My gamble trade

Discussion in 'Options' started by CaptainObvious, Nov 6, 2006.

  1. I'm not calling a top, just a healthy pullback.
     
    #11     Nov 6, 2006
  2. In my best Adam Sandler, Happy Gilmore voice......Go Down STUPID MARKET. GOOOO DOOOOOWN!
     
    #12     Nov 7, 2006
  3. S2007S

    S2007S



    i hope the trade goes your way....every bull thinks your crazy. Why not take a little risk, might work out in your favor.
     
    #13     Nov 7, 2006
  4. dac8555

    dac8555

    hahaha. i could not have said it better myself.

    i just had a guy walk in my office..."so..ar you ong this market...making money...huh? why not? "

    my response

    "no, waiting for a short...we are overbought, not enough upsode potential...too risky." i said they same thing a few months ago by the way....ughhh.
     
    #14     Nov 7, 2006
  5. I agree. It's a good strategy to express short bias buying cheap gamma and vega. Winning percentage might be low (depending on the accuracy of the original posters bias) but the strategy is highly profitable if correct.

     
    #15     Nov 7, 2006
  6. I'm having visions and they're not good:eek:
     
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    #16     Nov 7, 2006


  7. That was actually painful to read...:(
     
    #17     Nov 7, 2006
  8. dac8555

    dac8555

    nah...i am market neural now..half short half long...not too painful. i still made a few bucks today.
     
    #18     Nov 7, 2006
  9. Isn't it a little early to be drinking? :p

    Hey pal, try the "Check Spelling" button,
    and maybe we can get a "Check Grammar" button...

    Lord Jesus....:(
     
    #19     Nov 7, 2006
  10. Added more @.50, average now .55 All in at this point. Now I wait! Will I make my point, or is a seven coming? Where's my free drink?:D
     
    #20     Nov 9, 2006