We go back to 2005 posts when we discussed several trades.
Hope you are doing well.
You're naked after Dec expiration.
That's correct and I will be out of the trade by Dec 2011 expiration of Dec 17th, the red line on the graph....
A picture is a 1,000 words so here is the trade.
If you don't understand the picture, maybe somebody else will take the time to explain it to...
Here is a real trade, not a paper one.
SDS is the S&P 500 short.
SDS is 19.63 now.
Sell the Mar 2012 33 calls and
Used correctly, options are less risky than stocks, futures etc.
Used incorrectly you wont be around long trading.
Most option traders trade...
Thanks and congrats on yours also.
I like zero risk and zero cost spreads.
I have some others also.
PENN, GOOG, VLO, UPL, UTX
Yes, I have lots...
Here is an INTC trade I am doing.
I bought the Jan 27.5 calls for .50 about a week ago hoping to leg into a spread.
When INTC moved up I...
Rob, sorry I was not clear.
Amazing how statements can be easily construed.
I was referring to his using that expression in general.
I think you have been around a while also like myself.
I really do respect others trading styles if they work for them.
I only hope to...
All good points.
With all due respect,
I have been successfully trading leaps since 1998.
Actually it is a diagonal calendar spread.
I run my own stock and...
Okay, let me use an example most of us on this thread are familiar with and that is APA. Trader A buys 1000 shares of APA at a price of 66 and...
I have made most of my trading money using Leaps.
When I try to reduce my costs by trading shorter term options my trading is inconsistent and my...
Separate names with a comma.