Buying calls for a living and arguing with derivman

Quote from A Dashing Blade:

Please tell me you were being ironic!

Indeed I was. We all know it's textbook Internet scamming: Plant the idea that 1) You're open to PMs and 2) Other people have done it so you are not alone.

Thankfully, this thread is coming to an end. He's been "outed", debunked and discredited.
 
"Protective straddles" from our friend Derivman:

Footsie

RE: EXOTIC SCALPER JAN 6075 PROTECTIVE STRADDLES

Filled. 6075 JAN SHORT straddles Got 114.5 for Calls and got 95.5 for PUTS = 210 [3 lots]

Bought the 6125 CALLS at 87 [3 lots]

210 - 87 = 123 x 3 = £3,690 received from MMkrs

Options are priced at £10 per point.

Target is £1,500+ short term scalping profit.


:p
 
Quote from A Dashing Blade:

Please tell me you were being ironic!

Actually, this thread is far funnier if you put Derivman on ignore and try to deduce what rubbish spews forth from everyone else's replys. :D

Actually, this thread also makes far more sense if you put Derivman on ignore . . .
 
Quote from Derivman:

My Dear TraderMojo. In case you have not noticed I am a newbie. I am in no position to give advice to anyone. It is a pity that some of you do not adopt the same approach. With that, I would also like to thank all those who have contributed to this thread, yes TraderMojo, even you and the others that try to hinder my progress. I am willing to forgive and forget. Cheers.
Derivman

I have never seen such a crybaby wander onto this forum.

You keep threatening to report people to the moderators like you are a 5 year old child. Grow up.

I vote with those that you are a troll or a spammer.

Go ahead, "report us."

Sheesh
 
Quote from atticus:
"Protective straddles" from our friend Derivman: :p
This trade came straight from the mouth of derivman's Secret Sensei! How dare you laugh!! Don't make mockery of the Sensei or you shall suffer the eternal torment of being reported the mods!!! As you are very well aware atticus...once you get banned from ET, you can never return :D

Besides, the example trade was probably in coffee. It wouldn't need any long puts. 1 billion frappacino guzzling chinese is all the protection this trade needs.
 
Quote from jeffm:

This trade came straight from the mouth of derivman's Secret Sensei! How dare you laugh!! Don't make mockery of the Sensei or you shall suffer the eternal torment of being reported the mods!!! As you are very well aware atticus...once you get banned from ET, you can never return :D

Besides, the example trade was probably in coffee. It wouldn't need any long puts. 1 billion frappacino guzzling chinese is all the protection this trade needs.

4) Unlimited risk and UNLIMITED GAINS! :p
 
Quote from atticus:



Number 4 has piqued my interest. Been racking my brain on that one.

Pair trading?

Please don't tell Don or we will have to endure yet another prop shop virtues thread.
 
Quote from rallymode:

Pair trading?

Please don't tell Don or we will have to endure yet another prop shop virtues thread.

Unlimited commission losses. ;) Awaiting an example of unlimited loss/unlimited gain.
 
Quote from atticus:

"Protective straddles" from our friend Derivman:




:p
Are you saying he is NOT a newbie? And that he is pretending to know very little about options? Surely that warrants an immediate ban from ET! :mad:
db
 
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