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Be gentle. Putzi isn't used to being in a moderated environment and having to troll the line.

Putzi has been busy having all remnants of his internet existence deleted so that links to his words of dumbdom cannot be referenced. He is now practicing in a McArthur like fashion for his grand return, repeating over and over again, the famous Richard Nixon line from 1973: I AM NOT A...

You should be aware of premium values but you are correct in that if you are doing spreads, the excess you pay is pretty much offset by the excess you receive. That enables you to play with high IV options.

It's much healthier to smoke after sex but that can be cured by using more lubricant :D

Looks like atticus is this week's Elite Trader winner for manipulating Putzo into posting dozens of 1000+ word attempts to rationalize playing in traffic on the option highway. ROAD KILL !!!

We used to have a contest on Yahoo to see who could write the shortest reply to Putzo Master with the fewest sentences and see how many long winded meaningless rants we could get out of him. He'd stew over it and come back again and again and write yet a another one. I see that nothing has...

Here is a 6 step plan for following the PutzMaster's "deals" 1) incur large losses 2) retrieve broom from closet 3) lift carpet 4) sweep everything within range under carpet 5) pretend there are no lumps under the carpet 6) deny deny deny that it happened

This is the advice you give after recommending that people sell naked put LEAPS during the first year (2007) of the worst bear market in decades and put spreads during its second year (2008)? The contradiction of your spam is that you chose to try and catch a falling knife in home builders...

No, Putzi is an internet troll who lives on the Yahoo. He throws a hissy fit and goes all cry baby when other people correct his misinformation. You see his deals are a joke anyway since when all his 2007 and 2008 naked puts blew up he just kept changing names and forgot all about those real...

Are the companies you say are financially healthy in the same kind of financial health that the home builders were in 2007 when you sold naked puts on them and took a beating, or are the companies you say today that are financially healthy in the same kind of financial health as when you said...