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  1. W

    What aren't all options cash settled?

    Yeah that was frustrating having a platform with no built in strategies...couldn't buy the long call before the short put either as the platform wouldn't group them so it would flag it as a naked call when you tried to put the short call through...this why you'd have to call in. The whatever...
  2. W

    What aren't all options cash settled?

    Options are essentially insurance, and you pay more if there is more risk...ie there is a hurricane coming..same as people buying more puts for before an earnings report. Whether cash settled or not has no bearing on the premium or the underlying. So what happens if some hedge fund sells more...
  3. W

    What aren't all options cash settled?

    This is my point, with cash settled you don't have to worry about any of it...you can let it go to expiry for max profits if you want to with no added risk.
  4. W

    Do PMCC's work?

    I'm not talking about margin requirements, I'm talking about how their profits compare to regular covered calls...its looks like they are slim to none. They don't behave like regular covered calls...a $2 move with a regular covered call would get you $2 plus the premium you receive, a pmcc looks...
  5. W

    What aren't all options cash settled?

    What we are talking about here is the assignment risk versus cash settled if price finishes between the strikes. If you can hold the assignment then yeah who cares, turn around and sell against it...that's ideal. But who here can hold the position they are assigned? Very few so you are left...
  6. W

    What aren't all options cash settled?

    It's completely different if you read my first post. In cash settled you can only lose the difference. In non cash settled you can get assigned un-protected and get in a world of hurt premarket before you get a chance to liquidate your margin call. It's not a "part of the challenge" of trading...
  7. W

    Canadian traders losing TOS

    I'm using tos...it needed a cleaning up imo especially the charting...this TD version has Trading view charts. I will be charting right on the platform now while you are having to go back and forth to some other plaltform lol.
  8. W

    What aren't all options cash settled?

    Just sold a weekly 4715/4720 call. Hey on late Friday, do market makers factor in theta decay over the weekend so you are basically paying/receiving the same premium as you would on Monday? Or do you get the benefit of the weekend theta decay in return for the risk? If so then Whoo hoo...
  9. W

    What aren't all options cash settled?

    This is just a ridiculous statement you want to be forced into an assignment you likely can't afford and will be placed on margin? There's nothing good about the American style options. They should be discontinued. I only trade xsp for this reason because credit spreads are not defined risk on...
  10. W

    Do PMCC's work?

    Or are they a steaming pile of garbage? It's hard to analyze because of the long option and the different expiry dates. For a regular CC, lets say I buy 100 shares of spy today @ 470. I sell a covered Jan12 call 472 for 7.30 collecting $730 in premium. The stock hits my short call @ 472 so I...
  11. W

    Bitcoin

    Yes a dead cat bounce is typically after a stock plummets but my point is all a dead cat bounce is, is an ABC correction. Most people have no clue what causes it to happen, unless they understand ABC corrections. I never said we were in a downtrend. I said price could pull back to x before...
  12. W

    Canadian traders losing TOS

    TD Canada trust is launching a new platform that is from the creators of tos...that's what I was told. Anyway I am using the demo and its basically the same as tos...looks identical, all the same layouts, same option strategies built in, has all the features as far as I can till right now as...
  13. W

    Bitcoin

    Here is the projection based on a single (7 swing) correction. If price does not brake 44,729 and hold then this is what is happing. I didn't label all (7) swings to keep it simple...its actually (9) swings (abc)(abc)(abc) but usually the middle swing is counted as 1 swing. I also didn't include...
  14. W

    What aren't all options cash settled?

    A spread isn't shorting options naked...except for the scenario I put out where the price finishes between your strikes. The difference is Cash settled options are defined risk trades...you can only ever lose the difference in spread minus the premium received. Non-cash settled options are...
  15. W

    What aren't all options cash settled?

    It doesn't protect you. You can get assigned overnight if a huge drawdown/spike. You can get exercised at any time, not just deep ITM...yes I know it makes no sense if there is still extrinsic value but with dividends, earnings, insider news of a takeover etc it can happen. If assigned you can...
  16. W

    Bitcoin

    What??? Have a look at the chart I posted the other day. I basically stick figured this move lol. It is a typical ABC correction. To the uneducated it is sometimes referred to as a dead cat bounce. Anyway until it breaks the high this is what's happening. P.S You watch youtube videos on crypto...
  17. W

    What aren't all options cash settled?

    Why? It's so much better.
  18. W

    Option PnL Graph

    You can make one on a spreadsheet if you just want it for expiry... There's one online my options strategies or something
  19. W

    Bitcoin

    On a very similar runup I posted the price pulled back 31% and that would bring it to the low 30's (34,999-30,000) and that is a real possibility that you called nonsense.
  20. W

    Bitcoin

    Not at all. Gold is done as a store of value. It never was a good store of value anyway unless you kept physical gold you were never assured of being made whole on your investment...and who wants to hold physical gold? I could buy bitcoin, send it to an exchange and borrow against it and be...
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