Today I was looking into entering AMZN, but the IV is still high. Tomorrow I have AAPL and BIDU to consider...
In the meantime here is the status of the account:

I will continue a follow up file of videos with each entry in this account.
For information about joining the private Stock of the Day group, please send an e-mail to Paperprofit1@mac.com
2 comments:
Hi Juan,
Thanks for the DVD’s they have been keeping me busy for the past couple of nights also I would be interested in subscribing to help with costs if you chose to amp up your blog.
Do you take into account when the VIX is at an extreme level like todays reading of almost 22 before entering PCCRC’s?
I’ve been using TOS+Ivolitility.com to check out IV levels on PCCRC candidates to look for my entries. The problem I’m having is that they are both giving me yesterdays IV levels not current real time. Do you get real time IV levels on Platnium or do you have another source?
Thank you Midas
Consider the IV of the individual stock, not the markets.
The same way that we pick the best performing stocks, we also pick the best volatility profile.
Amazingly, today has been very good for my account. Perhaps the pick up in volatility has helped.
If this is the top of the market, we may have to start looking at bearish candidates and a bearish variant of the PCCRC that could be used with the Elliott wave bearish candidates. I will post on this with some examples.
The IV in TOS is real time, the IV in platinum is 20-60 min delayed.
TO look at the IV in TOS, go to the Analyze tab and choose "VOLATILITY ANALYSIS". The IV changes every 2 seconds.
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