Hello, thought of putting on a bull put spread on the HUI (Amex Gold Bugs) today and was surprised to see that selling the April 325 put and buying the April ...
9005
Kurt Frankenberg
kurtfrankenberg
Mar 2, 2007 5:40 am
Not me! MY bullish expectation play is a married put. My DIA position is bulletproof, and I closed my short calls against the position yesterday. Glad I own...
9006
Bob Larsen
contrarian2222
Mar 2, 2007 5:40 am
Michael, I'm curious as to why owning premium might be fun again. "Convention al Wisdom" says selling premium is more attractive when volatility rises and...
9007
Christopher Smith
clslaw
Mar 2, 2007 5:46 am
You still don't get it. If you bought a call, you could have sold the same short call you sold against your married put. The dividend and risk free interest...
9008
Michael Catolico
karensoich
Mar 2, 2007 6:08 am
when you are long premium you are long volatility. when you are in a rising volatility environment, long vega is the place to be. it's easiest to see with the...
9009
Bob Larsen
contrarian2222
Mar 2, 2007 5:15 pm
Micheal, I apologize, my question was poorly worded. I understand the advantages of buying premium before volatility rises. What I don't understand is the...
9010
Akram Khan
akramkhan
Mar 2, 2007 6:47 pm
Chris: Kurt does have a point, for an average investor it is much easier to know in their own minds that no matter what happens to the stock they can not loose...
9011
Christopher Smith
clslaw
Mar 2, 2007 6:53 pm
It's interesting how we keep coming back to this discussion... Kurt does have a point, for an average investor it is much easier to know in their own minds...
9012
Martin Chmelik
sgholzie
Mar 2, 2007 7:08 pm
Hmm, I am not short in the SPX but I have a RUT 800/790P vertical spread, which I don't want to pay to get out. I am thinking about paying a little to roll it...
9013
Aaron Freed
freedaaron
Mar 3, 2007 12:39 am
the fun is buy premium as vol rises, selling when it lowers. also, the fun is buying mispriced premium that is vix really should have been higher because the...
9014
Ricky Jimenez
rickyjim2001
Mar 3, 2007 2:49 am
http://www.wilmott.com/messageview.cfm?catid=20&threadid=45129 I seriously doubt that Optionetics has anybody competent to teach stuff like this....
9015
Michael Catolico
karensoich
Mar 3, 2007 4:22 am
Bob nothing to apologize about (except my answer seemed a bit - unintentionally - curt). i am by nature a premium buyer (actually i like to own excess otm...
9016
Kurt Frankenberg
kurtfrankenberg
Mar 3, 2007 6:14 pm
Hi Chris! Thanks for the analysis. Without giving away the farm, so to speak, I'll just say that 1) the "bulletproof" aspect of my position is due to managing...
9017
Bob Larsen
contrarian2222
Mar 3, 2007 8:01 pm
Micheal, thanks for the details. I'm getting a pretty decent grasp of the concept from the RIMM trade. I think my biggest hangup has been the shorter time...
9018
stockrally2002
Mar 4, 2007 12:45 am
Does anyone here have experiance in commodities and can recommend a Great book for starters. Thanks John...
9019
celerypoo
Mar 4, 2007 2:21 pm
Before the decline I bought two April Bflys...my call fly was 1470/80/90. I can manage the put fly since the market went down. My call fly since its(now) so...
9020
celerypoo
Mar 4, 2007 2:27 pm
I wonder if they will bring that seminar to the US? Hey Ricky would you keep us up to date if they do? :D donna...
9021
Michael Catolico
karensoich
Mar 4, 2007 4:05 pm
Donna, depends on a couple of things: how closely you monitor the market and how much risk you are willing to take. option 1 - just eat the loss. you might be...
9022
celerypoo
Mar 4, 2007 8:32 pm
Thanks, I like 2b as well. I had planned on doing nothing but then realized I should have a plan if the market does make some attempt to recover. I do watch...
9023
James Paker
jamesbparker999
Mar 4, 2007 9:25 pm
As I am based in the UK, it is very tempting to sign up for the course in London......I will let you guys know what I think if I do go .... Anybody thinking of...
9024
Rajagopalan J
j_rgopalan
Mar 6, 2007 6:41 am
Dear Michael Some basic questions as novice in Red color let's say a stock is trading at 80 and you are long the 80 straddle (long one 80 call and long one 80...
9025
Michael Catolico
karensoich
Mar 6, 2007 11:45 am
see my comments... ... [mc] hypothetical example: stock at 80, iv at 33% 30 days to expiration. open with a long straddle (+1 80c/+1 80p) for $6. this...
9026
hlp
hlpsg
Mar 6, 2007 5:02 pm
Just an idea I wanted to throw out there. For income traders who trade neutral strategies and whose main risk is delta/gamma risk (underlying moves a lot), is...
9027
Eric Fernandez
ericfernandez
Mar 6, 2007 6:26 pm
I like the concept. I've thought about combining trend following strategies for futures like currencies, bonds, and petroleum products with stock index income...
9028
Todd Clark
todclark
Mar 6, 2007 9:21 pm
A week or so, I posted looking for a way to get past and future earnings dates into Excel automatically. Well, I was able to find a free Excel add-in that...
9029
Rick
rick8work
Mar 6, 2007 10:04 pm
Any way you can upload that excel addin to our files section here? Rick ... earnings ... but ... any of ... moneycentral.msn.com ... smf_addin...
9030
Todd Clark
todclark
Mar 6, 2007 10:39 pm
The developer of the tool told me it was fine to refer to his tool and his group, however, he didn't grant me permission to post the file. Sorry....
9031
billb_
Mar 7, 2007 1:40 pm
"So in the case that the market moves a lot in one month, I lose some money in my income strategies, but I make it back in the alternate strategy." Wow!...
9032
David Newell
ycantweallge...
Mar 7, 2007 1:40 pm
I have been successfully trading S&P Iron Condors for about two years. But I have been growing disenchanted with my current broker. I noticed in the forums...
9033
David Newell
ycantweallge...
Mar 7, 2007 1:41 pm
Hi All, New guy on the block with the Option Club but with two years experience in trading S&P Iron Condors. Having some bad experiences lately with my...
