The #1 Skill In Selling Options

[SavedByTheBell]

I look forward to reading a list where you are considered a valuable poster on this site.

You and the old Taco Bell are valuable posters? Why don’t you walk us through a “Real Trade”? No? then take your thetas and shove them. Don’t forget gammas. While you are at it, shove some vannas and vommas too. Speed, color etc maybe too much for you.
In fact, it’s a challenge for any of you veterans. Show me a real trade, how it’s done the right way, either here or by private message to me and I will publicly accept that you guys are the real deal and noobs should listen when you talk. Any takers, eh Teco bell? I guess, he can’t see my messages anymore. Coward! That’s how bullies are. One guy stands up and they run.

 

[taowave]

Sorry about that.Hopefully it was small...Biotech is a tough trade,especially without being plugged in...

I got crushed today on TCDA. Sold the $5 put, which expires on 18th november, some weeks ago for $2,25. Underlying price was at $12. Nice premium received. But in hinsight it was a poisened gift. TCDA crashed today 94%. Options are in the money. TCDA is priced at $0,60! Options price is now $4,40. But option wasn´t executed yet. For me it makes no sense to buy the puts back. I am waiting to get the shares and hope for a rebound. I will never ever sell naked puts on biotechs again. This is what i learnt from this story.

 

[SavedByTheBell]

Sorry about that.Hopefully it was small...Biotech is a tough trade,especially without being plugged in...

See, it wasn’t hard. That’s how you talk, Taowave.
So, are you the real deal?

 

[Baron]

@Baron, are you just going to let this continue and let these bullies beat up every new guy who dares to voice his opinion, claiming to be helping him?

Yes.

 

[SavedByTheBell]

Yes.

So, you are an enabler, eh? Ok, keep this post for the record. Don’t delete it.

 

[spy]

One guy says he was there during 87 crash. He must be over 80

 

[Overnight]

So, you are an enabler, eh? Ok, keep this post for the record. Don’t delete it.

Let's also keep on record the fact that your very fist post here in July, you called me out by coming down on stupid noobies. You would not know that unless you have been lurlng this forum for a very long time under a different username, since you joined the forum in July. So what previously-banned poster are you?

 

[Baron]

So, you are an enabler, eh?

Yeah, I enable personal growth and development, and that will often manifest itself by allowing a newer member to navigate the abrasive questions and comments from older and more experienced members. There's nothing in the world wrong with that. This isn't Elite Kindergarten.

 

[destriero]

Delta?? LOL Gamma determines how fast delta changes when shit hits the fan. Who the fuck cares about delta anymore?? Everything is dynamic! Whatever strikes that you used in your original option position according to delta all go out of the door!

What's the gamma of a 100D call?

 

[Overnight]

What's the gamma of a 100D call?

@TheDawn Be very careful with your answer here. I know dest, and he is baiting you, and you will fall for it because you do not seem to understand options like he does.

To proclaim "Who the fuck cares about delta anymore"...So you are saying that that greek should just get thrown out of the Black-Sholes model?