Maverick, You mentioned the Lord book on ratio spreads or broken wing butterflies. This strategy seems to be promoted on Optionetics also. The so called very expensive One Strategy for All Markets. Since you have read the book what is your opinion on the strategy and more specifically the methodology employed to maximise risk and return for these BWB's, ie using the strike table approach. I know you dont like it but It would be good if you could elaborate why for us traders here....someone is making a killing selling this book for megabucks. Cheers Optiontraderman
Hey DB Looks like most questions are already answered. About the non-sequitur, you are quite wrong, I am here to learn, and have picked up a lot from this discussion. I find the best knowledge is gleaned when shots are fired in anger, as shown in this thread and the O. thread. Kudos to those who argued with facts. Bygones.
Beauty. Let me add a little to your knowledge then. And I'll use some anger since that is when you seem to learn the most. Here goes: you're a motherf... c... . Bygones daddy's boy
No, no, no! I didn't say Timbo is gay. I said the poor darling is frightened of gays, lol. daddy's boy
Great! Now that we've got the macho stuff off our chests we can enjoy the rest of this delightful New Year ! daddy's boy
if you are referring to my comment, I have never suggested that synthetics were not suggested in optionetics. you are either intentionally twist other's comment or lack of comprehension. the following is the first post I saw at that moment: "Posts: 3853 Registered: Sep 2001 12/31/06 1:45 PM Alex, thank you for the quick response. Now, the task for me and the rest of us students is to analyze and comprehend the synthetic relationship. With this acknowledgment of the similarity comes the challenge of figuring out how to effectively do Bull Call Spreads and then roll and ratchet as he underlying moves. My first blush impression is that this certainly would entail a significantly lower working capital investment than the purchase of a regular collar. One thing for sure...I need to go slow. If I and others are able to get a solid handle on this concept, it will mean that all of the bitter banter with Chicago Trader will have resulted in a net positive for us. Sorry this train got derailed, but looking back, it was a runaway freight train from the beginning." Considering the guy has spent five years there and has wrote more than 3000 posts, it's reasonable to question the effectiveness of those expensive education, isn't it?