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    Buying Puts for a potential crash?

    If you experienced Black Monday in 1987, you'd know the difference between the two. As for 2000 and 2008, it's kinda hard to oblivious to the market dropping 50+ pct over 18 months. I'd call that detectable.
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    Stupid question about Cryptocurrency

    I probably know less about crypto than you... Some people are going to do quite well. Others, not so much. The only thing that I'd suggest is that Bitcoin isn't a Ponzi Scheme because assets are traded. Whether those assets have real value is the question mark. If anything, it's a feeding...
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    Buying Puts for a potential crash?

    If Rocket Man drops a nuke on Guam or Hawaii tomorrow and the market drops 10-20% or more, that's a crash and your Dow vs 50 EMA was worthless. As I said in the post that you replied to, unless you had some form of negative correlation protection in place prior to a crash, you took the hit...
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    how to calculate annualized return for short option positions

    Calculation on long options is easy. I see 3 choices for naked puts depending on your exposure. 1) Cash secured 2) 50% margin as if you were doing the synthetic covered call (adj by premium) 3) Approx 20% as per Reg T minimum margin requirement (see...
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    Hedging An Appreciated Portfolio

    I have some more questions for roughing out what I'm considering. With the SPY at $266.50, a 3 month no cost collar would be a Mar 2018 245p/280c.. That represents an 8% max loss and 5% upside potential. An equidistant 253p/280c collar would cost about $1.40 out of pocket which is 28% of...
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    Jokes 2

    An elderly couple meets while playing BINGO at the assisted care living facility. They enjoy each other's company and then begin to participate in other activities together. Over time, they fall in love and decide to get married. For the day of their nuptials, the facility decks out one of...
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    Greatest Hits

    Right performer, wrong song :) Eric Clapton: "Layla"
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    Buying Puts for a potential crash?

    Then you don't understand the difference between the two.
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    Buying Puts for a potential crash?

    OOPs, typo clean up time... Google the "CBOE S&P 500 95-110 Collar Index" (CLL)
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    Buying Puts for a potential crash?

    Google the "CBOE S&P 500 95-10 Collar Index" (CLL) It's a three month SPX put 5% OTM and a one month SPX call 10% OTM. It does not perform well compared to their PUT, BXM and BXMD option writing indexes. The CBOE has some papers describing these.
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    Buying Puts for a potential crash?

    You asked about using $2,000 worth of puts per year to hedge a 400k portfolio. Asked and answered. You also asked for other suggestions so here's that two cents. Long puts bought to protect appreciated stock is like car, home, health insurance. It's a total waste of money until you need it...
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    Honest Binary Options Broker For Romania

    Start the video then start the video again about 30 seconds later on another page! :D
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    The Tax Bill is a Trillion-Dollar Blunder -- Bloomberg

    Perhaps it's time to invest in Johnson & Johnson, the makers of KY Jelly.
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    The Tax Bill is a Trillion-Dollar Blunder -- Bloomberg

    I bet that you'd be singing a different tune if you were in the 1% :D
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    What's the closing price of SPY?

    I'll take Pin Risk for Pennies Alex. :(
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    Buying Puts for a potential crash?

    Yep, once I got out my secret decoder ring and translated what you said, it was exactly what I wrote. Who woulda known? :p
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    Buying Puts for a potential crash?

    Geez, this is a lot harder to describe than to just do. Hopefully this will make some sense. A crash is different than a bear market. 1929 and 1987 were crashes. Unless you had some form of negative correlation protection in place prior to them, you took it on the chin. Bear markets like...
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    loss shows how options help define risk...

    It is far, far better to be lucky than to be smart. Knowing why you lost is never as good as not knowing why you won. ;)
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    Explain this price action?

    I don't drink anymore so could I just have my order filled instead of my glass??? :confused: :D
  20. S

    Explain this price action?

    OK, splain this one to me Ricky. It's after hours on IBKR and I'm hitting the bid to sell some of an illiquid stock. I click and the bid disappears. I cancel and the bid reappears. I hit it again and the bid is gone. Is this some sort of HFT speed advantage over me or is there something...
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