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  1. OptionGuru

    Straddles, are they ever profitable?

    You guys are obsessed with the option greeks .... so much so you can't see the forest through the trees. The original question is simple: Straddles, are they every profitable? The answer is simple: Yes they are ... if the underlying moves as you predicted. You guys can now get back to your...
  2. OptionGuru

    Can an undocumented open a brokerage account?

    RE: Can an undocumented open a brokerage account? Savings/checking account: YES Brokerage account: NO :)
  3. OptionGuru

    I just noticed TSLA was immune from the recent market turmoil

    I just noticed TSLA was immune from the recent market turmoil. In fact it's up over $5.00 from Thursday's close. :)
  4. OptionGuru

    The mod deletes postings without informing the poster

    What about AMD, are they a penny stock? :)
  5. OptionGuru

    How do options work?

    Setup an account with TD Ameritrade No account minimum for new accounts (IB has a $10,000 minimum for new accounts). Plenty of opportunity with $100 trades. $100 trades are vastly superior to paper-trading, books, option theory, etc. Real trades behave differently than paper-trades. The...
  6. OptionGuru

    Fridays market meltdown and "Word of Advice" from OptionGuru

    S&P500, Nasdaq100, DJIA futures up almost 1%. :)
  7. OptionGuru

    How do options work?

    Equity options can be bought and sold at any time before expiry. The price of the options will be determined by the underlying. 99% of option traders have no intention of trading the underlying- they will close the trade on or before the expiry date. Place small $100 option trades to learn the...
  8. OptionGuru

    Cross-Margin on interlisted stocks -- common sense, but is it avail to retail customers?

    Why not just trade BMO options on NYSE? I assume there would be more volume and better bid/ask spreads than the TSE options. IMO ..... Different markets should be considered different risks. What about stat holidays? Adverse market conditions while one market is closed due to a stat holiday. :)
  9. OptionGuru

    Fridays market meltdown and "Word of Advice" from OptionGuru

    The market will continue with its downward slide for the remainder of the June. I have never seen the market immediately bounce back after such a meltdown. The market will bounce back but not this week - momentum at this time is clearly DOWN. Good luck with your trading for the coming weeks -...
  10. OptionGuru

    SPY

    Speculative is the term you are looking for. The "lottery ticket" analogy is over used on ET and does not apply to options. Option trading is Speculative. :)
  11. OptionGuru

    Selling put options after brexit

    Selling options is like Bambi meeting Godzilla. :)
  12. OptionGuru

    Jon Najarian's Brexit Options

    What a ridiculous comment. :)
  13. OptionGuru

    Brexit - The aftermath

    PCLN took a pounding...... I regret not buying the weekly PCLN puts and posting the trade live to ET - I would be an ET hero after such a trade. :)
  14. OptionGuru

    Brexit - The aftermath

    Brexit - The Aftermath. Thoughts? Regrets? Another ET Brexit thread? Why? :)
  15. OptionGuru

    COST

    COST held up very well during todays market turmoil. :)
  16. OptionGuru

    Jon Najarian's Brexit Options

    Long puts would obviously have been a better trade. FXB July 15, 2016 143.00 put up about 3.6x from $2.60 to $9.50. :)
  17. OptionGuru

    Critique my Brexit option play

    Hindsight is always 20/20. :)
  18. OptionGuru

    The ACD Method

    Free fall has stopped, and reversed slightly. Less than -2% No vote the markets will rebound. Yes vote the sell-off will continue. :)
  19. OptionGuru

    The ACD Method

    Futures (S&P500, DJIA, Nasdaq100) Down 1%+ EDIT: And still declining EDIT: Getting close to -2% EDIT: I figure tomorrow will be one of the biggest down days in a year on the US markets. :)
  20. OptionGuru

    Release of margin when?

    The next business day. :)
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