Recent content by CrimsonTyde

A speech given in Washington D.C. in 1948 by Congressman Howard Buffett from Nebraska, father of the most successful investor of all times, Warren Buffett. The address was entitled “Human Freedom Rests on Gold Redeemable Money”: “Our finances will never be brought into order until...

Printing Press History Examples of Prior Attempts at Fiat Money Systems 20 BC - Roman Empire - After a highly successful period of empire building, Augustus, ordered mines in Spain and France to be mined 24 hours a day to support his tremendous infrastructure costs. Money was increased faster...

Thanks for clarifying. I hope everything works out. Good luck.

Couple of questions: 1. What are the current volatility figures you're seeing? What caught your attention? 2. What kind of contraction are you expecting? 3. I've never traded straddles, do you prefer short or long or do you let the greeks dictate the strategy? 4. If prices drop...

I'd like to know your thoughts on the proper way to trade volatility. For example, I was taking a look at VXGN and was wondering what would be the best strategy to implement in order to capture an expected rise in volatility? IV is currently around 73 and lets say I expect volatility to...

Much like your wife's behind, all fat and no meat. Put some trades down. You've apparently have a lot to say, show us how a REAL TRADER does it!!! Otherwise, enjoy the diaper. (It's a Huggies speacial, just for you!)

Clearly an expert. Yet you haven't provided any details are help, rather criticism. Please post the trades you're currently holding and explain the greeks. then maybe myself and other readers can get critical of your trades. Seriously. Please enlighten us with some of the current trades...

Whether you feel its a good trade or not is of little interest to me. There's probably several hundred readers implementing such trades as we speak and we could care less whether you feel this is a good trade. With regards to risk vs. reward, I'm only risking 4.65 if I plan on holding no...

I said XAU and I meant HUI. sorry

Ok, take for example a recent position I entered. I felt the XAU was in a consolidation phase and the trend was still bullish. I entered an April Bull Put Spread for a net credit of .35 The strikes used: Sold 10 April 200 Bought 10 April 195 My question is, tell me how (politely...

"Don't mean to sound rude, but how can you trade OTM spreads and condors without knowing the greeks ?? " You know what, you're probably right, and I will go out and purchase the book you've recommended. With regards to the strategies I use, so far I've had close to a 90% success rate...

The greeks are chinese to me! If anyone can help shed some light on the greeks and their affects on options prices and different strategies, it would be greatly appreciated. Generally I trade OTM Credit Spreads and Iron Condors. I'd like to trade verticals, but based on what some of you...