Is maxreturn a Multioption alias? I see this question set up Multioption for a great answer. 5th post down. http://www.elitetrader.com/vb/showthread.php?s=&threadid=56457&perpage=6&pagenumber=29
Wow, that was one of the least suspicious posts I've ever read... it looked more to me like a not-very-well-hidden attempt at getting some of Multi's criteria out of him.... - The New Guy
So what happened? They all quit because $500 to $12,000 wasn't good enough? 2 more trades should have got them to the $25,000 mark. Why abandon this project?
Quote from uninvited_guest: Is maxreturn a Multioption alias? I see this question set up Multioption for a great answer. 5th post down. I can assure you that I am not Multioption. A couple of years back I looked into his course that he was pushing on the misc.invest.options group. His website at that time was EOMPlus.
His yahoo handle (which is in his bio on here) is also EOMPlus. Not very well hidden.... - The New Guy
Guys: Please let Multioption do his exercise. Don't spook him off. In the worst case he'll not succeed, and we'll move on. In the best case we learn something, and ... we'll move on.
you can follow any of my comments on this board by just clicking on my post history. the point of view that most matches mine on these boards seems to be maverick and riskarb. i've posted trades in other places mostly to illustrate some techniques such as butterfly management (see theoptionclub at yahoo groups) or earnings plays (see chicago option traders at google groups). i also had a blog that detailed a (failed) delta neutral trade at http://klugo.blogspot.com/
usually it's because the MM can take off risk on a position with the trade. or it might simply be a scalp on a previous trade. sometimes it's also a way to clear out a small order that get's in the way of a bigger spread trade being quoted. not necessarily true. that's the whole problem - you can't really determine who's doing a trade or whether it's a buy or sell or if the options are being used speculatively on direction or to hedge . much easier and better to just watch IV levels: if IV is rising, then the public is buying premium; if IV is falling then the public is selling premium.