I know what ROI means, and yes, I doubt it's possible to find alot of CC situations offering 10-15%/month on 1 position. That would mean, for example, buying MO at $84, and selling an $8.40 OTM Call against it....the MO Jan 85 Call is not going for $8.40... NFLD? There's a possibility...$15 stock, the Jan 17.5 Call is going for $2.80...hmmm, almost 20%....I might try that...nah, I'll sell naked put or a put spread and tie up a LOT less cash, and get a better return. Look, I'll admit my posts did not have a very friendly tone to them, and for that I apologize. It's just that your posts did have a smidgeon of arrogance to them, like everyone here is below you. Maybe that's not the way you meant it, but it's the way I took it. Then there's the way you compliment people on their posts....as if to say, "hey, you're not as stupid as I thought you were..." Let's start over....Peace my friend. Arnie
Or you could buy a deep OTM Jan 08 call instead of a deep ITM call. Higher strike calls probably would be "cheaper" in terms of vol. The deep ITM Jan 08 LEAP with a high delta could get whacked hard on a deep drop in the stock.
"Position trading conservative front month ITM debit spread, ITM long options and some CC out of a 100k account. Is this doable using options or my target is unrealistic?" Yes, It is very doable, but just don't know whether you will profit 100% or lose 100%.
honestly reading back on my post I did take a bit of a stand w. arrogance after being felt like you guys thought I was an idiot. So for that, my apologies as well. And I lend great credence to your advocating to sell naked puts. I indeed use this strategy as well, and do find it effective--especially in its levg ability. I'm glad we can be friends! I like this forum & hope I'll fit in well here.
my , oh my... another orchestrated and brutal attack ( this time on der_commissar)...I wonder who is next
i promise, i did not consult anyone on "attacking (your spelling) der_commissar". i just do not like bullies and i perceive him as such.
He/she's just had a bad trading day and is taking it out on the folk here - noone is attacking him/her, just self defence. I notice he/she stopped posting, probably because has gained insight into the error of his/her ways but is too embarrassed to come back and admit to it. Probably a nice person deep down. Let's leave it at that and hope he/she comes back and we can then offer some emotional support to help him/her through this time of financial/personal stress. Peace and goodwill to all daddy's boy