I am selling a lot of puts. Sellers are not there. So we either go up or stay here. Either way I win.
Selling SPX puts (weeklies, quarterlies and July). Somebody has to collect premium. And as usual, if I am wrong and the market goes down, Ben will bail me out.
Denleo
Selling naked puts
Started by
denleo
, Jun 20 2007 09:45 AM
11 replies to this topic
#2
NAV
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Posted 20 June 2007 - 09:52 AM
I am selling a lot of puts. Sellers are not there.
Denleo
Sellers are there, but short sellers
#3
jawndissedi
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Posted 20 June 2007 - 09:53 AM
Excellent strategy. Analyzed in detail here.I am selling a lot of puts. Sellers are not there. So we either go up or stay here. Either way I win.
Selling SPX puts (weeklies, quarterlies and July). Somebody has to collect premium. And as usual, if I am wrong and the market goes down, Ben will bail me out.
Denleo
Da nile is more than a river in Egypt.
#4
Tor
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Posted 20 June 2007 - 10:02 AM
You actually sound like a stale bear!! Obvoiusly kidding (in my opinion anyway). If not then good luck. I do agree right here right now and possibly next few days no real sellers and more pain on the bears in store. I am not trading it this time however, somthing not quite right.
Edited by Tor, 20 June 2007 - 10:05 AM.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#5
ogm
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Posted 20 June 2007 - 10:11 AM
Excellent strategy, especcialy for this great risk free environment we're in. I mean how could anything possibly go wrong.
Seriously, though. These aren't futures, where you can stop out overnight. But I'm sure you know what you're doing. BTW, when is that Blackstone IPO coming out ?
Seriously, though. These aren't futures, where you can stop out overnight. But I'm sure you know what you're doing. BTW, when is that Blackstone IPO coming out ?
Edited by ogm, 20 June 2007 - 10:13 AM.
#6
hiker
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Posted 20 June 2007 - 10:22 AM
Blackstone IPO has been moved up to tomorrow based on high demand ..the news when I checked in premkt anyway
#7
ogm
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Posted 20 June 2007 - 10:25 AM
Blackstone IPO has been moved up to tomorrow based on high demand ..the news when I checked in premkt anyway
I wonder why they are in such a hurry.
#8
tommyt
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Posted 20 June 2007 - 10:52 AM
We have a fed meeting next week, and lately the whole mkt game is keying off of rates...I wouldn't say there isn't any potential risk out there.
#9
vitaminm
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Posted 20 June 2007 - 11:06 AM
I am selling a lot of puts. Sellers are not there. So we either go up or stay here. Either way I win.
Selling SPX puts (weeklies, quarterlies and July). Somebody has to collect premium. And as usual, if I am wrong and the market goes down, Ben will bail me out.
Denleo
den,
Are u selling these puts? What srike price? I don't see weeklies, quarterlies.
http://finance.yahoo...C&k=1525.000000
vitaminm
#10
selecto
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Posted 20 June 2007 - 11:10 AM
Better put Ben on speed dial.
