Search results

  1. Z

    What's the real inflation rate?

    Kin, hear you loud and clear, what the fed qualifies in it's inflation figures is an absolute joke. I would guess inflation since 2000 at least 5% per annum and the last couple higher due to higher commodity costs. It would be interesting to get a true inflation figure, go tell the average Joe...
  2. Z

    SPX Credit Spread Trader

    Agreed! Save your $$ Cody, all that you mentioned in your list can be had for free on the internet. Here's a few free links you might find useful: http://www.optionsrez.com/ http://www.hoadley.net/options/calculators.htm http://optionstrategist.com/free/index.html...
  3. Z

    GM - how long before bankruptcy?

    I am sure the technology is out there that cars could run on alt fuels (maybe piss I don't know). I think you have some of that right, it is all based on capitalism, exactly, now think who loses out if alt fuel really kicks into the mainstream and oil/gas consumption is cut in 1/2 or 1/4 or...
  4. Z

    SPX Credit Spread Trader

    Do you mean 1130/1145 bull put spread? If you have a bear put spread that means you are long the spread (not short).
  5. Z

    The turtles. Are they real?

    "too busy relaxing" there's an oxymoron if I ever heard one. :p
  6. Z

    SPX Credit Spread Trader

    That is a very good credit especially at those strikes this late in the cycle, nice! I just sold the SPX 1155/45 Put spread for $.50 I had a limit order of $.40 but the SPX dipped to 1214 and I got filled at the higher credit (always nice when that happens).
  7. Z

    SPX Credit Spread Trader

    Phil, It seems the market is back to a trading range yet again. Do you think this is a good enviornment to look at IC's again to get extra credits? Jeff.
  8. Z

    SPX Credit Spread Trader

    Ozzy, don't know where those comments are coming from?? I am not an alias of Optioncoach and have been here at ET for a couple years. If you took the time to read the journal postings before commenting maybe you would be better informed. I have been here from the beginning of this journal and...
  9. Z

    Traders having ADD?

    I agree with that...for me I take a General Multivit designed for Men, Ginko Biloba (90mg/day) and stress formula vitB complex. Also, I make sure to drink at least one cup of Green Tea per day. I find with the Ginko especially, when I have been on it for a while my thought process seems to be...
  10. Z

    Venezuela threatens anew to turn off oil spigot to US

    American Government on all levels grows at an average annual rate of 2% per year on average. That annual number has probably been higher since 9/11. Look at the invention of the Homeland Security, complete new department of the Federal Govt created out of thin air with zero input (or outrage)...
  11. Z

    Sentiment Poll!! Where Next Bull/Bear

    Just looking at how the indexes finished today in light of $65+ Crude speaks volumes. If ever there was a time for the markets to dump today very easily could have been it...didn't happen.
  12. Z

    US Equity Markets will not go down

    Looking at the markets today has really turned my opinion. I was thinking today would be an ugly day. Today in light of $65.50+ oil the markets are still positive! I think that fact alone speaks volumes of the market sentiment today. Oil looks like it due for a cooling off and when it does...
  13. Z

    Living on a boat and avoiding taxes

    Why not just get an IBC (Internet Business Corp) domiciled in a friendly tax environment (most places in El Caribe) open and run your trading account through that. It all can be done 'virtually' you don't have to physically be there. You can have everything setup offshore, IBC in the...
  14. Z

    SPX Credit Spread Trader

    I like that motto, sounds like a good title for a book. I held off on the new bull put spread until today. I was looking for the markets to retrace a bit and thankfully they did. I wrote the 1200/1185 AUG bps for $.70 although I just seen the spread hit a high of $1.00! Although I am happy...
  15. Z

    Writing options for a living

    No, my bad, read your post quick and seen you put naked writing. Does he alude to any type of track record and does he mention in his book about doing this in his own account?
  16. Z

    Writing options for a living

    What type of risk management plan does he have (if any)?
  17. Z

    SPX Credit Spread Trader

    Hey Phil, I had open the AUG 1180/1165 bull put spread for a credit of $.80 I decided to book some profits in light of the bump up today and closed it today for $.25 profit of $.55 Now I would like to re enter my bull put spread at the 1205/1190 strikes for about $.75 credit. Also, I...
  18. Z

    Writing options for a living

    Finally, I think the above comment puts this whole discussion back in context. Going back to initial question of can you or can't you. By making adjustments to positions (I'll use credit spreads/IC's as an example) I think your odds for success are increased substantially. Using an IC as an...
  19. Z

    Options-Intelligence???

    Hey, you just have to look at it and ask yourself. IF these guys are bringing in those type of returns why would they need to peddle it on the internet? Especially for a $999 fee upfront?!? I know the argument some say and that is to supplement for bad months, but looking at their triple...
  20. Z

    Options-Intelligence???

    All for just $999, Wow!! How can they afford to give away their precious info that cheap??? Who needs a guarantee these guys are gold, where do I put my ccard #?? Im blinded by the enormous wealth these pro picks are going to put in my account!!! I can't wait to the market open tomorrow so...
Back
Top