Tuesday, September 8, 2009

Re: [TheOptionClub.com] Charles Cottle Presentation

 

Hi Charles, thanks for coming by and sharing some of your thoughts.

Based on what I have said so far, I am not saying that synthetics or position dissection are not useful. I understand the importance and relavance of both of these to options trading.

My point (which got partially missed out I think) was that for simple positions e.g. LOW +2 19P/-2 21P/-2 21C, just how far can you go with using dissection to reveal the risk that you can't possibly see through risk graphs?

If one had a complex position (long and/or short calls and/or puts spread over multiple strikes and/or months), I am 100% convinced that position dissection can reveal more than what the naked eye or risk graphs may show.

In any case, I have taken out your book out of the closet once again. I am bound to have some queries which I will highlight on this blog and/or riskdoctor forum. Hope you will chime in to help and clear my doubts as their arise...

Appreciate your comments and help.

Cheers Viky

--- In OptionClub@yahoogroups.com, "charlescottle@..." <charles@...> wrote:
>
> --- In OptionClub@yahoogroups.com, Viky <vikas.basantani@> wrote:
> >
> > Hi Chris, as I feared earlier, personally for me the presentation wasn't any
> > easier to digest than some of the most difficult chapters in Charles'
> > book:-)
> >
> > Having said that, thank you very much for taking the pains to arrange the
> > webinar. It doesn't happen very often that you get to hear from such
> > experienced traders and that too for free...
> >
> > May it is time that I revisited his book (bought a few years ago) to make
> > another attempt at understanding/improving my knowledge about dissection
> > etc...
> >
> > Happy loooong weekend to all...
> >
> > Cheers Viky
> >
> > http://options101.wordpress.com
> >
> >
> >
> > On Sat, Sep 5, 2009 at 7:21 AM, Ricky Jimenez <rickyjim@> wrote:
> >
> > >
> > >
> > > Chris, in the future, I hope you can suggest to the speakers, to
> > > explain their modifications by showing how they change the trade's
> > > expiration diagram. I think Charles assumed the viewers had greater
> > > vizualization capabilities than most of us have.
> > >
> > >
> >
>
> To Help with that Viky, I don't know if you know about the free course at the RiskDoctor Home Page that gets you though Chapter 1 with all sorts of exercises. Keep at it and it will click for you.
> Charles
>

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