Option selling for premium

I would be very careful with tastyworks. It can provide very misleading and one sided information. Anyone who claims that selling premium is the only way to make money with options is a huge red flag.

Here is an example of one of their "quality" studies:
Buying Premium Prior To Earnings - Does It Work?
I’ve been careful for almost 7 years. On track for 27% gain this year. Wait, the big February drop didn’t wipe you out? Nickels in front of steamroller assholes? I love y’all!
 
I’ve been careful for almost 7 years. On track for 27% gain this year. Wait, the big February drop didn’t wipe you out? Nickels in front of steamroller assholes? I love y’all!
Oops.. sorry for hurting your feelings. I know that Sosnoff fanboys are super sensitive. Did you have a chance to read the article I linked? You should.

No, February didn't wipe us out - in fact, our model portfolio was up 3.7%.

But LJM fund and many others who used tastytrade methods were less fortunate.

 
I’ve been careful for almost 7 years. On track for 27% gain this year. Wait, the big February drop didn’t wipe you out? Nickels in front of steamroller assholes? I love y’all!
Here is your supporting chart as long as you don't leverage too much:

upload_2018-3-5_17-8-26.png


From https://www.optionseducation.org/co...onal/research/oic-buy-write-strategy-full.pdf
 
Oops.. sorry for hurting your feelings. I know that Sosnoff fanboys are super sensitive. Did you have a chance to read the article I linked? You should.

No, February didn't wipe us out - in fact, our model portfolio was up 3.7%.

But LJM fund and many others who used tastytrade methods were less fortunate.

As far as I know, LJM doesn’t trade according to tastytrade. Why would you assume such a thing. You have no idea how I trade but you could learn a thing or two. Tastytrade got me in the trading game. Now I am a master!
 
As far as I know, LJM doesn’t trade according to tastytrade. Why would you assume such a thing. You have no idea how I trade but you could learn a thing or two. Tastytrade got me in the trading game. Now I am a master!
LJM preservation and growth Fund was selling naked options. Exactly what tastytrade advocates.

Do you homework Mr. master.

And yes I'm learning everyday. But not from Tom Sosnoff. The guy is refusing to provide his track record for years. So much for transparency.
 
LJM preservation and growth Fund was selling naked options. Exactly what tastytrade advocates.

Do you homework Mr. master.

And yes I'm learning everyday. But not from Tom Sosnoff. The guy is refusing to provide his track record for years. So much for transparency.
Capitalize Master, you idiot! Provide your track record, please? Ha! Our not even successful, are you? It’s okay lil boy. Carry on, loser!
 
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