| Do you mean an LLC taxed as a C corp??? A tax lawyer recommended this to us, but then spoke to an accountant who had no idea what that meant... Puzzled now
|
Sunday, May 2, 2010
Re: [TheOptionClub.com] LLC?
Re: [TheOptionClub.com] LLC?
Call Robert Green
www.greencompany.
Or check out the list of trader CPAs in the Links section of this group.
-----Original Message-----
From: Mike Cleveland <mikeandjody1996@
Date: Sun, 2 May 2010 11:05:52
To: <OptionClub@yahoogro
Subject: Re: [TheOptionClub.
Can you please tell us how/where you set this up? Thank you.
____________
From: john sheldon <johnlsheldon@
To: optionclub@yahoogro
Sent: Sat, May 1, 2010 8:35:35 PM
Subject: RE: [TheOptionClub.
I trade under an LLC & have a corp that manages the LLC to obtain more tax benefits.
John S
____________
To: OptionClub@yahoogro ups.com
From: Praesto12@yahoo. com
Date: Sat, 1 May 2010 13:15:38 -0700
Subject: Re: [TheOptionClub. com] LLC?
Have any of you guys created your own LLC to trade under?
____________
From: Vik <vikas.basantani@ gmail.com>
To: OptionClub@yahoogro ups.com
Sent: Fri, April 30, 2010 9:43:55 PM
Subject: Re: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Based on Michael's request, here is the risk graph for those who are following this thread:
Michael, your numbers are pretty accurate and exactly match those in the risk graph:
On the upside, max risk = $11 (above 170)
On the downside, max risk = $1011 (between 130 and 135)
Potential profit = $489 (between 145 and 165)
Theoretically unlimited profit below 135
Expiration break-even points = 142.54 and 170.04
On Sat, May 1, 2010 at 1:20 PM, mcatolico <mcatolico@mindspri
>
>
>Update 4/30/10
>
>Okay huge selloff (GS down 15 to 145) proving Sam's prescience. Volatility explodes as well. The trick here is to use the existing position and shift the risk profile. That measly little extra long 140 put unit proved more than enough to make this a decent move for the trade.
>
>Adjustments -
>Going to clean house on this first by converting everything to a 140/145/165/ 170 condor using some crazy strikes.
>
>Opening position was:
>+1 150c/-2 155c/+1 170c
>+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
>
>Net credit: 2.26
>
>To get to the condor add
>-1 145c/-1 150c/+2 155c for 5.65 net credit
>-2 145p/+1 150p/+2 155p/-1 160p/-1 165p for 16.15 net credit
>
>As complicated as this may look, all I'm basically doing is unloading inventory and doing something of a guts condor all by taking advantage of the big IV spike.
>
>This yields a condor
>+1 140p/-1 145c/-1 165p/+1 170c
>
>I also want to keep in the spirit of the trade by hanging on to the short delta forecast (which is working out so no reason to change course) and add some vega on the spike.
>
>So add a put side ladder -1 145p/+1 135p/+1 130p for a net credit of $0.83
>
>If I got all the plusses and minuses correct, the net end of day position is thus:
>-1 145c/+1 170c
>-1 165p/-1 145p/+1 140p/+1 135p/+1 130p
>
>Net overall credit is $24.89
>
>If someone wants to graph this it might become clearer how simple this position actually is. We've got the big condor with almost no upside risk and an extra put unit that is protection (or opportunity) for further selling and/or IV increase. There are multiple ways for this to become profitable: drift/bounce higher or further jarring selloff are the biggest bonuses to the position. a mild drift lower can be scrambled after but may pose the most threat. The trade as it stands makes 4.89 anywhere between 145-165 and loses no more than 0.11 above 170. On the downside would be 10.11 between 135-130 but has nothing but upside potential in the unlikely event that sachs collapses well below 115.
>
>
>
>
>
>From:OptionClub@
>Sent: Thursday, April 29, 2010 11:39 PM
>
>
>To: OptionClub@yahoogro ups.com
>Subject: RE: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
>
>
>
>
>
>Update 4/29/10
>
>GS continued higher through 160 today (despite all the doom and gloom about the firm). And IV drifted another couple points lower (take a look at the atm straddle to see how vega really got sapped today).
