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  1. O

    Question about AMP Futures fees

    https://portal.ampclearing.com/account/commissionQuote.aspx As you can see at the very top: Flat Rate - Minimum Equity Deposit: 10,000 (or USD equivalent) Volume-Tiered - Minimum Equity Deposit: 100 (or USD equivalent) If you have 10,000 you can get flat rate. If you do not have 10,000, you will...
  2. O

    Cognitive distortions and impact of psychology on making decisions

    I remember when RMBS was trading at over 400(pre-split) and one of the guys in my trading mIRC room was talking about he'd like to take his 1 month quadruple, but he'd have to pay taxes on the gain. so, he rode it back down the following month and complained the whole time, and when it started...
  3. O

    Cognitive distortions and impact of psychology on making decisions

    I am fascinated by the phenomena of sitting on a trade that's going deeper and deeper in the hole. 13 years ago, I did more or less the same thing, bolstered by the fact that, until that day, I'd always been able to add to my position and trade in and out, still holding the original trade, until...
  4. O

    Can we be naturally humble traders?

    I'm not sure about the "naturally" part, but anytime I feel like acting a little arrogant, I look at the biggest butt-hole I know about and think "Do I want to be like that?"
  5. O

    what advantages Long Gut over Strangle?

    As noted in my post last Saturday: AMZN closed at exactly 3200. so, the ITM(In the money) (long guts) position of 3190 calls and 3210 puts cost 83.60(calls) and 79.39( puts) for a combined 162.99. Worst case, the stock closes at 3200 next Friday. You get a total of $20...$10 for the calls and...
  6. O

    Selling naked put

    One of my trading partners from the one of the 90's mIRC rooms started selling naked puts on dirt cheap stocks during March He finally got assigned some cheap stock of some stable companies at which time he started selling covered calls until they got called away. I was amazed at the options...
  7. O

    what advantages Long Gut over Strangle?

    My God, man, have you no decency at all?? PLEASE put me back on block, it was such a disappointment to open the page and actually see something you wrote. I didn't bother reading anything except one post, and in that one, you call me a liar. Nope. The only post I could see was the last one in...
  8. O

    what advantages Long Gut over Strangle?

    Can't see any picture, and you'd have to show me where my math is wrong, but whatever, I come here to try to answer questions with examples and help people if possible. You're here to insult people and brag about how much money you've got. Incidentally, I have people telling me you can get me...
  9. O

    what advantages Long Gut over Strangle?

    My numbers are right. If you can't stand being wrong, I couldn't care less. Be a child, block me. All I ever see in your posts are insults and braggadocio anyway. Whoever told me you were "the man" was severely wrong. My life is better for not having to look at your stupid shit. I answered the...
  10. O

    what advantages Long Gut over Strangle?

    Oh, I see, you've got me blocked. Kinda childish, but what ev.
  11. O

    what advantages Long Gut over Strangle?

    Didn't catch that one, though.
  12. O

    what advantages Long Gut over Strangle?

    I see that Everybody misinterprets stuff sometimes. Not a big deal.
  13. O

    what advantages Long Gut over Strangle?

    I already know there may be some trying to figure out where it will make a good play, so here's the answer to that. Suppose AMZN makes a percentage move same as last earnings..6.64% at the high of the day. So, at the current stock price of 3200, that would be $211.20. So, because adding is so...
  14. O

    what advantages Long Gut over Strangle?

    Here's an easy one, AMZN closed at exactly 3200. so, the ITM(In the money) (long guts) position of 3190 calls and 3210 puts cost 83.60(calls) and 79.39( puts) for a combined 162.99. Worst case, the stock closes at 3200 next Friday. You get a total of $20...$10 for the calls and $10 for the puts...
  15. O

    what advantages Long Gut over Strangle?

    The ITM position will at least give you something in every scenario, whereas the OTM may not. The big pockets with algorithms are going to make sure you're not going to find a trade on a big name company where it will make much of a difference though..
  16. O

    The ones that got away. What's your Priceline.com

    Reverse splits are usually when the stock price drops so low it's in danger of getting delisted. BVSN is the prime example, It was around 6-8, moved up to 250+ and had a 3:1 split, so the price became 80-ish. And moved back up to the same area and had another 3:1 split. When the reality began to...
  17. O

    17 Reasons to trade options

    I'll take a couple hundred thousand of those shares of MSFT at your price($95), as per post #1. Reason #7.
  18. O

    Why would this get filled?

    When you compare the potential win to the potential loss, that's an amazing trade.
  19. O

    Cognitive distortions and impact of psychology on making decisions

    Please give Fred's friend a name, too. If Fred deserves a name, so does his friend. I was once a 'friend", and it was humiliating to be described as "Joe's friend" and it made me resolve to never settle for, or be a friend again. I'm still right much of unfriendly. And friendless, too.
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