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#11
12-16-2004, 11:27 AM
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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. 
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#12
12-16-2004, 11:50 AM
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Post deleted by Mat Sklansky
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#15
12-17-2004, 10:43 AM
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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.
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#16
12-17-2004, 11:55 AM
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Post deleted by Mat Sklansky
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#17
12-17-2004, 12:48 PM
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Re: selling covered options vs uncoverd options
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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?
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#18
12-20-2004, 12:04 AM
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Post deleted by Mat Sklansky
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#19
12-20-2004, 02:09 AM
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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
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#20
12-20-2004, 11:10 AM
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Post deleted by Mat Sklansky
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Linear Mode
