What will HowardCohodas's month on month return be for March?

Howard's March Month on Month Return


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Saying that you have an edge because of positive expectancy is at best a truism. The real question is WHY you think your approach gives you a positive expectancy.

The general assumption in trading is that buying and selling at random has an expectancy of zero, minus transaction costs. You need to consider what it is that you do in order to raise your expectancy enough to beat transaction costs - basically you need to be identifying a mispricing (in price or volatility), and selling above value, or buying below.
 
Howard , let me give you a lesson on trading options Son. First off, you have to have an idea of where the market is going and know what the heck you're doing..

Buying slv spread call-put
April 15 2011 Exp.

37c 1.15- 35p 0.16
Paying 0.99
:whistling
Are you still out there Son? Come 1pm, it's party time. I'll take my winnings in a big stack of one's if you know what I mean ;)

Buying slv spread call-put
April 15 2011 Exp.

37c 2.59- 35p 0.03
value 2.56
gain +158.59%


http://www.youtube.com/watch?v=c2Fnet0y9Ts&feature=related
 
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Howy babe, you still out there, how about another example!

Buying slv spread call-putJune 17 2011 Exp.

35c $2.02- 35p $2.72
value -$0.70
 
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