So selling puts is risk free by your definition.Goes up you collect premium,goes down "you are actually getting paid to be wrong".
Never looked at short downside gamma that way
Wait WUT???? Did I not reply to WXtrader?? Why are you telling me you arent smart??
I was referring to WX's
"I've always said you got to be a little bit stupid to make money in the markets."
There is no room for stupid at the places I mentioned..
I got smoked at my interview at Goldman :)...
LOL@ find this whole world detestable!!!!
I like the first statement..You can be smart as well as an egomaniac who thinks they know all,and refuse to listen to others who have taken their hits and lived to tell..
How long have you been on ET??
Point number 1 is painfully obvious ....
You are talking about lazy degenerate gamblers
Go to NY,get an interview with Goldman or Millennium and share your thoughts with them..
5 minutes..ill take the under before you are booted
If its mispriced,then you should have no problem making markets and obtaining obscene wealth..
Last I saw you were selling 1 lots on 18 dollar stocks and having the underlying move against you by 30 percent,despite your mastery of the Elliot Wave
Chef,ive known you for awhile..
I think you should start trading the underlying, small,and see what you are made of.If you aren't decent at that, option spreads won't really help.
And give up the daytrading
You are better than that :)