OK, just for fun, let's talk the naked put thing again. From Mav this time, I think, LOL. "both (naked puts and pairs) involve unlimited risk on the downside"....well, since we're short few GM puts at the $7.50 cent level, I think my risk is limited to $7.50 minus the premium I received for selling them..therefore, they are limited to the strike price minus premium. (again, I think). To Exodus, I will see if PairCo wants so share some of their results, as always, since regulators read this, I have to see how foolish my Compliance Officer thinks I am for being so open. If I show good, honest numbers for winners, then I'll be accused of "cherry picking" and if I show an "average" then I'm accused of skewing the numbers. Sometimes you just can't win, but I'll see what I can do. (Do me a favor, and ask another Broker Dealer to post their results, just for once I would like to see someone who is regulated share that info). Don
Hey Mav, and others from "Chicagoland"...I'm thinking about bringing Rob from PairCo back to Chicago sometime in August. Maybe a get-together and/or a short, 1-2 hour workshop one night. I would like to make the most of my time, and since there are not many casinos close by, I thought I would see if you guys are going to be around, maybe dinner...?? Let me know if you're going to be around... Don
Sorry, but those particular expo's have kind of "worn out" over the years...we're focusing more in serious trading workshops and retreats these days. Don
Hey Don, I might come out and say hello. I trade for Gennady (if you remember him, heh) and traded with Barry and others at vegas Assent last summer.
Don I have been toying with visiting Rob in Vancouver to learn equity arbs but If you guys ever get to Toronto, let me know. Dinner and a show is on me at Casino Niagara. I would love to share some of my Baccarat stratagies with you !!!
Super, and of course I remember Gennady, he's still a Bright Trader...and (don't tell him, LOL)...one of the smartest traders that I know. Don
You know, I sure wish Ontario would "lighten up" a bit with registration for GS and the trading firms, so that we could expand PairCo to your Province. I think Toronto is a cool place. Don
How? I looked into it and every broker says it is impossible. They said you can't buy the emini S&P 500 between the .25 spread. They said you can only buy it at .25 of bid or ask. Is there something I don't know? Or a way to trade between the bid ask of emini?