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SPDR S&P 500 Message Board

  • moneymeyka moneymeyka Nov 26, 2013 6:29 AM Flag

    Yesterday Bought Butterfly call spread and shorted puts

    Can I go to jail for stealing the money from the market. I feel like FED is supporting my trade. I'm already up nicely. Holiday will help degrade the puts a bit while I'm counting on the market to lift the index up and make my call butterfly, fly.

    So easy a caveman can do it.

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    • I keep it simple.

      I just sell a tonne of weekly puts each week that expire worthless every week like charm.

      For example last week I sold a tonne of 179 puts as much as my margin allows and they will all expire worthless this week and I will walk away with all the premium as profit.

      LoL..... easiest game in town. Beating wallstreet at their own game here.

 
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