>
>So the position needs some tweaking here to center it around the 160 strike.
>
>Adjustment:
>+1 155c/-2 160c/+1 170c $0.40 credit net on this unbalanced fly.
>
>This nudges the body of the trade closer to and surrounding the atm (160) strike while retaining the extra downside units in case the Sam scenario returns. For the most part the trade is vega negative (i.e. has positive decay) into a declining or flat implied volatility environment with an extra put unit should big gap type event occur.
>
>Brings the position to…
>
>Net position:
>+1 150c/-2 155c/+1 170c
>+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
>
>Net credit: 2.26
>
>
>
>
>
>Your email settings: Individual Email|Traditional
>Change settings via the Web (Yahoo! ID required)
>Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
>Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
>
>
>
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Re: [TheOptionClub.com] LLC?
From: john sheldon <johnlsheldon@msn.com>
To: optionclub@yahoogroups.com
Sent: Sat, May 1, 2010 8:35:35 PM
Subject: RE: [TheOptionClub.com] LLC?
I trade under an LLC & have a corp that manages the LLC to obtain more tax benefits.
John S
To: OptionClub@yahoogro ups.com
From: Praesto12@yahoo. com
Date: Sat, 1 May 2010 13:15:38 -0700
Subject: Re: [TheOptionClub. com] LLC?
From: Vik <vikas.basantani@ gmail.com>
To: OptionClub@yahoogro ups.com
Sent: Fri, April 30, 2010 9:43:55 PM
Subject: Re: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Michael, your numbers are pretty accurate and exactly match those in the risk graph:
On the upside, max risk = $11 (above 170)
On the downside, max risk = $1011 (between 130 and 135)
Potential profit = $489 (between 145 and 165)
Theoretically unlimited profit below 135
Expiration break-even points = 142.54 and 170.04
Update 4/30/10
Okay huge selloff (GS down 15 to 145) proving Sam's prescience. Volatility explodes as well. The trick here is to use the existing position and shift the risk profile. That measly little extra long 140 put unit proved more than enough to make this a decent move for the trade.
Adjustments -
Going to clean house on this first by converting everything to a 140/145/165/ 170 condor using some crazy strikes.
Opening position was:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
To get to the condor add
-1 145c/-1 150c/+2 155c for 5.65 net credit
-2 145p/+1 150p/+2 155p/-1 160p/-1 165p for 16.15 net credit
As complicated as this may look, all I'm basically doing is unloading inventory and doing something of a guts condor all by taking advantage of the big IV spike.
This yields a condor
+1 140p/-1 145c/-1 165p/+1 170c
I also want to keep in the spirit of the trade by hanging on to the short delta forecast (which is working out so no reason to change course) and add some vega on the spike.
So add a put side ladder -1 145p/+1 135p/+1 130p for a net credit of $0.83
If I got all the plusses and minuses correct, the net end of day position is thus:
-1 145c/+1 170c
-1 165p/-1 145p/+1 140p/+1 135p/+1 130p
Net overall credit is $24.89
If someone wants to graph this it might become clearer how simple this position actually is. We've got the big condor with almost no upside risk and an extra put unit that is protection (or opportunity) for further selling and/or IV increase. There are multiple ways for this to become profitable: drift/bounce higher or further jarring selloff are the biggest bonuses to the position. a mild drift lower can be scrambled after but may pose the most threat. The trade as it stands makes 4.89 anywhere between 145-165 and loses no more than 0.11 above 170. On the downside would be 10.11 between 135-130 but has nothing but upside potential in the unlikely event that sachs collapses well below 115.
From: OptionClub@yahoogro ups.com [mailto:OptionClub@yahoogro ups.com] On Behalf Of mcatolico
Sent: Thursday, April 29, 2010 11:39 PM
To: OptionClub@yahoogro ups.com
Subject: RE: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Update 4/29/10
GS continued higher through 160 today (despite all the doom and gloom about the firm). And IV drifted another couple points lower (take a look at the atm straddle to see how vega really got sapped today).
So the position needs some tweaking here to center it around the 160 strike.
Adjustment:
+1 155c/-2 160c/+1 170c $0.40 credit net on this unbalanced fly.
