Gee, why didn't we think of that:D I suggest you hit the books, you do not know enough about options to even be thinking about trading them....
I am living on the cheap- house paid for, no debt at all. My fixed costs to maintain the house (Taxes,insurance & utility bill) is only 2000...
The way it started was a vertical bear put spread 945 bought & sold an 880 put to offset it. I did that when it was bouncing off of the 950 level....
(These are all September puts- one of each) +945 put +920 put - 880 put - 800 put I was hoping to buy back the 880 put today but never...
No, you would look pretty dumb asking- "I placed an order for 4000 options and it cost me 20,000 dollars, I thought they would only cost 2000"....
You could buy 40 at .50 cents each. If the stock climbed above the strike price the value of your option will also rise but not always dollar for...
Thanks for the response Putz Master. As a newbie I have a LOT to learn and am going to stay small for a while. One contract maximum and only four...
Putz Master, Are you concerned about a broad market decline in the next few months? I would be nervous selling put spreads in this...
I did my first (real money) option trade in June. I sold a June 975 call & bought a June 985 for a 1000 dollar credit (SPX). I realize the risk...
Uh, I thought this sub-forum was about trading securities, not slave trading. :(
Oh, ok you are talking about the elliott wave theory- never mind my previous comment.
Please explain what 5th wave means? Are you being cryptic in order to cover all the bases? See- it went up. See-it went down.
Madoff's "investors" were also sure. I have to ask you this. If they can offer you 13% per month why do they need your capital? If they have...
Maybe so.....but I like the odds.
Would the trade have paid off if sent (1000 options)? That would have been something!
Always confirm your order before you send it:eek: I intended to buy one spx put today, sent the order & the confirmation came back as ten...
Nobody is going to give away "free" money. From whom are you going to borrow the stock in order to short it?
Why is the FED buying up treasuries during the auctions? I guess nobody else will....:confused:
I have bought a lot of material from this place; http://www.traderslibrary.com/ They have deals every once in a while too.
That is amazing! I take it spelling isn't a job requirement? Woo-hoo! (Just busting your chops:p )
Separate names with a comma.