Re: [TheOptionClub.com] RIG Trade

 

What s up?

On Mon May 24th, 2010 7:34 AM EDT CHARLES I WEBSTER III wrote:

>RVD...I believe "unwinds" refers to the closing out of a multi-
>            leg trade (ie.  debit/credit spreads,butterflys,condors......
>                                            Traderkip
> You're never old, unless
>you think you are; but it
>IS later than you think!
>
>
>kipwebster@yahoo.com
>
>
>
>
>________________________________
>From: rvd <rvdidit@yahoo.com>
>To: OptionClub@yahoogroups.com
>Sent: Sun, May 23, 2010 9:48:26 PM
>Subject: RE: [TheOptionClub.com] RIG Trade
>
> 
>what are unwinds?
>
>
>--- On Sun, 5/23/10, Jack <jack@jackcpa. com> wrote:
>
>
>>From: Jack <jack@jackcpa. com>
>>Subject: RE: [TheOptionClub. com] RIG Trade
>>To: OptionClub@yahoogro ups.com
>>Date: Sunday, May 23, 2010, 4:59 PM
>>
>>
>>
>>
>>
>>When TOS started it brokerage, they contacted the authorities and asked if they had to have levels for their customers and were told no, they did not.  You will never have to ask TOS for permission to place a trade.
>> 
>>In an IRA you can place any trade as long as it has a defined risk and you have the $$ to cover said risk.  What you cannot do is sell naked stock or calls.  After all, Berkshire went to over $150,000 per share. L
>> 
>>From:OptionClub@yahoogro ups.com [mailto:OptionClub@ yahoogroups. com] On Behalf Of chickbull
>>Sent: Sunday, May 23, 2010 9:59 AM
>>To: OptionClub@yahoogro ups.com
>>Subject: Re: [TheOptionClub. com] RIG Trade
>> 
>> 
>>These are what I can do in my IRA. I have no idea waht your idea requires. Of course I can research it.
>>"create a put condor, which would be basically a free trade, then wait till expiration with possibility to make more $$$."
>>
>>Level Allows you to place
>>0 Covered Calls
>>Covered Puts
>>Buy-Writes
>>Unwinds
>>Covered Roll-outs
>>1 All of Level 0 plus:
>>Long Calls
>>Long Puts
>>Long Straddles
>>Long Combinations
>>Long Strangles
>>Cash Secured Equity Puts
>>
>>--- In OptionClub@yahoogro ups.com, rvd <rvdidit@...> wrote:
>>
>>
>>
>>
>

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