http://finance.yahoo.com/news/oracle-tops-3q-profit-forecasts-200853318.html http://www.forbes.com/sites/laureng...mpaign=yahootix&partner=yahootix#83bfc5d9d5d6 http://www.investors.com/news/techn...-stock-too/?ven=YahooCP&src=AURLLED&ven=yahoo http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.ORCL.NYS http://www.businessinsider.com/oracle-rolls-out-new-sales-program-internal-email-2016-3 http://stockcharts.com/h-sc/ui?s=orcl http://finance.yahoo.com/echarts?s=ORCL+Interactive#{"range":"5y","allowChartStacking":true} Trade: With ORCL at 40.22 Jan '17 Iron Condor: 50/55:30/25 for a net credit of $57 Yield = 57/443 = 12.9% in 309 days or 15.2% annualized Price............. Profit / Loss......... ROM % 20.00................ (443.00)............ -88.60% 25.00................ (443.00)............ -88.60% 28.35................ (108.40)............ -21.68% 29.43..................... 0.00................ 0.00% 30.00................... 57.00............... 12.90% 35.00................... 57.00............... 12.90% 45.00................... 57.00............... 12.90% 50.00................... 57.00............... 12.90% 50.57..................... 0.00................. 0.00% 55.00................ (443.00)............. -88.60% 65.00................ (443.00)............. -88.60% BTW: http://fortune.com/2016/03/16/oracle-oregon-boycott/?xid=yahoo_fortune Probably not material. When I made my living doing consulting work situations like this used to provide me with many many days of consulting fees... from both sides. Larry Ellison is a real pain in the ass and his company tends to follow his lead. https://en.wikipedia.org/wiki/Larry_Ellison Trump likes to tell you how rich he is at 8 billion or so (about half of it hot air). Ellison is worth about 45 billion. Bill Gates is worth about 80 Billion... Warren Buffet about 67 billion.
Trump likes to tell you how rich he is at 8 billion or so (about half of it hot air). Ellison is worth about 45 billion. Bill Gates is worth about 80 Billion... Warren Buffet about 67 billion.[/QUOTE] ---------------------------------------------------------------------------------------------- I find hRE valuations are Donald Trump's valuations... as are his net worth estimate . Many of his holdings are resorts and golf courses( golf courses are increasingly more difficult to value . I belonged to a a golf and country club La Costa in Calif.that sold to the Japanese for over 500m ....mid 80's a few years later it was repurchased for less 100m) . He exaggerates often but his populist rhetoric is refreshing after the years and years of canned political nonsense that means nothing The presidential bar has been lowered I may hold my nose and vote for him..maybe cheers john
Take it to Chit Chat or Politics & Religion . This is forum is for questions, comments, or expertise related to Options Trading.
These are not live trades they are just trade ideas. Below is a quote from oldnemesis in another thread stating that they are nothing more than trade ideas. How oldnemesis's trade ideas will do during live trading is still yet to be determined - his next step is paper trading. Below is the 3-step process of Trading 101: Trade Ideas Paper Trading Live Trading
Actually I don't post here for the peanut gallery. I use this space as a scratch pad for the initial trade set up. It's useful to me for that purpose. Many people have told me that they find my initial musings useful in terms of bringing to their attention a trade POSSIBILITY. As an actual trade it may or may not fit them. It may or may not fit me. Subsequently I may or may not make the actual trade. It depends on a number of things. One of which is my ability to get the fill at the price I specify, the other, of course, is how my portfolio is faring, whether it will enrich my portfolio, what market outlook is etc. Among the many things I have said here is that I end up actually making the trade in about 50% of the cases. I had not been posting my fills or trade management simply because it does not serve MY purposes to do so. I am not offering a trading service. After the trade is filled I use my trading platform to track what is happening... I don't need this space for that. As for live trading I have been live trading options for 10 years. AND I make a profit by doing so. Which makes me one of the 2%. I don't know what OptionGuru's problem is... other than obvious things like jealousy etc. But I don't really care. I have used this space through many many generations of assholes and have learned to ignore them. He has repeatedly tried to find holes in my postings so he can have something nasty to say. Good for him. Give my regards to his wife and family. Just so he doesn't waste his time harassing me...OptionGuru is on ignore as is botpro.
How come I earned that privilege? Because I asked for the FillPrice? Btw, I think you must be doing something wrong, because if I were in your Ignore List then I shouldn't be able to see your postings, but I clearly do see them... Or does the Ignore List functions maybe differently?
filled at $60 yield = 60/440 = 13.6% in 308 days or 16% annualized Actually I don't like iron condors...too many options...they fill up your position display. Also I don't much like how quickly it filled. Somebody was real glad to take that trade. http://www.investopedia.com/articles/trading/08/flock-to-iron-condors.asp
IMO ....... Iron Condors are a tad better than a Credit Spread simply because you double the credit. But you now have two maximum loss points instead of one. Buyer's Remorse