I think it is more important to understand the concept than to argue the semantics of zero-sum vs negative expectation. By the zero-sum...
What would you like to discuss? As far as your comments above, let me expand. Trading on paper is a good thing but it can also be a bad...
What is your definition of "repair"? Joe.
Scam might be too harsh. Yes, there are definitely scams out there but I think some of them truly try to offer a service. I just don't think...
It can be both. An edge can be created by skill (as defined by you and many more not defined). In addition, as already descirbed an edge can...
Orlando Florida. $1,000 per month will get you something very nice. Major airport close by and a large British population in the...
"Well, investopedia is wrong...you can't just 'exclude' costs" I agree, options is a negative-expectation "game" due to the costs (of course,...
"I take it you never put your cock in a woman's mouth either...since that doesn't produce babies, just gagging..." If it produces gagging, you...
"These spreads work better with short time to expiration and a July spread might have worked better" Thank you for the replies. Can you give...
MTE, Would you have a different opinion if you believed that the price of LEH was going to increase in the near term? Can you give me an idea...
You didn't give any details about the girl but maybe she thinks that it won't hurt anymore when she reaches puberty. Joe. :)
"I think the road to recovery is nearly complete for me." Apparentely you fell off the wagon! Joe.
Yesterday (6/14/07) I executed the following order: (LEH - Lehman Bros) Sold 3 LEH Oct 75 puts Bought 3 LEH Oct 70 puts for a credit of $1.35...
This does not give him the safety of principal that he is looking for. In addition, what makes a naked put (covered call) relatively safe?...
MTE gave you a good idea. IE. a $19.5K 6 month CD will give you $20K at maturity. You can then use the $500. to buy puts or calls. If you are...
As in a previous post, married puts and collars could possibly meet your criteria. However, the returns over time would probably be close to CD...
Hiccup
The credit is yours to keep. So in your example, you lose $2 in the exercise but you collected $2 in premium for a net of $0. (less commissions)....
While I agree with your sentiment, why the disparaging remark which just cheapens your message? Joe.
Consider the source! Joe.
Separate names with a comma.