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  1. N

    C at this level

    I dont like to buy companies that lose money.
  2. N

    I went long puts.

    My puts are cheaper than what I bought them :) The expense of it was not too bad because I made plenty from the covered calls, so it cuts my taxable a little bit if the puts end up worthless. I dont have any covered calls set up now though. What I have been doing is compounding my call...
  3. N

    I went long puts.

    To lock in my gains and set up a floor. Things are moving up so quick its kind of scary. Might as well lock the gains in.
  4. N

    Bank of Mom and Dad Closed! What about 50K a year tuition?

    How is college outpacing medical costs?
  5. N

    Is there any reason to join a prop firm if your capital is 500K?

    What would be the benefit of joining one if your capital is 500K for trading? I like the fact that you do get SIPC for 500K and under etc.. but I keep hearing about propfirms etc..
  6. N

    Your results so far this year

    23.95% I do not like to take too much risk so I am not getting those crazy 200% returns some of you guys get
  7. N

    Cant china buy US companies outright like Warren Buffet?

    With yields going up why not buy stocks/assets instead of more treasuries? ie: buy GE and BA outright, Buy LLL and Harris. Buy KO,DOW,MSFT,intel. I would as a nation rather own those than just treasuries.
  8. N

    Why did GE just spike at from 14:56?

    Why is GE up again?
  9. N

    I sold Deep deep deep in the money puts

    I feel like this is going in circles. how is paying a margin interest on a margin debit over 11 months not considered as part of the cost to carry?
  10. N

    I sold Deep deep deep in the money puts

    Yes I tied up some of the margin amount I can use for other stuff but I have 100% margin equity, VS borrowing to buy and paying interest on the margin debit. Now i just pay off the synthetic long covered call position that I got at a discount special over a period of months to cover potential...
  11. N

    I sold Deep deep deep in the money puts

    no because I have to sell stock, pay a big capital gains on the profit or I have to borrow on margin and pay margin interest. not the same.
  12. N

    I sold Deep deep deep in the money puts

    I sold em for 8.95 this month earlier. I do not expect to be assigned now obviously but somewhere past 12 months. I wanted to buy stock at a discount without having to outlay the cash right now but deposit cash over time VS buying today, paying margin interest or selling stock. buying on a...
  13. N

    I sold Deep deep deep in the money puts

    I am not doing this as an option trade, I just want to own stock at a discount and it is like buying the stock on Layaway. (I do not want to sell other stock for money to buy LLY or borrow on margin and pay interest on it either) but over time I can deposit more money to cover the naked put into...
  14. N

    I sold Deep deep deep in the money puts

    Because I would like to own the stock and collect the dividends upfront today as well as the time premium. VS the call which I would have to outlay money,timepremium etc upfront.. I like the risk profile better on the DDDITM put and if I do not get the stock if LLY goes over 40 at least I was...
  15. N

    I sold Deep deep deep in the money puts

    On LLY the last few days. (Jan 2012 strike 40) Hopefully it stays under 40 in 2012 and I get assigned.
  16. N

    Why did people pay 14 a share for Palm?

    The company had a terrible balance sheet and prospects. So why would people pay 14 dollars a share for a junk company. I never understood this palm situation
  17. N

    Made a nice chunk shorting CRU

    Wow I left some good money on the table.
  18. N

    Made a nice chunk shorting CRU

    CRU was real nice. shorted 13210 shares at 9:58 at 17.58 and covered at 16.87-16.82 it took 3 minutes to fill when buying back to cover. I think it could go lower but I do not want to risk a short squeeze.
  19. N

    Why did GE just spike at from 14:56?

    But thats not new news. They already hinted at it on the annual report stuff for 09 which was a few weeks ago.
  20. N

    GE APR 17.5 Call perfect example of why chasing pennies can kill you.

    I dodged a bullet buying to close my 17.5 april covered calls for 3 cents. I would have given up so much upside. But I kind of feel dumb not buying to open those and cashing in. I got spooked when Open interest kept going higher so I jumped out. Oh well.
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