Phil is a master at keeping you laughing, as well as making you money. - It is like \" laughing all the way to the bank!\"

- Gel1, Feb 16, 2010  

Market manipulation…. One of the things I’ve gained from this site is the concept of market manipulation. I never thought it was so prevalent, but now I know it is. I actually consider its effect when I make trades. Several days ago, when AAPL was moving toward 220 I sold 210 calls. My reasoning was that they will probably pin this month at 210. They came in big time as the stock moved ever closer to 210. I agree with Phil’s comment that one of the things we need to do is find out what they are manipulating, and how, and hitch a ride. They are doing this with several equities. I’ve actually seen one article describing several equities that were being manipulated to pin at expiration each month, and describing how it was done, and of course Phil has described it well. In some ways it’s easier to figure this out than it is a ‘normal’ market behavior, and thus easier to make money in certain equities.

- Iflantheman, Jan 15, 2010  

Thanks Phil another great week of guiding us!

- Steven Parker, Dec 18, 2009  

The strategy you have laid out pretty much mirrors much of my trading activity. I also mix in some momentum plays and \"drop dead\" bargains that come across my radar. My YTD trading profit is 63%. Back in March when Phil said \"unless you think the world is coming to an end, then NOW is the time to start taking positions in Buy/Writes with the VIX so high.\" I jumped in with both feet - ( thanks, again Phil)

- Chaps, Nov 11, 2009  

Phil: I am always able to figure out your trades, including the rational when put in the right context of previous comments, etc. Keep doing what you’re doing. It is much appreciated, and invaluable. Your hit rate of successful trades has been very high in my 1.5 months as a member, but even more importantly is your teaching of how to repair and DD positions that haven’t gone your way yet. As with most members, we all have our ‘pet’ trading interests, and learning how to think about trading is much more important than a specific trade, which could see the conditions behind it change an hour later. This is the classic case, of ‘Teach us to Fish’, rather than just giving us a fish once in a while. Thank you!

- Neverworkagain , Jun 7, 2009  

Phil - Thanks for the welcoming gift of the POT at a buck Just paid for this month and my membership is not even 24 hours old! looking forward to many more - bk

- Bjkeck, May 13, 2009  

By the way thank you Phil for the DNDN idea. 3x till this morning and will 4x my small investment by next OE THANKS !!!!

- Microflux, Apr 15, 2009  

Joined last year and and started profitably trading options thanks to everything I have learned here. THANK YOU!!

- OnWisconsin , Mar 8, 2009  

Peter D: great write-up for Short Strangles, Part 1, looking forward to Part 2, particularly the adjustment part.

- RMM, Jan 16, 2009  

WOW!!!!!!!!!!!! How will I ever do anything else in my life that will compare to the wild ride you get trading an ultra etf in the most volatile sector in the stock market the day before option expiration?

- Matt1966, Jan 16, 2009