Comments on: Market Commentary http://optiongenius.com/blog/market-commentary/ The Option Genius Blog Thu, 09 Feb 2012 01:39:26 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Genius http://optiongenius.com/blog/market-commentary/comment-page-1/#comment-103 Genius Tue, 29 Sep 2009 23:59:38 +0000 http://optiongenius.com/blog/?p=90#comment-103 You make an excellent point. And you are right I should keep things as simple as possible, which I try to do. You were right about the dividend increase but so far the trade is still working. Yes, I adjusted it twice early in the trade and i would rather not have to adjust at all. My point was that even with a large move, adjusting let me stay in the trade and hopefully make a profit even though the stock moved rapidly as soon as I got in the trade. Your trade is also a good idea. With options there are many way to make money from the same stock. I could have done a Calendar Spread, or a Double Diagonal, or an Iron Condor on MCD instead of the Butterfly. Each has its own risks/rewards. You make an excellent point. And you are right I should keep things as simple as possible, which I try to do. You were right about the dividend increase but so far the trade is still working. Yes, I adjusted it twice early in the trade and i would rather not have to adjust at all.

My point was that even with a large move, adjusting let me stay in the trade and hopefully make a profit even though the stock moved rapidly as soon as I got in the trade.

Your trade is also a good idea. With options there are many way to make money from the same stock. I could have done a Calendar Spread, or a Double Diagonal, or an Iron Condor on MCD instead of the Butterfly. Each has its own risks/rewards.

]]> By: Xueren Zhang http://optiongenius.com/blog/market-commentary/comment-page-1/#comment-102 Xueren Zhang Tue, 29 Sep 2009 22:05:09 +0000 http://optiongenius.com/blog/?p=90#comment-102 OG, I was not saying your MCD trade was not a good one ( like you said in this blog).MCD did raise dividend,first of all.Second,I just pointed out that MCD trade that you started on Sept 15,adjusted on Sept 16,then again Sept 18, was quite complicated and confusing.Probably you are professional enough to make this trade with adjustments in a few days,but most of your members may not.People want to make things simple.Imagine you are a teacher.Your pupil would like you to explain the concept in a simple way so that they can understand EASILY.Third,I put forward a competing strategy by selling MCD OCT bull put spread (sell 52.5,buy 50).My point was that simplicity,sometimes,was a beauty. You want your members to follow you not blindly,but in a way that they really understand your work completely. OG,

I was not saying your MCD trade was not a good one ( like you said in this blog).MCD did raise dividend,first of all.Second,I just pointed out that MCD trade that you started on Sept 15,adjusted on Sept 16,then again Sept 18, was quite complicated and confusing.Probably you are professional enough to make this trade with adjustments in a few days,but most of your members may not.People want to make things simple.Imagine you are a teacher.Your pupil would like you to explain the concept in a simple way so that they can understand EASILY.Third,I put forward a competing strategy by selling MCD OCT bull put spread (sell 52.5,buy 50).My point was that simplicity,sometimes,was a beauty.

You want your members to follow you not blindly,but in a way that they really understand your work completely.

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