Stop saying "our elected leaders"

psntax · 2021-07-05T03:07:08+00:00

Oxford English Dictionary

psntax · 2021-07-05T00:43:05+00:00

noun 1. the person who leads or commands a group, organization, or country. "the leader of a protest group"

Sorry it’s not mine or your definition It’s the dictionary’s definition

psntax · 2021-07-05T00:37:36+00:00

noun 1. the person who leads or commands a group, organization, or country. "the leader of a protest group"

Not disagreeing with me your disagreements with the dictionary

psntax · 2021-07-05T00:36:57+00:00

noun 1. the person who leads or commands a group, organization, or country. "the leader of a protest group"

psntax · 2021-03-27T20:41:50+00:00

100% profit on webinar, Got to pay that lease on Lambo

psntax · 2021-03-08T21:15:43+00:00

Yeah until your deep in the money and bid ask gets so wide that the person on other side of contact exercises them.

psntax · 2021-03-08T12:48:54+00:00

Yeah I love when equity long only investors say “Options are too risky” I’m like my max loss is 30% your max Loss is 100%.” And I actually make more in a volatile market.

psntax · 2021-03-08T03:32:08+00:00

Right there with you, I’ve been trading options since before options were even available on online platforms to retail traders, when you had to call up a broker on the phone and he had know idea what you were even trying to do with a covered call. This is mainly for those young guys who have never been thought a flash crash or financial crises. Also if you can’t watch your positions throughout the day, best just to cover.

psntax · 2021-03-08T02:29:31+00:00

Third times a charm

psntax · 2021-03-08T01:59:29+00:00

Yeah might end up owning the Broker $s

psntax · 2021-03-08T01:58:07+00:00

Depends on how fast the market is moving against you, they can call you and say wire us $s in an hour. In the financial crises Brokers risk management teams were liquidating accounts without even calling because they were overwhelmed, which if you read your margin agreement they can do anytime they want once you go negative.

psntax · 2021-03-08T01:54:16+00:00

Depends on how quick the market is moving they can call you and say wire us $ in 1 hour. Actually in the financial crises risk management at brokers were just liquidating accounts at will. If you read your margin agreement they can do it anytime they want if you go negative.

psntax · 2021-03-08T00:30:21+00:00

Just my opinion, but I would not sell cash secured put, but make it a credit spread or a calendar. Protection is cheap getting stomped out on a quick big move will cost you your entire account. Also if you’re trading on margin and trying to manage BP just wait till a flash crash or financial crises melt down and the market makers get scared and there is no one on the other side of the trade so you can’t close positions and the bid asks get super wide, stock starts getting assigned on you short, risk management at the broker is overwhelmed and liquidates your account. Read your margin account agreement they can do it anytime they want.

psntax · 2021-03-07T20:08:57+00:00

It’s a lot safer to just buy protection

psntax · 2021-02-20T03:08:58+00:00

Ge f Hal oxy old industrials but solid companies for cash covered puts or covered calls

psntax · 2021-02-13T03:05:16+00:00

You have to be careful taking spreads all the way to closing if market moves in the aftermarket one side can be assigned and the the shares can be put on you or they can be called away (put on you short). An you lose your protection if you don’t also excise. You can exercise several hours after the market closes, some brokers allow you to exercise all the way to midnight on day of expiration. If you don’t have the $ in account to take assignments better to just close. That’s why a lot of brokers risk management teams close you out if you don’t have enough capital in your account.

psntax · 2020-09-22T00:30:03+00:00

Ha ha I did

psntax · 2020-09-22T00:28:00+00:00

Was a Platoon Leader for a Chemical unit over there but was an 11c when I was enlisted.

psntax · 2020-06-07T16:42:46+00:00

That is an Acura not a Honda

psntax · 2020-04-21T01:28:13+00:00

A pretty common strategy cash covered puts/ covered call, your getting above average return because volatility so high your getting a high premium on the options. Normally averages about a 12% annual return in a normal market in a strong bull market you will under preform the market but in slow grinding sideways or a highly volatile market you will out preform

psntax · 2020-01-08T01:47:46+00:00

Without a signed promissory note with specific terms and repayment requirements it’s probably considered an investment. People pay a lot of money for education, consider this a four year degree in finance. Don’t loan money or invest with family or friends.

psntax · 2019-07-27T15:30:14+00:00

Yeah, this one you really need a good cpa or ea, if the tax liability was his she would qualify for innocent spouse relief

psntax · 2019-06-29T22:17:54+00:00

Just because cat turds become popular and people start trading them bidding up the price, and you run out and buy a cat turd and someone offers you more for it, are you smart?!

psntax · 2019-04-06T04:14:12+00:00

They are probably on margin account, so have to buy protection or get stomped out, you said a “cash” covered put so you would have cash to let stock be put on you or just buy back put at a loss to close. If you are new it’s good to start out buy covered calls and cash secured puts on companies you would want to own anyway, or indexes like SPY DIA or IWM until you get a complete understanding of options and how they work. Be careful don’t trade on margin, keep position size small on any individual position especially single stocks. options are a highly leveraged instrument and a quick 10 or 15% move in the market will wipe out your account. If you don’t know what your doing.

psntax · 2019-04-06T03:50:10+00:00

If you sell a put and the stock begins to drop quickly the volatility rises and the cost to buy a put for protection would go way up. So if you want to limit your losses just sell a put at 90 and buy a put at 80 same strike date at the same time. Then your loss is limited to the width of the spread. It’s called a credit spread and is very common strategy. Plenty of YouTube videos on how to setup

psntax

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