Cash secured put means you have enough cash to buy the stock, if it drops below your strike. You don't have to own the stock if you don't want...
Good questions. First, let me state I made an error in what I posted. I was rushing to leave to hear Mitt Romney give a speech here in Vegas,...
Sold puts on $15 WMS for October. Credit $0.20 Annualized % return... 16%
The more you know about the GREEKS, the better a trader you will become. But not all Greeks are equally important or as relevant as others may...
Thank you for correcting my misinterpretation of his objective.
I'm not the expert here, so I'll let others address your issues. I'll simply say do NOT take his course, which i assume will cost you hundreds of...
Nice try, but I'm NOT refering to any hedging strategy. Just the process and use of the term "rolling". Rolling is a term used to state "I'm...
Do you talk to your wife the same way you talk to us??? If so, does she just shake her head and stare at you a lot??? "I sell mad amounts of...
Option traders would sound like morons, if they said... "my trade is deteriorating, so I am closing down the trade for a loss, and then getting...
You sold them at $25. You made $5 for the $5 run from 20 to 25,.... plus you made another $2.50 for the call premium. Doesn't matter how much...
I was thinking more in terms of how a sig spike in IV might change the "structure" of the bid/ask. That being, instead of it normally being a...
I think those IC trades Atticus discusses, are just a front he puts out for the public. Secretly, I suspect he is a closet naked put seller....
I agree, it was a good discussion for the board. I learned quite a bit myself. It's these type discussions, arguments and debates, that make...
Closed my Jan $40 JOY naked put for $0.60. Original credit $1.95. Thus, turned this 4 month trade into a 2 week trade, while keeping about 70%...
<<< Similar margin leverages are either not possible or not realistic for the comparison. The issue is the TOTAL use of ones cash for the spread...
<<< Can at least keep the fact that the credit spread is not completely wiped out if the margin levels are similar? >>> Similar margin...
I Agree. But the point of the exercise was not to compare profits, but to compare how a negative event might affect both type traders. Thus, I...
My only problem with this example is, this is a 4 month contract, and the "event' occured just a week later. Thus you still had more than 90% of...
I also didn't realize we were both operating under 2 different assumptions. I had no idea you had me at max margin. However, just a couple of...
<<< I picked July 31 for Facebook because it was actually just a few days after a black swan for the stock itself. If you paid any attention you...
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