Buying Naked Calls

Overnight said:
I be a bit confused also...Isn't an equity index option, a futures option?

Wait, no...I think I know this...An option on an equity index is like SPY or something? Or is that SPX?
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SPX would be an Alts Index. SPY would be one of the Equities Indices
 
jamesbp said:
#1 Karen is a fraud ... yet Sosnoff still uses her to promote his business
#2 Sosnoff got people banned as members of ET for criticising him, TastyTrade and his love-fest with Karen
#3 Sosnoff ( and TastyTrade generally ) claim to have 'discovered/invented' trades like the 'Jade Lizard' ... which are simply another name for existing strategies ... or concepts that were provided to him by others ... like estimating the expected move as 1.25 ATM straddle price
#4 Sosnoff claims to make a living as a retail trader ... but provides no evidence or track record of doing so ... and almost all of the new option traders that he personally trains ... seem to blow up or lose money

Other than that ... he's great entertainment
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Sosnoff still using Karen to promote his business? Where? The only time she was featured again on tastytrade after what happen to her was on "Geeks On Parade" tour and she spoke briefly, other than that she hasn't been on the show at all, and when Sosnoff/Tony does speak about her they aknowledge her allegations and still talk positive about her, theres no need for negative energy bruh.

Sosnoff never claimed to discover/invent the jade lizard.. It was Liz & Jenny who came up with the name because they for some reason aren't aware theres another term for it.

I don't think Sosnoff ever claimed the make a living as a retail trader... I've been watching TT for 5-6 years and never heard him claim this.. Where are you getting all these lunacy ideas dude? lol

Your last statement is the only one with some merit, yes Sosnoff is very entertaining..

I'm not trying to defend TT but when dudes come out the woodworks with these type of statements I need to address it, it seems like a personal problem more than anything.
 
RaVar, it's an equity index option..
The term equity describes what type of index it is,or what it's comprised of...."Equity option on an index" describes your lack of understanding of the basics...

My apolgies in advance if this is a language thing,I.e. English your second language..
 
taowave said:
RaVar, it's an equity index option..
The term equity describes what type of index it is,or what it's comprised of...."Equity option on an index" describes your lack of understanding of the basics...

My apolgies in advance if this is a language thing,I.e. English your second language..
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I donate my time to teach ESL in Tahoe.
 
destriero said:
He'd have to agree to it. He can trade sim if he needs to.
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*whine* Does it HAVE to be in options?

If it does, I'm going to throw a dart at a dartboard here, and buy a "naked call".

Buy me one call on Boeing, expiry in 6 months, and I think the stock will be up 30% from where it is now. I mean, jeez people, I told you months ago Boeing was not going to go away just because 2% of their fleet got grounded.

So buy some SUPER OTM call for pennies, make it outrageous? Is that right? Or do I sell someone a ITM put here for 6 months out at the current price? (Don't poke me too hard, all I know is simpleton stuff like futures.)
 
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