Are options a waste of time and money? (pun intended)

Pics and I break out my Wyckoff course and go back to point and figure and give up options

 

Yes lol, a 2008 Spyder

 

Yes it was closing stats so basically go out 45 days minimum?

 

Hey question about rolling a protective put...doesn't matter when itm/otm etc because its the same cost basis? Its like selling a home to buy a home...doesn't matter what the market is doing. Or should I roll into a spread? I think the money I save/gain is less than what I will lose on the other side if max loss...will analyze later.

 

Pretty keen how dest just about nailed your model and year. You sure you want to keep poking that bear with the options stick?

 

Well I haven't seen his Lambo yet. Besides anybody who knows Lambos knows the V10 of the pre-LP is a beast.

 

Wyckoff,here I come

 

Au Contraire, Mon Freire. It's a long credit strangle. Thats all it is.

 

It's a pair of backspreads you consanguineous fuck.