will NOT act like this
however, if you were to follow the bull spread advice of hotpanera2, just a small move in an underlying stock CAN BE equally devastating
This is truly pitiful & pathetic performance, Ruffnuts!
Despite rating this one up to 115 times & getting five starred messages deleted, you still can't get this thread down even to four stars, let alone three.
Have you considered getting a real life? You suck at polluting message boards, same as at every other one of your worthless time wasting activities.
What I'm capable of is grasping the incredible significance of my brokerage drestically lowering the margin maintenance requirements on lower-strike naked puts which they did on 6/23/10.
I fully understand what an enormous game-changer that can be for seniors struggling to earn a good, safe return on their investments.
I'm one of the few in the country that is employing SERIOUS money in a strategy that is undeniably the best that I have ever come across in terms of reward/risk ratio. It's an incredible niche thing that has completely slipped through the cracks for virtually everyone but it sure didn't slip through any cracks for yours truly.
You have a childish, cartoonish misunderstanding of both subjects, so you could not have read much, retained anything or actively thought at all about them. You flunk even fifth grade math & history, since all you imagine to be the case is wrong, & you're incapable of doing sixth grade work.