What Option Strategy Do You Use?

[taowave]

So they wont set a price stop??

Show me a backtest where CSP are "the greatest money maker period relative to risk"..

Waiting.........

How many great traders do you know that knocked the cover off the ball selling puts??

I see Boy Blunder( Mr Margin) has come up with a "new strategy" not realizing its a vertical..

Most traders don't sell CSP because they can't afford assignment. CSP are the greatest money maker period relative to risk.

 

[wxytrader]

So they wont set a price stop??

Show me a backtest where CSP are "the greatest money maker period relative to risk"..

Waiting.........

How many great traders do you know that knocked the cover off the ball selling puts??

I see Boy Blunder( Mr Margin) has come up with a "new strategy" not realizing its a vertical..

There's no money in options strategies...balls to the wall calls like on Reddit maybe but they could make the same money more consistently just selling puts with little or no risk. The 800 AMZN call spread that cost 3.40 returned a PnL of 177k for instance if just sold as a CSP seller would have received 272k in premium.

 

[taowave]

Woth all due respect,you are dead wrong...

There's no money in options strategies...balls to the wall calls like on Reddit maybe but they could make the same money more consistently just selling puts with little or no risk. The 800 AMZN call spread that cost 3.40 returned a PnL of 177k for instance if just sold as a CSP seller would have received 272k in premium.

 

[ajacobson]

How many great traders do you know that knocked the cover off the ball selling puts??

Jon Jacobson at Harvard, but he was brilliant and it was pre-decimalization. Great research helped.

 

[ajacobson]

https://www.thestreet.com/personal-finance/harvard-money-manager-graduates-to-hedge-fund-722515

In 87 when vol popped he returned well into three figures, but times and hedging techniques have changed in the ensuing years.

 

[taowave]

But you cant knock the cover off the ball selling puts without leverage..

And for every Jon,there are ten Vic Neiderhoffers..

What's insane is "we" are debating with a guy who is an Elliot waver and talks about trends...

How many great traders do you know that knocked the cover off the ball selling puts??

Jon Jacobson at Harvard, but he was brilliant and it was pre-decimalization. Great research helped.

 

[zwaen123]

I do sort of diagonals, in various combinations, mainly for directional investing

 

[Zwaen]

Just found out I have a ‘double account’ apparently, will delete the ‘123’

 

[ironchef]

So they wont set a price stop??

Show me a backtest where CSP are "the greatest money maker period relative to risk"..

Waiting.........

How many great traders do you know that knocked the cover off the ball selling puts??

I see Boy Blunder( Mr Margin) has come up with a "new strategy" not realizing its a vertical..

When QQQ returned 44% in 2023 and 16.3% CAGR since 1-1-2017, I don't need backtest to tell me CSP is a money maker and a low risk money maker.

We are all genius traders in this historic bull market. The real skill is to get off the train before the train wreck which we all know is coming.

 

[taowave]

That really doesnt count

Guys who had conversions on made 100 per( as opposed to .05 today) selling the long put to Merril ..

100 conversions made you 750k -1 mil plus, depending whre you bought in the short call and sold the future..

https://www.thestreet.com/personal-finance/harvard-money-manager-graduates-to-hedge-fund-722515

In 87 when vol popped he returned well into three figures, but times and hedging techniques have changed in the ensuing years.