yes that's what i plan to do, use the credit from the put spread to buy the 2010 5 calls instead of the stock at about 30% of the underlying price...
i read it wrong. sell naked puts instead of buying the stock and writing covered calls against it sell naked puts instead of buying the...
but he's saying dont buy the underlying instead sell naked puts and write(sell) covered call. huh? :confused:
About 23%, made good money on china stocks and writing otm calls/puts. but gave some back on buying naked ditm calls on mer/leh/bac before...
You are missing the point, assignment is a risk not something i WANT to buy. Chance of a july non-dividend stock early assignment is not high....
wow i am surprised to hear people in this day and age actually do that, on elite traders no less :eek: What do you do with the gold coins? and...
if i read this correctly, are some of you seriously saying buy some physical gold and put it in a box? :eek:
noone can tell you that without looking at the specific stock / option prices. Here's how i usually do it, am still learning as well. 1) if...
that's a good point i need to ask my broker what will happen when early assignment occurs, will they be smart enough to offer me the choice to buy...
ETFC (etrade) Analysis: Risk/nagatives: - real risk of bankruptcy - complex balance sheet making it difficult to find true writedown...
optioncoach, i dont mind the harsh advise, actually it's refreshing. But please read my replies in this thread from beginning, i certainly...
are you kidding? not even close. I be happy just to have 1/10th of the knowledge and insight Atticus does.
Yeah i agree. To be honest i only added the long calls to reduce the margin requirement. By using a condor instead of a short strangle, max profit...
This is better than some books i read :) still going through it but some questions. Assumption: 1)Writing OTM calls/puts (range example:...
what about a kiwi trader? :D j/k! thanks for the explanation!
Just curious, when you guys discuss various topics of trading in this section, do you mean day trading only? I been trading for 5+ years now...
Lets compare notes, you go first :D LEH and ETFC thanks
thanks, i am going to unload half and short the 70 call on the other half and wait a little longer. bt116, it wasnt on a "hunch". Leh had very...
Well the man is brilliant, atticus is like mozart in options, usually i was able to grasp what he is saying after rereading it a couple times and...
This was one of my first option trades bought during the start of the subprime mess. Due to my lack of experience on options at the time and pure...
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