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    SPX Credit Spread Trader

    Not if she is selling for premium and you expire in the money so to speak :D TS
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    Housing Rolling Along 2

    All I know is every time I drive down to Miami I see construction cranes and high rises and the building is continuing. It must be maddening to be trying to sell 10 years worth of inventory with no buyers and with developers still committed to building already started projects. I know there is a...
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    SPX Credit Spread Trader

    Rallly, sorry I am not selling an option on satisfaction so I don't owe a debt for no received premium nor can be freely assigned. There is a fundamental principal hiding here within the structure of this reply. :) To get an empirical hint why not just look at the percentage of losers and...
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    SPX Credit Spread Trader

    Agree with mark - the underlying option price structure/equation favors by a factor of 80% the seller. You need a rapid underlying directional movement as well as a 1.5-2 sigma change in price to make money on the buying side. TS
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    Housing Rolling Along 2

    Hey Copernicus - good info. I think the worm has turned for single family real estate. Up a bit further north from you in east central FL we are getting a pretty good demand for middle class homes - basic ranch home with a yard maybe a pool near good schools. Anything in the $200K range is...
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    Magic Money Management Formula

    I am interested in all of this but don't have the time to commit to a long discussion. There is a lot of math involved too that a lot of people much smarter than I have already veted out. I think I may experiment with an anti-martingale approach and just increase by positions sizes after each...
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    SPX Credit Spread Trader

    That's pretty gutsy given the strength to the upside. Do you plan to hold to expiration or close on the first dip down at whatever debit you can get out at? TS
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    SPX Credit Spread Trader

    I am so angry at myself. I started closing down the upside spreads last week. I got out of the 1430/1420 in one account at a debit of .1 but my other account did not execute the same but larger order. I have been trying to get out all week and the debit just keeps increasing - at last check...
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    SPX Credit Spread Trader

    Amazing - we were playing the same spread I think. Are you using an advisory service? TS
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    SPX Credit Spread Trader

    Now that you put up the objective data and taken the subjectivity out of it you make a darn good point. My problem was I only enter the SPX at the tail end of the prior month of the current options period and my VIX numbers span two calendar months. From my perspective we had over a 60 point...
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    reveal your strategy?

    But what if money management was very simple and integrated loss avoidance and investment gain in one motion? Say for example somone just bought FDIC insured CD's at 5.1% or put 100% of cash into MoneyMarket at current rates approaching 5%? This is only a slow bleeding death when compared to...
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    reveal your strategy?

    From a perfect self interest or selfish perspective there is zero return on investment in time to give free advise to someone and all the risk of alienation and condemnation if somone botches the advise or it fails to the loss of those that listened. Unless one is trying to actively develop a...
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    canadian income trusts to be taxed

    One further comment. The timing on the trust bust was just too amazingly funny. Does Canada celebrate or have a "halloween" or "all hallows night" on the last eve of Oct?. With the crash on Nov 1 in trusts I'd say there is something very spooky about Canadian Government or Jim Flaherty and...
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    canadian income trusts to be taxed

    Indeed - a lot of this is a typical scared "conservative" investor response. Income investors above all else want stability and any change to the status quo that is immediate or pending in the future is itself considered disruptive and negative to future cash flow and therefor the net present...
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    This Rally is Rigged?

    Not so much a sellout as a sector rotation. This was a DIRECT result of Helicopter Ben targeting the global markets and going after the sizzling hot commodity markets. This probably WAS by definition contrived or manipulated for the perceived benefit of the US Gov. Basically Bernanke was shaking...
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    This Rally is Rigged?

    It should be obvious that the money is coming from: 1) Sidelined cash that had committed to a bull market that is very predictable post mid term election cycle 2) Foreign money escaping uncertainty and trouble on the other side of the pond and going to the only safe place on the planet with a...
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    This Rally is Rigged?

    Perhaps a newbie here to over credit subscribers lol. :D The only forensics I need are to just follow the stink to find the dead bears that tried to stand in the way of this bull herd. The only money I lost was credit spreads to the upside that got pulverized by the bull stampede - and even...
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    This Rally is Rigged?

    I got to item #2 and just had to stop reading any further. Your Item #2 editorializing shows your complete lack of judgment and sense of reality about the global situation. Sorry but I expect this kind of kiddie analysis from the tin foil hat crowd not from ET people. TS [edit] p.s...
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    canadian income trusts to be taxed

    The trusts are up today pretty good. I spot checked a few and I see another +5% here and there. LOL - now I wish I had bought a ton more discounted trusts as the dead cat bounce is starting to look strong and like its very much alive and has a few more lives in it yet... If you don't have...
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    Housing Rolling Along 2

    Having been on both sides of this situation I can comment in a fairly neutral way. I am now a broker/realtor since that was the best way for me to get the best deals as an investor and access to minute by minute information. It all became "work" after I got a following of other investors who...
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