Chris....Please STOP your lengthy justification of HOW you wish to run the website...do NOT play into the petty jibes of a few malcontents claiming to be so...
18564
rick8work
May 1, 2010 1:29 pm
Chris... What TraderKip said. Rick...
18565
Vik
vikas_basantani
May 1, 2010 5:45 pm
Based on Michael's request, here is the risk graph for those who are following this thread: [image: 0002 01-May-10_Vikas.jpg] Michael, your numbers are pretty...
18566
JP
jamesbparker999
May 1, 2010 5:46 pm
Michael Unfortunately, I cannot provide a graph for a couple of days as we have a long weekend here in the UK; but it may be easier to follow if you bought the...
18567
Tom Mosher
inertia_trader
May 1, 2010 5:46 pm
Bravo, Chris!...
18568
Dennis Alverson
dgawork
May 1, 2010 5:46 pm
Very well stated, Chris. You're right, that's what makes this group so valuable to so many retail traders. The honest and open debate is the only to grow as a...
18569
wingman_extreme
May 1, 2010 5:48 pm
List, I found the "Radio Active" seminar and and Kurt's "Trade Simulator Tool" interesting. I have been mulling over a couple of somewhat related scenarios...
18570
Mike Cleveland
mikeandjody1996
May 1, 2010 5:48 pm
I for one really appreciated Chris' lengthy "justification", showing why he had certain people on, etc. ________________________________ From: rick8work...
18571
srj3inc
May 1, 2010 11:57 pm
Charles, Thanks for your reply. Not sure why you think it was not a point for discussion. If you have read Chris's "lengthy" review of the RAT, it was very...
18572
praesto12
May 1, 2010 11:57 pm
Have any of you guys created your own LLC to trade under?  ________________________________ From: Vik <vikas.basantani@...> To:...
18573
john sheldon
johnlsheldon
May 2, 2010 2:49 pm
I trade under an LLC & have a corp that manages the LLC to obtain more tax benefits. John S To: OptionClub@yahoogroups.com From: Praesto12@... Date: Sat,...
18574
Jeff
loebjm
May 2, 2010 2:50 pm
yes From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of praesto12 Sent: Saturday, May 01, 2010 3:16 PM To:...
18575
Mike Cleveland
mikeandjody1996
May 2, 2010 9:12 pm
Can you please tell us how/where you set this up? Thank you. ________________________________ From: john sheldon <johnlsheldon@...> To:...
18576
rvd
rvdidit
May 3, 2010 1:09 am
Do you mean an LLC taxed as a C corp??? A tax lawyer recommended this to us, but then spoke to an accountant who had no idea what that meant... Puzzled now ...
18577
Ricky Jimenez
rickyjim2001
May 3, 2010 3:16 am
A small quibble here. The 45-65 box's bid/ask is 19.68/20.35. If you could get it for $20 then the P/L expiration graph of the simplified position would be...
18578
mcatolico
karensoich
May 3, 2010 3:33 am
Right. Even though this is a mock trade, I still try to stay relatively true to market conditions/reality. Though the box would turn the core position into a...
18579
Ricky Jimenez
rickyjim2001
May 3, 2010 4:10 am
I got 15.75 credit instead of 16.15 for the put spread modification below. While I think I understood the condor, with its $3.20 ($3.60?) risk, I almost fell...
18580
Jack
switch1947
May 3, 2010 11:53 am
A LLC is essentially a corporation, although some may ‘choose’ to file as a partnership. A corp would file a 1120 or 1120S tax return. A C corp files an...
18581
JP
jamesbparker999
May 3, 2010 6:49 pm
Ricky It's not a quible, if you cannot buy the box for $20.00 or less, then you simply wouldn't do it, but it doesn't prevent you removing the box mentally,...
18582
Nick Horowitz
nahorowitz
May 3, 2010 6:49 pm
Call Robert Green www.greencompany.com Or check out the list of trader CPAs in the Links section of this group. ... From: Mike Cleveland...
18583
janet_earnest
May 3, 2010 6:50 pm
I'd strongly suggest you check out the profitablity of this before proceeding. It may be profitable for some but it certainly wasn't for me. I'll share my...
18584
Joey Huckabee
naguse
May 3, 2010 7:40 pm
Thanks Janet for your story.... Â For all that have been posting to this thread... it is two separate entities -> a C-Corp than is the managing partner in an...
18585
Mike Cleveland
mikeandjody1996
May 3, 2010 9:41 pm
I'm sorry this happened to you, Janet, but thank you for passing along your experience to all of us. Much to be cautious about here, for sure. Thank ou again. ...
18586
john sheldon
johnlsheldon
May 3, 2010 9:45 pm
Joey & Janet, Your absolutely right this set up is not for everyone but you do need to be sure your getting your information from a reliable source, and that...
18587
mcatolico
karensoich
May 4, 2010 1:08 am
I thought I pulled last b/a and got the 16.15cr. at any rate, the condor has only $0.11 risk (with your prices that would be $0.51 risk).with the ladder the...
18588
Ricky Jimenez
rickyjim2001
May 4, 2010 1:42 am
On Mon, 3 May 2010 20:08:42 -0500, "mcatolico" ... That gamma leverage is what is hardest for many people, me included, to understand. It is clear that the...
18589
mcatolico
karensoich
May 4, 2010 2:03 am
The easiest way to see how gamma works is to just look at the prices of the same ladder (or backspread) setup if the underlying were to move down a strike. For...
18590
Ricky Jimenez
rickyjim2001
May 4, 2010 2:50 am
I agree with you James. Adding the 145-165 box, 145c -165c +165p -145p to the guts condor 140p -145c -165p +170c gives the more "user friendly" iron condor...
18591
mcatolico
karensoich
May 4, 2010 2:52 am
Update 5/3/10 Bounce back on GS today to close near 150. Volatility retreated accordingly. So on another 5 point or so move, will look to see if an adjustment...
18592
rvd
rvdidit
May 4, 2010 3:37 am
I heard somewhere that asset protection really depends on what insurance you have. You arent really protected any more being a corp because they can get the...
