Buy / Write

ironchef said:
Just curious, why stopped being one? Seems like a fun job.

Regards,
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Prop trading got me closer to my goal of either 1. Starting my own fund or 2. Being a truly independent trader.

i eventually went to #2 but realized it's not actually that great of a life for a guy in his mid thirties.
 
Since I am too lazy to read the thread, what is the basic premise?

PS. I assume we are not talking about dividend gamma here, do we?
 
sle said:
Since I am too lazy to read the thread, what is the basic premise?

PS. I assume we are not talking about dividend gamma here, do we?
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OP did a buy write. A bunch of people in typical elite trader fashion shat all over his trade. He, in typical elite trader fashion acted like a know it all douche. I told someone that buywrites are not equivalent to shorting puts when dealing with American options.
 
newwurldmn said:
OP did a buy write. A bunch of people in typical elite trader fashion shat all over his trade. He, in typical elite trader fashion acted like a know it all douche. I told someone that buywrites are not equivalent to shorting puts when dealing with American options.
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I missed all the excitement. I guess that's for the better :)
 
newwurldmn said:
I know I don't know everything but I suspect I know more than most people and more than I think I know.
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See there you go again. You know more about the account, objective, setup and trade, than the originator. You're really funny. You mean you think you know. And i even doubt that. A master in your own mind. lol
It's hilarious when you run off on a tangent based on simple minded assumptions. Not even worth a reply.
 
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