Want to make 1k / month on 100k, selling options.

Discussion in 'Options' started by Tomaz26, Feb 26, 2018.

  1. #31     Feb 26, 2018
  2. Making 14% a year on options is a pedestrian task...I'm pretty sure a monkey with position sizing software could do it. Keeping those gains in a fully compounded account when it hits the fan is the difficult part. Black swans swim along a lot more than their name implies when you're constantly exposed to the market's machinations. And the problem is, when these positions go bad on you, they do so I the worst possible way. You get hit with the delta move at a time when volatility is rocketing away from you and liquidity dries up while all those people you wrote the contract to decide to hunker down and weather the storm under your protection. If you're lucky in that instance, the call comes from the margin desk; for the unlucky it comes from a debt collector.
    #32     Feb 26, 2018
    Tomaz26 and lindq like this.
  3. rtw


    very interesting post, i will send you a couple of links by private message.
    #33     Feb 26, 2018
  4. Tomaz26


    Exactly.. That is what I wrote few posts earlier. It is not hard to do it, but you would have to keep portfolio size fixed. So that if disaster strikes after a few years, you still keep gains from previous years.. But then again you miss on all the compounded gains and get behind after 30 years.. :)
    #34     Feb 27, 2018
  5. Tomaz26


    Let me guess, offers for newsletter? :)
    #35     Feb 27, 2018
  6. ironchef


    OK, where can I find that monkey?:D
    #36     Feb 27, 2018
  7. it would be useful if the "play" and "fire" parts are/were identified.
    #37     Feb 27, 2018
  8. :)
    #38     Feb 27, 2018
  9. Try the Zoo;
    Observe both the animals, and humans o_O, :confused:
    #39     Feb 27, 2018
  10. He's free with the software. Fair warning though, he throws stuff when the black swans swim along...brings a dark and very literal meaning to the "hit the fan" idiom. :cool:
    #40     Feb 27, 2018