Hey @wxytrader, don't fall for the trap of this @taowave spammer idiot...
Bye bye @taowave, you deserve it, you useless POS! :-)
What a stupid posting! Brainless, much like its author... :)
Sit down @schizo, you grasped nothing... :) Read the diversification part again... Link in one of the prev postings... Man, you, and some others...
Not worth to waste my time to explain it to you, buddy :) I'll explain only if someone else too asks.
The risk in a ShortPut trade is "just" strike - premium. Ie. the risk is limited, regardless whether it was cash-secured or margin. That's even...
There are these trade types: - Passive trades - Active trades Most option traders who make "covered trades" (like CoveredCall and CashSecuredPut),...
The topic of this discussion thread is not about the Wheel strategy. Ie. you are simply off-topic. :)
@wxytrader, FYI: the correct term is "buying back" ("buy-to-close" is OK too, yes) for closing a short position early (ie. before auto-expiry).
The spammer @taowave again trying hard to kill another discussion...
You better should be serious, not such childish.
It's unclear what exactly you mean. Just give the links of the postings you mean, or the posting #'s of them.
So you can't prove what you claim, right? :)
Can you explain please. Maybe I/we can learn something new. Thx.
Nope, must have been a typo of him, b/c in the very next paragraph he writes "when I sold the puts". So, I'm sure he means ShortSelling.
Yes, but that's just "calculated risk" :) When you apply diversification, then such a loss doesn't make up much, and doesn't hurt much :)
I understand @wxytrader very well: he simply means to keep the option till the expiry, the very normal nature of an options trade, BECAUSE all...
Ie. "The Do-Nothing Risk Management Method™" of mine was posted on Feb 12, 2024 :) I since then updated it a little bit: sometimes adding some...
Yeah, indeed a good idea to start a public journal here at ET. Many people will help and give feedback.
EVA today in 7th heaven: Up 20+% :)
Separate names with a comma.