay in Austin, Texas.
    Jhoselyn Jhoselyn 18-21, F 2 Responses Mar 29

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    I'm 13 and a girl and I am desperate to runaway with someone. I don't care what gender you are, I live on Long Island. I want someone between the ages of 13 and 15. Only message me...
    EagerRunaway EagerRunaway 13-15, F 2 Responses Mar 29

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    i want to run away to England.
    CallmeHopelessNotRomantic CallmeHopelessNotRomantic 36-40, F 4 Responses Mar 29

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    I do... I hate my life. my parents are constantly on my back. I'm never good. enough. I got accepted to Monmouth, and my mom made me apply at a community college because she didn't...
    KaliG15 KaliG15 16-17, T 1 Response Mar 29

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    Wouldn't that be great? No wait. I'd probably goof off all day.
    Walkalone9000 Walkalone9000 51-55, F 11 Responses Apr 8

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    im tired of this life. im way to stressed out and i need to leave. im looking for someone to go with me. message me if your interested. I live in California
    theholypenguin theholypenguin 13-15 3 Responses Apr 8

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    I don't necessarily get much done, but it does give me freedom to move!
    EnglishCharles EnglishCharles 56-60, M 2 Responses Apr 9

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    I will, tonight. I can't stand it anymore to live with these ********. I don't know where to go, but at least I'm not here with them.
    supernerd22 supernerd22 16-17, M 3 Responses Apr 10

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    This place is driving me crazy. I don't think I can stay here any longer. Currently planning. Hoping for the best right now...
    Cudegrace Cudegrace 16-17 1 day ago

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    living away from home is never easy.though im away from a decade now i still feel homesick from time to time especially when summer time.i was thinking maybe because i came from a...
    phandi phandi 31-35, F Mar 29

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