This nudges the body of the trade closer to and surrounding the atm (160) strike while retaining the extra downside units in case the Sam scenario returns. For the most part the trade is vega negative (i.e. has positive decay) into a declining or flat implied volatility environment with an extra put unit should big gap type event occur.
Brings the position to…
Net position:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
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Saturday, May 1, 2010
RE: [TheOptionClub.com] LLC?
yes
From: OptionClub@yahoogro
Sent: Saturday, May 01, 2010 3:16 PM
To: OptionClub@yahoogro
Subject: Re: [TheOptionClub.
Have any of you guys created your own LLC to trade under?
From: Vik <vikas.basantani@
To: OptionClub@yahoogro
Sent: Fri, April 30, 2010 9:43:55 PM
Subject: Re: [TheOptionClub.
Based on Michael's request, here is the risk graph for those who are following this thread:
Michael, your numbers are pretty accurate and exactly match those in the risk graph:
On the upside, max risk = $11 (above 170)
On the downside, max risk = $1011 (between 130 and 135)
Potential profit = $489 (between 145 and 165)
Theoretically unlimited profit below 135
Expiration break-even points = 142.54 and 170.04
On Sat, May 1, 2010 at 1:20 PM, mcatolico <mcatolico@mindsprin g.com> wrote:
Update 4/30/10
Okay huge selloff (GS down 15 to 145) proving Sam's prescience. Volatility explodes as well. The trick here is to use the existing position and shift the risk profile. That measly little extra long 140 put unit proved more than enough to make this a decent move for the trade.
Adjustments -
Going to clean house on this first by converting everything to a 140/145/165/ 170 condor using some crazy strikes.
Opening position was:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
To get to the condor add
-1 145c/-1 150c/+2 155c for 5.65 net credit
-2 145p/+1 150p/+2 155p/-1 160p/-1 165p for 16.15 net credit
As complicated as this may look, all I'm basically doing is unloading inventory and doing something of a guts condor all by taking advantage of the big IV spike.
This yields a condor
+1 140p/-1 145c/-1 165p/+1 170c
I also want to keep in the spirit of the trade by hanging on to the short delta forecast (which is working out so no reason to change course) and add some vega on the spike.
So add a put side ladder -1 145p/+1 135p/+1 130p for a net credit of $0.83
If I got all the plusses and minuses correct, the net end of day position is thus:
-1 145c/+1 170c
-1 165p/-1 145p/+1 140p/+1 135p/+1 130p
Net overall credit is $24.89
If someone wants to graph this it might become clearer how simple this position actually is. We've got the big condor with almost no upside risk and an extra put unit that is protection (or opportunity) for further selling and/or IV increase. There are multiple ways for this to become profitable: drift/bounce higher or further jarring selloff are the biggest bonuses to the position. a mild drift lower can be scrambled after but may pose the most threat. The trade as it stands makes 4.89 anywhere between 145-165 and loses no more than 0.11 above 170. On the downside would be 10.11 between 135-130 but has nothing but upside potential in the unlikely event that sachs collapses well below 115.
From: OptionClub@yahoogro ups.com [mailto:OptionClub@yahoogro ups.com] On Behalf Of mcatolico
Sent: Thursday, April 29, 2010 11:39 PM
To: OptionClub@yahoogro ups.com
Subject: RE: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Update 4/29/10
GS continued higher through 160 today (despite all the doom and gloom about the firm). And IV drifted another couple points lower (take a look at the atm straddle to see how vega really got sapped today).
So the position needs some tweaking here to center it around the 160 strike.
Adjustment:
+1 155c/-2 160c/+1 170c $0.40 credit net on this unbalanced fly.
This nudges the body of the trade closer to and surrounding the atm (160) strike while retaining the extra downside units in case the Sam scenario returns. For the most part the trade is vega negative (i.e. has positive decay) into a declining or flat implied volatility environment with an extra put unit should big gap type event occur.
Brings the position to…
Net position:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
Error! Filename not specified.
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RE: [TheOptionClub.com] LLC?
I trade under an LLC & have a corp that manages the LLC to obtain more tax benefits.
John S
To: OptionClub@yahoogro
From: Praesto12@yahoo.
Date: Sat, 1 May 2010 13:15:38 -0700
Subject: Re: [TheOptionClub.
From: Vik <vikas.basantani@
To: OptionClub@yahoogro
Sent: Fri, April 30, 2010 9:43:55 PM
Subject: Re: [TheOptionClub.
