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/biz/ - Business & Finance

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411988 No.411988[DELETED]  [Reply] [Original]

Why are you not selling Puts on the SPX?

>> No.411990

unlimited risk?

>> No.411992

>>411988
Because correction.

>> No.411996

>>411990

Credit spreads limits your risk, you risk $500 per contract on a tight spread

>> No.411998

>>411992

since how long ago have people been talking about correction?
Maybe flash crash? Go down on the strikes

>> No.412001

>>411996

I don't know much about options.

>>411992

DURRR CORRECTION

/pol/ and you other fags are so stupid. Such fallacious reasoning, when it comes, it comes. You guys will act as if was you predicted it. You guys are no better than other morons across the aisle. Be a pragmatic investor.

Probably one of those that think October is the Doom's month.

>> No.412004

>>411990
>implying spx could go negative

>DUR DUR DUR DUR DUR DUR A DADADA DUR

>> No.412005

All of my money is currently on 3 penny stocks

>> No.412010

>>411988
the only reason im not right this second is becasue i am a poorfag.

what i would like to do is sell protection and buy 1.5xcalls with the premium. assuming they are still priced higher on protection, which they are.

>QUESTION
do you always use spreads, or do you let your ass hang out sometimes and PROFIT?

>> No.412014
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412014

>>412005

>> No.412025
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412025

>>411988

>> No.412026

>>412010

Always spreads. Portfolio Margin would make it worth it but i prefer to manage my risk with spreads.

Can't you save up $2,200?

>> No.412028

>>412026

>Can't you save up $2,200?

I can.
I will.
I am saving.

I don't know if i can get the proper account though. right now i have a roth and an IRA. I would like to dump what I can in those vehicles early. (I'm under 30)

Then ill open a regular retail account w/ margin.

>> No.412030
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412030

>>412025

Negative on Long contracts and positive on Short ones.

Yeah mark is the last price.

>> No.412099

>>411988

>selling volatility in this environment

ishygddt. When volatility spikes you'll lose your shirt.

>> No.412151

>>412030

What software are you using?

>> No.412181

>>411988
finally. someone asked a good question. soon.

>> No.412184

>>412151

the trademonster platform, pretty decent and rates aren't half bad

>> No.412219

>>411992
This.
I just closed a long CFD on SPX. How long do you honestly think this can last? As long as Goldman told you the other day?

>> No.412288

>>412099
>>selling volatility in this environment
>ishygddt. When volatility spikes you'll lose your shirt.

implying volatility will spike
implying it will spike before op has rolled contracts enough times to make enough to cover loss
implying he isn't using spread trades to cap exposure