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I think for what-if scenarios like this, it's best to understand basics and do it with pen & paper. Draw out your profit/loss lines for each position. Then roll it forwards with only intrinsic values remaining to see at it looks like at expiration. You get a more physical "feel" for position...

sorry i meant sell the long puts and purchase a closer put to raise his "stop"

yup, some long OTM puts will let you lock in profits without selling the stock. Check pricing, may be more profitable than LEAPs if you're able to sell the puts and get back in at different price to stay close to stock's price as it rises.

don't let tax considerations affect your trading. I'd rather pay 28% of a 100% short-term gain and pocket $10k after taxes, than try to save a little more on 18% on taxes and bring home only a couple hundred after taxes.

Several ideas I'd like to point out to OP, which is to use more sophisticated strategies. Most of us know about putting away money for rainy days as protection. Most of us buy homeowner's insurance, we buy auto-insurance, even life-insurance. It takes away capital we could be using to make...

Heh, heh... we're set for a while without working or trading. :)

Ok, I'll just fill it out and plug in the basic numbers. Thanks.

So in 2015, my wife and I didn't work and our combined income was less than the $20,600 minimum to require filing taxes. However, I still have many $3000 chunks to rollover on my 1040d from losses couple years ago. 1. Do I need to file 2015 taxes to rollover the $3000 1040d losses to 2016? 2...

There are in-line wattage-meters you can get. Looks kinda like a power-strip/surge-protector. Another way is a clamp-meter with a ring you clamp around the power-cable...

BP's troubles haven't even started yet. They haven't paid the $20-bil in restitution and that hasn't even hit their books yet. Wait til earnings time come around and the stock will plummet to $5. Why are people trying to go long on a stock that's diving? How many years do you want to wait to...

Another idea is if you want to be come a full-time trader, first show some good results as a part-time trader. Keep your day job until then.

Well, even easier than trading is to get in good with the governments. Or BE the government as in dictator.

I predict that we will have a market-drop some time in the future! Now pay me for that prediction!

Personally, I don't think you should let taxes dictate how you trade. The differences between various tax strategies aren't that significant (i.e. long-term vs. short-term capital gains). A lot of times, you miss big opportunities (+100% short-term gains), because you're worrying about the...

Read "McMillan on Options".

Many of those are duds. Check out VMW

The 2701HG-B has two WAN input ports to go to the phone-line. One RJ-11 and one RJ-45. Both are for ADSL connection, but only one can be used at a time. Some DSL providers have a phone-line converter/filter/splitter box that outputs an RJ-45 socket. Not sure why. Here's a simple set-up guide...

I wanted an Apple-1 based upon a recommendation from a friend saw one in a computer-store. I went down there and they were all gone! So I put down my money as a deposit on the next available unit. I checked back every week for over a year and nothing! They finally rolled it forwards into a...

You're having problems because you carried over old corrupted settings from your 1st install. You didn't pick the clean-install option, but did an upgrade-install. There's no need to zero the HD, that takes a tonne of time and is completely unnecessary. Here's what you do: 1. boot up...

It's up 10 today. I wonder if the pornstar locked in his measly 8% before it vapourized...