The Beauty of Options - Portfolio Insurance at a Discount

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

  1. destriero

    destriero

    Tao, he’s got a moratorium. No thetaz next week. None.
     
    #411     Jul 5, 2020
    taowave likes this.
  2. guru

    guru


    Never heard of it and looking it up. How do you even know all this right off the bat?! :)
     
    #412     Jul 5, 2020
  3. In normal markets, I am a put selling machine. I also temper my naked puts with condors, butterflies, put credit spreads and pretty much anything that does NOT involve calls. I am not a fan of calls.

    I refuse to keep my cool with idios like that tao guy or whatever his name was. He is a mini Dest follower, and he only seeks to tear me down. To better keep my cool, I will just start blocking those who follow the lead of him and Dest. That should keep me much more on focus.

    Let me throw everyone a little jewel. If I see a down move in the market of 0.4% or more, I start placing income trades (short puts, condors, long butterflies, etc.). I'm not one to say that I'm going to do this many trades per month or per week. Although I attempt to anticipate market conditions and prepare my portfolio accordingly, I also am reactive to the pitch I see coming over the plate.

    And, because I like to be engaged at all times, the black swan fund doesn't provide the daily excitement. So, I do intraday trading on another account. Long live Sweet Bobby and other common-man traders trying to keep their families clothed, housed, and fed.
     
    #413     Jul 5, 2020
  4. Are you talking to me or one of the obliterated detractors?
     
    #414     Jul 5, 2020
  5. taowave

    taowave

    Can we apply for the exemption as well??

     
    #415     Jul 5, 2020
  6. destriero

    destriero

    lol plz. Only when you get to level 42 Boss.
     
    #416     Jul 5, 2020
  7. taowave

    taowave

    #417     Jul 5, 2020
    Angelo_60, guru and Atikon like this.
  8. How does Daddy do it? All rise, and behold the beauty of this simple strategy.

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    #418     Jul 5, 2020
    guru likes this.
  9. The secret sauce.

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    #419     Jul 5, 2020
    .sigma likes this.
  10. If you have not developed a spreadsheet or an app to make automate your decisions, you are really missing out! You don't think I just put this together in a weekend now, did you?

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    #420     Jul 5, 2020
    .sigma likes this.