I told you guys...closing positions for a loss is for fools.

You are good,except it doesnt appear the stock traded at 14 or below,so you couldnt have been ITM by 4 bucks..14.78 was the low..

When did you sell these bad boys?

I'm guessing on 2/27 with the stock trading as high as 23.45,right before it cratered 35%..





Who are you guys referring to? I just posted a trade everything took off from there.
 
You are good,except it doesnt appear the stock traded at 14 or below,so you couldnt have been ITM by 4 bucks..14.78 was the low..

When did you sell these bad boys?

I'm guessing on 2/27 with the stock trading as high as 23.45,right before it cratered 35%..

Well close to $4, with the IV I was down around $1200. I even double dipped :)

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one of the most accomplished vol guys on this site got blocked by a guy who thinks leg prices on a spread affect pnl.

this thread is a joke. Its value is entertainment like watching Talk Soup.

a bunch of losers who wouldn’t know a good options trade if it was presented to them with a two page summary of how it worked.
Can you recommend a better site? Please
 
Sit down @schizo, you grasped nothing... :)
Read the diversification part again... Link in one of the prev postings...
Man, you, and some others here, seem to have no clue about these important facts about trading... :)
And you call yourself profi, elite?... Lol!
I dunno what kind of Kool-aid you've been served lately, but no amount of diversification will help you when the market is tanking 5% a day (and stocks usually fare far worse than that). That's the typical scenario for a bear market.

Listen, I ain't here to preach to the choir. It's your money, so do whatever you damn well please. :)
 
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