Recent Content by Cereal

  1. UPRO Covered Call - Too gd to be tru? Please advise

    Final Result [of a perfect trade] ----------- UPRO closed at 89.04 on Friday 21st Dec Was assigned and thus gave stock to buyer of call....
    Post by: Cereal, Dec 23, 2012 in forum: Options

  2. UPRO Covered Call - Too gd to be tru? Please advise

    If you say so...
    Post by: Cereal, Dec 13, 2012 in forum: Options

  3. UPRO Covered Call - Too gd to be tru? Please advise

    No, it's never easy, that's for sure. But you have to agree that buying a 3X sp500 ETF in December is not the worst of trade probabilities. Nor...
    Post by: Cereal, Dec 12, 2012 in forum: Options

  4. UPRO Covered Call - Too gd to be tru? Please advise

    The covered call part of the trade resolves in the next 10 days, we shall see...
    Post by: Cereal, Dec 11, 2012 in forum: Options

  5. UPRO Covered Call - Too gd to be tru? Please advise

    I said a coffee or a beer...that's all this trade gives; it's only one contract. Are there $5 "gift cards" ? If there are and if by options...
    Post by: Cereal, Dec 11, 2012 in forum: Options

  6. UPRO Covered Call - Too gd to be tru? Please advise

    After considering the advice received I have finally sold a very near term covered call that I calculated still gives a decent ROI plus lowers the...
    Post by: Cereal, Dec 10, 2012 in forum: Options

  7. UPRO Covered Call - Too gd to be tru? Please advise

    Thanks you both. O should have clarified that I already have the shares, and that I definitively did not buy them because of the covered call...
    Post by: Cereal, Dec 9, 2012 in forum: Options

  8. UPRO Covered Call - Too gd to be tru? Please advise

    Thanks, you are right in that the stock going much lower is a bad deal. When I said too good to be true I meant the return percentage should the...
    Post by: Cereal, Dec 9, 2012 in forum: Options

  9. UPRO Covered Call - Too gd to be tru? Please advise

    Please, I appreciate any opinions on the following potential trade: I bought 100 stock UPRO for 87.04 per share. What do you think of the...
    Thread by: Cereal, Dec 9, 2012, 16 replies, in forum: Options

  10. Deep ITM calls

    These are two PAPER trades I opened yesterday and today just to do some testing buying deep ITM CALLS which have: DELTA practically = 1...
    Post by: Cereal, Sep 27, 2012 in forum: Options

  11. Another GLD Autumn Rally?

    The for dummies explanation of why Gold and Silver is......: To ask yourself the Right Question :p http://www.youtube.com/watch?v=z9MVNinXuxk
    Post by: Cereal, Sep 21, 2012 in forum: Options

  12. Another GLD Autumn Rally?

    Quote from Cereal: My new metals related positions opened today: (that was August 23rd 2012) SLW OCT12 Vertical spread Sold 1 Put of $34...
    Post by: Cereal, Sep 21, 2012 in forum: Options

  13. Total Account Risk

    The first thing I recently learned is that my broker by default will exercise all my options that are 0.1 ITM at expiry (even if I would have...
    Post by: Cereal, Sep 17, 2012 in forum: Options

  14. Another GLD Autumn Rally?

    SLW still open (expiry is in OCT12). GDXJ Buttefly: I closed the position receiving $10 credit minus comms. Result for the trade negative:...
    Post by: Cereal, Sep 13, 2012 in forum: Options