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-   -   selling covered options vs uncoverd options (http://archives2.twoplustwo.com/showthread.php?t=160524)

Paluka 12-16-2004 11:27 AM

Re: selling covered options vs uncoverd options
 
[ QUOTE ]
I see many post on selling covered options but what about selling uncovered options. I know that most option ex at zero. So the seller must make all the money. And a seller can sell options far out of the money with very little time.

What do you all think

[/ QUOTE ]

You can't possibly think this is how it works right? The seller makes all the money? This is rubbish.

goodedesign 12-16-2004 11:50 AM

Post deleted by Mat Sklansky
 

Paluka 12-16-2004 12:01 PM

Re: selling covered options vs uncoverd options
 
[ QUOTE ]
did you have to go to work today?

[/ QUOTE ]

I'm a professional options trader.

goepark 12-16-2004 11:16 PM

Re: selling covered options vs uncoverd options
 
So you buy options? How are you doing in this market it cant be easy with vol low and going lower

Paluka 12-17-2004 10:43 AM

Re: selling covered options vs uncoverd options
 
[ QUOTE ]
So you buy options? How are you doing in this market it cant be easy with vol low and going lower

[/ QUOTE ]

I buy and sell options. I'm a market maker.

goodedesign 12-17-2004 11:55 AM

Post deleted by Mat Sklansky
 

Paluka 12-17-2004 12:48 PM

Re: selling covered options vs uncoverd options
 
[ QUOTE ]
before i began doing naked options, i couldn't STAND market makers... now, i love them.

btw.. i NEVER do market orders. sorry to ruin your day.

[/ QUOTE ]

More gibberish. Are you 14 years old?

goodedesign 12-20-2004 12:04 AM

Post deleted by Mat Sklansky
 

thwang99 12-20-2004 02:09 AM

Re: selling covered options vs uncoverd options
 
What does not having a job have to do with anything? Ad hominum argument to me.

Selling naked calls seems very dangerous, not sure how your not having a job is an argument that it's not dangerous. Have you ever been called on a naked option? I've been doing covered calls lately, and have been doing ok, also buy calls and may buy puts, but I'd never consider selling naked options.

- Tony

goodedesign 12-20-2004 11:10 AM

Post deleted by Mat Sklansky
 


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