Search results

  1. M

    Peter Spann Strategy, anyone made it?

    Apologies, I stand corrected that the naked put is limited loss as the stock price can only go all the way down to $0 less the credit --- yes I was thinking about naked calls at the time Buy Write - Yes i described the promoted version as this is what the thread has touched on about
  2. M

    Peter Spann Strategy, anyone made it?

    It is not the same, despite whatever reasons you can come up to convince yourself it is. I dont want to turn this into an option trading forum but I believe some pictures may help. Ill make this my last post ever for this thread. Buy write is a synthetic bull spread - limited loss and gain...
  3. M

    Peter Spann Strategy, anyone made it?

    Yep, I agree it is a great way to finance IP's, IF you know what you are doing Peter, it took some convincing...I should show them your post. Cheers
  4. M

    Peter Spann Strategy, anyone made it?

    As a further note Often, and I have seen others that have posted about the difficulty of trading options, it is met by strong resistance. I believe it may be because it sounds like im crushing peoples dreams to generate that side income to fund the IP. All I am suggesting, is people get a...
  5. M

    Peter Spann Strategy, anyone made it?

    That would apply to all traders of all products, not just options. That is not completely true, as it depends on your risk management and position sizing. Bull spreads are limited gain and loss strategies, so with correct capital allocation, even if a particular spread loses it should not...
  6. M

    Peter Spann Strategy, anyone made it?

    My only beef with Peter Spann is that everything regarding option strategies is all rosy, while the true risks of trading this complex instrument is glanced over. I reiterate what I am saying because a close family friend for is an avid fan of the Spann, recently asked me if i knew of this...
  7. M

    Peter Spann Strategy, anyone made it?

    Oh your good!!
  8. M

    Peter Spann Strategy, anyone made it?

    Some further information abotu Daniel Kertcher http://www.clime.com.au/media/spruikers.html I should stop this rambling...this is a property forum
  9. M

    Peter Spann Strategy, anyone made it?

    Sunfish I believe Daniel Kertcher is part of the 21st Century crew...if you do a search i believe he used to be a real estate peddler with some questionable practices before he started teaching options, i do not know about the validity of the claims. But a few good options books will give...
  10. M

    Peter Spann Strategy, anyone made it?

    Re-reading my post i can see how you came to that conclusion that i suggested the diagonal call is more efficient and effective. Better make sure im more clear next time!!!
  11. M

    Peter Spann Strategy, anyone made it?

    oc1 When i was referring to efficient and effective option writing i had in mind other strategies -e.g. vertical spreads, calendar spreads, double diagonals, condors. Mind you efficient and effective will depend on what the market is doing and what would be the most appropriate strategy is...
  12. M

    Peter Spann Strategy, anyone made it?

    oc1 You just proved my point...alternatives alternatives
  13. M

    Peter Spann Strategy, anyone made it?

    oc1 I was comparing the diagonal to a covered call
  14. M

    Peter Spann Strategy, anyone made it?

    DaveJ... Naivety...ive traded options extensively...some posts here sound naive to me, thats why im posting. I've seen too many tank out with covered calls, and many wealth gurus not discussing the risks enough (I personally dont know about Peter so no accusations here, but Jamie...
  15. M

    Peter Spann Strategy, anyone made it?

    Chris Murphy *winces* ouch "I suppose if you were IN the market, you would've lost regardless of where and what assets you were invested in." Maybe investors, no so much traders, though i should leave that debate for share market forums.
  16. M

    Peter Spann Strategy, anyone made it?

    hahahaha.....people underestimating the downside risk of covered calls/naked puts I post forewarning that some people emotionally invested in Peter Spanns strategies may squirm and I also certainly dont mean to demean, but sometimes the harsh truth must be told. These strategies work well...
Back
Top