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Give me a break. "I could show you mathematical proof that _X_ works but you guys haven't kissed my ass enough so I won't." You've got nothing. Otherwise, you'd prove it.

Are there any studies out there that look at "one time" double-down strategies, or other limited versions of Martingale? I have, on occasion, bought more of a stock I remained bullish on when it took an unexpected dip. It has usually worked out, but I am well aware that I might have just been...

Ah, I didn't realize the pair was referred to as a "cross". I thought he was alluding to some sort of price versus moving average technique.

Define a "yen cross", please.

If you're bullish on the stock, why aren't you just buying ITM calls with expiry that reflects the timeframe of your "bullishness"? I have slowly come to the realization that this advice (given to me on this website) seems to be the most reasonable. That or simple credit spreads, but with...

Shaffer seems to be little more than a fear-monger. I am unsubscribing from his "news" letters. Buyer beware.

I was going with the assumption that you thought the underlying had run its course when you wanted out for $8 but couldn't get much beyond a $6 bid. At that point in time, why didn't you exercise and dump the shares? I routinely use long ITM calls as a proxy for the underlying on swing...

I'd also like to hear the answer to this question. Obviously, there is the notional value of the calls to deal with, but depending on the broker, couldn't they execute a same day sell and net the $8 over the $45 call?

You have a lot to learn. Hope the tuition was worth it. I'm not even talking about trading -- I'm talking about being a boastful asshole. Rarely pays off. Didn't this time, either. Good luck at Taco Bell.

I'm sorry, what? My point is this: the poll is saying either a) every respondee with a bachelor's degree has a graduate degree or b) every respondee with a graduate degree is counted separately from those who only have a bachelor's degree, and the numbers happen to be identical...

That doesn't surprise me. What surprises me is that everyone who claims to have an undergrad degree ALSO claims to have a graduate degree. Seems very unlikely. (Maybe the poll is saying 50% of those who got undergrad degrees also got graduate degrees; i.e., it's a collection of 68...

Sorry, I thought you were just posting a primer. (It actually talks about both sides of the box.) At any rate, the long box numbers looked like crap. I avoided the trade. I cannot stand risk I can't . . . understand.

That link in no way answers the question. It even calls box spreads "riskless". I am trying to learn the practical truth, not the theoretical truth. Appreciate the replies that suggest risk is significant, and perhaps because of the inability to borrow. That's what I'm worried about.

In my career as an engineer focused on advanced R&D, I have found that very few people without a BS can compete in that arena. A graduate degree correlates highly (but is certainly not sufficient) to be an innovative research engineer. I couldn't even speculate on how education correlates...

No dividend. I'm really looking for guidance on how to manage trade size so that early assignment doesn't create some ugly capital event. I've traded options for awhile but haven't had assignment become an issue. Look at it this way: if liquidity weren't an issue, why not sell $1M in...

Let's say I identify a box spread that is profitable after bid/ask and commissions. Free money: Sell 1 ITM Call Buy 1 OTM Call Sell 1 ITM Put Buy 1 OTM Put So where's the catch? Is it all in the notional value of the short options? I'm thinking "early assignment" risk. Assume...

You're taking my statement out of context. I was arguing that, for index investing, the PUT strategy was best of breed; in essence, I was making the same case you are.

Thanks.

Yes, thanks for the correction. You have answered my question clearly. I need to contact my broker to find out how I would best handle early exercise on short puts and calls. Honestly, what I'm most worried about is any event that could net out me taking a bigger loss than what was...

Wow, thanks for the heads-up. It would seemingly make a lot more sense to pay ST gains on the calls and LT on any gain made on the underlying when it gets liquidated, but maybe I'm missing something (double tax, etc.).