Recent content by exQQQQseme

Covered call writing is a synthetic uncovered put write. Those alleged people making 5% per week writing covered calls are in deep doo doo if the stock goes down. 4Q

I completely agree with measuring return on investment with the denominator being the net value of the account. You're so correct in pointing out the danger of measuring return based on either risk, or on a trade by trade basis. Great posting immediately above. 4Q

Why do a collar in the first place? Why not do a debit call spread? It's synthetically the same and requires a hell of a lot less cash up front? 4Q

Spindro, you're right. I meant to say "intrinsic". Sorry about that and thanks for correcting. 4Q

Spindro, thanks for your responses. In the interest of time, let me mention just of one of the ways I like to use this synthetic long put. Example: UNDerlying trading at $33. 1. Short 200 shares at $33. 2. Buy to Open: 2 Sep $35C for 40 cents. One week Later: UND trading for $30...

Spindro Says: 1. It's only fun if you make money. 2. You only make money if your timing is right. 3. Adjusting the synthetic is no easier (or harder) than adjusting the natural. They're the same. My responses: 1. I'll leave it up to each person to define "fun" for...

What is your favorite trading strategy which uses options. Mine is a very simple one. I short 200 shares of a stock and buy two current month (7 to 35 days) Calls slightly out of the money. (Premium generally 30 to 50 cents.) This usually results in a beginning net negative delta of...

Gody3, I actually agree with your correction of my posting. Let me say what I was trying to say the first time. When there is an acquisition by Company A of the Stock of Company B., I ask the brokerage company IN WRITING, usually via email. If I don't get a response, I request a second...

In all due respect for those who tried to answer your question. You better check with your broker. Public discussion forums have their purposes. They also have their limiations. Good luck. 4Q

The incentive provisions could actually make this a good deal for everyone: Buyer, Seller, and Customers. If you're interested in seeing the text of the entire announcement look at: http://finance.yahoo.com/news/optionsXpress-Announces-bw-15052316.html?.v=1

In a press release dated April 28, 2009 optionsXpress (NASDAQ stock symbol: OXPS) announced that it was a $20 Million all cash stock purchase. Optionetics is saying that they did the deal in order to be able to provide better services. These are the facts. Who'se facts do you accept...

optionsXpress has recently acquired Optionetics. No doubt for a healthy price. I can't figure out what their purpose was. 4Q

To all those who contributed to this thread I offer sincere thanks. I do understand the synthetics, but you guys express yourselves great. Thanks again. 4Q