You're a moron, riffraff. I told you what's going to happen to that trade, the call that was purchased will expire worthless and the only part of the trade that will be profitable is the call sale. You're pissing me off because you are a moron. If you'd like to learn more about options, please refer to the CFA Curriculum Derivatives Section, which I did score greater than 70% on SO I KNOW WHAT THE FUCK I'M TALKING ABOUT AND YOU, SIR, ARE COMPLETELY CLUELESS.
You must have not done very well on the ethics portion, since holding out your score on 70% as some sort of proof of your knowledge sounds to me like a direct violation of Section VII (B): "reference to CFA institute, the CFA designation, and the CFA Program. When referring to CFA Institute, CFA Institute membership, the CFA designation, or candidacy in the CFA Program, Members and Candidates must not misrepresent or exaggerate the meaning or implications of membership in CFA Institute, holding the CFA designation, or candidacy in the CFA program" I actually recall an example problem that specifically addressed using the passing rate an indication... Don't worry, I won't report you. I don't care enough.
Lol BWego got your panties in a wad eh? Here's a fact- u have no idea what I know. I on the other hand- have a very good idea what u do and dont know about options-- simply from help on your part of opening up your egotistical trap on talking about a subject that clearly is over your head-- it is represented within the entire context of your response... Did i say you were wrong on everything? Of course not u fragile shell of a mental case lol.... but u made an irresponsible and grave error on your assessment in one area... Plain as day and u have no clue what it is do u??? Heaven help anyone u dare advise on what to do with real money in an option account.
Haha - he doesn't even know what he knows - since he's actually actively violating the ethics standards of the same CFA institute whose level i exam he likes to quote so much as proof of his brilliance.
I wouldn't hold that against him-I believe it's merely a symptom of a narcissistic bahavioral health condition - of which BWego certainly displays many symptoms...
Of course you are right; The only reason why I bother pointing out the fact that, it's my opinion, he's in active violation of the ethics standards of his beloved CFA institute is for the general public who aren't really aware of the CFA: not all charterholders make the same outlandish claim of its usefulness as this strange fella.
Eh whatevs. Obviously never been laid, quite possibly never made a trade either. For real, in both cases.
bwolinsky, Make your trade with real money. I don't care about backtesting or paper trading. Get in the ring. let us know how it works out for you.