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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (966)1/24/2000 12:53:00 PM
From: Tom K.  Read Replies (2) | Respond to of 1235
 
...you are correct except for one thing. you missed the greatest bull market of all time. you made peanuts selling puts and missed the upside. think of what you could have made by buying calls on the stocks you mention. i did....

Taxman, I feel that you continue to criticize my trading approach for whatever reason you may have, despite all the time I've spent responding to your questions.

You've indicated that your approach has made you a million in 4 years. Again, I think that is great and I applaud you. Please understand that I am very content with my approach, albeit not as profitable as yours. My premiums for January were only $23K. February will be much better, but not as good as you indicate that you've done. If you wish to take issue with how I trade or the logic of my strategy please use some points that are relevant to my approach. Attempting to point out what could have been had I done something else is fruitless logic with me..... I'm trying to look forward.

Best of luck to you.

Tom