Me to. If I was selling OTM options that steamroller/pennies avatar image would be OK, but I am a buyer of OTM options - see my profile description. A more appropriate avatar image for a buyer of OTM options would be: Pennies in - Dollars out Once again - This Friday is a holiday, don't get caught with your pants down if you have any option positions that expire this week.
Ha, I somewhat agree... He recently posted his options trades/predictions in a post not too long ago...and they all were loser trades. -- his excuse was, you can't win them all. (no offense to OTM-Options though, just sayin) I trade options, but i'm not a fan of writing/selling them or buying OTM options.
It would be a lot better for everyone involved if OTM-Options would stop bashing every other trading technique known to man. There is room for all.
We're just giving him shit. To be fair his response with the pennies pumping out dollars made me laugh.
Try and stay on topic. This thread is a heads-up on Friday's holiday. FYI ..... I can (and do, if asked) explain all my replies with common sense and reality based on my experience, BUT keep your inquiries in the respective thread.