You know I try to be nice and help.... but people like you putty man just know it all... you are just the type to believe so much in your strategy you won't even believe that your dead when you are.... I sometimes wonder why anyone comments on your thread because all you do is turn every comment of yours into a credit spread over leveraging bash fest to further the belief in what your doing is right.... you are no professional options trader... you are a stock picker.... there is a hedging element in options you don't use and you don't know anything about managing a large book of options... I know I can learn nothing from you except for how to be difficult... which I already know how to do quite well..
My OPTION TRADES..... part 2
- Thread starter Put_Master
- Start date
You know I try to be nice and help.... but people like you putty man just know it all... you are just the type to believe so much in your strategy you won't even believe that your dead when you are.... I sometimes wonder why anyone comments on your thread because all you do is turn every comment of yours into a credit spread over leveraging bash fest to further the belief in what your doing is right.... you are no professional options trader... you are a stock picker.... there is a hedging element in options you don't use and you don't know anything about managing a large book of options... I know I can learn nothing from you except for how to be difficult... which I already know how to do quite well..
+1
Contrary to your believe, I'm not here to teach those who know more about options than I do, about options. And I think that pretty much covers everybody.
I'm here, as the thread name suggests, to share and discuss option trades. And that is what I do.
Do you?
And while I'm here, I'm also attempting to warn the more novice type traders, about the actual risks they may be incurring via credit spread type trades.
I realize it's redundant for the regular readers. Don't you think it's also boring, redundant and time consuming for me as well?
But I usually only bring it up in the "context" of answering someones question or statement about the topic, either directly or indirectly, such as a discussion about risk, or about my shared trade, ect...
I forgot who, but someone today, or more than one person, made a risk comment about my recent, or my pending JOY or CAT trades.
I'll use Danshirley as an example. He had absolutely no idea he was even on leverage. Let alone MASSIVE leverage. He denied it for weeks.
Other traders also expressed similar statements of denials.
I'm please to say I did a good job of informing and warning them..... even though they did not appreciate my efforts at all. But i don't do it for the appreciation of "mystery" people i don't know and will never know.
The real question is.... why was it just me?
Why have YOU not stepped up and also warned them, and shared such useful info with them?
Why have YOU not backed me up?
I think ATTICUS is the only one who told them the truth.
Has it occured to you that if others, like YOU had also warned them and also told them the truth, and backed me up, I would not need to discuss it so much? It's not surprising some don't believe what I'm warning them about, when folks like YOU ridicule the notion.
And so it results in even more posts from me to counter the ridicule.
Frankly, I think the stuff I share on this thread, is a lot more useful to readers than a lot of the stuff you share here.
I'm here, as the thread name suggests, to share and discuss option trades. And that is what I do.
Do you?
And while I'm here, I'm also attempting to warn the more novice type traders, about the actual risks they may be incurring via credit spread type trades.
I realize it's redundant for the regular readers. Don't you think it's also boring, redundant and time consuming for me as well?
But I usually only bring it up in the "context" of answering someones question or statement about the topic, either directly or indirectly, such as a discussion about risk, or about my shared trade, ect...
I forgot who, but someone today, or more than one person, made a risk comment about my recent, or my pending JOY or CAT trades.
I'll use Danshirley as an example. He had absolutely no idea he was even on leverage. Let alone MASSIVE leverage. He denied it for weeks.
Other traders also expressed similar statements of denials.
I'm please to say I did a good job of informing and warning them..... even though they did not appreciate my efforts at all. But i don't do it for the appreciation of "mystery" people i don't know and will never know.
The real question is.... why was it just me?
Why have YOU not stepped up and also warned them, and shared such useful info with them?
Why have YOU not backed me up?
I think ATTICUS is the only one who told them the truth.
Has it occured to you that if others, like YOU had also warned them and also told them the truth, and backed me up, I would not need to discuss it so much? It's not surprising some don't believe what I'm warning them about, when folks like YOU ridicule the notion.
And so it results in even more posts from me to counter the ridicule.
Frankly, I think the stuff I share on this thread, is a lot more useful to readers than a lot of the stuff you share here.
Put_Master claims to not be a master at selling puts.
SellIndexVol says he doesn't trade options.
diaoptions has only options trades on his watchlist.
It seems most people who have finance terms in their handle have much less experience than their handles imply.
Just an observation...
SellIndexVol says he doesn't trade options.
diaoptions has only options trades on his watchlist.
It seems most people who have finance terms in their handle have much less experience than their handles imply.
Just an observation...
Arrogance and more assumptions...
If you must know, i trade the vix futures curve for a living..I have put my performance on this site more than any single member of et..unlike so many of you guys.
i have and still do trade options in complex strats past and present..related to my equity basket. I have nothing to prove here..just trying to help...
Okay. Must have misinterpreted your post.
omg..if you guys spent more time on perfecting some kind of edge over finding imperfections in posts..you would make my kind of money..well not that much but something at least.
i don't trade them anymore as a main strat, but i have before and done well..i just do much better in something else now.
Sold puts on $40 JOY for Jan
Credit $1.95
Annualized % return..........13%
otm safety cushion.... 22%
5 year chart shows support $40 - $42
http://finance.yahoo.com/q/bc?s=JOY&t=5y&l=on&z=l&q=b&c=
Credit $1.95
Annualized % return..........13%
otm safety cushion.... 22%
5 year chart shows support $40 - $42
http://finance.yahoo.com/q/bc?s=JOY&t=5y&l=on&z=l&q=b&c=