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Old 01-12-2017, 01:25 PM   #589
Abba-Dabba Abba-Dabba is offline
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Join Date: May 2001
Casino cash: $4492970
Quote:
Originally Posted by scho63 View Post
I play options to hit a home run or grand slam. I see it as 100% risk dollars as I have no hedging strategies to offset any losses nor do I write options against stock.

I buy puts and calls only, not index options.

I had one good hit last year with Nuance, NUAN, made $11,400 on a $1,500 investment. I've also lost a TON of money since 2009, all risk dollars.
Do you ever buy anything other than a long call or put?
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