Recent content by trkarl

I've never traded futures option spreads. I haven't traded in a few years and am now trying to slowly get back into generating a steady income if I can. What positions do you have on and when did you put them on? I am trying to train myself not to get emotionally involved in the trades...

Yes I am under water at the moment which is usually the case when the spreads are first put on. If they expire worthless the profit potential is the net credit received for selling the spreads. Where are you getting 900 from?

I sold 10 RUT AUG 1080/1100 spreads today for .54 credit

Take the Harding approach, snip: "The United States, by contrast, allowed its economy to readjust. "In 1920–21," writes Anderson, we took our losses, we readjusted our financial structure, we endured our depression, and in August 1921 we started up again.… The rally in business...

Nikkei is having a pretty decent dip down over 7% :eek:

Any day not up more than half a percent is considered a dip.

Yep. And the worse the economy gets the higher to market goes knowing full well the bubble ben money machine will keep working overtime.

Closed out my trade for a small spanking. Now we can have a nice pull back.

Looks like you called that one well. Gotta laugh watching the rut chart almost every pull back is bought into higher and higher almost every day over and over and over. Now I'm contemplating on closing out a few April 970/980 credit spreads for a small loss. Only three weeks to go though.

There is. It's called your savings to tide you over until you find something better. Oh wait.... I forgot, this is America where savers are fools and he who has the most debt wins.

Technically your account should have been deleted a LONG time ago.

Stock trad3rs other screen names?

Speaking of the S&P... S&P and Gold just crossed :eek:

Fractional reserve banking = leverage is a bitch when it goes in reverse isn't it.

Wasn't Blabby Joseph Cohen calling for S&P 1650 by years end?