Don't understand about selling options, either I see.
Did you not notice that he said "which I'd be astonished to see happen"?
He is assuming it will not get that low and gets to keep the premium as 'free money'.
I get one third of my portfolio income from doing this.
All that stuff you wrote that you seem to believe...does anyone else believe it?
And, I did not change the subject, but merely pointed out that there is a long list of things that you post about that you insist are one way that are just simply incorrect and when they are pointed out to you..
........you just insist more, then hurl the adhominum attacks, and eventally are shown just how wrong you were........and it is a repeating pattern...
........If you want to see examples, just go re-read last March & last December if you need some details about all of your nonsense.
And on this:
"His dredged up facts are wrong anyway. I always maintained from the very post post that QRE had no IDRs, even provided links to presentations that highlight it. And it doesn't have IDRs so he is still wrong (and very boring)."
It may be boring to you, but that is not what you said at first....while everyone knows that there are no IDRs...you first claimed that there were NO INCENTIVE FEES....which is not correct....right?
Jack proved that....not by merely claiming proof like your buddie does, but by posting the language that describes how it is determined direct from the company.
You later twisted that into no IDRs only after Jack went to the co language and he posted the wording that specifically stated how the incentive fee is determined.
You want to see it again?
It is there to be found with a search....go look at it.
That was discussed at length but if you need to see it again, Jack's posts are searchable for anyone who wants to see exactly what you did say and what Jack posted to correct your misunderstandings.