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Originally Posted by Jeff
that's not financial markets and trading, though; this is simply gambling... and it's a different world in the stock (or whatever vechicle to use) market...
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That was exactly what i thought. I assessed the risk as it was too high for me to handle over 2+ years. My wife would bid on that, I felt like it was going to a casino and freeze the money over 2 years... I passed.
I short and sell puts short. Most of the time I own ( buy as a part of a plan and options grant) and then sell covered calls aganist the LRCX (lam research) position. Lam Research is due to report next week, close to all time high. I just sold some ... Will sell more if we go beyond 55
I forgot tp clarify if that wasnt obvious that I work for lrcx. Enjoying it too.