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Duhhh! All of them made money as their written calls expired worthless! :)

I think you have a lot of that backwards

I respectfully disagree. Trading intraday requires a lot of time and effort. Deciding whether to go to cash from buy and hold or flip over to short doesn't, particularly when you're talking about financial disasters that occur only a coupla times a decade.

Just about every CEO has skin in the game via a high salary, preferred shares, stock options, etc. Not that my memory is that good (g) but I can't ever remember a year or so (08 to 09) when so many stocks were delisted from option trading due to bankruptcy of crashing to under $5. Every one...

You should be dubbed the King of DRYS Strategies :) Beware of leverage when dealing with equities or equivalents. It's a double edged sword.

Other than margin considerations, there's no significant difference b/t the natural and the synthetic (ignoring the obvious of slippage and commissions). ITM write (CC) gives more downside protection, less upside gain. OTM write gives more upside protection, less downside gain. Doing one of...

LOL. Simple numbers don't look any better or worse than they are. Your P&L is what the quotes tell you it is and someone's assurances of anything different are worthless. Make sure your "professional" knows what he is doing and even more importantly, make sure you understand what he is...

First off, there's always downside risk on the stock. You may be bullish and be willing to accept it but it's always there. The returns will not be consistent. There will be no fixed payment every third week of the month, say to the tune of $25K. If you wrote the 1 month $4 CC for 25...

OK, I've cranked up the dilithium crystals and my scanners are at full throttle.

I think that the American public has been sold a bill of goods about Buy & Hold. It doesn't take a rocket scientist to look at your monthly statements, tabulate each month how much you're down and say, enough is enough. There's no shame in going to cash.

What' ironic is that via the Imprudent Man Rule, Fool Service Brokers put their clients in Blue Chips for safety and performance. They owned the likes of AIG, BSC, GM, C, BAC, LEH, etc. For many of them, 50% down would look viable :)

Buy & Hold is for lemmings. Because of it, millions of people will no longer be able to retire at 65, if at all.

If you already know that the Cramer de la Crap and most analysts have no business advising about stock direction then why are you complaining about it? Personally, I think OUIJA board investing is the way to go!

Ask your broker to send you stock certificates in one share increments. It will make lovely wallpaper in the bathroom :)

>> I've been observing and trading the options markets for a few years now and, let's say, have learned a few lessons. What strikes me is that, assuming you don't overtrade, it's the once or twice in a decade disasters that do the most portfolio damage for long strategies. This decade has...

The theta of these options is ZERO. In three months, the theta of these options will still be ZERO. As someone asked earlier in the chain, "what's the point of entering a trade and not getting compensated for the next 400 days? There is no point.

Now that I'm on ignore, maybe I should dance naked? (scary thought)

But it's nicer not to attend an Ivy League school :)