The Beauty of Options - Portfolio Insurance at a Discount

Discussion in 'Options' started by Sweet Bobby, Jun 19, 2020.

  1. The second greatest options trader is Karen the Supertrader. Karen is a little misunderstood by some of you pups, but ol' gal made some change during her trading time. Some of you became instant lawyers when some SEC stuff came out. I'm sure your analysis was spot on! ;)

    The thing that Karen did not have is my knowledge regarding hedging. I do something similar to Karen with a couple of exceptions. I don't sell calls. In a raging bull market, why should I? I love the skew in puts, and it allows me to make more money. So, I sell puts and then I place hedges along the way to protect the portfolio. How does this work in 2020? Quite well. Thanks for asking! That's why the portfolio up well over 200% for the year.

    Happy trading and Happy father's day to you dads out there!

    Sweet Bobby
     
    #21     Jun 19, 2020
    .sigma likes this.
  2. taowave

    taowave

    Moron,you sold a covered call to "finance" your long downside wings..The downside wings expire after your covered call...

    You have a backspread on with the wings rolled out in time...

    And how does one roll out in time(same strike)???

    Others know what i am talking about...

    You are the bottleneck:)


     
    #22     Jun 19, 2020
  3. taowave

    taowave

    All this dick swinging with that graph???

    Down 1000 points(-37%) you make 200K???

    Congrats,looks, like you put your big boy boots on and put a 2 lot on..

    My apologies,you are backspread 1 x 3..Literally 1x

    Piker:)







     
    #23     Jun 19, 2020
  4. You are the dumbest poster on this thread! I have not sold a call in 2020! Do you even know what the risk profile of a shirt call looks like? Dumbass!
     
    #24     Jun 19, 2020
  5. Your ratio analysis is as deficient as your social skills. Crawl back into your mom’s basement after she nipple feeds you you blithering sloth!
     
    #25     Jun 19, 2020
    taowave and .sigma like this.
  6. taowave

    taowave

    Lol....Down 1000 points you make 200k....Thats a 2 lot bro....

    Next time step up your simulation size..
     
    #26     Jun 19, 2020
  7. zdreg

    zdreg

    It is unnecessary to sink to his level of name calling. With every one of his posts he reveals his true character.
     
    #27     Jun 19, 2020
  8. .sigma

    .sigma

    Bobby makes these forums funny af. This thread is hilarious.

    Bobby, if you don't sell calls in bull markets, one would ask: would you sell puts in bear markets? And vice versa your strategy to the bear side?
     
    #28     Jun 20, 2020
    Sweet Bobby likes this.
  9. taowave

    taowave

    I think Bobby is a good guy who likes to get the party started..

    It's pretty obvious he posts for Sport..Always entertaining...

    He takes it as well as he gives it..




     
    #29     Jun 20, 2020
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  10. .sigma

    .sigma

    the thing is, it’s hard to critique his style of trading. He mocks the Karen image because of the simplicity of genius in the way Karen trades. It’s not rocket science. You take what works andtinker with it. I’ve seen so many people throw shots at the god, and all missed.

    all hail Lord Roberto
     
    #30     Jun 20, 2020
    Flynrider, Sweet Bobby and taowave like this.