I just got an assignment...HELP
- Thread starter maae10
- Start date
you might be ignorant and arrogant and in denial, but today is the luckiest day of your life, because you are about to learn what is a Black Swan Event.
http://www.gladwell.com/2002/2002_04_29_a_blowingup.htm
Selling calls at the lower strike price would have halved your transaction costs.
Use Google Images for my handle..............Cygnus Atratus, I exist, l may be a 50 Sigma event but l exist, never ever deny my presence.
On a serious note l strongly suggest you stop trading until you know things like settlement procedures,transaction methods and what you are actually trading. I know its kinda cool raking it in but you really need to have a clear picture of how the transaction moves and your overall risk.
Ignore it and l may come back....
On a serious note l strongly suggest you stop trading until you know things like settlement procedures,transaction methods and what you are actually trading. I know its kinda cool raking it in but you really need to have a clear picture of how the transaction moves and your overall risk.
Ignore it and l may come back....
The guy had a question...he did not understand. I have never brought myself to the point to trading options on my own. I use advisories or friends to help me.
So you are all correct...but put yourself in the thread posters shoes...he came here, to ET, for help.
Michael B.
So you are all correct...but put yourself in the thread posters shoes...he came here, to ET, for help.
Michael B.
Unfortunately, no she has not. See my earlier post for evidence of this fact if the rest of the thread was not already enough.
Making money for some is completely accidental. There are lapses in the OP's judgment that are obvious to anyone with some experience trading options. The good news is that we all have to start somewhere, and here is as good as any.
Three years trading w/o an understanding of assignment mechanics/risks is really unacceptable. Not to berate, as I've known option traders who can't derive synthetics after many years of trading options.
It's also obvious that this CYOF twit has flatlined. No electrical activity.
Three years trading w/o an understanding of assignment mechanics/risks is really unacceptable. Not to berate, as I've known option traders who can't derive synthetics after many years of trading options.
It's also obvious that this CYOF twit has flatlined. No electrical activity.
This thread is nothing if not entertaining. The OP pleads for "HELP", and receives the best advice from well-intentioned, if not the most delicate, of observers and then berates them for their callousness.
If there isn't, there should be, a name for the "Damsel in Distress" complex
The plea for help may have been much louder had the OP sold 1000 90 puts and the stock dropped to 80. But she didn't, she knows what she is doing, playing you like accordions.
If there isn't, there should be, a name for the "Damsel in Distress" complex
The plea for help may have been much louder had the OP sold 1000 90 puts and the stock dropped to 80. But she didn't, she knows what she is doing, playing you like accordions.