Are naked puts really this safe????

LOL.

 

So true, so true. I've seen it over and over and over. The amazing thing is that these guys always seem to find backers. And if they lose a million dollars, they'll find a million dollars in backing. If they lose $50 million, they'll find $50 million in backing. It's as if losing more money puts you in a more elite category...

 

Will update after I take a break - what a day! KEY REVERSAL day? The low is in place for a rally to SPX 1300 plus?

Follow the trades here:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=136651&perpage=6&pagenumber=2

 

Can't wait to hear how you covered your SPU8 at the LOD and rode that massive $8k put position to 1210.

 

Don't wait:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=136651&perpage=6&pagenumber=2

 

As expected, and entirely FOS. The only thing more profane than your strategy is your blatant after-the-fact bullshit.

 

Here's what I did today, all posted in real-time. Pointless, but somehow less-so than your ridiculous hindsight fantasy:

 

So they double the money with no risk. Great. To him I would say Hello Mr Fancypants.

 

I was wondering how ace, zenith, ljm and ansbacher did it, thanks.

 

Jahajee's alter-ego, crash n burn, is due any moment with his private insights into Jahajee's massive winners.