GE Put Options

Of course a stock can't go negative, so, technically, the risk is limited. All risk profiles on selling naked puts are listed as "unlimited." You're at 20:1 risk, if that's not close to 'unlimited" I don't know what is. To argue that it was a "great trade" is retarded.

At least you understand that the only institutions that would allow it went debit.

Truly my last post.
 
Quote from SmithTheTrader:

So you are the one that sold me $5 put ? Thanks ! :D

I see the GE puts are at $1/contract today. I just want to thank you for buying my puts and taking the opposite side of my trade. I'll be sure to think of you when I'm travelling around Italy and France this summer and spending some of the $50,000 that you gave me.
 
Quote from Vinny1:

I see the GE puts are at $1/contract today. I just want to thank you for buying my puts and taking the opposite side of my trade. I'll be sure to think of you when I'm travelling around Italy and France this summer and spending some of the $50,000 that you gave me.

Enjoy the money while you can.

People with your arrogance and non-understanding of risk do not have bright financial futures.

Happy traveling.

Mark
 
Quote from Vinny1:

I see the GE puts are at $1/contract today. I just want to thank you for buying my puts and taking the opposite side of my trade. I'll be sure to think of you when I'm travelling around Italy and France this summer and spending some of the $50,000 that you gave me.
Dude, you could've made your $50k for traveling around Italy and France by putting your 1 million in a muni-bond fund instead.
 
Quote from heech:

Dude, you could've made your $50k for traveling around Italy and France by putting your 1 million in a muni-bond fund instead.


If he actually had a million laying around LOL
 
Quote from heech:

Dude, you could've made your $50k for traveling around Italy and France by putting your 1 million in a muni-bond fund instead.

How would I make a 5% return in 2 1/2 weeks in a muni bond fund?
 
Quote from dagnyt:

Enjoy the money while you can.

People with your arrogance and non-understanding of risk do not have bright financial futures.

Happy traveling.

Mark

I have been trading stocks and options for 14 years successfully. I know what I'm doing.
 
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