taxman...."listen to taxman....buy options...don't sell" "gospel"
how does one with limited market experience as you, boast with such conclusive arrogance, that "your" way is the "only" way...leave such a forum open to discussion of all ideas, as empirical data will show that the "seller" wins more then the "buyer"....how else do you explain the ability of the "seller" with a fair size portfolio, and good capacity to post mid five to low six figure "income" per month, year in and year out for a time period, longer then you have been in the market? there is skill involved in options, more the just following value line... i sell, but i also buy...e.g. long dell mar 50's at 5/16 with common at 45, due to momentum change and upside reversal...$31 returns $600 in a little over a week...
keep an open mind, don't be so anal, and you will get respect from those who are knowledgeable of both sides of the trade.... |