The Beauty of Options - Portfolio Insurance at a Discount

The second greatest options trader is Karen the Supertrader. Karen is a little misunderstood by some of you pups, but ol' gal made some change during her trading time. Some of you became instant lawyers when some SEC stuff came out. I'm sure your analysis was spot on! ;)

The thing that Karen did not have is my knowledge regarding hedging. I do something similar to Karen with a couple of exceptions. I don't sell calls. In a raging bull market, why should I? I love the skew in puts, and it allows me to make more money. So, I sell puts and then I place hedges along the way to protect the portfolio. How does this work in 2020? Quite well. Thanks for asking! That's why the portfolio up well over 200% for the year.

Happy trading and Happy father's day to you dads out there!

Sweet Bobby
 
Moron,you sold a covered call to "finance" your long downside wings..The downside wings expire after your covered call...

You have a backspread on with the wings rolled out in time...

And how does one roll out in time(same strike)???

Others know what i am talking about...

You are the bottleneck:)


Sweet Bobby said:
Hey, clueless calend"er" boy, you say that I have rolled me puts out in time. I do NOT roll any position you maggot! Nice try though, acting like you know what you're talking about so others might show some minuscule level of respect for your opinion. Get back to Robinhood, son, and let the men get back to making money.
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All this dick swinging with that graph???

Down 1000 points(-37%) you make 200K???

Congrats,looks, like you put your big boy boots on and put a 2 lot on..

My apologies,you are backspread 1 x 3..Literally 1x

Piker:)







Sweet Bobby said:
Bernie Madoff never had a risk profile like this! Insurance at your back, sell a few naked puts. Take your profits. Rinse and repeat. Yawn . . .

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taowave said:
Moron,you sold a covered call to "finance" your long downside wings..The downside wings expire after your covered call...

You have a backspread on with the wings rolled out in time...

And how does one roll out in time(same strike)???

Others know what i am talking about...

You are the bottleneck:)
More...
You are the dumbest poster on this thread! I have not sold a call in 2020! Do you even know what the risk profile of a shirt call looks like? Dumbass!
 
taowave said:
All this dick swinging with that graph???

Down 1000 points(-37%) you make 200K???

Congrats,looks, like you put your big boy boots on and put a 2 lot on..

My apologies,you are backspread 1 x 3..Literally 1x

Piker:)
More...
Your ratio analysis is as deficient as your social skills. Crawl back into your mom’s basement after she nipple feeds you you blithering sloth!
 
taowave said:
Moron,you sold a covered call to "finance" your long downside wings..The downside wings expire after your covered call...

You have a backspread on with the wings rolled out in time...

And how does one roll out in time(same strike)???

Others know what i am talking about...

You are the bottleneck:)
More...
It is unnecessary to sink to his level of name calling. With every one of his posts he reveals his true character.
 
Bobby makes these forums funny af. This thread is hilarious.

Bobby, if you don't sell calls in bull markets, one would ask: would you sell puts in bear markets? And vice versa your strategy to the bear side?
 
I think Bobby is a good guy who likes to get the party started..

It's pretty obvious he posts for Sport..Always entertaining...

He takes it as well as he gives it..




zdreg said:
It is unnecessary to sink to his level of name calling. With every one of his posts he reveals his true character.
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taowave said:
I think Bobby is a good guy who likes to get the party started..

It's pretty obvious he posts for Sport..Always entertaining...

He takes it as well as he gives it..
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the thing is, it’s hard to critique his style of trading. He mocks the Karen image because of the simplicity of genius in the way Karen trades. It’s not rocket science. You take what works andtinker with it. I’ve seen so many people throw shots at the god, and all missed.

all hail Lord Roberto
 
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