Quote from dr_sean:
Okay first of all, ROI means "return on investment."
I'm talking about 10-15% on the position. Return. In a month.
NOT on the whole dang port. I guess if you threw your entire account into a CC position, yes you could make 10-15% return on the portfolio, but of course that would be silly.
I'm not trying to insult you here Arnie.
I don't know why you find the urge to talk down to me.
Quote from dr_sean:
Yes I generally look for LEAPs w. delta of 1 .00 or thereabouts to duplicate stock ownership...of course w. less equity tied up.
Quote from Arnie Guitar:
I know what ROI means, and yes, I doubt it's possible to find alot of CC situations offering 10-15%/month on 1 position.
That would mean, for example, buying MO at $84, and selling an $8.40 OTM Call against it....the MO Jan 85 Call is not going for $8.40...
NFLD? There's a possibility...$15 stock, the Jan 17.5 Call is going for $2.80...hmmm, almost 20%....I might try that...nah, I'll sell naked put or a put spread and tie up a LOT less cash, and get a better return.
Look, I'll admit my posts did not have a very friendly tone to them, and for that I apologize.
It's just that your posts did have a smidgeon of arrogance to them, like everyone here is below you. Maybe that's not the way you meant it, but it's the way I took it. Then there's the way you compliment people on their posts....as if to say, "hey, you're not as stupid as I thought you were..."
Let's start over....Peace my friend.
Arnie

He/she's just had a bad trading day and is taking it out on the folk here - noone is attacking him/her, just self defence. I notice he/she stopped posting, probably because has gained insight into the error of his/her ways but is too embarrassed to come back and admit to it. Probably a nice person deep down. Let's leave it at that and hope he/she comes back and we can then offer some emotional support to help him/her through this time of financial/personal stress.Quote from IV_Trader:
my , oh my... another orchestrated and brutal attack ( this time on der_commissar)...I wonder who is next
