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Why would anyone think they could "buy a system"? If the system worked to the advertised extent, every single trader for every fund would use it and every fund would have annual returns of more money than there is on earth. People that believe they can pay for a magic trick are just severely...

Yep... https://www.nbcnews.com/news/us-news/california-man-who-posted-regret-attending-party-died-day-later-n1232675 Briefly this truck driver got bored sitting home, went to a party, died from COVID at 51, leaving a family. At least, at the very end, he could finally see the truth. "Because of...

Anybody that insist/persist on insulting others just ain't worth bothering with.

Not surrounded at all. He'd been driving his pickup around the group, screaming his silliness, then got out and charged up into them. He knew they weren't violent, because if they were, they would have whupped his ass real good. But you see the video, now read the story...

Well, OK. Volatility has increased the premium of options. The same scenario today, buy AAPL at $364 then buy 6 month out(January, 2021) $370 put at $35. That's about a 10% cost, and you'd have to do it twice a year. 20% annual insurance. If you think it's a good deal, then I suppose to you, it...

What was applicable then probably broke since then. You'd need to look at current prices for the stock and the options in order to get a real time answer. I could go back 4 years, look at the chart from now to then, and pick a killer trade to enter. Using 4 year old quotes in a question now just...

My advice to you is take the loss, learn from it, and move on. You don't want to be one of those guys who enters a trade(key word "trade") and makes a career out of it. Do you?

Years ago, when I made serious money, I bought a $1200 recliner(big bucks then) and put it down as an expense. One of those really nice, thousand dollar wall projector things you plug into your computer so you can walk right into the chart. Put that down as an expense also. Bought some killer...

This is a tripping thread. I figure if you want to wear a mask, wear one, If you don't want to wear a mask, don't. If a business kicks you out because you're wearing a mask, go on there are other stores/restaurants. If they kick you out for not wearing a mask, same thing. and whern you end up in...

We have people like that around here, too. A lot of them. It's embarrassing.

LOL, dude....... http://blog.poweropt.com/2015/04/02/balance-risk-vs-reward/

Your prices are way off. AAPL is $364.

You gotta ask yourself: Can I afford to lose the $100k?

I edited my post. But, the concept is that if you set $X amount aside specifically for spreads,. and your average return is 6%, then you will have a fair profit in a year, and without a whole lot of exposure. Unfortunately, in most cases, 1 loss out of 4 trades will put you at a net loss. I've...

It's a hedge. To clarify: you are selling the one position in order to make the time deterioration work FOR you. AND, you buy the other position to insure yourself against a runaway freight train.

Obviously the risks are directly collaborated to the spread between strike prices. A 10 dollar spread can lose $10(minus the proceeds from the sell side) or $1000 per contract whereas a 50 cent spread can only lose 50 cents, or $50 per contract(minus the proceeds from the sell side)

Very few people understand, much less appreciate the reality going on here. It's a lot like the sector exemplified by BVSN, from '98-'02. You don't have to believe in it, it's just happening. The choices are to stake yourself to the position "I'm right and I'm going to trade my conviction" or...

I'm sticking to injecting bleach and light. If you got lightbulbs inside you, and plug your finger into a socket, the light will clearify you from the inside out. At least that's what the doctor said on TV. I gather those that "don't believe it" will refuse to take it if it works. right?

130% from mid March is not much of a trick.

Yeah, even before he finally got "busted" he had won so often that people were hounding him. Here is an "Inside Edition" story from 2011, where he was questioned and didn't tell the whole truth, just that he bought a lot of tickets so had to win something..