Michael, your numbers are pretty accurate and exactly match those in the risk graph:
On the upside, max risk = $11 (above 170)
On the downside, max risk = $1011 (between 130 and 135)
Potential profit = $489 (between 145 and 165)
Theoretically unlimited profit below 135
Expiration break-even points = 142.54 and 170.04
Update 4/30/10
Okay huge selloff (GS down 15 to 145) proving Sam's prescience. Volatility explodes as well. The trick here is to use the existing position and shift the risk profile. That measly little extra long 140 put unit proved more than enough to make this a decent move for the trade.
Adjustments -
Going to clean house on this first by converting everything to a 140/145/165/ 170 condor using some crazy strikes.
Opening position was:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
To get to the condor add
-1 145c/-1 150c/+2 155c for 5.65 net credit
-2 145p/+1 150p/+2 155p/-1 160p/-1 165p for 16.15 net credit
As complicated as this may look, all I'm basically doing is unloading inventory and doing something of a guts condor all by taking advantage of the big IV spike.
This yields a condor
+1 140p/-1 145c/-1 165p/+1 170c
I also want to keep in the spirit of the trade by hanging on to the short delta forecast (which is working out so no reason to change course) and add some vega on the spike.
So add a put side ladder -1 145p/+1 135p/+1 130p for a net credit of $0.83
If I got all the plusses and minuses correct, the net end of day position is thus:
-1 145c/+1 170c
-1 165p/-1 145p/+1 140p/+1 135p/+1 130p
Net overall credit is $24.89
If someone wants to graph this it might become clearer how simple this position actually is. We've got the big condor with almost no upside risk and an extra put unit that is protection (or opportunity) for further selling and/or IV increase. There are multiple ways for this to become profitable: drift/bounce higher or further jarring selloff are the biggest bonuses to the position. a mild drift lower can be scrambled after but may pose the most threat. The trade as it stands makes 4.89 anywhere between 145-165 and loses no more than 0.11 above 170. On the downside would be 10.11 between 135-130 but has nothing but upside potential in the unlikely event that sachs collapses well below 115.
From: OptionClub@yahoogro ups.com [mailto:OptionClub@yahoogro ups.com] On Behalf Of mcatolico
Sent: Thursday, April 29, 2010 11:39 PM
To: OptionClub@yahoogro ups.com
Subject: RE: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Update 4/29/10
GS continued higher through 160 today (despite all the doom and gloom about the firm). And IV drifted another couple points lower (take a look at the atm straddle to see how vega really got sapped today).
So the position needs some tweaking here to center it around the 160 strike.
Adjustment:
+1 155c/-2 160c/+1 170c $0.40 credit net on this unbalanced fly.
This nudges the body of the trade closer to and surrounding the atm (160) strike while retaining the extra downside units in case the Sam scenario returns. For the most part the trade is vega negative (i.e. has positive decay) into a declining or flat implied volatility environment with an extra put unit should big gap type event occur.
Brings the position to…
Net position:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
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Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
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Re: [TheOptionClub.com] LLC?
From: Vik <vikas.basantani@gmail.com>
To: OptionClub@yahoogroups.com
Sent: Fri, April 30, 2010 9:43:55 PM
Subject: Re: [TheOptionClub.com] GS TRADE [was:How do you manage your Vega?]
Based on Michael's request, here is the risk graph for those who are following this thread:
Michael, your numbers are pretty accurate and exactly match those in the risk graph:
On the upside, max risk = $11 (above 170)
On the downside, max risk = $1011 (between 130 and 135)
Potential profit = $489 (between 145 and 165)
Theoretically unlimited profit below 135
Expiration break-even points = 142.54 and 170.04
Update 4/30/10
Okay huge selloff (GS down 15 to 145) proving Sam's prescience. Volatility explodes as well. The trick here is to use the existing position and shift the risk profile. That measly little extra long 140 put unit proved more than enough to make this a decent move for the trade.
Adjustments -
Going to clean house on this first by converting everything to a 140/145/165/ 170 condor using some crazy strikes.
