Look I don't really give a rip what you do, I was only trying to help. You're like the guy in Vegas who puts his entire bet on one number and hopes to hit the jackpot using the excuse that "but I didn't bet very much so it's alright". Stupid, stupid, stupid!! You might as well just hand your wallet over to the pit boss and leave it at that.
Good luck to you!
Yep ....Yeah Sure.... Whatever !
I guess that I am giving options a Bad Name !!!
However, I just have a simple question....
You stated that most option investors lose 93 % of the time.
(Besides another poster on this board claiming the same) ,
What s your own source that you can share with all of us ignorant board members to back up your claim?
And when you do, please be prepared to discuss the parameters of your statistics - Ie buying Puts / Covered calls - et al !
Someone is giving something a bad name ......Don't think it's me !!
Oh wait ....here comes your alias buddy exquestor !
nobody can reliably predict future stock prices, but all the reasons that have depressed the stock these past months seem to be abating so the outlook going forward certainly seems favorable.
I certainly hope we see $40 before the end of the year, but as you state, and we hear it frequently, the significant bullish events are "next year and beyond." Just how much can we expect the markets in 2015 to anticipate the better results coming in 2016 and thereafter? JMHO.
i listened to most of mark adam's presentation, and it was very impressive how bullish he is on micron for the next year and beyond. could be we'll make it to $40 before the end of the year after all:)
And there is exactly why option traders lose 93% of the time. I only trade option spreads but you're giving options a bad name. Most option traders buy short term out of the money options hoping to hit a home run because they are "cheap" but my question is, how cheap is it really if you're going to lose 93% of the time? The leverage options give you is wonderful but you have to be smart about it or you might as well open your wallet and give your money away. If you really want to make money trading options buy long term in the money options and sell out of the money options against them.
l love when people post misleading stuff like this - below is the story (I cut out part of the technical stuff) and you can see SK is starting to do exactly what Micron is already doing - moving PC DRAM capacity to mobile.
Samsung Electronics and SK hynix, the world's top two suppliers of dynamic random access memory (DRAM) chips, plan to invest more on them because of continued solid demand for use in mobile devices such as phones.
But company officials and market experts say if the two raise their production capacity, the long-term supply growth will remain constrained due to technological complexity.
"Samsung Electronics plans to maintain greater flexibility in the operation of our chip plants according to the market situation. Although we are producing both memory chips including DRAMs and NANDs, as well as logic chips, we may increase the output of DRAMs for mobile devices to maximize short-term profit," an official at the company said Sunday.
He stressed that as supply shift continue from DRAMs for use in conventional PCs to those for use in mobile devices, the firm expects chip prices to stabilize for the remainder of this year.
This year, Samsung is busy manufacturing DRAMs for Apple's new iPhone said Credit Suisse. Samsung mainly produces DRAMs at its plant in Giheung, near Seoul, while it manufactures NANDs and processor chips at its factories in Xian, China and Texas, the United States.
Although SK hynix focuses on profitability instead of market share, some say it may ride the current market trend in DRAM pricing by expanding.
"The outlook for SK hynix is bright now because global DRAM supply is likely to increase in 2016. The industry appears to be headed into another shortage," said Credit Suisse analyst Keon Han.
Unlike Samsung, SK hynix generates more than 80 percent of its annual revenue from selling pure memory chips, which means that it is well-positioned to benefit more than its rivals by expanding DRAM output.