Why isn't everybody selling options?

Discussion in 'Options' started by jr07, May 12, 2010.

  1. my point is...'ya aint gonna live off that measly profit from dat trade'...
     
    #51     May 13, 2010
  2. bone

    bone

    Because being short gamma can leave a very big mark.
     
    #52     May 13, 2010
  3. Have you ever had a point? $2,000 requirement, $3,000 payoff at 520. 150% potential at 520/share, you idiot. My 12yo niece could solve for that based-upon what was given.

    I know you're young and gifted (1970s usage), but please stop pissing in this sandbox.
     
    #53     May 13, 2010


  4. OK, my inference was on modality. That your otm fly goes negative to gamma approaching neutrality on spot. You started you don't short gamma, which I took to mean at inception, so you're off the hook. :D
     
    #54     May 13, 2010
  5. I think I see your point... At any rate, I am obviously a liar, since I have done nasty things like ladders, but I claim temporary insanity :).
     
    #55     May 13, 2010
  6. Yeah, also guilty and still wonder why I didn't simply pay for the garbage.
     
    #56     May 13, 2010
  7. bone

    bone

    Atticus, FYI my guys saw a buy to cover signal at 0700 this am on the front crude calendar. I am also advising them to move over to CL N-Q because models are shit when commercials are rolling strips.
     
    #57     May 13, 2010
  8. Yeah, it is small. June/July hit 500. Are you referring to Brent/WTI? I'm not in that.
     
    #58     May 13, 2010
  9. ya'll need to be thinking more of selling/writing naked options...that is where the HUGE cash is
     
    #59     May 13, 2010
  10. I am not entirely convinced you're human.
     
    #60     May 13, 2010