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You are wrong about white liberals. We talk about this stuff all the time and wonder how to help people in these environments. I even belong to a club where we read books about it. I wish people on this forum would stop painting everyone and every "group" with a broad brush. It's just...

Still, homicide is one of the top 10 or 12 causes of death in the US. Not the case in most places. But perhaps you are right, it's like the unemployment rate: the average does not mean anything. 1.6 per 100,000 persons per year murdered here in my little privileged world of Bellevue, WA. My...

It's always the same. Control the guns, control the education of women, track everyone and everything. Unfortunately most of these dictators seem to die comfortably in a palace with 1000 pairs of shoes or something instead of swinging from a tree. I could go for more Ceausescus and fewer...

How about if we just stop voting for the fat face-stuffers and get new people elected.

In the US, we need a middle class, at least for now. We are not really an export economy. Although we sell some things overseas, we mostly sell them domestically. If you are rich and have a business, you need the middle class to buy your products (goods or services), so you can only permit...

Also, here is #6 which I forgot: Try to get into the trade under favorable conditions (UL down and volatility up). It is my firm belief that butterflies are only profitable when trades are correctly timed. If you put them on monthly and blindly without regard to these factors, your expected...

I am in agreement with markuzick. You can profit from short straddles in the long term, but you must do certain things: 1. Be prepared for terrible months (including stretches of several terrible months in a row), therefore... 2. Trade small, and buy some wings--so now you have butterflies as...

From one of your colleagues, a few suggestions that helped me: Learning everything about options Using longer time frames (weeks, not days or parts of days) Tactical asset allocation There are a few good ideas here: www.cxoadvisory.com. If you like them and learn to use options, you can...

Yes, sort of like life. We all know we're gonna die, but we just ignore that and keep on dancing.

How about if we just quit spending so much? Our debt is not currently unsustainable. It's just that we keep growing it instead of shrinking it. And we refuse to beef up the AMT or phase out the mortgage deduction at a lower level. I'm not saying those are necessarily the best ideas, but they...

DOOM ok with me (from a trading perspective). Gridlock like the last 30 years OK for trading. At least we know what will happen: nothing.

If you are trading in a retirement account, you may not be allowed to trade spreads on American-style options. Often, the only short options allowed in such accounts (on stocks) are covered calls. Of course, you do not get leverage with a covered call like you do with a spread, and the collar...

Wow, what a set of predictions. Now I understand where you like to travel--out on limbs?? :)

You need a method that can survive an event like October 1987 or October 2008.

Maybe taxes will be easier for them because there is less religious overlay to them than health care.

And I guess I should have added that the "poverty" I experienced in America cannot even be compared to what others have lived through here and especially elsewhere on this planet.

I believe I could be happy at any reasonable level of wealth at which I could pay my bills. I don't really have to live like a pig. But having money brings me an incredible sense of security. Just not having to worry is what I like best. That's much more important to me than a first-class...

danjuma, I'm trying to tell you that no one understands your question without more information. Otherwise I think someone would be answering it.

Sorry, but these questions can't be answered in a vacuum. And obviously, holding a spread is different from holding an option. Take a look at McMillan's book. He discusses many options for handling a trade that is not going your way, and points out the pros and cons among them. What is "pro"...

danjuma, what was your thesis about the underlying when buying? I'm not sure why you want to roll or change the position at all. I am thinking that the reason you bought a put that does not expire until 2018 was because you are expecting INTC to fall by then. So what is the rush?