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    Writing Call Options

    I think I got this one almost figured. In this example the QQQ would have to 'end up' above 48.25 and to become a loser up to the 49 strike or a .75 loss - three times the return!! But I'm still not sure how this pans out as the QQQ fluctuates - perhaps to head up toward this zone. It seems...
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    Writing Call Options

    Yeah...it's called "Naked Index Calls = $$$$". I'm sure you've posted to this. Anyway, 13,333 contracts before commissions is what I needed to know. I sortof put it out there on the other thread - but no contributors. What this says to me, is a decent return (20-30%) is possible per...
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    Writing Call Options

    OK. Say I want to profit from a market that has topped or is going sideways...trying to determine if it is about to correct. Let's consider taking all the cash in an account - for example $1M - and diversify amongst 3 indexes. For the sake of argument let's say the QQQ right now would...
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    Writing Call Options

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    Naked Index Calls = $$$$

    So truly...how our these trades doing. Well right now the SPX is about the same. MID is slightly higher. QQQ levels I feel warrant good WOTM trade. Therefore Atticus doing right with WOTM naked put sells and I'm right doing WOTM naked call sells. <i>Atticus 26-Jun-2007:Jul 1400p 6.2...
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    Naked Index Calls = $$$$

    Perhaps at this juncture, increasing our exposure with these WOTM index call sells [we've done the SPX's and we've done the MID's] is in keeping with strategy goals? I say yes...so now do the QQQ's! Remember...we started with a hypothetical $1M account. Got into the SPX's, DJX's and...
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    Naked Index Calls = $$$$

    So today's action from this snapshot was quite mixed and non-committal: Sure many stocks that made my weekly list that were targeted as good buys have/are doing well. Others I acutally went with went enuf down for this manager to cut, but also are doing fine. Then there are those that...
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    Managing Funds for a Living

    This happens to a non-biotech about 2x per year - although the clip doesn't come from what was a very good position (went from 39 purchase ITM to about 45 in a little more than a week) with such a sudden and severe decline for no (yet) apparent reason. It provided a somewhat standard 7.5% DD at...
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    What The F And Where The H Are We?

    ...now now, stoney speaks with substance and is rightly frustrated. Any stock investor knows that understanding market trends is very key since most stocks go by way of it. Best of luck to the daytrader's projects, but we can all feel your pain. It is currently a schizo market about to...
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    New Trade Strategy

    That's truly phenomenal Mins! OVER $225,000 in 1.4 weeks. It looks like your (backtested) starting capital was quite small, too. Is this possible? Ga
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    Naked Index Calls = $$$$

    OK so you can fire Gill now... I've read up (a bit) on spreads and we are in this ballpark: "Bear call option vertical debit/credit spread trading strategy" Find some info on WOTM "bear call spreads", in layman terms with examples and we get somewhere quicker. In the meantime...
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    Naked Index Calls = $$$$

    Looking at the Dow's erratic action, I don't think we have to take yoo much more of THIS. :D PaySense (place your bets...do we go higher or lower from here today,lol?)
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    Naked Index Calls = $$$$

    I'm liking the Midap 400. These stocks go up higher quicker and down farther faster. I also like AUG now since (impending? - I know LoL;() correction wil last more than a month and can gain a bit more from time premium (erosion) You pick the best trade for me. I still gotta go read up on...
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    Naked Index Calls = $$$$

    ...so we wake up to the headline that market to open with a gap lower. OK seems 40-80 points lower on the Dow, gap below support for the S&P 500 and Midcap 400. Lower for the Nasdaq, QQQ, etc. BUT, we want to trade (thus far) in a narrow range and STILL fight back to the highs? VIX/VXN has...
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    Managing Funds for a Living

    Seriously, Flipper you should (lol). Anyway I read a few of your posts a few weeks back. Not sure how the market is for you - most don't really say. GilL
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    Managing Funds for a Living

    OK guys...in all fairness if I am to accomplish the highest possible AVERAGE annual rate with a comparatively MUCH lower risk (day-to-day movement of Fund values in relation to a 50%+ - average - rate). And in keeping without the need for exhaustive research and analysis skills, atticus-type...
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    Managing Funds for a Living

    More nonsense at the other thread (since this market seems BENT on dangling from the cliff)! http://www.elitetrader.com/vb/showthread.php?s=&postid=1512767#post1512767 PayS And what is up with IOC. It WAS a good position...but like a biotech (that stings us about once a year) this thing...
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    Naked Index Calls = $$$$

    I believe it was Cache Landing that mentioned in previous post that to accomplish my "stated" (not actual trades) goals outlined in this forum that - you are right - naked sells won't work due to excessivve margin requirements. I do want to (soon) unfold this strategy at C2 as a way to make...
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    Naked Index Calls = $$$$

    ...spreads (I'm told) reduce margin requirements... SPX (SXMGJ) Jul 1550's @ 4 same amount of contract buys. Point being...profiting off the top with index options. My rule to limit losses to 50% may need to be changed with spreads. I know I said I'd iron out these details by...
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    Naked Index Calls = $$$$

    AHHHHLRIGHTTTT!!!!...someones gotta do it : ...now plummeting to reach new lows - MAN, this market just loves to hang by a thread!! I REALLY think it has to go down from here. I really do. In fact so much so...let's start with the naked SPX call sells. By the end of the day if support is...
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