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COOL Tool and Mac users
I opened the COOL_Tool Excel file at work on my PC and enabled macros.
(I got tech support for this but it is easy: go to the Window icon on
top left, choose Excel Options on bottom of this little window; then
Trust Center, Trust Center Settings in middle, Macro Settings, Enable
Macros).

I saved the file with this setting of Macros Enabled.
Then I can bring the file home and use it on my PC Portal/Citrix from
work on my home Mac computer.

It is a bit round-about but it will work easily.

But the math formula is also pretty easy, though, Paul, it doesn't
take commissions into account for the APR... which the COOL_Tool
does, right?

thanks, Etana

On Thu, Sep 13, 2012 at 11:42 AM, Paul Madison
<TheCOOLClubDude@gmail.com> wrote:
> There are several in the Greystone Trading Group who are into TA but I
> personally am not. I believe in fundamentals, first and foremost, so no I
> don't look at charts.
>
> I like the ALGN 33's at anything .65 and higher as it gives you 20%+ APR
> ...33 also happens to be at my buy level.
>
> I don't know anything about TSCO, DVA, ROST, or CSTR from a Fundamental
> standpoint so strictly from an APR standpoint:
>
> TSCO .80/85 x 365/36 = 10% nope
> DVA 1.10/90 x 365/36 = 12% nope
> ROST .60/62.5 x 365/36 = 10% nope
> CSTR .70/45 x 365/36 = 16% nope
>
> Although I think the COOL TOOLs are fun, the dirty little secret is the math
> is not hard to calculate APRs. The more you learn the math then you don't
> need anybody else's tools or you can build your own tools.
>
> so the math is: premium/strike x 365 days/divided by days left
>
> pretty simple really
>
> Paul Madison
>
> TheCOOLClubDude@gmail.com
>
> www.bivio.com/COOL_Club
>
>
> On Thu, Sep 13, 2012 at 10:22 AM, ETANA FINKLER <etana.finkler@gmail.com>
> wrote:
>>
>> Some ideas for Puts from today; I have not yet placed these or examined in
>> Cool Tool
>> comments welcome
>> Mr. Cool, do you look at chart patterns?
>>
>> Etana
>>
>>
>> 33.00 ALGN Oct 20 2012 33.0 Put; 0.60-0.75 premium 0.174 delta | earnings
>> 10/25 (Nav AAB)
>>
>> 32.00 ALGN Oct 20 2012 32.0 Put 0.45-0. premium -0.139174 delta |
>> earnings 10/25 (Nav AAB)
>>
>> 85.00 TSCO Oct 20 2012 85.0 Put; 0.65-0.80 premium -0.121 delta | earnings
>> 10/24=yahoo (Nav BAB)
>>
>>
>> 90.00 DVA Oct 20 2012 90.0 Put; 0.85-1.10 premium -0.176 delta |
>> earnings 10/29 (Nav BAB)
>>
>> 62.50 ROST Oct 20 2012 62.5 Put; 0.50-0.60 premium -0.18 delta | earnings
>> 11/15 (Nav AAB)
>>
>> 38.00 FAST Oct 20 2012 38.0 Put 0.50-0.60 premium; -0.191 delta | earnings
>> 10/11
>>
>> 45.00 CSTR Oct 20 2012 45.0 Put; 0.60-0.70 premium 0.162 delta |
>> earnings (Nav BCB)
>
>
>
>
>



--
Etana
etana.finkler@gmail.com
Yes the COOL TOOLs do attempt take into account commissions and that is handy.

You can build yourself some easy cheats on the commissions. If your normal is $9 for 1 contract that is going to drop your premium by $.09. If it is $10 for 2 contracts that is going to drop your premium by $.05. If it is $11 for 3 contracts it will drop your premium by $.037. Those are just examples but you could quickly build yourself a simple table of your exact situation and then just subtract the premium cost from the premium you would be collecting.

Hope that helps!

Paul Madison



On Thu, Sep 13, 2012 at 10:59 AM, ETANA FINKLER <etana.finkler@gmail.com> wrote:
I opened the COOL_Tool Excel file at work on my PC and enabled macros.
(I got tech support for this but it is easy: go to the Window icon on
top left, choose Excel Options on bottom of this little window; then
Trust Center, Trust Center Settings in middle, Macro Settings, Enable
Macros).

I saved the file with this setting of Macros Enabled.
Then I can bring the file home and use it on my PC Portal/Citrix from
work on my home Mac computer.

It is a bit round-about but it will work easily.

But the math formula is also pretty easy, though, Paul, it doesn't
take commissions into account for the APR... which the COOL_Tool
does, right?

thanks, Etana

On Thu, Sep 13, 2012 at 11:42 AM, Paul Madison
<TheCOOLClubDude@gmail.com> wrote:
> There are several in the Greystone Trading Group who are into TA but I
> personally am not. I believe in fundamentals, first and foremost, so no I
> don't look at charts.
>
> I like the ALGN 33's at anything .65 and higher as it gives you 20%+ APR
> ...33 also happens to be at my buy level.
>
> I don't know anything about TSCO, DVA, ROST, or CSTR from a Fundamental
> standpoint so strictly from an APR standpoint:
>
> TSCO .80/85 x 365/36 = 10% nope
> DVA 1.10/90 x 365/36 = 12% nope
> ROST .60/62.5 x 365/36 = 10% nope
> CSTR .70/45 x 365/36 = 16% nope
>
> Although I think the COOL TOOLs are fun, the dirty little secret is the math
> is not hard to calculate APRs. The more you learn the math then you don't
> need anybody else's tools or you can build your own tools.
>
> so the math is: premium/strike x 365 days/divided by days left
>
> pretty simple really
>
> Paul Madison
>
> TheCOOLClubDude@gmail.com
>
> www.bivio.com/COOL_Club
>
>
> On Thu, Sep 13, 2012 at 10:22 AM, ETANA FINKLER <etana.finkler@gmail.com>
> wrote:
>>
>> Some ideas for Puts from today; I have not yet placed these or examined in
>> Cool Tool
>> comments welcome
>> Mr. Cool, do you look at chart patterns?
>>
>> Etana
>>
>>
>> 33.00 ALGN Oct 20 2012 33.0 Put; 0.60-0.75 premium 0.174 delta | earnings
>> 10/25 (Nav AAB)
>>
>> 32.00 ALGN Oct 20 2012 32.0 Put 0.45-0. premium -0.139174 delta |
>> earnings 10/25 (Nav AAB)
>>
>> 85.00 TSCO Oct 20 2012 85.0 Put; 0.65-0.80 premium -0.121 delta | earnings
>> 10/24=yahoo (Nav BAB)
>>
>>
>> 90.00 DVA Oct 20 2012 90.0 Put; 0.85-1.10 premium -0.176 delta |
>> earnings 10/29 (Nav BAB)
>>
>> 62.50 ROST Oct 20 2012 62.5 Put; 0.50-0.60 premium -0.18 delta | earnings
>> 11/15 (Nav AAB)
>>
>> 38.00 FAST Oct 20 2012 38.0 Put 0.50-0.60 premium; -0.191 delta | earnings
>> 10/11
>>
>> 45.00 CSTR Oct 20 2012 45.0 Put; 0.60-0.70 premium 0.162 delta |
>> earnings (Nav BCB)
>
>
>
>
>



--
Etana
etana.finkler@gmail.com



--