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Re: Question about CBOE Options Seminar and UPDATE ON ME



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Jawad,

I created and teach the seminar you mention.  It pilots in
Chicago on 04/22.

The seminar will cover pricing and the importance of the
inputs in option pricing.
Volatility and how to manage it .... when to spread ....when
to buy/sell and when not to trade at all.
The Vix and how it is calculated and how to use it.
Understanding and benefiting from option skew
A little bit, time permitting, about pricing index options
and the unique character of index trading.

There is no age requirement, but you can't legally trade in
the US outside of an UGMA account and UGMA's  almost never
allow options trading.  If a US based broker is allowing you
to trade I suspect they are in clear violation of the NYSE
know your customer rule.

he reason there is a $100 cost for the seminar is to keep out
the inexperienced users who really ought to attend one of the
other CBOE or OIC seminars.

I'll teach one of the two in Chicago, the seminar in New York
and Greenwich, and the two in California.  Chicago still has
some seats left for the 04/22 seminar and the 04/24.  New
York is filling quickly and so far is the most subscribed.
It's early for California which occurs in June.

jawad wrote:

> I don't know if any of you remember me because i have
> not been that active on this server, but i am the 16(i
> turn 17 on april 23) year old kid who started with
> 3,500 and went to 21,000 and i had asked if that kind
> of return was usual.  Well i learned my lesson.  My
> 21,000 went down to about 9,000.  Then will the help
> of a couple IPOs that i got at the IPO price from
> e*trade(Mltx, Flas, VUSA, MMPT)and my recent options
> trading i have brought my net worth to over 50,000.
> The best options plays i have had are egrp, amtd, and
> dclk.  HUGE returns on them, this stuff is fun :-) But
> i should say my first ever options trading experiance
> i lost 100% of the money i invested and that was in
> orcl. Anyway, i just wanted to update anyone who
> cared. Now i want to go to an options training
> seminar.  The title of the seminar is Using Options in
> Today's Volatile Market.  It is done by the CBOE, and
> there is no age restictions(i asked).  I am
> considering going to it.  The cost is $100, and it is
> for sophisticated investors only.  I have been trading
> options for a while now and i understand them quite
> well, but i think the more i can learn the better off
> i am.  KNOWLEDGE IS POWER.  If anyone can give me some
> input of the usefulness of this seminar that would be
> greatly apericated.  Oh and if anyone has any
> questions or comments to me about my trading or things
> like that just feel free.
> Thanks,
> Jawad
>
> P.S.  I would just like to add that is message board
> has been very helpful to me.  I may not have been
> activly participating, but i have been reading the
> posts.  I would just like to take this chance to thank
> all of you again and to commend all of you on your
> knowledge and willingness to share it.
> Thanks again
>
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