Fedup
Thinks s/he gets paid by the post
I’m guessing obviously. But I checked the sp500 voo April 2019 220, it went up to $3.20 today. From $2.20, almost 50%.
I’m guessing obviously. But I checked the sp500 voo April 2019 220, it went up to $3.20 today. From $2.20, almost 50%.
No, it’s per share. But I’ve heard he spends $2 something for breakfast. Not even $3. But the best part is his wife doles out that to him daily if I recall.I think $3.20 more than covers "Buffets" daily breakfast bill at Mcdonalds!
I’m guessing obviously. But I checked the sp500 voo April 2019 220, it went up to $3.20 today. From $2.20, almost 50%.
And it will go to zero if SPY is above 220 in April.
Without a Crystal Ball™, it just seems like guesswork, and the other side of the trade is guessing as well.
-ERD50
No, it’s per share. But I’ve heard he spends $2 something for breakfast. Not even $3. But the best part is his wife doles out that to him daily if I recall.
I think $3.20 more than covers "Buffets" daily breakfast bill at Mcdonalds!
No, it’s per share. But I’ve heard he spends $2 something for breakfast. Not even $3. But the best part is his wife doles out that to him daily if I recall.
He must not have an Ikea nearby. Breakfast there is only $1, and if you have an Ikea member card, you also get a cup of coffee free.
This reminds me that it's been a while since we were at Ikea, and it's only a few miles from us. Time to go again.
I don't care what anyone says - good job Running_Man.
Can you explain to me how that's a good job? You must have knowledge that I don't to make that statement.
Really, really, tough crowd.
A big drop occurs 3 days after he posts that he bought the puts. They are worth more today. End of story.
Why is it that when it is obvious that credit is due, folks are unable to give it? Is it any skin off your back?
Did anyone else post that they were shorting the market or buying puts within the past week?
He made a good/timely call. You don't want to congratulate him or give him credit, you don't have to. I will.
So i guess you can't explain what he's done then, eh?Really, really, tough crowd.
A big drop occurs 3 days after he posts that he bought the puts. They are worth more today. End of story.
Why is it that when it is obvious that credit is due, folks are unable to give it? Is it any skin off your back?
Did anyone else post that they were shorting the market or buying puts within the past week?
He made a good/timely call. You don't want to congratulate him or give him credit, you don't have to. I will.
So i guess you can't explain what he's done then, eh?
He made a good/timely call.
In your case understanding a Put is fundamental. So explain to me what he's accomplished."Reading is fundamental"
In your case understanding a Put is fundamental. So explain to me what he's accomplished.
Really, really, tough crowd.
A big drop occurs 3 days after he posts that he bought the puts. They are worth more today. End of story. ...
Can you explain to me how that's a good job? You must have knowledge that I don't to make that statement.
....
Did anyone else post that they were shorting the market or buying puts within the past week?
He made a good/timely call. You don't want to congratulate him or give him credit, you don't have to. I will.
No, it's not the end of the story. Not until expiry or he sells. Then we can see if there was a gain or not.
ERD - my final comment on this topic ...
If 3 days earlier he had said "I just bought Boeing shares at $350 because ..." and then 3 days later Boeing shares go to $400, would you be saying "Hey buddy, that was a good call" or would you say "Well, we really don't know ... did he sell"? Of course not - the shares made a significant move right after he said what he was doing. ...
ERD - ... My belief is that the value of the puts likely went up in excess of 20% since purchased. It was a good call - whether luck, or whatever else you want to attribute it to. ... .
ERD - ... This is the Stocking Picking board - he made the pick, the pick was right, it happened in the very short term, which is what you dream of with options. ...
ERD - ... Ignore those throwing stones.
...
ERD - ...
Adios, friends.
2200 is lower than 2500, I think a very reasonable expectation of a rapid decline, should one occur. I am sorry to have created such an indecipherable thread, I think it is fairly clear myself. I do not plan on providing any more clarity as I think results will pretty much speak for themselves, I grant the idea that I am 95% likely to lose the funds invested, on the other hand, if I do "win" on this investment, I think that will be equally obvious.
.... I do not plan on providing any more clarity as I think results will pretty much speak for themselves, ...