Dr. Terry Allen's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/816477/comments http://seekingalpha.com/article/1445911/comments?source=feed#comment-19023671 19023671 Mon, 20 May 2013 09:22:22 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-19020501 19020501
Normally our maximum bet is 50% of portfolio value but I felt quite strongly about this particular play.]]> Mon, 20 May 2013 08:11:39 -0400
Normally our maximum bet is 50% of portfolio value but I felt quite strongly about this particular play.]]> http://seekingalpha.com/article/1445851/comments?source=feed#comment-19004321 19004321
Your second statement is comparing apples and oranges. Maybe I was not clear in the article. The 6.6% average change only refers to the stock price after the earnings announcement. It doesn't have anything to do with option prices, past or forward.

Your third statement is inaccurate. No matter how far the stock might fall, there will still be a gain. The intrinsic value of the diagonal spread can never be worth less than $2.50 which is less than you paid for it. Since the June options have a month of life remaining, the spread is highly likely to be worth more than the intrinsic value. It is true that if the stock moves higher by a very large amount, a loss would result, and it could be a big one, but I have made over 22% after commissions on 8 consecutive option trades, and I could handle of big loss every once in a while if I am terribly wrong in the direction I think the stock will move. Usually, big moves are to the downside, and that is where I have total protection in this CRM play.]]> Sun, 19 May 2013 16:37:32 -0400
Your second statement is comparing apples and oranges. Maybe I was not clear in the article. The 6.6% average change only refers to the stock price after the earnings announcement. It doesn't have anything to do with option prices, past or forward.

Your third statement is inaccurate. No matter how far the stock might fall, there will still be a gain. The intrinsic value of the diagonal spread can never be worth less than $2.50 which is less than you paid for it. Since the June options have a month of life remaining, the spread is highly likely to be worth more than the intrinsic value. It is true that if the stock moves higher by a very large amount, a loss would result, and it could be a big one, but I have made over 22% after commissions on 8 consecutive option trades, and I could handle of big loss every once in a while if I am terribly wrong in the direction I think the stock will move. Usually, big moves are to the downside, and that is where I have total protection in this CRM play.]]> http://seekingalpha.com/article/1445851/comments?source=feed#comment-19003801 19003801
I did suspect there might be a discrepancy between the GAAP and adjusted actuals but could not see why TD would post apple and orange comparisons.]]> Sun, 19 May 2013 16:13:18 -0400
I did suspect there might be a discrepancy between the GAAP and adjusted actuals but could not see why TD would post apple and orange comparisons.]]> http://seekingalpha.com/article/1427451/comments?source=feed#comment-18998351 18998351 http://bit.ly/17JUTcE. ]]> Sun, 19 May 2013 12:29:33 -0400 http://bit.ly/17JUTcE. ]]> http://seekingalpha.com/article/1428171/comments?source=feed#comment-18998271 18998271 http://bit.ly/17JUTcE. ]]> Sun, 19 May 2013 12:26:54 -0400 http://bit.ly/17JUTcE. ]]> http://seekingalpha.com/article/1427451/comments?source=feed#comment-18909121 18909121 Thu, 16 May 2013 14:33:06 -0400 http://seekingalpha.com/article/1427451/comments?source=feed#comment-18875781 18875781 Wed, 15 May 2013 20:31:28 -0400 http://seekingalpha.com/article/1428171/comments?source=feed#comment-18803341 18803341 Tue, 14 May 2013 08:57:54 -0400 http://seekingalpha.com/article/1427451/comments?source=feed#comment-18752411 18752411 Mon, 13 May 2013 04:09:41 -0400 http://seekingalpha.com/article/1427451/comments?source=feed#comment-18728851 18728851 Sun, 12 May 2013 08:41:17 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18633871 18633871 Thu, 09 May 2013 13:37:18 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18633771 18633771 Thu, 09 May 2013 13:35:39 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18590121 18590121 Wed, 08 May 2013 14:52:52 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18522011 18522011 Mon, 06 May 2013 23:56:56 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18505881 18505881
The sheer magnitude of those short positions still causes me concern - those shorts have collectively lost over half a billion dollars since in the last quarter. That's real money.

It will be interesting to watch this unfold. .]]> Mon, 06 May 2013 16:08:50 -0400
The sheer magnitude of those short positions still causes me concern - those shorts have collectively lost over half a billion dollars since in the last quarter. That's real money.

It will be interesting to watch this unfold. .]]> http://seekingalpha.com/article/1405381/comments?source=feed#comment-18505611 18505611 Mon, 06 May 2013 16:04:06 -0400 http://seekingalpha.com/article/1405381/comments?source=feed#comment-18505561 18505561
Good luck!]]> Mon, 06 May 2013 16:03:23 -0400
Good luck!]]> http://seekingalpha.com/article/1166261/comments?source=feed#comment-18492351 18492351 Mon, 06 May 2013 10:41:52 -0400 http://seekingalpha.com/article/1357601/comments?source=feed#comment-18050291 18050291 Wed, 24 Apr 2013 17:16:01 -0400 http://seekingalpha.com/article/1355521/comments?source=feed#comment-17892101 17892101 Sun, 21 Apr 2013 08:03:18 -0400 http://seekingalpha.com/article/1355521/comments?source=feed#comment-17892061 17892061 Sun, 21 Apr 2013 08:01:38 -0400 http://seekingalpha.com/article/1355521/comments?source=feed#comment-17856601 17856601 Fri, 19 Apr 2013 20:27:53 -0400 http://seekingalpha.com/article/1343511/comments?source=feed#comment-17688901 17688901
Backwardation only occurs about 5% of the time so I am invested most of the time. My cost basis for VIX is less than $7 two years ago so even with yesterday's big drop, I'm up over 300%.]]> Tue, 16 Apr 2013 10:32:22 -0400
Backwardation only occurs about 5% of the time so I am invested most of the time. My cost basis for VIX is less than $7 two years ago so even with yesterday's big drop, I'm up over 300%.]]> http://seekingalpha.com/article/1339401/comments?source=feed#comment-17618441 17618441 Sun, 14 Apr 2013 21:52:09 -0400 http://seekingalpha.com/article/1339401/comments?source=feed#comment-17618141 17618141 Sun, 14 Apr 2013 21:45:09 -0400 http://seekingalpha.com/article/1324851/comments?source=feed#comment-17584501 17584501 Sat, 13 Apr 2013 14:25:54 -0400 http://seekingalpha.com/article/1220201/comments?source=feed#comment-15610471 15610471 Wed, 27 Feb 2013 21:46:52 -0500 http://seekingalpha.com/article/1201271/comments?source=feed#comment-15484671 15484671 Mon, 25 Feb 2013 13:52:57 -0500 http://seekingalpha.com/article/1201271/comments?source=feed#comment-15234591 15234591 Tue, 19 Feb 2013 22:10:03 -0500