Recent content by dreamer

Actually, when I play poker, nobody sees my cards unless they pay to do so. If they wish to show me theirs, so be it.

ET, I think you misunderstood my post. I asked, "How many of you have an edge in trading methodology that you keep to yourself, knowing that if you divulge it, the edge may cease to exist? How many of you are willing to divulge that trading edge you think you have to the rest of us?"...

Sorry, metooxx, meant the underlying, not the put. Kind of late for me here.

I would like to know the value of your success, Maverick, in utilizing speed, volume and execution. What results have you generated?

When the puts go to 100 in your example, the puts I sold will be almost worthless. That I like. You really need to stop and think about what you are saying, Rosa.

This was fun for a while, but with so many rude posts, I will pass. An exchange of ideas and a few challenges are one thing, but when people post concepts they do not understand, it gets ugly and I don't need that.

I would never presume to be smarter than anyone else, would you? I also try not to be rude unless provoked. You provoke me, so I will choose to ignore you.

Laughs.....shrugs

You don't see any correlation between the time premium earned and the margin required to put the position on and the costs in protecting the position in the event the market turns against you?

You haven't done your homework, rosa. For example, the quote on the S&P 900 call is 26.30/27.50 and the put is 26.10/28.00. For simplicity and discussion purposes, let's say it is 27 on either, that's in the middle. Selling an option for 27 when the underlying is 900 gives a return of 3%...

Why would I trade in the S&P options when I can get double and triple the return on other symbols? That is not logical to me.

Actually, the 10 day moving average is neutral, the 30 day MA is up and the 100 day MA is down. Therefore, today, there is no current trend, up or down. As I said before, I don't trade the S&P options as they offer an inferior return. I can get double or triple the return on other symbols.

The time decay accelerates as the option nears expiration.

Speaking for myself, I wouldn't put on the trade on the S&P because the return is inferior and the futures are so volitile. Having said that, if I were to consider the trade, I would go with the current trend. Short puts if up and short calls if down.

How many of you have an edge in trading methodology that you keep to yourself, knowing that if you divulge it, the edge may cease to exist? How many of you are willing to divulge that trading edge you think you have to the rest of us? I invite all of you that think you have an edge in...