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My OPTION TRADES..... part 2
- Thread starter Put_Master
- Start date
Don't worry too much about the language of atticuss-ese.
Basic math is all that's needed to properly evaluate the big picture, of which trade was a better overall situation to be in, when evaluating "all aspects" of the trade, of that $100,000 account.......
"Oh yeah. AAPL at 640 at Sep exp. Spread loses 4,440. Put loses 1,250".
Apparently basic math is not taught in Fantasy Land.
Basic math is all that's needed to properly evaluate the big picture, of which trade was a better overall situation to be in, when evaluating "all aspects" of the trade, of that $100,000 account.......
"Oh yeah. AAPL at 640 at Sep exp. Spread loses 4,440. Put loses 1,250".
Apparently basic math is not taught in Fantasy Land.
Because people are fasinated by the language of atticus-ese.Quote from atticus:
The important question is why do more people have PM on ignore than moi?
I believe it was first created in the 16th century, and has remained essentially unchanged and unspoken all these many thousands of years.
Modern scholars have studied the ancient language, but have only been able to decipher bits and pieces of the mystery thus far.
So now we are evaluating spreads at the shit spot?
Quote from Put_Master:
Don't worry too much about the language of atticuss-ese.
Basic math is all that's needed to properly evaluate the big picture, of which trade was a better overall situation to be in, when evaluating "all aspects" of the trade, of that $100,000 account.......
"Oh yeah. AAPL at 640 at Sep exp. Spread loses 4,440. Put loses 1,250".
Apparently basic math is not taught in Fantasy Land.
It's one of the main criteria's I look at before comparing and initiating any investment.Quote from taowave:
So now we are evaluating spreads at the shit spot?
That being, what is the likelihood of something naughty happening to my trade, and what is my plan "B" if it occurs.
The Plan "B" alternative for that AAPL spread at that strike really sucked.
Hence I don't put myself in a position to get spanked.
If you prefer to worry about the potential downside of a trade, only after it occurs, good luck with that.
I believe that attitude is what killed off those extinct spread traders who are no longer with us.
R.I.P
http://www.flixxy.com/trumpet-solo-melissa-venema.htm
Apparently you didn't know Atticus in his prime.Quote from taowave:
Face it,hes apx 30x more efficient at pissing people off than you(apx post ratio)...
These days, he's just a sweet mellow pussy cat, compared to when he was king of the jungle. You didn't want to be seen or herd, when he was marking his territory back then.
GRRRRR!