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  1. mervyn

    Do PMCC's work?

    this works for me, namely AAPL in 2019 and TSLA in 2020-:)
  2. mervyn

    Do PMCC's work?

    Depends on the vol.
  3. mervyn

    Costco Says It’s Sold Over $100 Million in Gold Bars

    https://www.walmart.com/browse/jewelry/gold-bars/3891_4718514_3708899_8655615
  4. mervyn

    Costco Says It’s Sold Over $100 Million in Gold Bars

    i always have questions about the gold bars sold in Walmart and Costco alike, not sure they are real or just 14k.
  5. mervyn

    Southeast Asia's rubber producers brace for new EU rules

    there are hundreds of thousands, if not millions in rubber industry. what's the substitution, two legs? i wouldn't give a rat's ass of what eu said.
  6. mervyn

    Futures options in an IRA account

    in ira, no borrowing and no unlimited risk trades, that's the law.
  7. mervyn

    Southeast Asia's rubber producers brace for new EU rules

    this is where the sentence "f*k EU" made sense.
  8. mervyn

    Do PMCC's work?

    it is hail mary trade, hence the name poorman's covered call, not a comparison. bought 5 orcl sept 2024 100 call and sold 12/22 105 call after earnings dropped last week, now the long leg is up 30.73%. i will roll the short leg to 107-110, with expectation orcl will go back to 115 or above. or...
  9. mervyn

    Moody's cuts China credit outlook, citing lower growth, property risks

    their gdp is predicated on global demands, so it is not a good news for everyone outside has no money next year.
  10. mervyn

    Calculating Margin Requirement...

    do your math again. don’t think any legit brokers are asking 10x margin, even retails are not that stupid.
  11. mervyn

    Calculating Margin Requirement...

    no, you cannot have less margin than what the exchange is asking, even if you are a whale. this rest is up to the broker. https://www.cboe.com/us/options/strategy_based_margin/
  12. mervyn

    Dedollarization Accelerating

    in the eyes of an ai, you are just a calorie in and btu out tissue, hopefully can procreate in between, that is the good ai.
  13. mervyn

    Tesla 2023

    it is not commercial but i'd like to have this, autoparking in the golden eye i guess, but their cars are the first.
  14. mervyn

    What aren't all options cash settled?

    Yes check his blog. gross was selling naked calls at very safe distance above around 450-500 ish. another less known chinese trader was also selling naked calls above 500. As I recalled it was impossible to borrow the shares hence the squeeze.
  15. mervyn

    How Rudy Giuliani, once a national hero, ruined his own reputation

    i suppose if he is a practicing attorney, he needs malpractice insurance, very bit counts, just like a porches rear-ended by a hyundai.
  16. mervyn

    What aren't all options cash settled?

    Check the GameStop trades back then? Who were selling the naked calls? It is Bill Gross type of whales, probably Steve Cohen too. Don’t care about hedge funds much, they are OMP, good luck if you invest with them. NVDA rally this summer was driven by calls. Hats off if you are in the trade.
  17. mervyn

    What aren't all options cash settled?

    bingo. otherwise you can buy billions of call positions and have no effects on the underlying price.
  18. mervyn

    How Rudy Giuliani, once a national hero, ruined his own reputation

    Does he have $150 million? Has any of trump’s lawyer not gone broke yet?
  19. mervyn

    What aren't all options cash settled?

    In the assignment, you are the seller. You don’t control if and when. I got early assignment from time to time when there was a bad news and underlying drops, from 2 weeks to 2 months ahead of expiration.
  20. mervyn

    What aren't all options cash settled?

    you can only excerise up to your all margins combined, otherwise no. leverage is not a magic wand.
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