POLL: Have you ever traded derivates?

[wolverine]

In Reply To: jwlkr's post @ May 13 2011, 11:54 PM

Trying to leg into a position is a problem.

Try getting on the phone and get the operator to deal all the legs of your spread they should be able to do it.

They are thin and with big spreads but I have made a fair living off covered calls over OSH (mostly) for years.

[wolverine]

In Reply To: jwlkr's post @ May 13 2011, 11:54 PM

Trying to leg into a position is a problem.

Try getting on the phone and get the operator to deal all the legs of your spread they should be able to do it.

They are thin and with big spreads but I have made a fair living off covered calls over OSH (mostly) for years.

[jwlkr]

In Reply To: wolverine's post @ May 13 2011, 09:50 PM

Just put in my "no" vote. Looks like we're winning!

17 - yes (or at least they think that do)
18 - no
03 - invalid

I blame thin volume and lack of open interest. Tried to construct a butterfly spread once (ANZ) but couldn't get all four legs to execute at the same time (ETrade's option finder tool). Besides, I wouldn't be very good at it - Greeks are intimidating . In future, I wouldn't mind using it to lock in physical position profits though.

http://tradinghumor.com/

[wolverine]

In Reply To: balance's post @ May 13 2011, 09:36 PM

Old school thread B.

ps: I use eto's and I am doing ok if anyone cares.....

[balance]

In Reply To: arty's post @ May 13 2011, 07:56 PM

Crikey! This has been lurking on my fav's list for years.All of a sudden it pops up again.
Note it was asx.com (or similar) way back then.
A lot of the early starters back then emigrated from ozestock. I suspect when the poll was taken we did not have that many members.
Influxweb was a mod back then.

[arty]

In Reply To: mpl's post @ May 13 2011, 06:25 PM

I made a bet with myself that it would take less than 4 hours for a troll to jump in and paint his graffiti over this topic.
I won. Also 10 bonus points for guessing the "artist" troll.
deja vue all over again

[mpl]

In Reply To: flower's post @ May 13 2011, 05:37 PM

Question:
Do those of us who are NOT derivative savvy produce lesser annual returns on total capital involved in the market than the derivative savvy?
BTW: my answer was NO to being derivative savvy

YOU JUST can not HELP YOUSELF CAN YOU FLOWER.

[flower]

In Reply To: arty's post @ May 13 2011, 03:30 PM

what came of this poll?
would be worth reviving just to see how big a percentage of us are derivative-savvy and how many are of the vanilla variety.
(Not that there's anything wrong with either side )
------------------------------------------------------------------------------------------

arty---given SS has 36,339 registered members,
of which 925 have been online today
and out of the 31 who have voted in this poll
16 said NO
13 said YES

ie: 13 of us are derivative savvy

so: 36,313 are not derivative savvy or 36,313 have not bothered to vote

A summation might be that those who are derivative savvy are in a such a tiny % as not to rate statistically which has been my point for years in that computer driven trading devotees are vastly outnumbered by the general trading/investing masses.

Question:
Do those of us who are NOT derivative savvy produce lesser annual returns on total capital involved in the market than the derivative savvy?
BTW: my answer was NO to being derivative savvy

[arty]

In Reply To: influxweb's post @ Apr 3 2004, 06:38 PM

what came of this poll?
would be worth reviving just to see how big a percentage of us are derivative-savvy and how many are of the vanilla variety.
(Not that there's anything wrong with either side )

anyway - my answer is Yes; but I'm puzzled how come it says total votes 27, of which there are 13 yesses and 12 nos. New Maths?

[influxweb]

Hi all Asxboard Members,

This poll asks whether of not you have ever traded any form of derivate before.
Thanks for answering!

Andrew