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Buckeye Partners, L.P. Message Board

palladin_02160 2 posts  |  Last Activity: May 12, 2016 2:21 PM Member since: Oct 22, 2006
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  • palladin_02160 palladin_02160 May 12, 2016 2:21 PM Flag

    Until huncher posted his dribble, I was staring to understand your concept.

    So if I expected oil to rise over the next 6 months I could sell puts all day long on oil stocks, collect the commission and not worry about having the put exercised to me? But the broker will set aside enough funds to cover the put if given to me. I think I'm getting to understand how to make money with put options so I am close to selling 1 put to try it.

  • Reply to

    Way over sold

    by davoud1 May 4, 2016 9:26 PM
    palladin_02160 palladin_02160 May 5, 2016 11:06 PM Flag

    phoenix773
    Quite interesting your comment about the Federal Reserve owning the president. I can't recall when the Chairman of the Federal Reserve Bank had a meeting at the White House with the President of the US except 10 or so days ago. Quite extraordinary I would think.

    You mentioned you sell put options. If you don't mind can you explain in simple terms your strategy for selling put options and why.

BPL
71.93+0.11(+0.15%)May 23 4:00 PMEDT