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    Wealthy Option Traders

    LOL. I think you missed the entire point.
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    Wealthy Option Traders

    I've heard of Wade Cook's achievements. Personal bankruptcy. Corporate bankruptcy. SEC violations. Sued by the attorney generals of multiple states. Income tax evasion. Jail time. He should have quit while he was ahead :)
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    Wealthy Option Traders

    ----------------------------------------------------------------------- Quote from spindr0: If acceptable by all was the metric for regulations and law, we'd be wearing pistols in holsters Nothing is ever acceptable by everyone...
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    Wealthy Option Traders

    Oh so true. Post EA IV contraction will eat you alive unless you're hitting a few home runs. If not then one should consider some variation that also involves sale of inflated premium in order offset the overpay. How the market reacts can be a crap shoot. They can beat earnings handily but...
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    Wealthy Option Traders

    If acceptable by all was the metric for regulations and law, we'd be wearing pistols in holsters :) Nothing is ever acceptable by everyone
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    What is the best options trade

    If it makes ya feel any better, nice job on the new article in SFO Magazine. You do a good job providing option education for the noobs :)
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    Wealthy Option Traders

    Occasionally, web sites disagree so it's a good idea to check a few. I've used the following most often: http://www.rightline.net/calendar/ http://www.briefing.com/GeneralContent/Investor/Active/ArticlePopup/PagePopup.aspx?PageId=3272...
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    Wealthy Option Traders

    I'll second that. A small flat fee per trade would be acceptable but a 1/4 of a pct per trade would cripple traders and liquidity would disappear... as I would since it would have sucked out 6 figures from me.
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    Wealthy Option Traders

    Charitable folks who just want to make the world a better place (for a small fee) :confused: :)
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    Where can i safely park my money?

    There are a good number of banks that offer high rates like this. But it's a non starter if you have more than 50K to park since you can't deal with 5 or 10 accounts that compel you to make 10+ ATM purchases per month. Uncle Ben has made it tough to get yield. Shore Bank in Chicago (now...
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    Where can i safely park my money?

    A collar is equivalent to a vertical so unless one already holds the underlying or intends to trade the components intraday, the vertical will save on commissions and slippage.
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    Wealthy Option Traders

    Honestly, why would anyone who is successdful spend the time to teach an anonymous stranger on the internet secrets of successful trading? What's in it for them? If they were of charitable nature, they'd be better off making more money and writing checks to their favorite charities - less...
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    What is the best options trade

    Silly question? Not at all. The answer is obvious. The best stock is the one with the best options !!! :)
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    writing a call in IB

    You can use the Option Trader as just21 suggested or you can pull up the individual contract on the platform by: Type symbol then hit ENTER. Menu opens up and under AT&T-NYSE it will list: STOCK FUTURES OPTIONS COMBINATIONS Click OPTIONS, select the month then the year and that...
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    Final profit/loss math problem...

    The answer is $124,723 but you really should double check this with a pencil and paper :)
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    Mathematician trader

    Trading is about animals, not math... Buy sheep, sell deer
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    Wealthy Option Traders

    Start with $5,000 and retire? I'd say that someone needs a reality check :D
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    Wealthy Option Traders

    Grinding out consistent profits (of any size) and being risk averse precisely describes successful traders. +1
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    Trading Options at Expiration

    Thanks for the Cliff Notes version of the Augen book :) The expiration pattern intrigued me but I just never seem to find enough time to observe and anylyze it to determine if it has realistic trading possibilities.
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    What is the best options trade

    Learn it today, be an ET expert by tomorrow :)
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