Opening position was:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
To get to the condor add
-1 145c/-1 150c/+2 155c for 5.65 net credit
-2 145p/+1 150p/+2 155p/-1 160p/-1 165p for 16.15 net credit
As complicated as this may look, all I'm basically doing is unloading inventory and doing something of a guts condor all by taking advantage of the big IV spike.
This yields a condor
+1 140p/-1 145c/-1 165p/+1 170c
I also want to keep in the spirit of the trade by hanging on to the short delta forecast (which is working out so no reason to change course) and add some vega on the spike.
So add a put side ladder -1 145p/+1 135p/+1 130p for a net credit of $0.83
If I got all the plusses and minuses correct, the net end of day position is thus:
-1 145c/+1 170c
-1 165p/-1 145p/+1 140p/+1 135p/+1 130p
Net overall credit is $24.89
If someone wants to graph this it might become clearer how simple this position actually is. We've got the big condor with almost no upside risk and an extra put unit that is protection (or opportunity) for further selling and/or IV increase. There are multiple ways for this to become profitable: drift/bounce higher or further jarring selloff are the biggest bonuses to the position. a mild drift lower can be scrambled after but may pose the most threat. The trade as it stands makes 4.89 anywhere between 145-165 and loses no more than 0.11 above 170. On the downside would be 10.11 between 135-130 but has nothing but upside potential in the unlikely event that sachs collapses well below 115.
From: OptionClub@yahoogro ups.com [mailto:OptionClub@yahoogro ups.com] On Behalf Of mcatolico
Sent: Thursday, April 29, 2010 11:39 PM
To: OptionClub@yahoogro ups.com
Subject: RE: [TheOptionClub. com] GS TRADE [was:How do you manage your Vega?]
Update 4/29/10
GS continued higher through 160 today (despite all the doom and gloom about the firm). And IV drifted another couple points lower (take a look at the atm straddle to see how vega really got sapped today).
So the position needs some tweaking here to center it around the 160 strike.
Adjustment:
+1 155c/-2 160c/+1 170c $0.40 credit net on this unbalanced fly.
This nudges the body of the trade closer to and surrounding the atm (160) strike while retaining the extra downside units in case the Sam scenario returns. For the most part the trade is vega negative (i.e. has positive decay) into a declining or flat implied volatility environment with an extra put unit should big gap type event occur.
Brings the position to…
Net position:
+1 150c/-2 155c/+1 170c
+1 160p/-2 155p/-1 150p/+2 145p/+1 140p
Net credit: 2.26
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[TheOptionClub.com] Re: Kurt Frankenberg's Radioactive Trading
Charles,
Thanks for your reply. Not sure why you think it was not a point for discussion. If you have read Chris's "lengthy" review of the RAT, it was very natural to ask the question. I was not aware of the updated version where Kurt has included the point of call option.
While more than expected, Chris's reply also shows the balance of the logical discussion here.
The point was not to abuse or point finger, it was the reasoning.
I guess this discussion does not add any more value, and I agree and suggest we focus on the trading ones.
- SRJ
--- In OptionClub@yahoogro
>
> Chris....Please STOP your lengthy justification of HOW you wish to
> run the website...do NOT play into the petty jibes of a few
> malcontents claiming to be so abused by an open attempt to
> bring expanded option awareness,strategie
>
> Nobody said they HAD to attend ANY webinar...everyone
> should remember this.
>
> Keep on doing your EXCELLENT website YOUR way...if
> somone doesn't like it, they can LEAVE
>
> TraderKip
>
> You're never old, unless
> you think you are; but it
> IS later than you think!
>
>
> kipwebster@.
>
>
>
>
> ____________
> From: TheOptionClub <chris@...>
> To: OptionClub@yahoogro
> Sent: Fri, April 30, 2010 7:17:37 PM
> Subject: [TheOptionClub.
>
>
> I see...
>
> First, I do not support or oppose any particular options strategy or
> trading strategy. What I try to encourage is an intellectually honest
> evaluation of strategies and trading methods. What Kurt and I have
> debated over the last few years is 1.) the synthetic equivalence of the
> married put and the long call option, and 2.) the renaming or
> mislabeling of established options strategies. As a result of that
> debate, Kurt has acknowledged the synthetic equivalence of the married
> put / long call and has in later revisions of his "Blueprint" identified
> each of his options positions with traditional naming conventions.
>
> Kurt is still an advocate of his particular brand of married put.
