No one lies on the internet, and everyone is as rich and good looking as they claim. I find that most of the 30 something people I meet on the internet all retired and live the good life.
Here is the re-cap: Bought 15 SPY 81 puts @ 1.27 and sold @ 2.66 Bought 32 QQQQ 30 puts @ .60 and sold @ 1.07 Totally pumped...
demo right now...broker is www.optionsxpress.com they are simply the best to trade options with...the best...
You are clearly speaking from experience since you've tried all the brokers and researched the commission on each one and compared them. We should all listen to you and your expert wisdom.
So you do the live demo of your trade ? This is the main problem for most people here - too lazy to do research by their own, sometime even too lazy to verify what this guy claim to by looking back to his previous post in the same thread ..
Is this correct regarding calculating the premium cost? $1.87 * 100 * 10 = $1870 for SPY puts @ 83 $.69 * 100 * 28 = $1932 for QQQQ puts @ 30
Total cost for puts = $3802 Dumb question...how can you use $2000 account to purchase $3802 in options?