Sorry I should've made myself more clear. everyone here knows that I am a big derivatives advocate and many know that I've been throwing the BS flag on optionetics for quite some time. So you and I are in aggreement.
I was just saying that the name dropping is one of the least misleading things that they do. They can say that Buffet uses options because he does, even though he professes not to. When it comes down to it, value investing benefits from the use of derivatives more than most other strategies. It would be a guess, but I would say that Cramer prob uses them too, despite what he says. He has a history of using options and I don't see the logic in not using them anymore. of course he is not going to promote the use of derivs on his show, because we would all critisize his wrecklessness.
When it comes down to it, the guys at optionetics are tremendous salespeople/businessmen. I personally don't prefer to conduct business on those terms, but they have made a grip of money and I don't think Fontanills feels bad at all about all the money he's made from is half truths.
Also, in regards to "Options Course":
I would caution readers. Take it with a grain of salt and realize that it was written for a period like the tech bubble. During those times gamma scalping is really easy. My biggest problem with the book is that he oversells the strategies, and doesn't fully explain the PnL mechanics.