> Fine. To each their own...
>
> One aspect of what Kurt Frankenberg has done with his Radioactive
> Trading plan that I have always applauded is the attention paid to risk
> management. That is the real foundation of what he is doing. Not the
> DITM married put. In fact, if you watched this week's presentation I
> highlighted the fact that these DITM married put positions carry a
> rather low delta which may not be what you want if you're intent is to
> get bullish. But, I also addressed the idea that by using call options
> instead of married puts it is important to avoid the temptation of
> committing an equal amount of capital to the calls as you would the
> married put which would result in becoming over leveraged. That goes
> back to risk management.
>
> The last few months I have also had Charles Cottle the "Risk Doctor,"
> John Summa, Ph.D., from OptionNerd, John Brasher from Call Writer, Mark
> Espy from Market Tamer, Mark Sebastian from Option911, and Dan Sheridan
> speak to our group. Dr. Summa trades options on futures, which I do
> not. I do not trade covered calls they way John Brasher trades them. I
> do not trade Mark Espy's "Wheel of Profit." I don't perform weighted
> vega calculations before opening calendar spreads as Mark Sebastian
> encouraged. I'm sure there are difference between the way Dan Sheridan
> and I handle things.
>
> What do these speakers and Kurt Frankenberg all have in common?
>
> The commonality between each of these speakers is that they have
> something to add to the debate. A temptation that plagues retail
> traders is the desire to follow a single messiah or a prophet. The idea
> that we can find "THE" course, "THE" mentoring program, "THE" one
> missing ingredient to our success, often compels us to seek out and
> follow a single voice...a single idea. It's convenient, if nothing
> else. The trouble is that what works for one trader likely won't work
> for another.
>
> Why?
>
> We're wired different. Our lives our different. We have different
> needs, goals, aspirations, etc. My life is very different than John
> Brashers', or Dan Sheridan's, or Mark Sebastian's, etc. I need to find
> an approach that fits me, my personality, my lifestyle and schedule, my
> financial goals and current capital structure, etc.
>
> Kurt Frankenberg feels really, really good about owning stock that's
> protected by a DITM put option. I look at the position, see the low
> delta in contrast to the definitively bullish trade bias and wouldn't
> want the position in my account. Looking at and trying to weight vegas
> on calendar spreads would drive me batty. I'm not suited to it. Mark
> Sebastian thinks we're all crazy if we don't!
>
> Who's right?
>
> That's why we have the open forum. It's why I have an "open door"
> policy when it comes to the presentations. It may come as I surprise
> but so far this year I have invited no one to speak to our group. All
> of this year's speakers have asked if they could speak to us. I welcome
> them when the do.
>
> If I started censoring posts here so as to only allow posts that I
> agreed with, this forum would die off. It's presently the busiest
> options trading discussion board on the Yahoo! Groups network and I
> think it's probably one of the better ones on the Internet in general.
> A lot of different ideas get posted here, but that's what fuels the
> debate and what makes for a robust education.
>
> I also do very little to censor speakers, but I think that's why we're
> fortunate with the number and the quality of presentations that we get.
> The value is that a lot of ideas get laid on the table in front of us.
> We are then free to discuss, debate, and study the merits of those
> ideas. Some people may find that a particular speaker resonates with
> them and may want to pursue those ideas further. Others may find that
> very same speaker to be completely off putting.
>
> I decided years ago that I'm not going to decide for anyone here what is
> appropriate for them to see or hear. I'm parent to only one person in
> this world and she is not a member of this group...not yet, anyway. The
> rest of you need to decide for yourselves what makes sense in the
> context of your life, your finances, your goals, etc. I can help fill
> the table before you with many ideas and trading concepts for you to
> sample and consider. They won't all be to your taste. They may not be
> to mine, either! But then that's what makes all of this so interesting
> to talk about.
>
> Christopher Smith
> TheOptionClub. com
>
> --- In OptionClub@yahoogro ups.com, "srj3inc" <faltu0@> wrote:
> >
> > that you invited him for a presentation where once you were the one
> who was opposing the view of the strategy. RAT is nothing more than a
> marketing gimmick of a long call was the point of discussion.
> >
> > surprised that by inviting him, you indirectly supported the
> strategy.
> >
>
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