Yes I have bought shares at the market,but I do not possess your mastery of the Elliot Wave and seemingly your expertise in derivatives In all seriousness,the reason I bust your balls on selling puts is due to your self proclaimed greatness in picking direction..If you are dead right,you make very little..Doesnt make sense if you are as good as you are,or a fundamental investor... FWIW,when I traded derivatives at IB's,we covered Tudor... Like you,he is a waver,but would never approach trading in the manner you do. I have said you are pretty good at staying disciplined regarding position size..This appears to be a hiccup for you,and there was a very good reason you were selling 300 plus vol. IMHO,your directional skills are no where near your boasting. If they were,you would take a much different approach ...
Dear MR Taowave *What does Woo Da Fook r U* Does is mean *WOODO FOOK YOUR UNIVERSIAL ACCOUNT* or does it mean *WHO THE FUCK ARE YOU*. If the latter is the case. I would highly recomend you to find the chamber tone, and wash your mouth with soap and water. So you do not insult your mother or people on the forum, that aginst the rules. Dyslexia can be big a handicap. And causes a lot of spelling mistakes. More so if people fell insecure because others correct them. I do not know if that the case, but its OK with me. But your 180 degreds flip flops of aguements in your oneliners, can be heard to understand. You can go after the ball or the goald, or both of them. I am irrelavant. I am just the messerger *a small retail trader*. What is the point of a forum if people not can handle positive criticsm. The hole thread are full of your 180 degreds flip flops of selfcontradictions. Black on White. Best regards I am a huge fan of yours, just thy to be clear
Now it makes sense, you are a small retail trader and don't really understand options ...or risk... In your mind trading the diag and doubling up are the same..
Dear MR Taowave I am glad that the fact that I am an amature clarified something for you. And that your understanding of options is better than mine, after your many years of work at an IB dest. Since I do not lean anything from attacking a guy, that have made a lossing trade, and by the way have a nice car. We are all making lossing trades, but not all of us have nice cars. I had to look after potetial mistakes in the hopefully whise old trader s aguements. You made some selfcontradictions, but in the geater contexst, I can from an interlectual stantpoint, buy that you can ague both for an aginst selling puts in a bio tech stock, at the seem time. So for leaning or entertainment, could MR Taowave then show case how he would have tackled the trade seen from the leens of a pro derivative trader. I have a couple of options striks to hang you up on. It is a bit hypotetical with paper tarding after the facts, but more to hack the brain process of a pro options trader with many years under the the hud. A repair trade would be forward looking. Position size, loss couting, risk, account size hypotetical, debit or credit, capital alocated, repair trade size etc. Do you use EV of the trade, or asume a floor under the stock at cash pr share, or asume a rebound if then what is the calatalyst, would you sell the stock if asigned and when etc. Best regard You little fan
Yes, I mentioned MR Shkreli s videos in my first post. He has 2 video channels and several hours content about SAVA. It is really funny he invites serval back holders of SAVA, they all get emotional and some of them rude. And they do not want to let themself separate from their SAVA wife of a pig with leapstick. Some of the SAVA investors vant free advises from MR Shkreli and he try to save them, but than they blam him his greed. ALL THOSE EMOTIONS
All that matters is the chart to know the probability of another pump. It's basically a blue print. Everything else is irrelevant. This isn't about finding a cure for Alzheimer's...it's about retail piling on in the hopes of getting rich from some break through.