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Your missing the OP's complete and utter lack of understanding of option basics..Read his earlier threads...He enjoys making absurd posts

My bad,when you said OTM,I was thinking 5% or more OTM..Appreciate it

When you say a fraction,are you talking a discount greater than 25%? And the Vert and the fly are the same strikes(ignoring the long wing)?

Thats pretty impressive.... You've got to be a pretty good fundamental/ technical guy to cash in on Single legs

When,where..and HOW :)

He got his higher clients out at your expense?? Dude ,you are long 6 shares.. hard time believing he called 6 private clients and threw each one a 1 share bone of MMM

Why NO?? Does it have anything to do with his stumbling and fumbling calculating a 1 SD move?? Check his math... Clown show

Edge "ON" the market?? Never heard that term before.. If you believe you can have an edge over some other trader, than you can certainly have an edge "on" the market. Think about it,what is the market? What is it made made of ??

Lol,Im a retail guy... What I am not is a directional trader.. If a directional trader consistently doubles the return of the S&P with less volatility, wouldn't you say that trader has some sort of edge??

Ok,Mr Scap... You claim there are no edges,and I claim not only do they exist,but I have/had one... I will be the first to admit that the edge I have is not nearly as profitable as it was the last 2 years.Simply put,edges dont last forever,and in my 30 years of trading that is tried and true...

Scat, what on earth are you talking about??? Stay in your lane bro,or at least preface your statement with," for the average retail trader there is no edge",or a handful of guys have "edge"..

Edges most certainly exist,but from my experience don't hang around for long...

Typically a 1 x 2 or 1 x 3 ,Long 1 short 3..I should have said max reward as in difference between strikes plus credit/debit..Fixed was a poor choice of words..

I do ratios,but there is only a fixed reward,so the risk is much fuzzier ,and not in a warm and fuzzy way :) The other trades are much cleaner as to risking X to make Y...

IMHO,there is no one correct method of trading. There are some universal truths,but that would apply to size/leverage and playing great D. Sure, there are others,but when I look back at the absolutely dumbest.most painful things I have done,the above immediately comes to mind. I do agree that...

I have the exact opposite problem as you fine folk

Lol!!!!

What edge do you think you are getting on individual names,and what type of vol trader are you?

More solid GOLD!!! Love #4 and #9 Im going to do my best to get out of bed and off ET :)

This post will go into the Elite Trader Hall of Fame Its an All Time Great #1 and #7 are pure gold