Search results

  1. D

    Personal note

    Hi Walt, I have a separate account for my 'options money.' And I use almost all of my available margin on a monthly basis. I have confidence that option trading produces profits, so that is by far the bulk of my holdings. As far as returns are concerned, my actual results won't tell...
  2. D

    Assignment fee upon expiration

    Quibble: If making a fortune, it's still a mistake to pay an outrageous fee for an exercise or assignment. It cannot hurt to try to negotiate. It's not likely to do you any good. Mark
  3. D

    Personal note

    You are incorrect once again. When I finnally heard from ET for the second time, the clarification tells me they 'mind; but that it is NOT a violation of TOS. Your constant nastiness is far more anti-TOS than my mentioning a book . You may not care, but if you read the comments of...
  4. D

    Personal note

    I wrote to whoever it is who replies when you write to 'contact us' I wrote with a follow-up question, but 'they' did not reply. My conclusion is that they do not really care - or else they would reply to all TOS questions. Bottom line: They do object to my post. Mark
  5. D

    Personal note

    It was 3,200 overall. The high ranking feels good. There's not a lot of money in being #3,200 Mark
  6. D

    Personal note

    Have you never shared good news with anyone? Mark
  7. D

    There's no difference buying short term options vs. buying LEAPS?

    A lot depends on how you define risk. There is the risk of losing all, or almost all of the investment. That makes the shorter-term option more risky because of the more rapid time decay. Then there's the probability of loss. That's also a measure of risk. Short-term options tgive you...
  8. D

    Personal note

    Your suggestion that I don't think the rules apply to be is absurd, mean-spirited and serves no useful purpose. I know I have done nothing wrong, but to satisfy your little mind, I will ask. I assumed my title was not in the post because someone asked for it and I did not bother to check...
  9. D

    Net Credit Butterflys...

    Walt, Certainly viable, but this is still essentially the credit spread as a standalone - because that's where the risk lies. The butterfly sort of disguises that fact and adds extra profits in one half of the butterfly's profit zone and reduces them in the other half. Mark
  10. D

    Stop loss sell based on stock price

    You should be able to sell the options via a market order (and market orders are ALWAYS a bad idea when using options), using a stop-loss on the stock. An OTO (one triggers the other) may be appropriate, but it depends on your broker's limitations. The broker will tell you how to set it up -...
  11. D

    George Fontanills

    What I can say for certain is that he is a profitable teacher. The 'ok' part requires a survey of his suckers, make that his students. Mark
  12. D

    Personal note

    1) What's appealing to me may not be appealing to others 2) Strategy selection is important, but risk management is far more important - at least in my opinion. 3) I don't like to pick market direction, so need a market neutral strategy. Iron condors suit that need 4) I believe buying...
  13. D

    Personal note

    To all the well-wishers: Thank you. Mark
  14. D

    Personal note

    I do not believe mentioning 'my book' - and leaving out the title is in any way a violation of TOS. Do you think the site owners would care? Read the post again. Exactly what am I advertising, or soliciting members to do? In fact, I encourage you to complain to the management and then we...
  15. D

    Personal note

    The Rookie's Guide to Options Mark
  16. D

    Personal note

    You are implying that I can't trade. Why would you assume that? you don't know me. I've been a professional options trader since 1977. Couldn't stay in the business that long if I know how to trade and make money. Mark
  17. D

    Personal note

    I understand that some readers object to my mentioning my book or website. To them I apologize, but I'm very excited to announce that The Rookie's Guide to Options is currently the #1 Best-selling Options book at Amazon.com. I know that will not remain true, but I'm taking this opportunity...
  18. D

    long term investment idea??

    98%. Surely you jest. I've told you a million times not to exaggerate. Mark
  19. D

    George Fontanills

    What really bothers me is that it's OptionsXpress that bought this junky company. I like OE, respect their owners, and consider them to be a quality broker. I cannot understand this purchase. Even if it makes money for them, it's not a reputation builder. Mark
  20. D

    Straddles Profit Potential

    Walt. You are talking 'gamma scalping' to someone who doesn't know what a straddle is - other than its definition. Jack, Same thing regarding IV. This question truly sounds as if it's a school project and not the question of a rookie trader. Mark
Back
Top