I told you guys...closing positions for a loss is for fools.

Do the math. It's 3 lots. That's the max I do currently for any non-index stock.

 

Ok now do this with Enron stock.

 

I might have if the IV was high. I would have been banking premium all the way up. Any losses would have been hedged by the premium collected depending on how long I was trading it...1 lot would have put 9k at risk. Who knows it might have even turned out to be a break-even situation. Only perma bulls lose their shirts and their life savings.

 

Do you do 2 lots on NVDA??

How much notional will you take down??

 

Bye bye @taowave, you deserve it, you useless POS!

 

Hey @wxytrader, don't fall for the trap of this @taowave spammer idiot...

 

Now Now Quanto,why so butthurt???
Your goal should be accumulation of wealth so you can open a margin account...

Look me up in 5 years

 

I just did some quick math but the premium return on risk for NVDA would be only like 3% and would be locking up a lot of capital.

 

one of the most accomplished vol guys on this site got blocked by a guy who thinks leg prices on a spread affect pnl.

this thread is a joke. Its value is entertainment like watching Talk Soup.

a bunch of losers who wouldn’t know a good options trade if it was presented to them with a two page summary of how it worked.

 

Let me guess you trade parity arbitrage zebra spreads? While you are adding up deltas I'll be doing doughnuts in my (2008) Lambo. Btw I just showed you a GREAT options trade.