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back when I had a series 7 and a series 3, I got a glossy brochure from one of those option brokers. It had a picture of a successful well dressed man and his very conservative wife sitting across the desk from their option advisor disussing the suitability of introducing options into their investment portfolio. I called up the company and asked them what the deal was. Their commission for just one option was $1200 ! And this was back when Lind-Waldock was charging $32. I don't know what you are trying to sell shirley, but it aint going over here.
You guys really are a crude bunch. Like a bunch of drunk college guys trying to outdo each other in stupid. Well here's my original post: I believe that giving direct financial advice to individuals on a chat room board is both unethical and illegal. It is one thing to shoot the breeze with fellow knowledgeable investors , but when abviously naive individuals show up with serious financial problems the bullshitters on this board should have enough sense to pass and refer them to a legally qualified individual. I don't believe anyone on this board holds a series 7, series 65 or has a CFA or CFP or any other designation that would qualify him to give financial advice. Even if they did, it would be required to give the person a disclosure to read and sign before giving such advice. That the local gurus blithly ignore these issues and spout off advice from the top of their heads is really, really reprehensible... and could shut this board down. and I stand by it.