Writing options for a living

Discussion in 'Options' started by torontoman, Jul 28, 2005.

  1. The chances that you make money selling those calls is higher than buying, but the expected return can be expected to be same.

    Chances that you make money selling premuim is greater, but the times that you lose you will lose more on average than the times you win (unlimited downside to premuim selling calls).
     
    #991     Jan 3, 2008
  2. taowave

    taowave

    Lets add 1 condition...

    In either position,if the option doubles you liquidate...
     
    #992     Jan 3, 2008
  3. no change
     
    #993     Jan 3, 2008
  4. Jaques

    Jaques

    I think writing naked option requires a very strong back-testing skill and a LLC to prevent any shit happens.

    But is there any broker allows people to open a LLC to trade naked option with just only 10k deposit?
     
    #994     Jan 6, 2008
  5. Just a quick piece of advice. If you want to pick someone to troll regarding options, it may be better to pick someone that can't hand you your head on a platter re: options theory even if you ran into him in a hospital emergency room after he suffered a 3rd degree concussion while piss drunk on tequila.

    Disclaimer: I do not know atticus and have never had any sort of exchange with him, here or anywhere else.

    Just a bit of friendly advice.
     
    #995     Jan 6, 2008
  6. hattryx

    hattryx

     
    #996     Feb 21, 2008
  7. u21c3f6

    u21c3f6

    Bump.

    Joe.
     
    #997     May 30, 2008
  8. Yes ???

    pssss , Joe ( just don’t tell it to anyone)…we are all broke now…the “income generated strategy” was just a myth.
    I was trying to summarize this thread for future newbies and came up with a short version :

    Theta = illusion

    All , feel free to add
     
    #998     May 30, 2008
  9. Maverick74

    Maverick74

    I have one word, plastics....
     
    #999     May 30, 2008
  10. ok iv...i am coming your way ever so slightly.
     
    #1000     May 30, 2008