Earn the spread? Are you retarded. Can you give me the name and phone numbers of the MM's who are going to let me earn the spread when I put a trade on? Dude, you are a joke. I don't know anyone off the floor that earns the spread and how does legging into a position make you a piker. I guess 99% of the trading universe is full of pikers then. LMAO! Ok man, thanks for the good laugh tonight. I have to admit at least one thing, you sure are entertaining.
The Perfect Option position
- Thread starter Maverick74
- Start date
Earn the spread? Are you retarded. Can you give me the name and phone numbers of the MM's who are going to let me earn the spread when I put a trade on? Dude, you are a joke. I don't know anyone off the floor that earns the spread and how does legging into a position make you a piker. I guess 99% of the trading universe is full of pikers then. LMAO! Ok man, thanks for the good laugh tonight. I have to admit at least one thing, you sure are entertaining.
You're not fit to shine the shoes of any of the locals I know. You're implying there is edge in legging your position. What other rationale would you have for legging, to lose money you fool?
You're a parrot; regurgitating some entry-level vanilla-options texts in an attempt to derive some pathetic following on this board.
What community college did you get kicked out of?
WTF are you talking about? Dude can you even read? Please copy and paste the quote where I said there is an edge to legging into a position. I have said nothing of the sort. Do you just make this shit up as you go along? Do you like to put words in other people's mouth? Seriously, do me a favor, sit back, have yourself a cold beer, take a deep breath and re-read my posts. I don't think you have a f*cking clue.
http://www.elitetrader.com/vb/showthread.php?s=&postid=407258&highlight=maverick+legging#post407258
Maverick wrote,
"As for the immediate profit, yes, I always leg into my spreads. So in theory, as soon as I leg in I do have an immediate profit. Of course that doesn't mean much because I would lose that profit right away if I got out and paid the spread. We are talking about nickels and dimes here."
So what do I win, Johnny?
Quote from highfreq:
http://www.elitetrader.com/vb/showthread.php?s=&postid=407258&highlight=maverick+legging#post407258
Maverick wrote,
"As for the immediate profit, yes, I always leg into my spreads. So in theory, as soon as I leg in I do have an immediate profit. Of course that doesn't mean much because I would lose that profit right away if I got out and paid the spread. We are talking about nickels and dimes here."
So what do I win, Johnny?
Wait a minute here. Someone was asking me about the debit occured when I enter a trade and I stated I legged into the trade for even or for a credit. What does that prove? You moron, just because someone legs into a trade for a credit, does not mean the trade has a positive edge or positive expectation. Hahahahahahahaha.
The credit is meaningless! LOL. You could lose 10 times that credit on the trade. Are you really this dense? The credit has no baring on the expectation of the trade. LOL. Oh man, you are a riot.
What a joke. 
Dudes,
I call a truce.
Maverick, I think highfreq has alot to offer, but I think your politics and/or attitude has offended him.
Take from me. You are both really smart, and posturing here does no good.
I for one am glad that the thread was started, and that highfreq took the time to point out possible loopholes in the strategy.
nitro
I call a truce.
Maverick, I think highfreq has alot to offer, but I think your politics and/or attitude has offended him.
Take from me. You are both really smart, and posturing here does no good.
I for one am glad that the thread was started, and that highfreq took the time to point out possible loopholes in the strategy.
nitro
Don't let the door hit you on the way out.