Recent content by Mark Anthony

Muthiah.... ...hey, it's good to be feaful when selling option premium.....the short premium guys are the one who blow out........you can lose money holding premium, but at least you take blow out risk off the table. I like the --" this underlying I have studied never moves 2 standard...

NoDoji... lol ! ....very funny. I too have been stratching my head over a lot of things. Your comment also points out that, let's say a message from the heavens tell you exactly whaty the earings for a company will be -- you now KNOW that earnings will be X ......but hey, will there be a...

...only problem is that collecting those 25 cent premiums ...will work and work and work...until the one day it doesn't and you lose everything you made and a LOT more. RE: gavitation toward a stike at expiration --- well a large factor will be holders of premium who are gamma scalping. As...

IMO.....the shorts have the intellectual high ground. BUT....the longs are the ones making the money. I'll be playing from the long side, but I have my finger hovering over my "sell" key. I have my short list of bear items at the ready. I think it will be ugly....but hey, I've been...

cnbc shows a very tight shot for a good reason--for metals or energy in new york --....because there are very few people actually there anymore. A wide shot would show this and look bad. Live from the futures pits would have been a good idea--like years ago when Bartiromo was always getting...

any options model you care to use will not give you accurate pricing on far out of the money options. ( Taleb, Mandelbrot..even Wilmott) ...100 year floods.....black swans....whatever you want to call it, happens with alarming regularity. my motto is simply: never sell the wings. Maybe...

Hey, I have had options 2-3 cents OUT of the money exercised on me. I think I'm flat and then come Monday I find I have a position. This once happened on a good scale when I was pit trading...me and other locals found ourselves long on monday. It was not pretty as we all tried to get out.

for the deeps you can also just put in an order 5 ticks over the underlying ( assuming the put is around 5 ticks). This will be better than mid-market and market makers will probably fill you as they get the carry. And again even if you paid 10 ticks over the underlying, it is probably...

I agree with AZD.....most of the time I would just cover options that I've sold. I've paid 5 tics for out of the money options with 15 min to go on expiration Friday--- just never want that jack in the box to jump out and bite me. Note: also lets say an option is 20 cents out of the money- you...