Search results

And now you've hit on the reason for my preference - which I mentioned early on in this thread: I suck at fundamentals analysis (or don't trust it, to put it another way.) Unlike Andreessen et al, I'm not interested in a 1:30 bet on unicorns... I'd rather take my little bite out of the market...

Exactly!

Well, I "invested" in them via an employment contract that included stock grants - more of a reflexive "negotiate the package" sort of thing rather than an informed investment strategy. I mean, I knew they were a big-time up and comer - they fit my rather narrow selection criteria (I'm actually...

Well yeah; no shit. If somebody was to make a market in it, I'd put some serious dosh behind it. Meanwhile, though, I'm going long Orville Reddenbacher... that's a picks and shovels play if I've ever seen one.

Nice! Thank you very much for the idea.

IPO = liquidity. Right now, I have to find a specialist vs. just clicking the mouse. I've looked - at least, at a few of the ones easily found on the net. Frankly, the arrogant "give us all of your paperwork, then we'll think of making you an offer" attitude I've seen so far is a complete...

Dude. Major Brad Pitt/"Big Short" energy here, laying down the real story to enthusiastic but seriously under-informed newbies. (Yes, it's a compliment. :)) I, for one, am seriously grateful for these glimpses into how the pros do it. I may never get a chance to build a trade of that sort...

What sort of details would you need? These folks have more than enough cash - in fact, they've been cash-flow positive since their startup days - and as I recall, they have bought a couple of smaller companies that they've folded into their product. Again, I'm rather clue-deficient when it...

I have some shares from a company I used to work for; they're very successful in their space - huge growth/market capture in just a few years in a hot sector, etc. The only problem - at least from my perspective - is that every time they get ready to do an IPO, major venture firms throw BIG...

@cesfx - at this point, I think we're talking to a brick wall. He wants to hear what he wants to hear (based on his "ideas" of how options work), and he's unable to hear anything else. This was my second try at helping him, and I'm done. Permanently.

[sigh] You really, really have no clue of what you're talking about... but worse than that, you don't have the humility or the smarts to listen to good advice when it's given to you. Instead, you keep making all sorts of arrogant assertions and self-assured but meaningless pronouncements to try...

The real question here is, what do you mean by "better"? In other words, what are you trying to accomplish - or, to put it in a different way, what market perspective are you trying to reflect with your trade? A covered call does not reflect the same outlook as a bull call spread (although, as...

+1, with this addition: posts like this always make me slightly uneasy for the OP. They have an air of "hey, I'm trying this random thing that I don't understand - and look, it's doing some cool stuff!" That might be more or less OK with risk-defined strategies, but if the OP is writing...

My friend, you're reading a bit much into what I wrote. All you're seeing is a bit of lightweight sarcasm, nothing more; it's one of the ways I amuse myself with people who have an overinflated sense of self, or argue without understanding what they're responding to. All good - no real animus...

Wow. Really? Since you've missed the point: the chances of filling a risk-free fly are about the same as the chances of filling a risk-free spread (i.e., very low but present.) Both of them demonstrate, in exactly the same way, that your statement about "no risk free trades" is false. That...

I just didn't know how Jello fit in the picture. But yeah, it was an interesting experiment: I put out some number of bids for WPG (10 or 100, I don't recall) and got 1 filled, then offered it back out for a nickel and eventually got that filled too. Obviously not something that was going to...

Not familiar with that trade. Is that when you eat some "sugar free" Jello and then spend a couple of hours on the toilet crapping out more volume than you thought possible? Inquiring minds and all that.

Yeah, with paper trades, anything goes. But to give the OP the benefit of the doubt, that pic could be just a demo showing how to enter it rather than the actual trade setup. Heh. I recall showing something similar to a friend of mine: a 0DTE SPX trade - something like 100x min-width spreads...

Looks like a paper trade. Doesn't make any difference if he's just trying to show how to set it up - maybe for those who don't speak the "SELL -1 VERTICAL NDX 100 19 AUG 22 [AM] 10300/10400 CALL @100.00 LMT" language. :)

Ah, not account liq then - "liquidity" as in "contracts available to be traded in a given ticker." I see. I don't think that's an actual issue here, since it would only matter if they were going to get filled - and we know they're not. Also, we're not talking about FOK orders; if you're at the...