Might Be in Trouble: What happens when a Naked Put Expires?

[zdreg]

NOBODY sells naked equity options - except the institutions we bailed out

You may be on to something. Please explain.

 

[vanzandt]

wtf is an amateurish response.

This one as it makes no sense:

All 100% on the money


mic as in minimal inhibitory concentration

Medical Definition of minimal inhibitory concentration
: the smallest concentration of an antibiotic that regularly inhibits growth of a bacterium

I googled mic or did you mean something else?

And this one is borderline as it barely makes sense:

zdreg said:
A courtesy phone call is for amateur traders.
_________________
I mean yeah, of course it is. That's why when you tell them you're watching it it conveys 2 things.
1) you're watching it.
2) You're watching it because... you know what the fuck you are doing. quote from vanzandt

You are on the wrong thread for your response. Start your own thread and list all the downsides and offer solutions. Are you going to do it?

And if you feel like it, perhaps you should do this as you seem to be an expert on the subject:

. Another thread can have a list of differences between amateurs and professionals.

I'd wait till you come down off of whatever the fuck you're using this morning though bro. You're kinda out there today my friend. Not your usual self. It is Saturday though, so I guess you "pro's" can only fire up the dank on weekends. Good thing. Obviously.

 

[zdreg]

This one as it makes no sense:



And this one is borderline as it barely makes sense:




And if you feel like it, perhaps you should do this as you seem to be an expert on the subject:




I'd wait till you come down off of whatever the fuck you're using this morning though bro. You're kinda out there today my friend. Not your usual self. It is Saturday though, so I guess you "pro's" can only fire up the dank on weekends. Good thing. Obviously.

"If that is not the pan calling the kettle black."

 

[vanzandt]

"If that is not the pan calling the kettle black."

An amateur response.

 

[zdreg]

Take up my suggestion for a new thread. You might be helping "95,600 amateurs" assuming they read the thread and act on it. It might be your key to heaven.

 

[viruscore1]

On monday, sell call $20 strike a couple of week out for .50 cap gains and .20 call premium. About $4900 profit, if HAL closes above $20 at expiry. If not you still make $1400 call premium alone. Then repeat until called away...

 

[zdreg]

On monday, sell call $20 strike a couple of week out for .50 cap gains and .20 call premium. About $4900 profit, if HAL closes above $20 at expiry. If not you still make $1400 call premium alone. Then repeat until called away...

If somebody makes a merger offer at $30 you are out $65100. Should I suggest that ET be renamed Amateur Trader's Corner?

 

[vanzandt]

If somebody makes a merger offer at $30 you are out $65100. Should I suggest that ET be renamed Amateur Trader's Corner?

Would you chill. Lyle mistakenly assumed (obviously) he was assigned the shares.

This:

Then repeat until called away...

He obviously missed the post where the OP said he closed for $.03.

Geez Z!

 

[zdreg]

Would you chill. Lyle mistakenly assumed (obviously) he was assigned the shares.

This:


He obviously missed the post where the OP said he closed for $.03.

Geez Z!

This thread is lucky to have someone like you who recognizes other peoples "obvious "mistakes but you should have given him the opportunity to explain himself. Further you are assuming for Lyle that the OP would be happy to sit with a long position in Hal. In your scenario. if Hal should implode for whatever reason the OP could be sitting on substantial losses+ having his available capital tied up for a long period of time.

 

[El OchoCinco]

Who doesn't know what a mic drop is???

That ranks lower than newbies selling naked puts and not understanding the risks...