Rob the casinos legally

A great way to scientifically beat the option market with contained
risk and 87.5% winning trades guaranteed is by following a credit
spread strategy. It is a well-known fact that stock prices tend to
trade in ranges about 80% of the time. The other 20% of the time the
prices will move in powerful trends.
That means that it is very common for markets to move sideways - like
treading water. Overall the, prices spend little time in pronounced
uptrends or downtrends. Check any annual stock chart, and you will see
what I mean. If you want to make money during this time, all you need
to do is to choose a market (e.g. the S&P 100 with its symbol OEX), and
then put on a credit spread. This will make you good money and contain
any eventual losses to a predetermined level, because the market tends
to trade between +5% and -5% of its current price in 87.5% of the
times.
That means, this technique will make you money 87.5% of your trades!
Now you ask, "What is a credit spread?" Well, that's easier than your
broker wants you to know. Let's say the OEX is at 646.16. We will go
ahead and sell a call that is 5% above the current market price and a
sell put that is 5% below the current market price. So we are looking
to sell a call around 678.47 and sell a put around 613.85. Now, go
ahead and check the closest strike prices around these numbers that are
four weeks out. If it was end of June, look for options expiring end of
July.
OK, so for the July 680 call we collect 7/8. Each point is worth $100,
so that translated to $87.50. For the July 615 put we collect 2-7/8,
which is $287.50. You just made $375 minus commission, if the OEX stays
in this range until expiration. Warning! If it doesn't, your potential
loss is unlimited! That's why we reinvest part of our $375. What we'll
do is buy a call that is one strike price further out than the 680 call
we sold. That would be the July 685 call, which let's say was priced at
3/8, or $37.50. The put we want to buy is the July 610, which is one
strike price further out than the 615 we sold. That will cost us 2-1/8,
or $212.50. Together, we made $375, but spent $250. That nets us $125
in profits.
Our risk is restricted to our invested $375 and our expected winning
odds are 87.5%. Now, that's a conservative way of making good money.
You're only problem is your broker's commission. A discount brokerage
will charge you about $40 for this strategy. Her it is again, the house
edge. You risk your money, they risk no money. They always come out
ahead. That's why we looked at Roulette as an investment vehicle. Here,
the house is risking its own money playing against you -- unlike your
broker who is risking nothing.
http://casinos.reallyrules.com/rob.htm

wrote in message
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100% bovine residue.

Mr. Jaggers

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...

wrote in message
ups.com...

100% bovine residue.

Mr. Jaggers

I try not to reply to spam. DOH--now I did! ;-)
Reports got to
Anyhow they have a way of telling when someone reads the crap. So that means
they'll do some more spamming at where it was that they got a response.
Usually when you see on the 'From' line something like
'kjhrwrbjhgqig-at-heyyoo.com' it's always going to be spam.
I think this is the dummie who periodically sends me garbage just like this
so I'm reporting it.

"bri" wrote in message
.net...

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...

wrote in message
ups.com...

100% bovine residue.

Mr. Jaggers

I try not to reply to spam. DOH--now I did! ;-)

You did not reply to spam, as my post was not spam. Rather, it was my
assessment of the nature and content of the previous post. Neither have I
ever seen, nor do I expect to ever see, other posts from the OP. It is
obviously a drive-by.

Mr. Jaggers

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...

"bri" wrote in message
.net...

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...

wrote in message
ups.com...

100% bovine residue.

Mr. Jaggers

I try not to reply to spam. DOH--now I did! ;-)

You did not reply to spam, as my post was not spam. Rather, it was my
assessment of the nature and content of the previous post. Neither have I
ever seen, nor do I expect to ever see, other posts from the OP. It is
obviously a drive-by.

Mr. Jaggers

LOL--a drive-by spamming. That was a good one.
;-)

What a brilliant idea! Let's all do this and get rich! Woo-hoo!