Search results

bwolinksy is right. they eventually go to zero.

Yes and no. I mean I agree like I said previously i prefer to do verticals but the OP seems to be comfortable with the covered call play. But yes though you'd have to pay the premium instead of receive you risk much less than you would by doing a covered call strategy. In my first response I...

Oh gotcha. Sometimes online it's hard to tell ones motive haha and on ET of course. But I mean I personally don't use covered calls a ton. I do on occasion but everyone prefers different strategies which work for them. I prefer vertical spreads though, but that's just me different things work...

I'm not saying this is the only way or saying there's only one way to do things. Only stating to the OP a slight alternative to his strategy. You would only get nailed with the put and call if someone exercised early. In that case you could buy back the short call as its premium would go down if...

I may be wrong, and it's not the same strategy that you are implementing, BUT, you could buy the security at, lets say 76, sell the call at 77 and purchase a put at 75. The premium from the call would be lost in the purchase for the put, (and then some possibly) but if the call and put are...

hahah. exactly. there were literally tons of ways to find out why this stock was up. tons. I knew the answer when i read it because i'd heard it about twelve times. CNBC brings it up every 3 minutes. type PARL into ANY, i repeat ANY thing that provides news on stocks ex: google finance...

1. take 1 second of your life. 2. go to www.google.com 3. ask why parlux is up so much today 4. find a link and read an article. 5. answer.

I heard the downgrade wasn't real? That S&P in fact actually did not downgrade GS. Anywho GS has been trading in an awesome range, bottoming around 88 to around a little over a hundred. About a month ago bought in upper 80's and sold out too early around 95 :/ but second time around (right...

What are you talking about?? 100+ point swings each day are great for day traders. Up or down we don't care money to be made on either side. Id say good luck to the investors just starting up. They'll be the ones that really are struggling in the times to come.

Well I guess I haven't read it or opened it yet. But there's another thread on ET that I saw on the home page called "Greeks are for Geeks?" reminded me of the comment above. haha that's all, didn't mean to make it confusing .

No kidding! Buying options ahead of an earnings call? Meanwhile, there was a beautiful IV spike ahead of the call that could have been safely and profitably played... But I guess the Greeks are for Geeks, right? :D [/B] As another thread title currently goes by one here, INDEED!

Forex no way!!! Haha I almost don't really want to believe you. I feel naive. Also every time I make a vertical sp I'm going to think of that hooker condom reference. At least for a while. Thanks for that king. Haha too good

767 good luck. Already tried explaining this concept, or at least applying risk management to the trades. Oh well right. Gotta learn somehow I guess.

Falcon, definitely try phoning your broker before you do an acct. transfer.. I'm not sure, and maybe someone will pipe in about it, but if there is a time limit or not. Once they issue the PDT margin call I believe you have 5 days to fund the acct. This happened to me once before and I was...

Falcon has this happened to you before?? Being labeled a PDT that is? If not, many times you can phone your broker and tell them some bs about over trading on accident and there are a few (maybe more, maybe all, I'm not sure) that will remove the restriction on your account IF you're a first...

Look I understand what you're saying, when I said appreciate, I meant increasing it, not being grateful for it. Perhaps it's the way you started the thread, stating as though you seemed to not care about the outcome of the results, but just "hoped" it would work. You won't have 80-20 odds on...

Right, I don't need an overview of how option leverage works, I'm quite aware and of course in hindsight the answers are always very clear. The technicals didn't have anything to do with the earnings miss. What if they beat? then you're $900 in puts would be worthless, and you'd be down...

Not to state the obvious, but this is literally the worst strategy I've ever seen or heard. OP just throwing money, literally without thought or reason into trade after trade. Since we're in a gambling mindset on this thread should we take bets to see how long it takes before he blows out his...

risk=reward. you're gonna have to put some risk into these markets if you want to make money. It doesn't just spit out 10%+ returns annually without you putting some money on the line for risk. Strong companies with healthy dividends is a good idea, presumably if you have a good company, you...

I might be wrong, but i don't think he is poking fun about jesus or religion in general. The person he said it to sounds to have displeasure towards doctors. so that was his joke. HA!