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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (154519)3/16/2020 5:28:09 PM
From: TobagoJack3 Recommendations

Recommended By
bull_dozer
Dr. Voodoo
RetiredNow

  Respond to of 217789
 
One detail about wagering mostly w/ options is that, when done more than 1/2 right, and if keeping tendency to mostly sell (only buy to cover), the game turns out to be mostly cash flow positive, and does not require much expenditure of cash. The expenditure of cash is replaced w/ the tabling of promises that I aim to be never called or put.

The discipline regime must also include rapidly cut-loss and move on.

When put, be habitual to usually immediately short call.

The game emphasizes cash as opposed to capital gains. Do-able when there is little trading friction.

The fundamentals are still the same as stock plays. Do option cloud-atm (mostly) only on shares one does not mind holding.

Had I held many of the options to expiration, as I easily could have due to greed, inattentiveness, or bad luck, would have be the same as a shareholder during the current debacle.

Options, due to accelerated realization of gain / loss, begs for trading as opposed to holding.

But the current crash would have crater-ed all put positions easily, all at the same time. Ugly scene, rated R* for extreme violence