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    Beginner in selling Bull Put Spread

    I venture you lost all your profits from those high risk trades and now in the negative? You should cut your losses now an not try to fight against the loss by trying to roll your way out of it etc.. You were taking too much risk for small amount of profits. This is the danger of years of low...
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    Option Pit

    What exactly are you trying to get by paying someone to teach you? Some kind of special edge that only the class can provide? All the free education provided by the industry is plenty, have you been to the optionseducation site? They are have teachers providing education via videos/podcasts and...
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    Option Assignment Fee is per contract ?

    ?? When I get assigned I only pay the one time fee regardless of how many contracts. I use Etrade and TD Ameritrade and both only charge one fee. (I use 2 to stay under SIPC limits) I have gotten early assignment and not charged any extra on TD or Etrade as well.
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    Option Pit

    Dont pay for courses. all my education came from optionseducation free website and they have a shit load of podcasts. and a few books I read (options pricing and volatility by natenburg etc) and lots of practice over the years. You dont need to pay anyone to learn options. Going around...
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    I made a 450% Return on my investment thanks to this crash today!

    After the fact trade, what the heck is an after the fact trade. Looks like that individual is butthurt. Probably blew out his account during these trading days. or only has a few thousand dollars to trade. LOL
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    I made a 450% Return on my investment thanks to this crash today!

    Well I sold short these high priced Options, love the inflated prices on options. 2 days of life left. Sold short the 02/12/2018 10:21:34 10 SPY Feb 14 2018 260.5 Put @ 1.92 02/12/2018 12:22:06 and bought them to close Bought 10 SPY Feb 14 2018 260.5 Put @ 0.81 Did not want to be too exposed...
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    whew, what a week...

    I hope we get more of the same next week.
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    Hearing the VIX products carnage crushed some Prop Firms

    I have no issues with the markets as they are. I think they are so much better, we have great trading platforms, super low commissions and powerful computers. No need to mess with the floor and have to fight traffic, crowds and stand on your feet for hours. You can do all of this from your home...
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    This firm invited me to an expensive steak dinner, not impressed with Firm.

    They want my business. Not sure where they got my info. I do not even fall under their demographics. Why would I want to hand over my hard earned capital to some guy with barely 2 years experience and has never managed even 100K (according to SEC filing). They are trying to sell themselves is...
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    This firm invited me to an expensive steak dinner, not impressed with Firm.

    LOL Only 1 Guy in the whole firm has a Series 7 and 66 and only has 2 years experience. Did some background due diligence. They seem to be some flyby night outfit trying to parlay some TV news interviews as big experience in the markets. Fancy website but devoid of any meaningful content...
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    How much one can earn daily in intraday trading?

    Position sizing and leverage are what kills tons of these fresh out of the boat daytraders. They see PDT Daytrade margin and go and use it all up. All it takes is a small change in the wrong direction and your wiped out. Even my daytrades are primarily Tiny trades. Yes I have a record of making...
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    how does vix futures buying cause real market volatility?

    The good times are back. :)
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    I made a 450% Return on my investment thanks to this crash today!

    I bought in the morning the Feb 16 2018 206.0 Put @ 0.17 and sold them back to close for 51 cents :) These insane swings reminds me of the old days. I will post the Gain/loss saturday when it posts. Gave me a little extra pep in my portfolio. :) These little test trades are actually adding up...
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    Which were some brokers with technical problems during this week of market chaos with high volume?

    No issues here. I was actually trading on my phone LOL :) Both Etrade and TD worked fine.
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    How is an XIV lawsuit even possible?

    Yeah like a PDT rule but restrict them to SPY,QQQ,IWM and not allowed to short either or trade options,forex or futures. And in order to trade outside of that you have to have a minimum of 150K trading capital and pass a basic test as well to unlock the full stock market. But you have to show...
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    LJM Preservation and Growth Fund, collapsed by 82 percent! (WTF?)

    LOL Wow so many trophies. I bet the sucked in a lot of investors to go into that fund by showing them all these rewards they won. Well they were right, they did not take a 67% hit they broke new records with this 82% hit! :)
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    LJM Preservation and Growth Fund, collapsed by 82 percent! (WTF?)

    A Mutual fund of all things! and the name "LJM Preservation and Growth Fund" Makes it sound like Capital preservation is part of the plan with some growth thrown into the mix. All these jokers did at LJM Partners did was take in investor money and bet all on black and they did not even bother...
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    DTCC Floats 'T+1 1/2'

    Because of all those share certificates that need to be shuttled back and forth via messengers to all the different backroom cages to get stamped/signed ownership transfers. Lots of shit goes on behind the scenes.
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    I woke up this morning and I had a free boat in my yard :)

    Nothing, it was just the hull no motor,electronics nothing just the fiberglass hull. No info on it like serial number or boat registration/tag label.
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    Florida Man Who Raised $100 Million To Short The VIX Likely Returning To Old Job At Target

    Its not designed to fail. Its an Intraday product. Your supposed to close out your position before the end of the trading bell. Its like those leveraged funds that trade the S&P,Dow,QQQ components. I myself did not trade it since I do not like ETNs and those funky products. I prefer to keep it...
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