Option markets continue to shut down

NoMoreOptions · Apr 12, 2004

Lookin' at this statistics, no mistaken about it, it is real. Companies don't want to have options on their stocks any more.

Yeah, window lickers, right you are. I have absolutely no idea about how options work and strategies. Continue to lick my a.

freehouse · Apr 12, 2004

Quote from vega:

Maybe this guy should change his name to "NOMORETHREADS" or "NOMOREPOSTS" since he has no idea what he's talking about, and rarely makes ANY sense.

"I bought these calls, the market went up 3 weeks later, and I still lost money, this options game is rigged by the insiders."

Not a direct quote from our uneducated thread starter (I've yet to see him actually post any real situtations, instead he just blasts options), but although I do find it somewhat amusing at times, it's starting to get old.

Vega

NOMORE--Here's some free advice, buy a book about option trading, and read it before you make your next trade. If you are able to acquire even an elementary understanding of the derivatives markets you will not post such idiotic things in the future.

Vega, I think nomore misses you. Have you thought about going back to the floor?

vega · Apr 12, 2004

Quote from freehouse:

Vega, I think nomore misses you. Have you thought about going back to the floor?

I'd rather have him call me direct and I'll provide him quotes, that way I don't have to pay the $1000/mo seat lease.

Vega

vega · Apr 12, 2004

Quote from NoMoreOptions:

Lookin' at this statistics, no mistaken about it, it is real. Companies don't want to have options on their stocks any more.

Yeah, window lickers, right you are. I have absolutely no idea about how options work and strategies. Continue to lick my a.

Yeah, why would a company want to use stock options as a benefit to key employees, or sell puts on their stock to generate additional income (Dell cleaned up doing that in the last 90s), or buy puts on their competitors to offset a potential shortfall in their sector.

But the good news is you finally said something that I agree with.

"I have absolutely no idea about how options work and strategies."

Vega

gam1111 · Apr 20, 2004

I don't know very much about options but I did read that some firms that used to make markets in options on the AMEX did close up their operations for that department.

pspr · Apr 20, 2004

Quote from vega:

I'd rather have him call me direct and I'll provide him quotes, that way I don't have to pay the $1000/mo seat lease.

Vega

That's all it costs for a license to steal? :eek:

riskarb · Apr 20, 2004

Quote from vega:

I'd rather have him call me direct and I'll provide him quotes, that way I don't have to pay the $1000/mo seat lease.

Vega

No, we have an agreement; I will be making OTC markets for NMO, don't mess with another man's livelyhood

vega · Apr 20, 2004

Quote from riskarb:

No, we have an agreement; I will be making OTC markets for NMO, don't mess with another man's livelyhood

NOOOOOOOOOOOOO WAYYYYYYYYYYYYY -------

I claim the other side to all of his trades......... you just stick to launching straddles and dealing with the negative gamma:eek: and I get the hard stuff -- taking the other side of NMO's trades

Vega

freehouse · Apr 21, 2004

Quote from vega:

NOOOOOOOOOOOOO WAYYYYYYYYYYYYY -------

I claim the other side to all of his trades......... you just stick to launching straddles and dealing with the negative gamma:eek: and I get the hard stuff -- taking the other side of NMO's trades

Vega

Be careful though. He may use a Morgan Stanley floor broker to lecture you that you need to improve on your markets.