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  1. L

    900 lb man carried out by forklift

    Prader-Willi Syndrome is an AWFUL disorder. Doesn't matter what kind of food or drink... just gimme more... anytime... all the time... the hell with other things. A second part of this insideous syndrome is that calories are burned off at a tremendously reduced rate as well. The one two-punch...
  2. L

    lost beginner

    Thanks Coach, I found the newer one readily on Cottle's web site. His older stuff carries some pretty hefty price tags for folks looking to sell 'em. $180 -$260 is the price range I found... which explains why I haven't purchased one yet. $90 is still significant for a book but if I...
  3. L

    Living and trading in Mexico

    To the original poster - it is not my intent to hijack your thread but this feedback is very helpful and valuable to me. Thanks for understanding. Hi Joemiami, I am sorry to hear about your uncle, Joe. I hope he was returned with out damage. Real world opinion... thanks very much...
  4. L

    lost beginner

    I've been trying to get a copy of Cottle's "Options: Perception and Deception Position Dissection, Risk Analysis, and Defensive Trading Strategies (Hardcover, 1996)" for a couple of months now. It is out of print. Ajna, do you have a copy you want to sell? Thanks, Lar
  5. L

    lost beginner

    Start free here: http://www.numa.com/derivs/ref/os-guide/os-0.htm then the books "Options as a Stratigic Investment" next "LEAPS" by the late Harrison Roth next "Trading Options to Win" by Johnston next "Option Volatility and Pricing" by Natenberg next You should be able...
  6. L

    Living and trading in Mexico

    In Lar's "Zen and the art of Excellent Pussy Maintenence" I once wrote the following - Letting Excellent Pussy cloud one's judgement is almost always the right thing to do. Hi Saxton22, Thanks for the realtime experience man. I'll take your head's up to heart. Still, sounds like...
  7. L

    The Dementia of Rich Guys that Marry Pigs

    Never was that more evident than with: John Lennon and Yoko Ono. Ono must have some kind of mojo!
  8. L

    adding an average down aspect to my strategy

    Defensive rolling up or down is a form of averaging down. Also, I find it impossible to enter the trade at the absolute best price. Trading in rungs seems to help this. Both seem to be a form of averaging down. Just like everything else is trading... managing the position, anticipating...
  9. L

    Living and trading in Mexico

    I've been doing preliminary research about relocating to Medellin, Columbia. It was one of the most dangerous countries in the world during Pablo Escabar's reign of terror but he died in 1993. The consulate barred americans from going there but the ban was lifted in 2005. Beautiful women...
  10. L

    Jokes 2

    > Earl and Bubba, two good ole boys from Dixie > are quietly sitting in a boat fishing, chewing and > drinking beer when suddenly Bubba says, > > "I think I'm going to divorce my wife - she hasn't spoke to me in over 2 months." > > Earl spits, sips his beer and says, > "You better think...
  11. L

    ROLL an option

    Hi Gnome, You are basically right... only thing is I usually don't leg into the new position like that suggests. Usually a roll is done as a spread order. Peace and gtty, Lar
  12. L

    Why risk:reward ration 2:1?

    R:R ratio is only one part of a whole system. Some need a higher R:R ratio, others can thrive with a much lower R:R ratio. If you make the assumption that your win rate will be random (around 50%) then 2:1 just about breaks even - excepting contest costs and vig - which is why I think that...
  13. L

    ROLL an option

    I never heard it put that way before MTE but for crying out loud it sure fits. lol
  14. L

    ROLL an option

    You're Welcome Tom631, The other use for rolling that I am aware of is rolling forward. That allows the trader the ability to stay in the market when his/her current contract is due to expire. Long U and U is due to expire soon, sell the U to offset and buy the V or X or Z or whatever as...
  15. L

    2 Large Investors cut Countrywide stakes

    Just this week CountryWide put a brand new sign on a beautiful brand new building. I find that odd in light of cutbacks and divestitures of the magnitude I am hearing.
  16. L

    Roll over time

    What is fair value for the spread between sept es and dez es? That is the question. The answers were quite clear and specific regarding how wide was fair. You get jazzed because you have a tendency to act like you know it all so some get fun at poking you with a stick when you ask such a...
  17. L

    ROLL an option

    Generally options are rolled either up (for calls) or out. Puts are rolled either down or out. I roll as a defensive measure. If I am short a 100 strike U call and the market has moved adversely, I might roll up by buying back the short 100 and maybe writing two 110 U calls. This increases...
  18. L

    It's Britney, Bitch...

    Ok, yep, uh huh... the hippo image is starting to take focus. lol
  19. L

    It's Britney, Bitch...

    analog vs digital: I miss the richer tones analog recordings give. It really brings out the heart of those old school talents. I saw John Lee Hooker live in Davis California 25 years back. No way digital could give his voice justice.
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