Recent Content by backflip

  1. Newbie options journal

    Is there not an oppurtunity to profit on the put if NITE drops? As mentioned by momoney, the Oct 17.50 covered call (CC) is...
    Post by: backflip, Oct 5, 2006 in forum: Journals

  2. Newbie options journal

    Got it. I really appreciate the feedback.
    Post by: backflip, Oct 5, 2006 in forum: Journals

  3. Newbie options journal

    Very insightfull, thank you. That makes complete sense. So it is better to just do the naked put since it requires less margin. I think I am...
    Post by: backflip, Oct 5, 2006 in forum: Journals

  4. Newbie options journal

    Is it not easier to adjust a covered write that is going against you than a naked put? With a covered write, I have the option to roll down, or...
    Post by: backflip, Oct 5, 2006 in forum: Journals

  5. Newbie options journal

    Good point, is there a better adjustment that could be made short of closing out the position for a loss if the short strike is violated? The...
    Post by: backflip, Oct 5, 2006 in forum: Journals

  6. Newbie options journal

    Just bought a put to lock in gains from a covered write on NITE. Originally bough NITE at 17.50 and sold a Oct 17.50 call for 1.15. Just bought...
    Post by: backflip, Oct 4, 2006 in forum: Journals

  7. Newbie options journal

    Starting a journal of my trades with the main goal of getting advice and comments so I can learn to be a more profitable and less risky trader. I...
    Thread by: backflip, Oct 3, 2006, 14 replies, in forum: Journals

  8. Ratio spreads

    What is easier to adjust? A ratio write--long stock, short two calls; a ratio call spread; or a ratio put spread? It seems that with the puts...
    Thread by: backflip, Aug 11, 2006, 11 replies, in forum: Options

  9. Can one day or swing trade a straddle?

    Thanks for the info. Just trying to find my way through this crazy options world:)
    Post by: backflip, Jul 28, 2006 in forum: Options

  10. Can one day or swing trade a straddle?

    I was wondering if a straddle or strangle can become profitable before it hits the upper or lower BE points if the move happens quick enough...
    Thread by: backflip, Jul 28, 2006, 2 replies, in forum: Options

  11. 1:2 ratio--short stock:long calls?

    Wow, I just learned a lot by searching it and found a great article on optionetics. Thanks guys. That clears it up and makes it much simpler...
    Post by: backflip, Jul 27, 2006 in forum: Options

  12. 1:2 ratio--short stock:long calls?

    Forgive my ignorance but I am new to the options game. I've been looking at this strategy and comparing it to an ATM straddle. Short 100...
    Thread by: backflip, Jul 27, 2006, 3 replies, in forum: Options