william the wie
Gold Member
- Nov 18, 2009
- 16,667
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I had an unusually good run of luck last month and today when I logged on to my account I was interrogated by computer as to whether I really was an amateur. My formula is simple: I use covered puts to either get low risk/high yield stocks at a discount to market even after fees or a nice return on my money. I target mostly trusts (real estate or royalties) and utility companies.
I figure if the lights really do go out in Georgia I'll have more serious problems than a diminished portfolio so I wonder who is on the other side of my trade?
Do my counter-parties on SJT puts realize that the San Juan Basin in the title is the one in NM and even if it referred to either of the earthquake prone basins what good would winning do with tsunamis bouncing coast to coast?
Rant over
I figure if the lights really do go out in Georgia I'll have more serious problems than a diminished portfolio so I wonder who is on the other side of my trade?
Do my counter-parties on SJT puts realize that the San Juan Basin in the title is the one in NM and even if it referred to either of the earthquake prone basins what good would winning do with tsunamis bouncing coast to coast?
Rant over