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You sure do spend a lot of time here tracking posts, providing links and sniping at people over nitpicking details!

Sometimes, KISS rules! In fact, why not buy the straddle for 10 cents and get wealthy quickly :) /???

Avoid DELL. While their computers are fine, should they build it incorrectly or should you need competent tech support, they are the worst of all that I have come across in 20 plus years of buying computers. They will suck hours and hours out of your life as you struggle to climb their various...

I don't think diversification means a whole lot in a black Swan. The market was down 38% last year, a Black Swan. There was nowhere safe to hide but cash. Laddering doesn't protect against it either. It just delays the pain. You can only protect against black swans by going to cash or...

If you're hedging in the same underlying, isn't there somewhat of an offset? I mean if you sell a high IV put on ABC then your receiving more premium which you pay out on the vertical leg.

What exactly is the haircut?

Hey, can you post a link for that? I'm finishing up at the brain surgeon site and need to find a something else that's as challenging.

Could I just have Jimmy's hair?

Consider obtaining a felony conviction. You and your cellmate could then set up a cigarette trading bucket shop! (g)

If those all are your positions in your worthles text attachment, that sure must be a PITA to keep track of.

Neat graph! I'm not a TOS member. Is there anything free on the web that I could use to follow these positions?

It would seem to me that anything withing a few cents even 5-10 cents of the strike on either side going into the close would be subject to pinning because you don't know which way the stock will go in those last minutes. But I get your point about Do Not Exercise. Thanks.

Hope isn't a very good thing to put your money into. Without an edge you're going to lose your shirt.

>>> I know you know that the owner of an ITM option can submit a DO NOT EXERCISE memo to his broker. << Wouldn't that only be the case if the option was on;y a little in the money? And even if true, why would anyone throw away the ITM amount> Anything to do with pinning risk?

Most brokers will give you a better rate if you're an active trader... in the form of commission reduction and sometimes, free trades. While commissions are important, it's also mandatory to have a reliable platform that provides good execution and doesn't slow down or shut down during the day.

I don't have a problem with Dell outsourcing their tech support but it would be nice if they offered competent help. I can't begin to tell you how much they jerked me around. As I mentioned before, they have the nerve to offer a hgiher level tech support (for an add'l fee, of course) where...

> I see some references to B. Schaeffer and he has a nice web site. Are his techniques (per CDs and DVDs) good? < I had a trial subscription once. His record was miserable and have never read anything good about it on any web site other than his!

If it's not an I gotta have this position right now, try to split the bid/asked for a better fill on those options with wide spreads.

>> do most traders who trade in the after hours take or provide liquity? << 1 buyer - 1 seller so isn't it a wash?

>> Alex of PureTick wins when he calls out trades after they move in his favor but loses REAL money trading a managed account for Profit Navigation. << Who is Alex of Puretich?